Fuel Prices May Need Further Hikes: Kotak Report
Kotak warns that despite a Rs 3/litre hike, fuel under-recoveries persist at Rs 8-9 bn/day, requiring further price increases if crude stays elevated.
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Kotak warns that despite a Rs 3/litre hike, fuel under-recoveries persist at Rs 8-9 bn/day, requiring further price increases if crude stays elevated.
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