Petrol, diesel price hiked after nearly 2 months as elections conclude. Check rates
India Today
The fresh hike in petrol and diesel rates comes after the results for the high-pitched assembly elections in four states and one union territory were announced on Sunday. Here is all you need to know.
Petrol and diesel rates have been hiked on Tuesday for the first time in nearly two months, even as international crude oil prices continue to dip amid falling demand in Covid-hit countries like India. The fresh fuel price hike comes after the results for the high-pitched assembly elections in four states and one union territory were announced on Sunday. Today’s development also signals the beginning of a fresh round of fuel price hike, as state-run oil marketing companies (OMCs) aim to recover losses incurred by keeping rates artificially lower for almost two months due to assembly elections.More Related News