Fourth hike in diesel, petrol prices in India in a week
India saw another hike in fuel prices on Saturday – the fourth this week – as the government faces criticism from the opposition over inflation, among other issues. Finance minister Nirmala Sitharaman, however, on Friday had linked the surge in diesel and petrol prices to the Ukraine war, which has now completed a month.
On Saturday, the prices of petrol and diesel increased by 80 paise a litre, news agency PTI reported. Delhi will now be selling petrol at ₹98.61 per litre and diesel at ₹89.87 per litre. In India’s financial capital Mumbai, petrol prices have risen to ₹113.35 per litre, whereas diesel will now cost ₹97.55 per litre. On Tuesday, fuel prices were hiked for the first time in four months. The country also registered a surge on Friday.
Amid criticism, Sitharaman said on Friday that fuel prices are surging because of supply chain disruptions due to the Russia-Ukraine war.
