The price of three major petroleum products, including high-speed diesel (HSD), is predicted to increase by Rs 5 to Rs 12 per litre on October 15 for the following two weeks if the government maintains current tax rates, despite the rupee’s 14% appreciation against the dollar.
However, the price of petrol is predicted to decrease by nearly Rs 11 per litre.The ex-depot price of petrol is predicted to decrease by Rs10.75 per litre, or roughly Rs214, based on the current tax rates.
On the other hand, the cost of HSD is anticipated to rise by roughly Rs11.50 per litre, to about Rs247. The cost of kerosene and light diesel oil (LDO) is predicted to increase by Rs4.50 and Rs7.50 per litre, respectively, to around Rs196 and Rs194 per litre.
