NEW DELHI: Deloitte Touche Tohmatsu India expects the nation’s biggest fuel retailers to sharply raise pump prices after state elections end next month, adding pressure on the government and the central bank to take steps to contain inflation.
“Because of the state elections, they haven’t increased the retail prices,” Debasish Mishra, partner at Deloitte, said in an interview with Bloomberg TV’s Haslinda Amin and Rishaad Salamat.
