SENSEX
NIFTY
GOLD
USD/INR

Weather

image 21    C

Economy News

The Economic Times

Economy / The Economic Times

details

Govt may raise fuel prices in November, top economist says

The government is considering a fuel price hike in November as a strategic move before state elections. Inflation is projected to rise significantly due to the proposed price increases, potentially reaching 6.2% later this year. The Reserve Bank of India has forecasted lower inflation, but external pressures may challenge currency stability. Economists suggest a rate hike may be necessary in response to price increases.

15 Oct 2026 8:37 pm