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Fueling the Day: Petrol and Diesel Prices in India Today (April 23, 2025)

Petrol and Diesel Prices in India Today: April 23, 2025

As the sun rises on April 23, 2025, millions of Indians are checking fuel prices, a daily ritual that affects both household budgets and emotional outlooks. Whether it’s a delivery partner refueling before a long day or a parent calculating monthly expenses, fuel rates influence lives far beyond the pump.

Today’s Petrol and Diesel Rates in Major Cities

Here’s a snapshot of fuel prices in key metros today:

CityPetrol (₹/litre)Diesel (₹/litre)
Delhi₹96.72₹89.62
Mumbai₹106.31₹94.27
Kolkata₹106.03₹92.76
Chennai₹102.74₹94.33
Bengaluru₹101.94₹87.89
Hyderabad₹109.66₹97.82

Prices remain steady compared to the previous day, offering temporary relief amid ongoing economic fluctuations.

What’s Driving Today’s Fuel Prices?

Fuel prices in India are primarily governed by international crude oil rates, currency exchange fluctuations, and domestic taxation policies by central and state governments. As of now, Brent crude oil is trading at around $88 per barrel — slightly higher than last week due to ongoing geopolitical tensions and supply constraints in the Middle East.

While the global scenario plays a key role, local taxes often form the largest portion of fuel costs. For instance, in Mumbai and Hyderabad, high state-level VAT contributes significantly to elevated prices.

Government’s Role and Public Expectation

Though fuel prices have not increased drastically today, citizens are still feeling the weight of consistent high rates. Many are calling for a revision in excise duties or a potential cap on VAT by state governments.

There’s also an emotional angle to fuel prices. For daily wage earners, cab drivers, and middle-income families, even a ₹1 increase means adjusting grocery lists or limiting leisure trips. “I now think twice before taking out the bike even on weekends,” says Aarti Sharma, a schoolteacher in Jaipur. “It’s not just fuel. Everything becomes expensive when petrol and diesel rise.”

The Ripple Effect: How Fuel Prices Touch Everyday Lives

Fuel is more than just a number on a signboard — it’s a thread woven into the fabric of every Indian household. When fuel gets expensive:

  • Transport fares rise, affecting daily commuters.

  • Vegetables and essentials cost more, due to higher logistic costs.

  • Inflation spikes, reducing savings and straining monthly budgets.

Even school bus fees, e-commerce delivery charges, and weekend travel plans are influenced by fuel rates.

Hope on the Horizon?

Economists suggest that fuel prices may stabilize in the next few months, especially if crude oil rates ease and the rupee gains strength. Meanwhile, conversations around alternative fuels and electric mobility are gaining ground.

With electric vehicles (EVs) and CNG options growing in popularity, many Indians are rethinking how they commute. “I recently switched to a CNG car, and it’s helped me cut down on fuel costs significantly,” says Rajeev Malhotra, a resident of Noida.

However, large-scale adoption will need better infrastructure, incentives, and public awareness.

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