Fuel Price Frenzy: The Indian Government's Dance With Inflation The recent petrol and diesel price hikes have sparked anxiety among Indians, who are already struggling with rising inflation.
The latest revision, which has pushed prices up by Rs 2. 61 2. 71 per litre in just 11 days, is part of a series of increases that began in May 2026.
At first glance, the price hike may seem minor, but its cumulative effect is significant. Prices have increased by nearly Rs 7. 5 per litre since May 15, sending shockwaves through the economy.