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The Economic Times

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Fuel prices likely to rise if war continues: RBI Guv

If this is to continue for longer period of time, it is just a matter of time before the government will pass on some of the price increases, Malhotra said at a conference hosted by the Swiss National Bank and the International Monetary Fund in Switzerland on Tuesday. Excise duties had been cut while state-run fuel retailers were absorbing the increase in crude prices as the conflict continues, he added.

14 May 2026 1:20 am