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Energy

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.
Govt raises excise duty on petrol by Rs 10, diesel by Rs 13 but pump prices to stay

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