Impact of US Sanction and Surge in Oil Price in the Indian Economy

India is the third largest importer of oil. More than 80% of its oil requirement is imported each year. Hence, it’s one of the most vulnerable economies to surge in oil price.... Read more »

Hike In Petrol And Diesel Prices; Finance Ministry Refuses To Cut Excise Duty

The Finance Ministry on 23rd April 2018– regarding the hike in petrol and diesel prices has stated that the center is not in favor of slashing the excise duty on fuel. An unnamed... Read more »

Petrol, Diesel Prices To Be Revised Daily From Tomorrow: Here’s What You Need To Know

Some time ago, the Indian government launched a pilot program in five cities. Under this pilot program, the government wanted to see the viability of changing the prices of petrol and diesel... Read more »

Why Petrol Prices Are So High In India?

Do you also wonder why in this world, petrol prices are so much higher in India compared to most of the countries on our planet? Do you know the fundamentals of how... Read more »