On the eve of Diwali, Government of India announces excise duty reduction on petrol and diesel. Excise duty on Petrol and Diesel to be reduced by Rs 5 and Rs 10 respectively from tomorrow.
The petrol and diesel prices in the national capital today are Rs 110.04 and Rs 98.42 per litre respectively.
The price of petrol in Mumbai is Rs 115.85 and the diesel is Rs 106.62 per liter. Petrol in Kolkata costs Rs 110.49 while diesel costs Rs 101.56 a litre. At the same time, in Chennai, petrol is Rs 106.66 a liter and diesel is Rs 102.59 a liter, according to Indian Oil Corporation.
Earlier, oil companies had increased the prices of petrol and diesel throughout the week. While diesel prices remained stable on Tuesday, petrol prices increased by 31 to 35 paise.