Business
Fuel Prices Continue Upward Trend: Petrol, Diesel Hiked Again in Major Cities
Petrol and diesel prices rose again, marking the second increase in less than a week across India.
Petrol and diesel prices rose again, marking the second increase in less than a week across India.
Petrol and diesel prices in Delhi hiked by ₹3 per litre, impacting consumers amid global energy price surge.
Global EV sales surge as fuel prices rise, but the US market shows significant hesitation.
Indian Oil firms face major financial strain as they shield consumers from the global energy crisis, incurring huge daily losses.
Government sources indicate a potential rise in petrol and diesel prices due to mounting losses from a four-year retail rate freeze amid soaring global oil costs.
Oil companies absorb global fuel price rises, keeping petrol, diesel, LPG, and domestic ATF steady for consumers.