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

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 price […]

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

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 prices […]

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