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Passing on full price shock would require a 200%–300% price hike in petrol-diesel: Govt sources
Government limits petrol-diesel price hikes to 3.5% to shield citizens from a potential 200-300% increase due to global oil shocks.
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4 prospettive sulla stessa storiaTimeline cronologica
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theprint.in
Petrol, diesel prices hiked by Rs 3 per litre as Centre moves to ease OMC losses
The hike comes amid soaring global energy costs, with government citing mounting under-recoveries and fiscal pressure on state-run oil firms
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ndtv.com
Oil Companies Losing Rs 1,600 Crore Daily. Will Rs 3 Petrol Hike Be Enough?
OMCs' production costs have "gone through the roof in the past month", Petroleum Minister Hardeep Singh Puri said last month after the governemnt cut central excise taxes to ease…
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Petrol Diesel Prices Hike LIVE: "Shielding Citizens Instead Of Passing Oil Shock," Say Government Sources On Fuel Price Hike
Petrol, Diesel Price Hiked India LIVE Updates: The petrol will now cost Rs 97.77 per litre in Delhi, Rs 108.74 per litre in Kolkata, Rs 106.68 in Mumbai and Rs 103.67 per litre in…
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thehindubusinessline.com
Passing on full price shock would require a 200%–300% price hike in petrol-diesel: Govt sources
Government limits petrol-diesel price hikes to 3.5% to shield citizens from a potential 200-300% increase due to global oil shocks.
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Petrol, Diesel Prices up Rs 3/litre As Govt Balances Crude Shock, OMC Stress And Inflation Risks
The government raises petrol and diesel prices by Rs 3/litre amid global crude price surge and inflation concerns.
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timesofindia.indiatimes.com
Fuel price hike: Can Centre shield OMCs with Rs 3 cushion, or will rupee flip the script?
The government on Friday raised fuel prices in the country, in an effort to soften the blow on oil marketing companies, as global crude soared beyond $100 while retail prices…