Centre cuts excise duty on petrol by Rs.8 and diesel by Rs.6

Petrol price down Rs 9.5/l, diesel Rs 7 after Centre cuts excise duty

Modi urges fuel VAT cut, most Opposition-ruled states say 'no'

Flags higher rates in TS, AP, Maharashtra, WB, TN, Kerala, Jharkhand

The petrol in retail cost stands at Rs 114.81 per litre whereas diesel costs Rs 105.86 per litre today in Mumbai

Petrol and diesel prices differ from state to state depending on the incidence of value-added tax

The revenue in 2020-21 to the union govt from levies on petrol and diesel was Rs 3,89,622 crores, up from Rs 2,39,452 crores in 2019-20

In Maharashtra's capital city Mumbai, the petrol price is at Rs 106.93 per litre and diesel prices are at Rs 97.46 per litre

Congress top leaders are likely to make a strategy to corner the PM Narendra Modi-led government

Says people want to know answers before they cast their vote in polls

Investors remained wary of rising refined product inventories at a time when US bankers said rise in cases was slowing the economic recovery

Petrol sales by state companies fell by 1% to 2.03 million tonnes in July from June, and by about 11.5% from a year earlier