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IAB Standards Push: IAB’s Project Eidos released its first Campaign Data Standards 1.0 for public comment (open until June 14), aiming to cut ad-data chaos with a shared baseline for campaign and placement-level reporting, starting with Ad Type and Ad Inventory taxonomies. Fuel Shock Fallout: In India, petrol and diesel prices jumped ₹3 per litre nationwide (CNG ₹2/kg), the first hike in nearly four years, as crude stays high and the rupee hits fresh lows; Delhi petrol is ₹97.77 and diesel ₹90.67, while markets slid on inflation fears. Politics vs. Price Pain: Tamil Nadu’s CM called the hike “unacceptable” and demanded a rollback, while BJP framed it as a “limited and calibrated” response to global oil pressure. Supply-Side Moves: OMCs are ramping refinery output to protect pump availability, and some states are trying to soften the blow—Maharashtra cut petrol VAT from 18% to 7% for six months starting May 15. Market Mood: Sensex and Nifty closed lower as crude rose toward $109 and currency weakness weighed sentiment.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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Oil marketing companies have reduced fuel supplies to retail outlets: Rajasthan petrol pump dealers

Oil marketing companies have reduced fuel supplies to retail outlets: Rajasthan petrol pump dealers

Petrol, Diesel Price Hike LIVE Updates: Fuel price hike to have some impact on inflation, say sources

Petrol, Diesel Price Hike LIVE Updates: Fuel price hike to have some impact on inflation, say sources


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