Fuel price cuts bring smiles to the people

Fuel price cuts in India bring smiles to the people after the government slashed petroleum product prices by up to 11 percent on Wednesday, a second reduction in nearly two months.The price of petrol was lowered by 5 rupees per litre, or 11 percent, from 45.62 rupees in New Delhi, while diesel will be 2 rupees, or 6 percent, cheaper from the current retail price of 32.86 rupees in New Delhi.