A further hike in retail fuel prices may be unavoidable if current global energy disruptions continue, Raj Kumar Dubey, Director HR at Bharat Petroleum Corporation Ltd., said, outlining three options before policymakers as crude markets face sustained volatility.
"Now, there are two or three options open. One is the price hike, or the hike should be visible at the petrol pumps either there, or the petroleum companies take up the losses and make up more and more losses. And the third is the government funds through deficit financing," Dubey said.
