Petrol and diesel prices increased across India on May 23, with Hyderabad becoming the costliest city for fuel. Petrol crossed ₹112 per litre, while diesel rose above ₹100. Chandigarh remained the cheapest among major cities. Rising global crude prices and state taxes continue to impact domestic fuel rates.
For now, the rupee remains under pressure due to weak stocks and sustained dollar demand, but RBI’s liquidity measures could offer short-term stability. 📉💰
February...