• Friday, August 19, 2022

Business

Indians Look for Ways to Ease Pain as Fuel Prices Jump

Diesel prices were seen ruling at Rs 73.87 while petrol prices were seen at Rs 82.22, a litre in India’s capital city New Delhi on Thursday (20).(Photo Credit: /AFP/Getty Images).

By: Radhakrishna N S

The steep rise in fuel prices in India has hit hard people, especially from the middle class. Rising country’s crude oil bills, depreciation of the rupee, persisting trade war tensions in the global market, and other factors have been rapidly pushing the fuel prices to move up in the country for the past two to three months. Diesel prices were seen ruling at Rs 73.87 while petrol prices were seen at Rs 82.22, a litre in India’s capital city New Delhi on Thursday (20). Petrol prices in New Delhi have moved up by 15.4 per cent so far this year from…

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