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The government on Wednesday announced a reduction of Rs per litre in the price of petrol and Rs per litre in the price of high-speed diesel (HSD).
Following the revision, petrol will retail at Rs333.01 per litre, while HSD will cost Rs383.86 per litre. The government continues to levy Rs110 per litre in taxes and duties on petrol and Rs96 per litre on diesel.
The Petroleum Division’s notification said the new prices would be applicable for August 6 (Thursday).
The diesel price has come down from a peak of Rs520.35 recorded on April 3. Its price had started rising from Rs281 per litre after the US-Iran war broke out on February 28.
