Punjab government cuts petrol price by ₹5 per litre, diesel by ₹1

The Punjab government has decided to reduce petrol prices by ₹5 per litre and diesel by ₹1 per litre from midnight. This is after it slashed value added tax (VAT) on fuel selling in the state in the budget. "This move will bring the prices of petroleum products in line with neighbouring states," Punjab Chief Minister Captain Amarinder Singh tweeted.