Quote Originally Posted by sgiitk View Post
I hear fuel prices are (more or less) at their lowest for the year, $is ₹69.94 and Brent $52.80. So my hobby horse RuBrent is ₹3693. Actually due to local production the actual crude is a bit lower. So this becomes the benchmark to work on.
Yes sir. That's right. BUt that is not getting transferred to customers. If central is reducing then STate is increasing the tax