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Business
Petrol and Diesel Prices Rise by Rs 3 per Liter Nationwide
✍️ News On AIR
🗓 04 Aug 2026, 10:14 PM
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India's petrol and diesel prices have increased by Rs 3 per litre across the country, as reported by Akashvani News.
According to a statement released by Akashvani News, the government has decided to hike petrol and diesel prices by Rs 3 per litre across India. The move comes amid rising global oil prices and aims to balance the fiscal burden on consumers.
The price increase will be reflected at all petrol pumps nationwide from the next billing cycle. The decision follows a review of the current subsidy regime and is expected to affect fuel costs for both private and commercial users.
While the hike is uniform across states, the government has announced that the increase will be offset by a reduction in the fuel subsidy for the next fiscal year. Consumers are advised to check updated rates at their local service stations.
The price increase will be reflected at all petrol pumps nationwide from the next billing cycle. The decision follows a review of the current subsidy regime and is expected to affect fuel costs for both private and commercial users.
While the hike is uniform across states, the government has announced that the increase will be offset by a reduction in the fuel subsidy for the next fiscal year. Consumers are advised to check updated rates at their local service stations.