Up To Rs. 4.6/Litre Hike In Petrol, Diesel Prices Likely, Says Brokerage
Even as petrol and diesel prices are at record highs, a brokerage today warned of a further hike of up to Rs 4.6 per litre in the prices of auto fuels. Petrol and diesel prices, which are revised on a daily basis from 6 am, were not raised for three weeks before Karnataka elections. Because of this, oil marketing companies (OMCs) now need to raise petrol prices by Rs 4.6 or 6.2 per cent and diesel rates by Rs 3.8 or 5.8 per cent, Kotak Institutional Equities said in a report.
"OMCs have started increasing retail prices now, but the ask-rate remains high at Rs 4-5/litre to earn normative margins," said Kotak Institutional Equities. "Our computation suggests that downstream OMCs are required to increase retail prices of diesel by a steep Rs 3.5-4/litre and gasoline (petrol) by Rs4-4.55/litre in the coming weeks to earn normative gross marketing margins of Rs 2.7/litre, assuming global price of diesel and gasoline and Rupee-US Dollar exchange rate remain stable hereon," the report added.
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High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
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Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
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Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
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India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
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France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
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You May Inherit The Business. You Must Earn Its Credibility.
Succession tests the founder's ability to share authority as much as it tests the next generation's readiness to assume it.
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Signing Deals Is One Thing; Making Them Work Is Another | The Week In Whys
Sometimes, things don't turn out as planned. Indian companies have lost some bids to rivals, some projects won't produce until 2030.
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FOMC Wall, PERM Suspension, Hospital Stocks | Talking Points This Week
A PERM suspension would directly affect green-card sponsorship rather than H-1B visas, so the near-term earnings impact could remain relatively limited. The key question is whether this marks a new phase in US scrutiny of Indian IT.
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Everything, Everywhere, All At Once: Dalal Street's Week To Forget | Joining The Dots
Visa curbs, a Starlink spat and cancer drug caps: what connects this week's shocks for Indian markets
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India Is Going Abroad For Critical Minerals. But It May Take Years To Pay Off | The Reason Why
Although India's steps are in the right direction, they remain modest compared with India's growing dependence.
