Nayara Energy raises petrol price by Rs 5, diesel by Rs 3 per litre

Nayara Energy, one of India's major fuel marketers, issued a notice that the retail price of petrol will go up by Rs 5 per litre. The same notice states diesel will see a Rs 3 per litre rise. The adjustments are in line with recent changes in global crude prices and domestic taxes, and will be reflected at all Nayara retail outlets across the country. Consumers can expect the new rates to be applied from the date specified in the company's circular. Industry analysts note that such incremental hikes are common as refiners align with market dynamics, and the move may modestly affect overall fuel price indices.