Fuel prices
India's Wholesale Price Index Falls 0.52% In August
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India’s Wholesale Price Index Falls 0.52% In August

India’s wholesale price index (INWPI=ECI) fell 0.52 per cent in August from a year earlier, according to government data released on Thursday. Economists polled by Reuters had estimated the wholesale price index for August would fall 0.6 per cent. It fell 1.36 per cent in July. In August, fuel and power prices fell 6.03 per […]

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Fluctuating Crude Prices: Potential Inflation Threat For Indian Consumers And Businesses
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Fluctuating Crude Prices: Potential Inflation Threat For Indian Consumers And Businesses

Saudi Arabia, the world’s largest crude oil exporter, has announced voluntary output cuts in crude oil in response to a tighter market induced by global central banks’ interest rate hikes and inflationary pressures. These cuts, initially set for this month, now have been extended to include August. Additionally, OPEC+ has agreed to further reduce production […]

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