Explained: Why Center has announced steep excise duty cut on petrol, diesel

NEW DELHI: In a major relief to the common man, the Center on Saturday announced a steep cut in excise duty of fuel which will effectively bring down petrol prices by Rs 9.5 per litre and diesel prices by Rs 7 per liter. The announcement, made by finance minister Nirmala Sitharaman on Twitter, comes in … Read more

In the SUV sweepstakes, a petrol vs diesel face-off

The mid-range sports utility vehicle (SUV) space, the fastest growing segment in the country’s car market, is bracing for a technological face-off. The South Koreans currently dominate this space, with Hyundai Motor — India’s second largest carmaker — and its sister concern Kia Motor, between them, packing in multiple models that run on both diesel … Read more