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Currently, petrol is retailing at Rs - a litre in Delhi, and diesel is priced at Rs 87.67. In Mumbai, Chennai and Kolkata petrol costs Rs -, Rs - and Rs - respectively. On the other hand, diesel is ...

India moving away from fuel subsidy is widely considered one of the most significant economic reforms, giving the government enough room for expanding its social and subsidy expenditure beyond energy ...

Fuel prices play a vital role in the country's economic growth, as an increase or decrease in rates has a direct impact on the level of inflation. Earlier, oil prices were revised on a monthly basis.

Farran Powell is the managing editor of investing at Forbes Advisor. She was previously the assistant managing editor of investing at U.S. News & World Report. Her work has appeared in numerous ...