Hindustan Petroleum & India — Bharatiya Janata Party

Hindustan Petroleum: Hindustan Petroleum, a state retailer, is implementing fuel price hikes and is currently losing 5.5 billion rupees daily due to selling fuels below market rates.

India — Bharatiya Janata Party: The ruling India — Bharatiya Janata Party>>> is facing strong criticism from the opposition over the fuel price hikes, which are being framed as a 'loot' of the country and a burden on citizens, potentially impacting its public image and future electoral prospects.

Hindustan Petroleum: Hindustan Petroleum>>>, a state-owned fuel retailer, has increased fuel prices to recoup losses driven by higher crude costs due to geopolitical tensions. Its shares rose after the price hikes.

India — Bharatiya Janata Party: The India — Bharatiya Janata Party>>>-led government is facing accusations from opposition parties of delaying fuel price revisions until after state elections and of 'looting' the public through repeated hikes, which are contributing to inflation.

Hindustan Petroleum: Hindustan Petroleum is one of the Indian state refiners that has stopped buying Russian oil due to narrowing discounts and US threats.