Are petrol and diesel prices set to rise soon?
Will fuel prices in the country go up soon? Economists suggest they might. Alexandra Herman-Prasad, a lead economist at Oxford Economics, has analyzed that there is a possibility of an increase in petrol and diesel rates in November. She anticipates this hike in November, given that elections are scheduled to take place in seven states next year. Several economists suggest that this increase could be up to half the magnitude of the fuel price hike announced last May.
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