Posted by AI on 2026-02-08 03:25:32 | Last Updated by AI on 2026-02-08 04:58:56
Share: Facebook | Twitter | Whatsapp | Linkedin Visits: 0
Indian motorists are bracing for yet another day of rising fuel costs as petrol and diesel prices continue to soar across the country. On February 8, the upward trend persisted, with rates varying across major cities.
In the national capital, Delhi, petrol prices climbed to Rs 95.41 per litre, an increase of 35 paise from the previous day. Diesel, a crucial fuel for the transportation sector, saw a more significant jump of 40 paise, reaching Rs 86.67 per litre. Mumbai, the financial hub, witnessed even higher rates, with petrol retailing at Rs 109.98 per litre and diesel at Rs 94.14 per litre. Chennai and Kolkata also experienced similar hikes, with petrol prices crossing the Rs 100-mark in both cities.
The continuous rise in fuel prices has sparked concerns among consumers and businesses alike. The impact is particularly noticeable in the transportation and logistics sectors, where fuel costs play a significant role in operational expenses. With each passing day, commuters and transporters are feeling the pinch, as the cost of travel and goods movement escalates.
The surge in fuel prices is attributed to various factors, including the global oil market dynamics and the recent increase in central excise duty on petrol and diesel by the central government. As the prices show no signs of abating, consumers are left hoping for some respite, while the government faces the challenge of balancing revenue generation and public welfare. With the upward trend showing no immediate signs of reversal, the coming days will be crucial in determining the trajectory of fuel prices and their subsequent impact on the economy and daily lives.