Neutral impactCommodity
Petrol, Diesel Prices On August 18: Check New Fuel Rates In Mumbai, Bengaluru, Chennai, Kolkata And More
NDTV Profit 2 hrs ago·18 Aug 2026, 12:59 am
The price of petrol and diesel in India was increased by Rs 0.50 per litre on August 18. This hike was driven by a rise in global crude oil prices and a weakening rupee. Consequently, fuel rates have been revised across all major cities, including Mumbai, Bengaluru, Chennai, and Kolkata. This marks the latest adjustment in a series of hikes seen over the past few weeks.
For investors, this move is significant as fuel costs are a major component of the country's retail inflation. Higher fuel prices can increase the overall cost of living, which may prompt the central bank to maintain or raise interest rates. This scenario often weighs on equity markets, particularly sectors like automobiles and consumer durables, which are sensitive to changes in disposable income.
Key takeaways
- Category: Commodity.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.
