India must let fuel prices go up for demand and supply to find a new balance
Published on: March 30, 2026, 7 a.m. | Source: Livemint
India’s excise tax cuts can’t fully shield fuel retailers hit hard by the Gulf war’s oil shock—and not for long anyway. It’s time for bold reforms. Letting higher fuel prices moderate consumption would serve India’s fiscal health, oil companies and people at large better.
