Finance minister Arun Jaitley said the union government is effecting a Rs 1.50 cut on excise duty on petrol and diesel. Furthermore, the government has asked oil marketing companies (OMCs) to absorb a deduction of Re 1 per litre on both the petro products.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2xZitEF
