Bad news for your wallet—petrol and diesel are getting pricier in India.! The government just slapped an extra Rs 2 excise duty on every liter, pushing fuel costs higher at a time when global oil prices are dipping.

Details & Context

The cost of filling up your tank is about to jump. India’s government has raised the excise duty on petrol and diesel by Rs 2 per liter, making both fuels more expensive starting now. This hike comes even as crude oil prices drop worldwide, thanks to trade tensions sparked by U.S. policies.

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Before this, fuel prices hadn’t budged nationally for a while. Now, with this Rs 2 bump, drivers in cities like Delhi, Mumbai, Kolkata and Chennai will feel the pinch. Current prices.? In New Delhi, petrol’s at Rs 94.72 per liter. Mumbai’s paying Rs 104.21, Kolkata’s at Rs 103.94 and Chennai’s at Rs 100.75. Diesel follows a similar climb.

Experts warn this could ripple out—transport costs might rise and everyday goods could get costlier too. Inflation’s already a worry and this fuel hike might make it worse.

Quotes

- Expert Opinion

“This Rs 2 hike will hit consumers hard. Transport and goods prices could climb, adding to inflation fears.”

- Government Source

“The excise duty increase is needed to balance funds. Fuel prices won’t drop anytime soon.”

- Driver in Kolkata

“Fuel was already expensive—now Rs 2 more.? How are we supposed to manage.?”

Additional Information

This isn’t just about petrol pumps. The extra Rs 2 excise duty comes when global oil markets are shaky, yet India’s choosing to cash in rather than pass on savings. State-level prices might tweak a bit due to local taxes but don’t expect relief—there’s no sign of a price cut ahead.

For now, Delhi’s petrol sits at Rs 94.72 per liter, while Mumbai’s the priciest at Rs 104.21. Kolkata and Chennai aren’t far behind. Diesel’s climbing too, though exact numbers vary by city. The last big national change was ages ago, so this hike’s hitting fresh.

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Impact Analysis

Your daily life could take a hit. Higher fuel costs mean pricier bus rides, auto fares and even groceries as transport expenses soar. Inflation’s shadow is growing—experts say this could push up living costs across India. Businesses might struggle too, passing extra costs to buyers. Will the government rethink this if people push back.? That’s the big question.

Petrol and diesel just got Rs 2 costlier per liter, and there’s no turning back soon. From city pumps to your grocery bill, this hike’s set to shake things up. Buckle up—India’s fuel price ride isn’t slowing down.!

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