Asia's power crisis: India

High energy prices restrain post-Covid recovery

The path for India's post-pandemic economic recovery has become more arduous as it navigates strong headwinds brought on by a surge in global crude oil rates.

Fuel prices in the country hit an all-time high on Thursday, pushing up inflation rates and adding greater stress to household budgets.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month
  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

A version of this article appeared in the print edition of The Straits Times on October 23, 2021, with the headline 'High energy prices restrain post-Covid recovery'. Subscribe