Govt announces Rs 2.5/litre relief on petrol, diesel prices, VAT reduced in UP, Gujarat, Maharashtra

Union Finance Minister Arun Jaitley Thursday addressed a press conference where he discussed a number of issues including the rising fuel prices especially after a last-minute meeting with oil minister Dharmendra Pradhan on Wednesday. "We are writing to the state governments that as the central government is cutting Rs 2.50 on both petrol and diesel, they do the same," says Jaitley.