India moving away from fuel subsidy is widely considered one of the most significant economic reforms, giving the government enough room for expanding its social and subsidy expenditure beyond energy ...

Why is diesel cheaper than petrol? Despite the fact that both diesel and petrol are derivatives of the same crude oil, the prices of both commodities vary in India. This is primarily due to the fact ...

Currently, diesel is retailing at Rs 87.67 a litre in Delhi . In Mumbai, Chennai and Kolkata diesel costs Rs 90.03 , Rs 92.39and Rs 92.02 respectively. India imports about 80% of its oil needs and so ...

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