Kerala government on Wednesday announced a Rs1/litre diesel and petrol price cut from Friday, scoring a political point against the centre amid record prices. Thursday’s petrol price cut followed Indian Oil’s move of reducing petrol and diesel prices by 1 paisa per litre on Wednesday, a move that was mocked by the opposition. The Kerala government on Wednesday announced a Rs1/litre diesel and petrol price cut from Friday, scoring a political point against the centre amid record prices. Diesel and petrol prices in Delhi on Thursday were Rs69.25 per litre and Rs78.35 per litre respectively at Indian Oil outlets. Petrol prices were deregulated in June 2010 by the Congress-led United Progressive Alliance (UPA) government.

Source: Mint May 31, 2018 02:48 UTC