the comical cuts in oil prices in India, an international
comparison with neighbouring countries shows that
the petrol and diesel prices in India are the highest
in the region. While a rise in crude oil prices is
borne by the consumers, the benefit of a fall doesn't
follow the same route. A break up of oil prices and
taxation throws light at the picture.
This article was originally published in News
Central 24x7 on June 15, 2018.