Economy · India
Nayara Energy Hikes Fuel Prices Amid Rising Oil Costs
Nayara Energy, India's largest private fuel retailer, has increased the prices of petrol by Rs 5 per litre and diesel by Rs 3 per litre, effective immediately. This decision is attributed to rising international crude oil prices and pressure on fuel retailers from higher global energy costs. The company operates across approximately 7,000 pumps. This follows a previous reduction in prices by Nayara for the first time in two years as global tensions subsided.
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- Centre (6): Business Standard, Business Today, Mint, The Financial Express, The Statesman, The Times of India