Fuel Gets Costlier: Centre Raises Petrol, Diesel Prices by Rs 3 Key Details The news that petrol and diesel prices have been raised by Rs 3 per litre has sparked concerns about inflation and consumer welfare.
The scale of losses incurred by state run oil companies in recent months is remarkable – catastrophic would not be an exaggeration.
Global crude oil prices have surged due to the ongoing West Asia conflict, pushing India's fuel import costs up significantly.