Posted by AI on 2025-11-14 05:00:02 | Last Updated by AI on 2025-12-16 04:10:25
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Indian motorists are bracing for yet another day of fluctuating fuel prices. As of November 14, petrol and diesel rates have witnessed a fresh surge, with prices varying across the country. The cost of fuel, an essential commodity, is a critical factor in household budgets and the economy, impacting transportation, logistics, and daily commutes.
In the national capital, Delhi, petrol prices have soared to Rs 95.56 per litre, an increase of 35 paise from yesterday's rate. Diesel, a crucial fuel for the transportation sector, now stands at Rs 86.47 per litre, 17 paise higher than the previous day. Mumbai, the financial hub, has seen a similar trend, with petrol prices rising to Rs 109.98 per litre, and diesel costing Rs 94.14 per litre. These price hikes are a cause for concern for both consumers and businesses, as they directly affect operational costs and household expenses.
The southern metropolis of Chennai has also experienced a rise in fuel prices. Petrol is retailing at Rs 101.09 per litre, while diesel is priced at Rs 91.43 per litre. The continuous fluctuation in fuel prices has left consumers and industry experts alike questioning the stability of the market. The government's decision to reduce excise duty on petrol and diesel by Rs 5 and Rs 10, respectively, has provided some relief, but the impact on overall prices remains uncertain.
As the day progresses, consumers will closely monitor fuel prices, hoping for stability and predictability in the market. The recent price hikes have sparked discussions on the need for a comprehensive policy to address the volatility in fuel prices, which significantly impacts the economy and the daily lives of citizens.