As a result of fall in the prices of petrol in the international market, the fuel retailers in India have cut the prices of petrol by Rs 2.42 per litre and diesel by Rs 2.25 per litre
Global Oil prices fall to 6 yr low of $45 a barrel
Global oil prices have reached the six-year low of $45 a barrel. The low prices are considered to be good for emerging economies like India however is has negative side too.