The central government's move to cut excise duty on petrol and diesel will likely ease the retail inflation rate by up to 25 basis points. Meanwhile, the electric scooter fires that made news in recent weeks were caused by defects in their batteries, a DRDO report said. Read more on these in our top headlines.
Fuel duty cuts likely to help ease retail inflation by up to 25 bps
Fuel duty cuts likely to help ease retail inflation by up to 25 bps
The Union government’s move to cut excise duty on petrol and diesel by Rs 8 and Rs 6 a litre, respectively, is likely to ease the retail inflation rate by