In a move that is set to impact consumers nationwide, the latest estimates suggest that the price of petrol is expected to surge by approximately Rs2.50 to Rs2.80 per liter. Simultaneously, the price of High-Speed Diesel (HSD) is also projected to witness a significant increase of around Rs8 to Rs8.50 per liter, pending the final calculations.
This impending hike in fuel prices is poised to place a greater financial burden on motorists and businesses alike, potentially leading to higher transportation costs and inflationary pressures across various sectors of the economy.
Stay tuned for further updates as we track the developments surrounding this expected rise in fuel prices and its potential ramifications on the daily lives of citizens and the broader economic landscape.