Page 4 - Fuel Prices

Course correction: The impact of fuel price hikes needs to be managed

The general concern over price increases is valid. The pressure of higher prices is the hardest on the poorest sections of society

Weekly economy wrap: Gold duty hike, fuel shock test India's economy

India moved to conserve foreign exchange, contain prices and secure energy supplies as the West Asia crisis tested external accounts and growth forecasts

CNG prices increased by Re 1 in Delhi-NCR, second hike in two days

CNG will now cost Rs 80.09 per kg in Delhi and Rs 88.70 per kg in Noida-Ghaziabad after the latest increase

Fuel price hike: Gig workers' union calls 5-hour nationwide strike today

Drivers and delivery partners linked to ride-hailing, food delivery, and quick commerce platforms will suspend services from 12 pm to 5 pm over demands for higher payouts and fuel-linked compensation

Delhi Congress protests against fuel, milk price hikes across capital

The Delhi Congress on Saturday staged protests across the national capital against rising inflation, a day after the BJP-led Centre increased petrol and diesel prices by Rs 3 per litre. The demonstrations were held outside petrol pumps and dairy booths across Delhi under all 258 Block Congress Committees (BCCs), with party workers protesting against the rising prices of fuel and milk. "The failed policies of the Modi government have set petrol, diesel, and milk prices on fire," the party said in a post on X. Several Congress workers from the Chandni Chowk District Congress Committee also held a protest carrying placards over rising fuel prices. The placards bore slogans such as "Expensive diesel, expensive oil, the Modi government has failed" and "Costly diesel and oil have left the public distressed." Protesters alleged that the rising prices of fuel and essential commodities were burdening common people and worsening inflation. Delhi Congress president Devender Yadav also joined

OMCs hike petrol, diesel prices by Rs 3 per litre amid mounting losses

Petrol now costs ₹97.77 per litre in Delhi, up from ₹94.77 a litre earlier, while diesel prices have been raised to ₹90.67 per litre

Voluntary consumption cuts better than sharp fuel price hikes: Officials

India is relying on voluntary fuel conservation and restrained price hikes to shield consumers from the impact of the ongoing West Asia energy shock

First of a few fuel price hikes; markets to remain rangebound, say analysts

The upward revision in prices for both fuels, said Jyotivardhan Jaipuria, founder and managing director at Valentis Advisors, was already expected though the quantum of ₹3 per litre seems too less.

April WPI hits 8.3%: Will rising wholesale pressure drive retail inflation?

India's wholesale inflation hit 8.3% in April, driven by fuel prices. While retail inflation remains lower at 3.48%, rising supply-chain costs may soon push consumer prices higher

'Fuel price hike raises inflation woes; Rupee eyes 96.80 on higher crude'

Petrol and diesel prices were raised by ₹3 per litre as Brent crude stayed above $105 per barrel. Here's how rising fuel prices could impact inflation and the rupee

'Further fuel price hikes may intensify FPI selling in Indian markets'

Elevated crude oil prices further worsen India's inflation-growth trade-off by putting pressure on the rupee, widening the current account deficit, & limiting the scope for aggressive monetary easing

Oil prices to remain elevated but volatile amid supply constraints: Analyst

In the near term, oil markets remain pulled between tightening supply fundamentals and expectations of an eventual geopolitical breakthrough

Fuel hike: 'Consumption may soften, but a full demand collapse is unlikely'

India usually feels a domestic fuel shock in three stages: Inflation, sentiment hit, and pressure on discretionary consumption

How to trade BPCL, IOC, HPCL post fuel price hike? Angel One answers

Rajesh Bhosale, technical analyst at Angel One highlights that BPCL and IOC have consistently faced resistance around their respective 50-day EMAs on the charts in recent past.

Fuel price hike may push inflation to 5% in FY27, lift bond yields further

India's ₹3 fuel price hike could raise CPI inflation, pressure the rupee, widen the fiscal deficit and force a more hawkish RBI stance amid elevated crude oil prices

'Fuel price hike pressures India's macro stability, further dents FII mood'

If fuel inflation remains elevated for an extended period, FIIs may prefer safer assets or other markets with relatively stable macroeconomic conditions.

From crude to pump: How petrol is priced in India and who gets what share

Petrol and diesel prices are rising again amid the West Asia crisis. Here's how fuel prices are calculated in India and who earns what from every litre sold at the pump

Fuel price hike may push back the consumption story amid higher inflation

Slowdown in consumption will come in the way of private investment, which can now turn further cautious on taking such decisions.

Mild fuel price hike may not significantly upend household budget

We estimate the direct impact of this hike at around 8bps uptick each in the CPI inflation prints for May 2026 and June 2026, along with a mild indirect impact to the tune of around 10 bps, Nayar said

Fuel price hike impact: 'Rupee depreciation to trigger more FPI outflows'

If crude prices remain elevated for an extended period, trade and CAD will further widen, impacting the rupee more. The rupee might depreciate to 100, and trigger more FPI outflows.