Petrol and Diesel Prices Hiked for Third Consecutive Fortnight

The government has announced a price hike for petrol and diesel for the third consecutive fortnight, with petrol now priced at Rs 257.13 per litre and diesel at Rs 267.95 per litre. The increase in petrol price is Rs 1 per litre, while diesel prices have risen by Rs 7 per litre. This move comes as the government continues to grapple with the issue of circular debt in the power sector, with reports suggesting that it is considering converting the debt into public debt to reduce power tariffs. The price hike is the third in a row, with the government citing the need to maintain a stable economy as the reason for the increase. The move is likely to have a significant impact on the daily lives of citizens, particularly those who rely heavily on public transportation. The government has faced criticism in the past for its handling of the energy sector, and this latest move is likely to spark further debate and discussion. The price hike is also likely to have implications for the country's economy, with some analysts warning of a potential impact on inflation and consumer spending.