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Fuel prices rise in India to over 100 rupees a litre following recent hike

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Petrol and diesel prices in India rose above 100 rupees per litre on Friday (February 19) as the country has urged global oil producers to ease production cuts.

Finance Minister Nirmala Sitharaman announced the imposition of Agriculture Infrastructure and Development Cess (AIDC) of INR 2.5 per litre on petrol and INR 4 per litre on diesel.

The price of liquefied petroleum gas cylinder (14.2 kg domestic cylinder) has also increased by Rupees 50 per unit across the country on February 14, taking the cost of LPG gas to Rupees 769 per cylinder.

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