Today’s special focus,in NTV,9/30pm was very interesting.While discussing about drastic fall in rupee ,a doubt was expressed that Petrol price,touching Rs100/per litre, is not far away.A spike in oil prices is leaving the people ,particularly middle class,and the poor harried.Iam sure it will definitely show negative impact,on the economy, as inflation will flareup, and the RBI will again be forced to hike the lending rates.The result will be industrial recession,compounded or multiplied by deceleration of rupee value further, against the dollar, the reports say.India needs to take up with Saudi Arabia to secure adequate supplies.It should also demand waiver of sanctions,from Trump Admn,(US) , on oil trade with Iran,The zUS calls India its strategic partner, ,but we should know whether it is a rhetoric.It is said that taxes by centre and states account for over 50% of the sales price of oil.They need to find other resources to raise the funds,as letting oil prices, scale up any further will create incendiary situation in India,which may singe the central government, in particular.