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Petrol Diesel Price Rumours Spark Alarm as Ministry Denies Any Rise Plan

Economy
Published on 24 April 2026
Petrol Diesel Price Rumours Spark Alarm as Ministry Denies Any Rise Plan

Why officials say India avoided hikes for four years

The petroleum ministry has rejected reports claiming petrol and diesel prices will rise by Rs 25–28 per litre. Officials called the story mischievous and misleading, pointing out that India has not seen fuel price hikes for the past four years. They said efforts continue to protect consumers from global volatility, particularly as tensions persist in the Middle East.

  • Petroleum ministry dismisses Rs 25–28 per litre rise reports as misleading
  • Officials stress India has avoided fuel price hikes for four years
  • Government aims to shield consumers from global price swings amid Middle East tensions
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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