
The Congress party has slammed the Centre after fuel prices were hiked across the country. The party accused the government of making the public pay for its own failures. Petrol and diesel prices have both gone up by ₹3.04 per litre.
After the hike, a litre of petrol in Kochi now costs ₹108.78, while diesel is at ₹97.67. In Thiruvananthapuram, petrol has touched ₹110.75 per litre. Meanwhile, in Kottayam, petrol is selling for ₹109.28 and diesel for ₹98.14.
The petrol prices reached ₹97.77 per litre in Delhi, around ₹106.68 in Mumbai, and nearly ₹106.21 per litre in Bengaluru, adding more pressure on household and transport expenses across major cities in India.
Also read: CNG Price Hike: Delhi CNG Price Crosses ₹79 While Mumbai Rates Near ₹84 After Fuel Surge
There were already signs that a price hike was coming around May 15. Oil companies had actually demanded an increase of at least ₹5 per litre, but the Centre only gave the green light for a ₹3 hike.
This is the first time in four years that petrol and diesel prices have been increased in the country. The situation got worse after the Middle East war caused crude oil prices to jump from $70 to $126 a barrel.
Along with petrol and diesel, CNG prices have also been increased by ₹2.
Stay updated with the Breaking News Today and Latest News from across India and around the world. Get real-time updates, in-depth analysis, and comprehensive coverage of India News, World News, Indian Defence News, Kerala News, and Karnataka News. From politics to current affairs, follow every major story as it unfolds. Get real-time updates from IMD on major cities weather forecasts, including Rain alerts, Cyclone warnings, and temperature trends. Download the Asianet News Official App from the Android Play Store and iPhone App Store for accurate and timely news updates anytime, anywhere.