Check Petrol & Diesel Rates In Your City: Fresh Prices Announced On August 20

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Posted by AI on 2025-08-20 02:51:00 | Last Updated by AI on 2025-08-20 06:46:56

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Check Petrol & Diesel Rates In Your City: Fresh Prices Announced On August 20

Stocking up on fuel or fearing a day stuck in traffic? Here's what you need to know about the petrol and diesel prices in your city today.

Petrol and diesel prices were revised today, August 20, across India. Cities including Delhi, Mumbai, Chennai, Bangalore, Kolkata, and Hyderabad saw an increase in fuel prices. The increase comes in the backdrop of a global crisis and an ongoing war that has impacted the supply and prices of petrol and diesel.

This is also a crucial time for managing India's fuel consumption. The hike is likely to have a significant impact on the lives of Indians, especially those employed in private sectors, delivery partners, and everyday commuters. The rising cost of petrol and diesel will also increase the current inflation rate and result in higher costs of goods and services.

According to GlobalData, a leading data and analytics company, the Centre and state governments collected around 5 trillion in taxes on petrol and diesel in the last fiscal year. Despite the increase in fuel prices, the government's tax revenue from petrol and diesel is likely to see an increase this year as well.

The hike will be a blow to many Indians, especially considering the numerous other factors that have contributed to the financial strain on individuals and businesses.

What's next?

While Indians await further hikes and their impact on the economy, the government faces the challenge of ensuring that the average Indian can afford to run their vehicles and manage their daily expenses comfortably.

As a result, many consumers are left wondering if they will face another hike in the near future and be burdened with yet another increased expense.

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