Hyderabad, Jan. 29 -- Amid the rise in the global prices of crude oil and the fall of rupee against the dollar, the price of diesel and petrol will fluctuate and continue to rise unless there is a mechanism in place.

The rise in the prices of essential goods is burning the pockets of the consumers who have to spend an extra penny each day as there is a record hike in prices since January 6, 2021.

The highest today comes from Sriganganar, Rajasthan, where the petrol costs Rs 101 per liter, which otherwise costs 98.40.

India imports 84 percent of its domestic fuel demand and that is why the changes in the global prices determine its high and low here.

But when we take note of the domestic taxes and global price, the figures reveal a dif...