Prices of petrol and diesel fell on Sunday after they had remained unchanged for nearly six weeks. The reduction comes a day after finance minister Nirmala Sitharaman announced that the excise duty on petrol and diesel has been slashed by ₹8 per litre and ₹6 per litre respectively.
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With the slash in excise duty, the price of petrol in the national capital Delhi reduced by ₹8.65 per litre and diesel by ₹7 per litre. From Sunday, a litre of petrol in Delhi will cost ₹96.76 compared to the previous price of ₹105.41.
A litre of diesel, on the other hand, will be sold at ₹89.66 compared to ₹96.67 previously.
Here are the fresh prices of petrol and diesel in some major cities of the country:
| City | Price of petrol (per litre) | Price of diesel (per litre) |
| Mumbai | ₹111.33 | ₹97.26 |
| Kolkata | ₹106.01 | ₹92.74 |
| Chennai | ₹102.62 | ₹94.22 |
| Bengaluru | ₹101.92 | ₹87.87 |
| Gurugram | ₹97.17 | ₹90.03 |
In Odisha, the All India Petroleum Dealers Association in Bhubaneswar said that with the slash in excise duty and the state government reducing taxes, a litre of petrol and diesel in the state will cost ₹102.25 and ₹94.86 respectively, news agency PTI reported.
Rajasthan and Kerala also announced tax cuts on petrol and diesel following the reduction of excise duty by the Centre.
{{/usCountry}}Rajasthan and Kerala also announced tax cuts on petrol and diesel following the reduction of excise duty by the Centre.
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On Saturday, the Ashok Gehlot government in Rajasthan reduced the Value-added tax (VAT) on petrol by ₹2.48 per litre and diesel by ₹1.16 per litre. Chief minister Gehlot tweeted, “Due to the reduction in the prices of petrol and diesel by the central government, the state government will reduce VAT by ₹2.48 per litre on petrol and ₹1.16 per litre on diesel. With this, petrol will be cheaper by ₹10.48 and diesel by ₹7.16 per litre in the state.”
Meanwhile in Kerala, the state government announced a tax cut on petrol and diesel ₹2.41 and ₹1.36 respectively.