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March 7, 2022
The twin blows of oil valuation and a weakening rupee may hurt the nations finances, upend a nascent economic recovery and fire up inflation
March 7, 2022
Petrol and diesel prices are likely to be hiked this week as oil companies prepare to pare losses accumulated from keeping rates steady for over four months in the run-up to assembly elections in five states, including UP, despite international oil prices jumping to a 13-year high of $140 per barrel. West Texas Intermediate crude futures, the US oil benchmark, rose to $130.50
March 7, 2022
Fuel price hike alert: Petrol, diesel could get costlier by Rs 15 per litre - Know details - To compound things, the Indian rupee tumbled to a record low of 77.01 per dollar on Monday.
March 7, 2022
Petrol and diesel prices are likely to be hiked this week as oil companies prepare to pare losses after keeping them steady for over four months
March 7, 2022
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March 5, 2022
With state elections ending on Monday, Congress leader Rahul Gandhi slipped in a dig at the government two days before the final voting day, advising people to fill up their fuel tanks and warning that a price hike was looming.
March 4, 2022
With international oil prices spiking in the last two months, state-owned fuel retailers ''need a massive price hike of Rs 12.1 per litre on or before March 16, 2022, just to breakeven, ICICI Securities said in a report.
March 4, 2022
Petrol and diesel prices need to be increased by over Rs 12 per litre by March 16 for fuel retailers to break even.
March 4, 2022
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March 4, 2022
Petrol and diesel prices, which have been on a freeze for the past four months in view of assembly elections in states like Uttar Pradesh, need to be increased by over Rs 12 per litre by March 16 for fuel retailers to breakeven. International crude oil prices shot above $120 a barrel for the first time in nine years on Thursday before retreating a little to $111 on Friday, but