Rising fuel costs are a jeopardy for Indian businesses 
(WorldNews Business)

Zuzer Lucknowala is worried about the price of oil. His wedding and events company is feeling the heat from rising fuel costs in India, which has significantly pushed up the amount he has to spend to transport supplies to events he caters for, cutting right through his profit margin. `Fuel price increases have forced us back to the drawing board,` says Mr Lucknowala, who is the chairman and managing director of Party Cruisers in Mumbai. `There´s a jeopardy in accepting and absorbing the cost upsurge.` Mr Lucknowala is not alone in sounding caution: soaring fuel prices are a growing worry for many businesses in India, and pose a risk to growth in Asia´s third-biggest economy. Prices have hit...