Crude Oil Crosses $101: Should Indian Consumers Brace For Fuel Hikes?

Senior Business Economist & Managing Partner of Talk The Walk LLP, Sanchita Mukherji said “while government cushioning protects everyday petrol and diesel pump prices for now, rising international energy costs are already pushing up commercial LPG and CNG rates. Indian households will feel this trickle down through higher eating-out costs, rising city gas bills, and increased auto and freight fares. Unless global crude prices drop back down, these imported energy pressures will gradually creep into your monthly kitchen and transport budgets.”