High inflation, costly fuel set to disrupt household budget: Economists Posted on April 11, 2022 by cngpump Household spending on fuel and transport could rise by almost 2.5 percentage points in FY23 because of higher prices, HDFC Bank estimates, which may force spending cuts on other items as home budgets are adjusted. Related posts: IAF unveils new initiative with IOC for refuelling its convoys Saudi Arabia says it is not responsible for high crude oil prices Fuel price hike: Akhilesh Yadav slams BJP over high LPG price, terms it ‘gift of inflation’ Government exploring options to get affordable crude, says finance ministry With 40,000 MT fuel from India, SL looks to reduce power cut from 13 hrs to 2 hrs High crude oil prices, rising inflation to keep Rupee under pressure RBI issues notification to operationalise $500 mn loan to Sri Lanka for petroleum products India may relook inflation, growth projections, says RBI deputy governor Michael Patra Euro zone in trade deficit for third month as energy costs surge Vedanta to invest $1.5 billion across oil, zinc, steel business