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Brent below $80/bbl, is the time ripe for Modi govt to cut fuel prices before elections?

By Economic Times - 9 months ago
Amid Brent Crude's drop below $80 per barrel, India's Modi government may consider a fuel price reduction before upcoming general elections, aiming to ease the financial burden on consumers. The Bharatiya Janata Party, eyeing a third consecutive term, may leverage the recent decline in oil prices to address living costs, benefiting from state-run oil marketing companies' increased margins.

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