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Balmalkit Singh

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  • Business

Small, frequent spikes in fuel prices to dent consumption, challenge growth

The recurrent increases in fuel prices over the past 10 days are eating into the margins of transporters, who will be forced to pass on the hikes to their customers. Photograph: PTI Photo This, in......

End of the road likely for 50,000 trucks

Consolidation has begun, due to which some are trying to trim the business and others are seeking an exit. The situation would worsen after August 31. Transporters are on the verge of surrendering......

Freight rates on key routes zoom on diesel price hike

This will have an impact on inflation as everyone in the value chain passes on the costs. After being subdued for several months, freight rates on key trunk routes have gone up by 10-15 per cent......

Crippled road transport hits supply of essentials

The possibility of harassment by cops and fear of the unknown have forced a large number of truck drivers to abandon vehicles at the transport centres and flee home. Mahendra Choudhary, owner of a......

Lockdown effect: 'Truckers lose Rs 1,800 cr daily'

'The government is saying that essential commodities are exempted, but on the ground there is no competent officer from the government who can say which is an essential commodity and which is not.'......

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