Petrol Price cut by Rs 9.5, Diesel by Rs 7 as govt slashes excise duty

We are reducing the Central excise duty on Petrol by Rs 8 per litre and on Diesel by Rs 6 per litre. This will reduce the price of petrol by Rs 9.5 per litre and of Diesel by Rs 7 per litre, said Union Finance Minister Nirmala Sitharaman on Saturday.

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