Nayara Energy cuts petrol by Rs 5 per litre, diesel by Rs 3

Nayara Energy, India's largest private fuel retailer, has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre nationwide.

This marks the first price reduction by any fuel retailer in over two years, driven by easing Middle East tensions and falling international crude oil prices.

While Nayara passed on the benefits, state-run companies kept rates unchanged. ...