Bharat Petroleum & S&P Global — CRISIL Ratings

Bharat Petroleum: Bharat Petroleum>>>, as a state-owned fuel retailer, is implementing the fuel price hikes, passing on rising international oil prices to consumers.

S&P Global — CRISIL Ratings: S&P Global — CRISIL Ratings is a rating agency that published a report warning about rising petrol and diesel prices adding inflationary pressures to the Indian economy.

Bharat Petroleum: Bharat Petroleum, a state-owned fuel retailer, has increased petrol and diesel prices, leading to higher profits but also facing criticism for contributing to inflation.

S&P Global — CRISIL Ratings: S&P Global — CRISIL Ratings>>>, a rating agency, has warned that the rise in petrol and diesel fares is likely to add fresh inflationary pressures to India>>>'s economy, estimating a direct impact of up to 48 basis points on CPI inflation.