Petrol prices increased by 30 to 35 paise per litre while diesel prices rose by 34 to 37 paise per litre in India. The second continuous increase that follows the ruthless hike in international oil prices has forced the fuel rates in the country to their highest-ever levels. Petrol and diesel prices vary from state to state, depending on the local taxes. Petrol price has been increased on 24 occasions since September 28. In all, prices have lifted by Rs 7.44 a litre, and diesel rates have been advanced by Rs 8.87 per litre since September 24.

• Vedanta Outlook for the Week (April 29, 2024 – May 03, 2024)
• Tata Steel Outlook for the Week (April 29, 2024 – May 03, 2024)
• PFC Outlook for the Week (April 29, 2024 – May 03, 2024)
• Piramal Enterprises Outlook for the Week (April 29, 2024 – May 03, 2024)
• MANAPPURAM Outlook for the Week (April 29, 2024 – May 03, 2024)

With rising petrol and diesel prices increasing demand for its CNG vehicles, the carmaker Maruti Suzuki India plans to expand its CNG portfolio by offering the fuel option in four more models. The company also plans to launch an electric vehicle (EV) in the market by 2025 and observe the country’s EV ecosystem “to find out the best way of evolution” to offer affordable EVs with hassle-free charging.