Petrol, Diesel Price Hike Likely Soon? Fiscal Stress Mounts On Govt
Last Updated:May 09, 2026, 09:19 IST As crude remains above $100 per barrel, the government has been taking a hit of about Rs 1,000 crore daily for the past 70 days since the West Asia conflict started. India is the only major economy that has not passed the higher petroleum cost on to consumers despite…