Surge in crude prices stokes fears of increase in inflation

Surge in crude prices stokes fears of increase in inflation

IndiaTimes

Published

State-run fuel retailers are likely to bear the cross for saving consumers from the impact of benchmark oil prices rising to their highest in 10 months. But at $95 a barrel, crude is bound to delay possible cuts in interest rates and test the government's management of inflation in the run-up to elections in politically important states and national polls next year.

Full Article