Signage of Hindustan Petroleum Corporation Ltd. seen at one of its petrol pump station in Bengaluru, India. (Photographer Anirudh Saligrama/ BloombergQuint)

Fuel Price Cut: Inflation Relief But Fiscal Uncertainty Seen Rising

In a bid to rein in record-high prices of domestic fuel products, the central government announced an intention to reduce the cost of auto fuels by Rs 2.5 per litre. Of that, the central government...