Dr. Vinod Chandrashekhar Dixit   Petrol and diesel prices in India were hiked by ₹3 per litre on May 15, 2026, the first increase in over four years, mainly because state-run oil marketing companies like IOC, BPCL, and HPCL were facing severe financial strain from surging global crude oil prices. The immediate trigger was the […]

New Delhi: The Indian Rupee has reached a critical level where any further depreciation could wipe out the gains from the recent Rs 3 per litre increase