Petrol price cut by 70 paise per litre
The price of petrol was today cut by 70 paise a litre, excluding local levies, the second reduction in rates this month as appreciation of the Indian Rupee against the US Dollar made oil imports cheaper
The reduction, effective midnight tonight, excludes local sales tax or VAT and the actual cut will be higher, varying from city to city.The price of petrol in Delhi will be lowered by 85 paise to Rs.71.41 a litre. This follows a 75 paise a litre reduction on April 1, which translated into a cut of 90 paise in Delhi to Rs.72.26.
In Mumbai, petrol will cost Rs.80 a litre from tomorrow as against Rs.80.89 currently.
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