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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Rising petrol and diesel prices in India threaten to intensify inflation, impacting transport costs and consumer prices significantly.
The latest increase took cumulative hikes since May 15 to nearly ₹7.5 per litre.
Petrol prices in India vary sharply across states and Union Territories due to local taxes and VAT. While cities such as Mumbai and Bengaluru have rates above ...