PM urged the international oil suppliers to review payment terms at least temporarily considering the weakening of rupee.
At last, the central government decided to curb the fuel prices and announced a cut of ₹2.5 in the fuel prices yesterday.
As per an ET report, the dealers were sold by the state-owned retailer Indian Oil Corporation (IOC) at the rate of ₹39 per litre
As per a government official, neither the Centre nor some States are interested to reduce taxes on fuel in the near future.
Around 20 Opposition parties are supporting the Bharat bandh today.