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Since 2014, global crude oil prices have dropped and fluctuated dramatically. But Indian consumers haven’t seen any relief. Petrol, diesel, and LPG prices continue to climb, quietly putting pressure on household budgets. The Union government often blames losses of Oil Marketing Companies (OMCs) for the high prices. But in 2023–24, OMCs made record profits of Rs 86,000 crore which is a 25-fold jump from the previous year. They’re making ₹15 on every litre of petrol and ₹12 on diesel. At the same time, the Centre shifts blame to states for not cutting Value added Tax (VAT), while ignoring questions about excise duties and profit margins. Yet there’s no public outrage, no political campaign, and barely any media spotlight on the silent crucial trend. But who is truly fueling this crisis, what's economic impact is entitled to and ultimately, who is paying the ever-increasing price? In this episode of In Public Interest, Shabbir Ahmed looks at this economic burden that has been emerging in everyday lives and the government’s stoic silence over it. Producer - Megha Mukundan Camera - Bidesh Magar Editor- Vignesh Manickam Production intern- Nithesh Kumar M -------------------------------------------------------------------------------------------------------------------------- Welcome to The News Minute, your go-to source for impactful stories from Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, and Telangana. Our videos dive deep into Politics, Society, Education, Health, Law, Policy, Entertainment, Pop Culture, and Lifestyle, bringing you in-depth coverage of the issues that matter most in south India. From immersive storytelling and exclusive interviews to sharp analysis and documentaries, our reporters—deeply rooted in the region—bring you unparalleled access to local stories and insights. Look south, think TNM. Subscribe to The News Minute: https://www.thenewsminute.com/subscri... Support TNM studio fund: https://pages.razorpay.com/tnm-studio Follow and engage with us on social media: Whatsapp: https://whatsapp.com/channel/0029VaAP... Twitter: https://x.com/thenewsminute Instagram: https://www.instagram.com/thenewsminu... Facebook: / thenewsminute #PetrolPriceHike #DieselPriceHike #FuelPriceHike #GasPriceHike #PetrolPrice #DieselPrice #PetrolPriceToday #DieselPrices #PetrolPriceinDelhi #DieselPricesToday #PetrolPrices #PetrolPricesToday #PetrolLPGPriceHike #PetrolPriceHikeinIndia #SideEffectsofHikeinPetrolPrices #RisingPetrolPrices #BJPonPetrol #CongressonPetrol #PetrolPriceHike #TruthBehindPetrolHike #RisingFuelPrices #FuelDieselHikePetrolinIndia #FuelinIndia #PetrolAccidents #PetrolPump #ModionPetrol #PoliticiansonPetrol #ExciseDuty #WhatareOilBonds #HowCrudeOilWorks #whatiscrude #PetrolPriceRise #PetrolPriceHikein IndiaReason #FuelPriceHike #PetrolPriceSurge #EnglishNewsLive #EnglishNewsVideo #Journalist ShabbirAhmed #Dhanyarajendran #BreakingNew #ViralNewsIndia #viralvideo #realnews #englishnewslive #englishnews #modi #bjp #breakingnews #dmk #congress #rahulgandhispeech #rahulgandhi #TMC #mamatabanerjee #Kashmir #India #pmmodi #elections