India has defended its latest fuel tax cut, with Petroleum Minister Hardeep Singh Puri saying the Centre chose to protect consumers from the global energy shock instead of passing the full burden on through higher petrol and diesel prices. The decision comes amid rising international fuel
India has cut special additional excise duties on petrol and diesel as the government moves to cushion fuel markets from the shock caused by the Iran war and the disruption around the Strait of Hormuz. The decision comes as oil and gas supplies remain under pressure and concerns over import costs continue to grow. India […]















