Govt raises excise duty on petrol by Rs 10, diesel by Rs 13 but pump prices to stay
Updated : May 05, 2020 11:44 PM IST
The government has upped excise duties on petrol and diesel by Rs 10 and Rs 13 respectively.
But a government official said the price hike will be absorbed against falling crude prices.
Effectively, the retail prices of petrol and diesel at the pump will remain unchanged.