Indian Fuel Retailers Announce Significant Price Cuts
Nayara Energy, India's largest private fuel retailer, has announced significant price reductions for petrol and diesel, cutting petrol by ₹5 per litre and diesel by ₹3. These cuts come amidst broader price adjustments for commercial LPG, jet fuel, and other petroleum products in India.
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Nayara Energy cuts petrol by Rs 5 per litre, diesel by Rs 3
Nayara Energy, India's largest private fuel retailer, has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre nationwide. This marks the first price reduction by any fuel retailer in over two years, driven by easing Middle East tensions and falling international crude oil prices. While Nayara passed on the benefits, state-run companies kept rates unchanged.
By TOI BUSINESS DESK
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