India, March 28 -- No change was recorded in the petrol prices across major cities in India on Saturday. In New Delhi, petrol price stood at Rs.94.77, while in Maharashtra's Mumbai, it was Rs.103.54. Diesel prices also recorded a similar trend with no major fluctuation.

This comes a day after the central government announced a cut in the special additional excise duties on diesel and petrol to Rs.3 per litre and zero, respectively.

Among major cities, the highest petrol price was recorded in Hyderabad, at Rs. 107.46, the same as yesterday.

Diesel prices across major cities remained largely unchanged, with the highest recorded in Hyderabad at Rs.95.70. The diesel price in Delhi stood at 87.67.

Explaining the rationale behind the cut in...