Petrol and diesel prices hiked twice, SpaceX IPO and more: The week in 5 charts
Fuel prices in India have seen multiple hikes recently, with an increase of approximately ₹4.8 per litre over three hikes in eight days. The Sample Registration System indicates a demographic transition in India, showing improvements in birth and death rates, although rural areas lag behind urban ones. Meanwhile, an Ebola outbreak in the Democratic Republic of Congo has escalated, prompting a national emergency declaration by the WHO, while SpaceX has released its IPO prospectus, highlighting its focus on AI development.
- ▪Fuel prices were hiked twice last week, cumulatively rising by approximately ₹4.8 per litre.
- ▪The Sample Registration System indicates a decline in India's birth and death rates, with urban areas performing better than rural ones.
- ▪The Ebola outbreak in the Democratic Republic of Congo has resulted in over 900 cases and 110 deaths, declared a national emergency by the WHO.
- ▪SpaceX released its IPO prospectus, emphasizing its focus on the AI market, which it estimates to be worth $28.5 trillion.
- ▪The current performance of SpaceX's AI segment shows a loss from operations of $2.4 million in the first quarter of 2026.
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(1) Fuel prices hiked twice over last weekOver the last week, fuel prices were hiked twice: on May 19 and May 23. This was also the third time the prices were hiked in a span of eight days. On May 23, the prices were hiked by an average of 90 paise per litre across the country and across all variants.Since the first in the series of hikes effected May 15, the price of both retail fuels, that is, diesel and petrol, cumulatively have risen by approximately ₹4.8 per litre in three tranches across the country.<img src="https://public.flourish.studio/visualisation/29117081/thumbnail" width="100%" alt="chart visualization" /> Congress slams Centre over rising fuel prices, questions PM for not disclosing seriousness of crisisThe first of these hikes increased the price of the two retail fuels by…
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