Rising petrol and diesel prices in India broke records

Kathmandu : In neighboring India, petrol and diesel prices have risen to record highs so far. Nepal is dependent on India for petroleum products.

According to the BBC, petrol and diesel prices in India rose to record highs on Sunday. The price of petrol has gone up by 25 paise per liter for the third day in a row. The price of petrol has gone up to Rs 102.29 per liter in the capital Delhi and Rs 108.43 per liter in Mumbai.

The government has claimed that the burden of rising oil prices has not fallen on the people. Indian government officials have said that India’s position in the supply of petroleum products is not like that of the United Kingdom.

At present, the price of oil in the international market has become expensive for the last three years. In some countries, including the UK, inflation and supply imbalances have become major problems.