India has increased petrol and diesel prices again, marking the fourth hike in two weeks. On Monday, petrol prices rose by 2.61 rupees per litre and diesel by 2.71 rupees per litre. Consumers began paying the new rates the same day. The latest adjustment follows a previous increase on Saturday, when petrol went up by 87 paise and diesel by 97 paise.
The repeated fuel price hikes come amid ongoing tensions in West Asia, which have raised concerns about rising costs of essential goods in India. In Delhi, the new prices stand at 102.12 rupees per litre for petrol and 95.20 rupees for diesel. Kolkata recorded the highest rates, with petrol priced at 113.51 rupees and diesel at 99.82 rupees per litre.
The continued upward trend in fuel prices has sparked fears of inflationary pressure on daily commodities, though no official response or policy statement was mentioned in the report.