The government cut excise duty on petrol and diesel by Rs 10 per litre to ease global oil price pressures, while assuring adequate fuel supplies and dismissing shortage fears amid the ongoing Middle East crisis.
Preliminary data from state-owned firms revealed that India's petrol and diesel consumption experienced a decline in the first half of August compared to both the previous month and the same period last year.
New Delhi: Oil marketing companies (OMC) have kept diesel and petrol prices unchanged across major Indian cities on Monday. Accordingly, diesel and petrol prices in Delhi stood at Rs 86.67 per litre and Rs 95.41 per litre, respectively. In the financial capital Mumbai, the rates were also unchanged at Rs 94.14 and Rs 109.98, respectively. Prices […]
