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India cuts fuel taxes as prices hit record highs

India cuts fuel taxes as prices hit record highs
BBC 04 NOV-The decision aims to ease price rises and “further spur the overall economic cycle”, the government said. India has cut the taxes paid by consumers on petrol and diesel after the surging cost of crude oil pushed fuel prices to record highs. Global commodity prices have soared this year as economies around the world recover from the pandemic.... Read More