U.S. President Donald Trump on Thursday (May 14, 2026) announced that his Chinese counterpart Xi Jinping would be making a reciprocal visit to the White House on September 24. “Thank you again, President Xi, for this beautiful welcome, and tonight, it is my honour to extend an invitation to you
Editorial independence is core to our work. Some links may earn us a commission, without influencing our opinions.This simple travel hack can make sure you stay hydrated during your vacationsA water bottle sling bag keeps hydration close at hand and saves you from carrying a heavy backpack through
CEO spends ₹96 lakh a year for roles that bring ‘zero revenue’, shares whyThe CEO’s post about roles that are important even if they don't generate revenue has resonated with many. Published on: May 15, 2026 8:34 AM IST By Trisha Sengupta Share via Copy link Many founders view hiring
NFR installs automatic weather stations to improve railway safety during monsoonNFR installs automatic weather stations to improve railway safety during monsoon Updated on: May 15, 2026 11:11 AM IST PTI Share via Copy link Guwahati, The Northeast Frontier Railway on Friday said it has started
Apple’s two-year-old partnership with OpenAI has become strained, with the AI startup failing to see the expected benefits from its deal with the iPhone maker and preparing possible legal action, a person familiar with the matter said on Thursday
Iran’s Foreign Minister accused the United Arab Emirates (UAE) of direct involvement in military operations against his country during a BRICS meeting in New Delhi on Thursday (May 14, 2026), Iranian state media reported. The spat comes a day after the UAE denied a statement by
Gita Gopinath calls out lack of female representation at US-China high-level talksGita Gopinath's post about the all-male Xi-Trump meet has gone viral. Published on: May 15, 2026 10:06 AM IST By Trisha Sengupta Share via Copy link Former first Deputy Managing Director of the International Monetary
‘Breach in command chain, we take responsibility’: Govt after NEET paper leakAddressing a press conference, union minister Dharmendra Pradhan vowed strong action against those responsible for the NEET-UG paper leak. Updated on: May 15, 2026 11:13 AM IST By HT News Desk Share via Copy link Days
Petrol, Diesel Prices Hiked
Petrol, Diesel Prices Hiked: From Vegetables To Edible Oil, Things That Could Get Costlier Now
Diesel, in particular, powers India’s transport backbone — trucks, buses, agricultural machinery, generators and logistics networks.
Petrol and diesel prices in India have gone up by Rs 3.08 per litre, pushing petrol in Delhi close to the Rs 98 mark and diesel above Rs 90. The increase, which came into effect immediately on Friday, ends weeks of speculation over whether India would eventually be forced to pass on rising global oil costs to consumers.
But even as the hike has triggered concern among consumers, economists and industry watchers point out that the increase is still far smaller than what many had feared. With the Strait of Hormuz crisis severely disrupting global oil supplies and Brent crude prices remaining volatile, there were widespread predictions that India could see double-digit increases in fuel prices. Instead, the government and oil marketing companies appear to have opted for a calibrated increase aimed at avoiding an immediate inflation shock.
The immediate question now is not just about fuel bills at petrol pumps. The bigger concern is what becomes costlier across the economy when transport fuel prices rise — because diesel and petrol influence nearly every supply chain in the country.
A Rs 3 hike may not look dramatic at first glance, especially after weeks of warnings about a much bigger jump. But fuel prices have a cascading effect.
Diesel, in particular, powers India’s transport backbone — trucks, buses, agricultural machinery, generators and logistics networks. Once diesel prices rise, transport costs begin increasing gradually across sectors. Petrol affects daily commuters more directly, but diesel impacts the prices of goods and services people consume every day.
This is why governments are often cautious about fuel price revisions. A sharp increase can quickly spill into food inflation, higher freight charges and rising service costs.
One of the first sectors likely to feel the impact is food transportation.
Vegetables, fruits, grains and dairy products are moved across states largely by diesel-run trucks. Transporters usually do not immediately revise freight rates after a small fuel increase, but sustained higher diesel prices often force them to pass on costs over time.
That means essentials such as tomatoes, onions, milk, packaged foods and edible oils could gradually become more expensive in local markets over the coming weeks.
The impact may be even sharper for perishables because refrigeration, cold-chain transport and faster delivery systems all depend heavily on fuel.
Airlines too could come under pressure.
Globally, jet fuel prices have surged amid disruptions linked to the Strait of Hormuz crisis and the wider West Asia conflict. Analysts say refined fuel products like aviation turbine fuel, diesel and petrol are now seeing sharper stress than crude oil itself.
In India, airlines may initially try to absorb part of the increase to avoid hurting travel demand, but if global energy prices remain elevated, airfares — especially on busy domestic routes — could start climbing again.
This becomes particularly important during holiday seasons and festival travel periods, when demand is already high.
Consumers may also notice an increase in app-based delivery charges and transport fares.
Food delivery companies, e-commerce platforms and ride-hailing services operate on thin margins where fuel costs play a major role. Even if base fares are not revised immediately, surge pricing, platform fees and delivery charges may gradually increase.
The prices of CNG have also gone up by Rs 2 per kg in Delhi. Auto-rickshaw unions and taxi operators in several cities have historically demanded fare revisions whenever fuel prices remain elevated for a sustained period.
The rural economy is especially sensitive to diesel prices.
Farmers use diesel for tractors, irrigation pumps and transporting produce to mandis. Higher fuel costs can increase cultivation expenses, particularly during sowing and harvesting seasons.
If fuel prices remain high for a prolonged period, the impact can eventually feed into food prices as well.
For now, the Rs 3.08 hike may look manageable compared to worst-case predictions. But its real impact will likely unfold slowly – through transport costs, food prices, logistics bills and everyday services that quietly depend on fuel to keep moving.
Source: News18.com
Related Posts: Petrol, diesel prices on 17 April Petrol, diesel prices increased amid supply concerns Petrol, Diesel Prices Today (March 15) Petrol, Diesel Fresh Prices Announced Petrol, Diesel Prices Today April 24 Petrol, diesel prices today Petrol, Diesel Prices Today (March 14) Petrol, Diesel & Alcohol To Come Under GST Petrol, Diesel Adequately Available In India Petrol, Diesel Price Hike Likely Soon As Govt Weighs Passing Crude Surge
Kylian Mbappe endured a difficult night at the Santiago Bernabeu despite Real Madrid securing a comfortable 2-0 victory over Real Oviedo in LaLiga on Thursday. Returning from a hamstring injury, the French superstar was met with loud boos and whistles from sections of the home crowd when he came on
3 minutes ago
Karuppu Movie Release: After uncertainty surrounding Karuppu release date, the makers of Suriya and Trisha Krishnan starrer have finally confirmed that the film has released in theatres today (May 15), bringing relief and excitement to fans who had been waiting anxiously for updates
3 minutes ago
WBJEE Admit Card 2026 released at wbjeeb.nic.in, download link hereWBJEE Admit Card 2026 has been released. The direct link to download the hall ticket is given here. Updated on: May 15, 2026 11:03 AM IST By HT Education Desk | Edited by Papri Chanda Share via Copy link West Bengal Joint Entrance
2 minutes ago
Career Horoscope May 15, 2026: New opportunities emerge as old workplace burdens begin to fade awayWork may feel heavy today, but it’s a temporary phase. Focus on practical financial stability and avoid fear-based decisions. Published on: May 15
2 minutes ago
Avocado toast has gained a lot of popularity over the past few years. It has become a breakfast staple, available across several cafes and restaurants. This summer season, give it a seasonal twist by adding another fan-favourite – the mango! This mango‑avocado toast is a sunny
2 minutes ago
Editorial independence is core to our work. Some links may earn us a commission, without influencing our opinions.These 10 BB creams with SPFs are summer skincare essentials with 3-in-1 benefitsIts time to give your skin the goodness of BB creams with sun protection
2 minutes ago
CBSE Class 10 Second Board Exams 2026: The second phase of the Central Board of Secondary Education Class 10 board examinations for 2026 will begin today, May 15, with Mathematics Standard and Mathematics Basic papers. According to the board, over 6
3 minutes ago
Medical entrance exam NEET-UG, which was cancelled following allegations of irregularities in the examination process, will be re-conducted on June 21, the National Testing Agency (NTA) announced on Friday (May 15, 2026). The NTA had on Tuesday (May 12
5 minutes ago
President Donald Trump concluded his state visit to China. He met with President Xi Jinping. The visit featured business deals and discussions. President Xi issued a strong warning regarding Taiwan. Trump expressed hope for a stronger relationship. China agreed to purchase Boeing jets
3 hours ago
The U.S. House of Representatives narrowly rejected a resolution to halt the Iran war without congressional approval. The vote was tied, failing to pass. This marks the third such attempt this year, with votes becoming increasingly close. Democrats argue the Constitution requires Congress to
3 hours ago
Canon launches full-frame EOS R6V camera with built-in cooling fan in India: Price and availabilityCanon has launched the EOS R6V camera and RF 20–50mm power zoom lens in India, targeting filmmakers, wedding shooters, and video creators. Updated on: May 14
3 hours ago
A notice issued by the state school education department said that the singing of ‘Vande Mataram’ should be made mandatory during morning assembly prayers prior to the start of classes in all schools with immediate effect. In a major move, the West Bengal government
3 hours ago
Pop star Delta Goodrem has dramatically increased Australia's odds of winning the Eurovision Song Contest, after a stunning performance of her power ballad, Eclipse, at Thursday's semi-final. The singer is now second favourite for the competition, and is rapidly closing in on Finland
3 hours ago
‘Do you have elections in India?’: NRI shuts down American with 17-word replyAn NRI shared that the American man, quite “unironically”, also asked them to enjoy lasagne, assuming the Indians had never heard of the dish. Updated on: May 15, 2026 7:04 AM IST By Trisha Sengupta Share via Copy
3 hours ago
NEET UG 2026 cancelled amid paper leak row, students, parents and educators react stronglyNEET UG 2026 was cancelled amid paper leak row on May 12, 2026. CBI is currently investigating the matter. Students, parents and educators have reacted. Updated on: May 14
3 hours ago
The airline said the move is aimed at maintaining operational stability, controlling costs and avoiding last-minute disruptions for passengers. New Delhi: Amid rising fuel costs, ongoing tensions in West Asia and continued airspace restrictions across several regions
3 hours ago
Britney Spears’ rep reacts to claims singer was walking around a restaurant in LA with a knife: ‘She was simply…’On May 14, it was reported that Britney Spears was sharing a table at a Los Angeles restaurant when she allegedly began "screaming" and "barking." May 15, 2026
3 hours ago
Reigan Heskey smashed home a late winner as Manchester City claimed bragging rights over bitter rivals Manchester United by winning the FA Youth Cup for the fifth time. In a repeat of the two-legged showpiece from 40 years ago, which City also triumphed in
3 hours ago
Summer Special Trains: Ahead of the summer vacation rush, trains heading towards eastern India are witnessing heavy passenger traffic. To ease congestion and improve travel convenience, the Railways has announced several summer special trains for destinations including Dankuni and Howrah in West
3 hours ago
The Wholesale Price Index (WPI)-based inflation rises to 8.3% in April 2026 on an annual basis, compared with 3.88% in March and 2.26% in February. WPI Inflation Data for April 2026: India’s wholesale price inflation accelerated sharply in April 2026
3 hours ago
The Union Public Service Commission (UPSC) is expected to activate e-admit card links this week for the Civil Services Preliminary Examination 2026. With the high-stakes exam scheduled for 24 May, lakhs of aspirants are awaiting access to the official portals—upsc.gov.in and upsconline.nic
3 hours ago
OAKLAND, Calif. — Lawyers for Elon Musk and OpenAI began closing arguments Thursday in the landmark trial whose outcome could shape the future of artificial intelligence. Musk, the world's richest man, was a co-founder of OpenAI, the company that launched in 2015 and went on to create ChatGPT
3 hours ago
Chief Minister-designate V D Satheesan on Thursday announced that the new Congress-led government in Kerala will be sworn in on May 18. The announcement comes days after the alliance registered a decisive victory in the Assembly elections, paving the way for a change in leadership and formation of
3 hours ago
Former Chief Minister Mamata Banerjee appeared at the Calcutta High Court to make submissions regarding post-poll violence. Senior advocate Kalyan Banerjee highlighted widespread hooliganism and targeting of TMC workers. Petitioner Bikash Bhattacharya drew attention to the demolition of Muslim
3 hours ago
Love Horoscope Today for May 15, 2026: Clear communication may begin a relationshipEmotional healing is essential; do not isolate yourself. Surround yourself with supportive people. Softness signifies strength. Published on: May 15, 2026 7:37 AM IST By Kishori Sud Share via Copy link Aries Love
3 hours ago
Prepare for an AI jobs apocalypseIt is not here yet. But governments should lay a safety-net Published on: May 14, 2026 8:52 PM IST The Economist Share via Copy link The launch of ChatGPT in 2022 ignited the artificial-intelligence boom—and elicited a chorus of warnings from AI bosses of an
3 hours ago
Mumbai Indians secured a six-wicket victory over Punjab Kings in their IPL clash. Tilak Varma's unbeaten 75 guided MI to chase down 201 with one ball remaining. Will Jacks also contributed with a quickfire 25. Earlier, Shardul Thakur took four wickets for MI, but Punjab Kings still posted 200 for 8
3 hours ago
