'Gradual Fuel Price Hikes Better Than Sudden Shock': Equity Strategist Harsh Gupta

Equity strategist Harsh Gupta Madhusudan said the government's decision to increase petrol and diesel prices in a staggered manner is the most practical approach amid volatile global crude prices. Speaking to NDTV, he noted that fuel prices may still need to rise by ₹10-15 per litre for oil marketing companies to reach break-even levels.

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