BUSINESSBLOOMBERG
India Raises Diesel, Gasoline Prices for Fourth Time This Month
India has raised diesel and gasoline prices for the fourth time this month, posing a threat to the economy's recovery. High local taxes on retail fuel risk exacerbating inflation and creating tension between fiscal and monetary policy objectives.
Mentioned
Related Signal
Adjacent reporting
- Indian Stocks Face Fresh Hurdle as Fuel Price-Hike Risk Looms
- US Gasoline, Diesel Pump Prices Reach All-Time Seasonal Highs
- Iran War Hits US Economy With More Inflation, Record-Low Sentiment
- India Raises Fuel Prices Again as Iran War Squeezes Refiners
- India Hikes Fuel Prices For The First Time in Four Years
- Rachel Reeves is warned fuel tax raid will push thousands of businesses 'to the brink', ramp up food costs for households and stoke inflation