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People fill plastic drums with diesel at a fuel station in Noida
The good, and bad, in fuel price hike
Sooner or later, a fuel price hike looks inevitable in India, and that carries both good and bad news for investors. Raising fuel prices would improve the government's fiscal standing, and give foreign investors some hope that India is getting serious about its woeful finances, especially if diesel prices see some kind of deregulation. However, the trade-off would inevitably come in the form of