Rise In Fuel Prices To Hurt Consumers

Brokerage firms have hinted that a Rs 4 per litre hike in petrol and diesel prices is in the offing. Global crude prices also soared to three and a half year highs adding pressure on State owned fuel retailers to hike the rates further. We speak to Aditi Nayar, Principal Economist, ICRA to under how the price rise would impact consumers

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