India Increases Petrol and Diesel Prices by ₹3 per Litre
Centre Hikes Petrol, Diesel Price By Rs 3: Know Fuel Price In Your City
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The Indian government has raised petrol and diesel prices by ₹3 per litre, effective May 15, 2024. This marks the end of a four-year freeze on price revisions. Petrol will now cost ₹97.77 in Delhi, while diesel will be priced at ₹90.67.
- 01Petrol and diesel prices increased by ₹3 per litre.
- 02This change ends a four-year freeze on fuel price revisions.
- 03Petrol in Delhi now costs ₹97.77 per litre.
- 04Diesel in Delhi is priced at ₹90.67 per litre.
- 05Prices vary across major cities like Mumbai and Kolkata.
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Effective May 15, 2024, the Indian government has increased petrol and diesel prices by ₹3 per litre, ending a four-year freeze on price adjustments that began in April 2022. In the national capital, Delhi, petrol will now cost ₹97.77 per litre, while diesel will be priced at ₹90.67. Other major cities will see similar increases: Kolkata's petrol will be ₹108.74, Mumbai's at ₹106.68, and Chennai's at ₹103.67. Diesel prices will also rise, with Kolkata at ₹95.13, Mumbai at ₹93.14, and Chennai at ₹95.25. This is the first significant price change since a minor reduction in March 2024, just ahead of the Lok Sabha elections.
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The price hike will increase transportation costs, potentially leading to higher prices for goods and services across the economy.
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