The Narendra Modi government has slashed the excise duty on petrol by Rs 8 per litre and diesel by Rs 6 per litre in a desperate bid to quell the rising public anger at the surging inflation that has torched kitchen budgets this year.
Fuel rates in major cities after excise, VAT cuts
Petrol in the national capital now costs Rs 96.72 a litre as against Rs 105.41 previously. Diesel is currently priced at Rs 89.62 per litre as opposed to Rs 96.67 earlier, a price notification from state-owned fuel retailers showed.
