An auto-rickshaw sits parked at a Hindustan Petroleum Corp. gas station in Coonoor, Tamil Nadu. (Photographer: Dhiraj Singh/Bloomberg)

India’s Fuel Tax Hike Unlikely to Stop Central Bank From Cutting Rates

(Bloomberg) -- India’s decision to raise duties on gasoline and diesel is unlikely to threaten the inflation outlook, keeping alive expectations of more interest rate cuts from the central bank.

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