Brace for price rise after fuel hike; inflation may increase 10-25 bps, RBI likely to reassess projections for yr
NEW DELHI: The increase in retail prices of petrol and diesel is expected to drive headline inflation print by 10-25 basis points (bps) in the coming months, with analysts cautioning that cascading impact of higher fuel costs could force RBI to reassess its inflation projections for the year.Several companies, which were holding on to price…