Economy

Excise on petrol, diesel cut by ₹10/litre to help oil firms; no change in prices for consumers

The move is expected to cost the government ₹7,000 crore; Centre simultaneously hikes export duties on diesel, ATF; Petroleum Minister refutes rumours of an impending lockdown due to the fuel crisis

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Mar 27, 2026 - 21:20
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Excise on petrol, diesel cut by ₹10/litre to help oil firms; no change in prices for consumers
The move is expected to cost the government ₹7,000 crore; Centre simultaneously hikes export duties on diesel, ATF; Petroleum Minister refutes rumours of an impending lockdown due to the fuel crisis
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