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How India's Timely Measures Absorbed Hit From Oil Shock

Diesel and petrol prices were increased by over 3 per cent last week, a modest hike compared to the surge in crude. The move reflects the government is trying to balance inflationary and fiscal pressures, and may go for staggered hikes as seen in the

NDTVNDTV
Published: 20 May 2026
How India's Timely Measures Absorbed Hit From Oil Shock
Diesel and petrol prices were increased by over 3 per cent last week, a modest hike compared to the surge in crude. The move reflects the government is trying to balance inflationary and fiscal pressures, and may go for staggered hikes as seen in the

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