Significant Hike in Petrol and Diesel Prices, Public Burden Increases

 Karnataka fuel price hike: Rates still lower than neighbouring Andhra  Pradesh, Maharashtra - The Economic Times

Mumbai, India – Petrol and diesel prices have witnessed a substantial hike, with petrol prices rising by Rs 2 per liter and diesel by Rs 1.5 per liter. This increase has led to widespread concern among the public, as it adds to the financial burden already exacerbated by inflation and economic challenges. The hike is attributed to rising crude oil prices in the international market and increased demand. The government is facing pressure to find ways to mitigate the impact on consumers, including potential subsidies or tax adjustments.


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