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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 hikes, are now expected to raise rates, citing higher transport and input costs.
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economictimes.indiatimes.com
RBI expected to hold rates in June despite rising inflation, H2 rate hike bets emerge
Three out of twelve economists anticipate the Reserve Bank of India will raise policy rates this fiscal year due to inflation concerns, while others predict a prolonged pause.…
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dw.com
India hikes petrol, diesel prices as economic woes mount
For the first time in four years, Indian fuel retailers have increased the prices of petrol and diesel. Analysts warn this could be the first of many hikes.
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thehindubusinessline.com
Fuel price hike can push up retail inflation by 15-25 basis points in FY27, warn economists
Economists warn that a ₹3 per litre fuel price hike could increase FY27 retail inflation by 15-25 basis points.
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timesofindia.indiatimes.com
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…