Higher petrol, diesel prices threaten to rekindle inflation pressures
Rising petrol and diesel prices in India threaten to intensify inflation, impacting transport costs and consumer prices significantly.
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Petrol, diesel prices on May 30: How much does fuel cost in Delhi, Mumbai, Bengaluru, Kolkata and other cities
The latest increase took cumulative hikes since May 15 to nearly ₹7.5 per litre.
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Private OMCs have witnessed a nearly 38% decline in diesel sales, while bulk diesel sales have fallen 39% as consumers increasingly turned to retail outlets.
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