This week’s national average diesel price fell to $3.582, while the national average gasoline price fell to $3.069.

In a video statement, the premier stated that the full financial benefit of this decision would be transferred to the people through reductions in electricity prices.

In Mumbai, Chennai and Kolkata diesel costs Rs 90.03 , Rs 92.61and Rs 91.82 respectively. India imports about 80% of its oil needs and so domestic pump rates are dependent on international prices ...

The benchmark diesel price used for most fuel surcharges declined Monday, but it was the futures market where most of the big ...