New Delhi, Nov 30 (ANI): Petrol and Diesel prices are to be cut by 91 paise and 84 paise a litre respectively effective from Sunday midnight. Indian Oil Corp announced the reduction in the oil rates on Sunday. In Delhi, petrol price will cost Rs 63.33 a litre as compared to Rs 64.24 per litre previously while in Mumbai the reduction will be 96 paise to Rs 70.95 per litre. Diesel will cost Rs 52.51 a litre in Delhi from Monday as against Rs 53.35 currently while in Mumbai the price will be cut by 93 paise to Rs 60.11 per litre. Rates differ from state to state due to differential local sales tax or VAT rates. This is the seventh consecutive reduction in petrol prices since August and third in diesel rates since October. Meanwhile, the consumers credited the cut in prices to the Narendra Modi government.
