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The Times of India
The Times of India
Business
Sanjay Dutta | TNN

Fuel prices up 5% in India as against 50% in developed countries: Hardeep Puri

Hardeep Singh Puri India New Delhi

NEW DELHI: Fuel prices have gone up the least in India as compared to Western economies amid flaring global oil prices, petroleum minister Hardeep Singh Puri said on Tuesday, the day state-run fuel retailers raised pump prices for the 13th time in 15 days since they began revising rates after a gap of nearly five months.

“We have raised the price of petrol by Rs 9 (per litre) over 12 or 13 days, whereas the international (oil) price has shot up… Our percentage increase is one-tenth of what it is elsewhere,” Puri said during a discussion on the Russia-Ukraine conflict and evacuation of Indians studying in Ukraine.

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