Tag: fuel inflation India
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LPG price hike pushes 19 kg cylinder rates above ₹2,000 in Delhi
The commercial LPG price has surged significantly following a fresh LPG price hike, intensifying cost pressures on businesses across India. The increase comes amid a sustained global oil surge, which continues to influence domestic fuel pricing trends and raises broader concerns about inflation and economic stability. State-run oil marketing companies have revised the rates of…
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Fuel price hike: Nayara Energy raises petrol diesel prices amid global crude surge
India is witnessing a sharp fuel price hike as Nayara Energy has increased petrol diesel prices by up to ₹5 per litre, marking the first significant revision after a prolonged freeze on retail fuel rates. The move reflects mounting pressure from surging global crude prices, which have been driven higher by escalating geopolitical tensions in…