I just heard from a friend that the Indian rupee had dropped by more than 7% in the past few days. I didn’t know that the rupee dropped in the first place, but I did know that the market had actually dropped by more than 7% in the last few months. This news is not really unexpected, but the price drop is. To top it all off, there are rumors that the rupee may drop as high as 10% for Indian citizens.
It’s a good thing that in this hyper-competitive world that the rupee might drop because it might mean that gas prices in India are going to be higher, which means consumers may have to buy a lot more gas to get the same amount of mileage as before.
The rumors aren’t really that crazy. There are plenty of domestic issues too though. The current cost of diesel in India is actually lower than it was a few years ago. The biggest problem is the diesel price has gone up significantly, but there is a very long way to go before it becomes cheaper again.
The other issue is the fact that fuel prices are constantly changing as the Indian government tries to make the fuel cheaper. It’s still cheaper than gasoline, but it’s not cheaper as we used to be. So if the rupee drops on a daily basis, consumers will have to buy more gas to get the same mileage.
The good news is that the current fuel price is lower than it was several years ago. The fuel price is still low compared to other Asian countries. The rupee is still too high, but at least its not as high as it was in India in the early 90s when petrol was cheaper.
In the future, as India gets richer, the rupee should drop. India is already the richest country in the world, but the rupee is still far too high. It’s still too expensive for most Indian middle-class families. It’s hard to imagine the Indian government raising the price of fuel, but it’s probably a good idea for the government to take advantage of the situation. It’s always good to have a little extra.
In India, fuel prices are regulated by the government. The government has the right to set the price that the sellers charge for the fuel, but at the time when the fuel was relatively cheap, the government didn’t have to do much about it. The market in India has a lot of inertia on it because it’s such a big market. So the government is the one who has to regulate it, not the fuel sellers.
The government should not be in control of the fuel market. The government should have the right to set the price of fuel. That means they should be making the fuel sellers pay for the fuel. In India, the fuel sellers charge whatever they want for the fuel, and if the government doesn’t set the price, then the seller will always charge whatever they want, because he has enough money to do so. There is another reason the fuel sellers do this, the government sets the fuel prices.
The fuel sellers in India charge whatever they want for the fuel. The government sets the fuel prices, and the fuel sellers just charge whatever they want. That is not fair, the fuel sellers are not responsible for the government’s decisions.
The fuel sellers in Delhi are more than just fuel sellers. They are also the people who sell petrol to the government for the price they set. The person who sells the fuel in Delhi is also considered a fuel seller and is therefore also responsible for the price of fuel. India is already the largest oil producer in the world, and this is a huge problem. The petrol that is sold in Delhi is used by the government for cooking, heating, transportation, and all other uses.