Fuel price hike: Petrol crosses ₹103 in Raipur, diesel sees sharp rise
A sharp increase in fuel prices has started reflecting in Chhattisgarh. Petrol prices in Raipur have now crossed the ₹103 per litre mark.
A sharp increase in fuel prices has started reflecting in Chhattisgarh. Petrol prices in Raipur have now crossed the ₹103 per litre mark.
The common man in Uttar Pradesh, already grappling with inflation, cooking gas shortages, and increased milk prices, received yet another blow as petrol, diesel, and CNG prices in the state increased starting Friday morning.
India’s state-run oil companies have raised petrol and diesel prices by ₹3 per litre nationwide, pushing fuel costs higher across major cities amid rising crude oil pressures.
The Government has said that citizens are encouraged to use alternate fuels such as PNG and electric or induction cooktops.
In the light of the ongoing developments in West Asia, the Union government on Wednesday said India is maintaining sufficient stocks of petrol and diesel, adding that all refineries are operating at high capacity, with adequate crude inventories in place.
The burden of exorbitant fuel price on the economy and the people will not go down, the CPI (M) said.
Calling the reduction a "knee jerk reaction" to the losses in by-poll elections, Imran said the measure won't provide much relief to consumers,
The VAR reduction will be implemented from midnight hours of 5 November to provide further relief to consumers who were bearing the brunt of continuous price hikes on petroleum products.
Petrol and diesel prices increased again on Wednesday after a two-day break as global oil prices failed to relent and continued to remain firm.
With no change in the prices, the pump price of petrol in Delhi stood at Rs 107.59 a litre, while diesel rates also remained at Sunday's level of Rs 96.32 a litre, according to a price notification of state-owned fuel retailers.
