Excise duty cut on petrol-diesel: Relief likely temporary as international crude prices expected to rise
By Roshan Kishore | Hindustan Times, New Delhi
UPDATED ON OCT 05, 2018 08:36 AM IST
The relief however is likely to be temporary, as crude prices are expected to rise in the future and probably cross the psychological barrier of $100 per barrel, last seen in 2014. A falling rupee will mean that prices increase even more in rupee terms.
Enter your email to get our daily newsletter in your inbox
Get our daily newsletter in your inbox
Thank you for subscribing to our daily newsletter.