Rahul Sharma
20.7K posts

Rahul Sharma
@rahuljkas
Atheist,secular,anti-communal,anti-hypocricy,against religious extrimism.left-liberal.
jammu,j&k,india Katılım Aralık 2009
4.4K Takip Edilen439 Takipçiler

Effective Friday, retail selling prices of petrol and diesel in four Metro cities are as under:
MS (petrol) prices (in Rs per litre):
Delhi 97.77 (+3.00)
Kolkata 108.74 (+3.29)
Mumbai 106.68 (+3.14)
Chennai 103.67 (+2.83)
HSD (diesel) prices (in Rs per litre):
Delhi 90.67 (+3.00)
Kolkata 95.13 (+3.11)
Mumbai 93.14 (+3.11)
Chennai 95.25 (+2.86).
English

Raising petrol prices can actually help the Indian Rupee.
The Iran war has continued for more than three months, and crude oil prices have crossed $83 per barrel. Even after this, the Indian government has not increased fuel prices much at the pump. Because of this, the government and oil companies are indirectly bearing a subsidy burden of around ₹40,000–45,000 crore every month.
What happens if petrol prices are increased?
When petrol becomes expensive, people usually reduce fuel consumption. Lower fuel usage means India imports less crude oil. If imports reduce, the demand for US dollars also falls, because oil is bought in dollars. Lower dollar demand helps strengthen the Indian Rupee.
Over the last six months, the RBI has reportedly used nearly $80 billion from foreign exchange reserves to support the Rupee. These reserves are national assets meant for financial stability.
If fuel prices are not increased, the pressure eventually shifts to RBI reserves and government finances.
According to this argument, even a ₹10 increase per litre in petrol prices could save nearly 0.4% of GDP by reducing subsidy pressure and import costs.
In simple terms:
• Higher petrol prices → lower fuel consumption
• Lower imports → lower dollar demand
• Stronger Rupee → less pressure on RBI reserves
Political decisions before elections may focus on keeping fuel prices low, but economically, higher fuel prices can sometimes help stabilize the currency and reduce financial stress on the country.
English

@Jitendra_SinghP @nishkumar1977 @Sahilpahwa09 Me abi paise dalu to 30% air gir jaega aur agr ni dalu to 30% bd jaega hafte me
Eesti

Everybody knows about crisis
Now #nifty should give a exit rally till July or August
It won’t be much big but a decent one o believe
#chart_sab_kuch_bolta_hai
English

Those who bought ITBEES aggressively at very dip, must be feeling very sad.
Margin of Safety🇮🇳@InvestorOfJAMMU
IT index is down 41% from All time highs, but TCS is down more than 50% from record highs🫣
English

If you want to make it really big in the stock market,
you need to have a mad passion for it — the kind that makes you think about companies and charts all the time.
#IndianStockMarket
English

🚨 J&K LG Manoj Sinha decided to reduce size of his convoy by 50 %
- DGP Nalin Prabhat and IG Security Sujit Kumar have scaled down their convoys by half
- No reduction in Omar Abdullah's security arrangement, he continues with Yellow Book protocol
republicworld.com/india/jk-lg-si…
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