Hello friends! hiver's! how are you guys?
source
So friends today's post is about the increasing price of petrol which is increasing day by day in India, today the price of petrol is almost 100 rupees per liter in Indian currency and it is around 1.5 $ in US dollar as. You know that India is a developing country, so the consumption of petrol is also increasing day by day because India does not have its own petrol wells, it imports most of its petrol from other countries, including some countries from which India exports petrol to Russia. Iran and Saudi Arabia due to which transportation charges and refining charges are manifold. grows up
But still there is a long line in all the petrol pumps in India. Petrol in India is the only business that never faces recession. Most of the vehicles in India are petrol and diesel and this is also the reason for the highest consumption of petrol.
Global petrol Prices in Rupee
India would have exported petrol for very little rupees but with transportation charges, refining charges and many other taxes, its price increases by about 7-10%.
Today investing money in the stock of petrol company in India is a profitable and safe option to a large extent and people are also doing it.
Thanks guys hope you will like this post