India hikes petrol and diesel prices by about 3 rupees/litre, retailers say
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India has increased petrol and diesel prices by approximately 3 rupees ($0.03) per litre for the first time in four years, as reported by retailers in Delhi. This move aims to recover losses from rising global oil prices. A litre of diesel will now cost 90.67 rupees and petrol 97.77 rupees. Major state-run companies control over 90% of the fuel stations and typically adjust prices together.
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