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The Cabinet on Wednesday approved the National Policy on Biofuels which allows doping of ethanol produced from damaged foodgrains, rotten potatoes, corn and sugar beet with petrol to cut oil imports by Rs 4,000 crore this year alone.

Up for 16th straight day, fuel prices touch new high

Petrol was being sold at Rs 78.43 per litre in Delhi and Rs 86.24 per litre in Mumbai on Tuesday morning.

29 May 2018 11:33 AM IST