Petrol prices slashed

After much criticism from the political parties and the common man, the government finally cut the prices of petrol on Tuesday. Coming just ahead of the winter session of the Parliament that begins next week, state-owned oil companies for the first time in nearly three years slashed petrol prices by around 3.2%. Beginning Wednesday, the price of petrol will fall in Delhi by Rs 2.22 a litre and by Rs 2.34 a litre in Mumbai.