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OMCs' production costs have "gone through the roof in the past month", Petroleum Minister Hardeep Singh Puri said last month after the governemnt cut central excise taxes to ease burdens.

India saw its first retail fuel price revision as the West Asia conflict drives international crude to multi-year highs. | India News

The government has kept domestic excise duties unchanged, ensuring no immediate impact on retail fuel prices in India.

Along with petrol and diesel prices, CNG prices were also hiked by Rs 2 per kg in cities including Delhi and Mumbai.

A 42-year-old woman and her son were killed in a road accident at Koodal Pudur here on Friday. Police said Sharmila, a resident of Koodal Pudur area, was working at a petrol station. She was living with her children Pagalbabu, 2, and Deepashri, 14.

The recent Rs 3 increase in petrol and diesel costs has ignited serious backlash from Congress, with party figures like Rahul Gandhi and Mallikarjun Kharge arguing that this move signals impending inflation, tied closely to the Modi administration's policies. They stressed that the repercussions of these fuel price hikes are weighing heavily on ordinary citizens.

Finance Ministry raises petrol export levy, lowers diesel and ATF duties, while keeping domestic excise rates unchanged.

The Finance Ministry, in a notification, said that the road and infrastructure cess will be nil on exports of petrol and diesel.

Centre imposes windfall tax of Rs 3 per litre on petrol exports, cuts levy on diesel and aviation turbine fuel, new rates effective from May 16.

The UAE was the first leg of Modi's tour that will also take him to the Netherlands, Sweden, Norway and Italy. He will co-chair the India-Nordic Summit while in Norway. | India News