Demystifying Petrol Prices in India (2017–2026): Taxation, Price Transmission, and State-Level Divergence
Introduction To categorise petrol as being just another commodity, would understate its significance. Long before it became a household expense, it served as an instrument of industrial expansion, military strategy, and statecraft. From the oil shocks of the 1970s to the Gulf Wars and more recently, the disruptions following the Russia–Ukraine and West Asia conflicts, […]
