Passing on full price shock would require a 200%–300% price hike in petrol-diesel: Govt sources

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 remained unaltered. Now, as petrol and…