• 05
    Oct
    2017

    The impact of excise duty cut on petrol, diesel

    LivemintThe impact of excise duty cut on petrol, dieselLivemintThere will be a mild positive impact on inflation. A reduction in petrol/diesel prices will lower Consumer Price Index-based inflation by ~8-9 basis points in terms of the direct impact, wrote economists from Nomura Financial Advisory and Securities ...

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