Business

Fuel prices have surged across India, with petrol now exceeding Rs 110 per litre in several states and diesel nearing Rs 100 in many regions. This hike, averaging Rs 3 per litre, follows sustained pressure from elevated global crude oil prices, exacerbated by the West Asia crisis.

Commerce and Industry Minister Piyush Goyal urged India and African nations to align standards, customs, and business practices to boost bilateral trade. He highlighted the combined economic potential of the African Continental Free Trade Area and India’s economy, emphasizing collaboration in integrated value chains and manufacturing, particularly in renewable energy and digitalization.