In what may come as a new year gift for motorists in India, the prices of petrol and diesel could soon be cut down by upto Rs 6. While, there has been no formal confirmation, reports expect an announcement by the government soon.
The global price of crude has been coming down and the government is likely to take advantage of the situation and pass on the benefits to the consumer.
The price of petrol and diesel in New Delhi is Rs 106.03 and Rs 92.76 per litre respectively. Similarly, in Mumbai the price is Rs 111.35 and Rs 97.28 per litre.