LPG price hikes: Modi govt. will pay a political price, says Sharad Pawar

[ad_1] NCP-SCP chief Sharad Pawar. File | Photo Credit: ANI Nationalist Congress Party (SP) supremo Sharad Pawar on Sunday (June 7) criticised Prime Minister Narendra Modi’s handling of gas and fuel price hike and said that it was being done in a phased manner to avoid public backlash while steadily disturbing household budgets. Hitting out at the Prime Minister, Mr. Pawar said, “He […]

Brace for price rise after fuel hike; inflation may increase 10-25 bps, RBI likely to reassess projections for yr

[ad_1] NEW DELHI: The increase in retail prices of petrol and diesel is expected to drive headline inflation print by 10-25 basis points (bps) in the coming months, with analysts cautioning that cascading impact of higher fuel costs could force RBI to reassess its inflation projections for the year.Several companies, which were holding on to […]

‘Inflation coming’: Rahul slams Centre over weak rupee; predicts when govt will hike fuel price

[ad_1] NEW DELHI: Leader of opposition in Lok Sabha Rahul Gandhi slammed the BJP-ruled central government over falling rupee and called it “clear signs” that inflation was inevitable. He criticised the Centre’s “empty rhetoric” as the country faces economic restrain due to LPG shortage amid West Asia crisis. He claimed that petrol, diesel, and LPG […]