New Delhi, March 28 -- The government on Friday cut excise duty on petrol and diesel by Rs.10 per litre each and imposed levies on diesel and aviation turbine fuel (ATF) exports, in a dual measure aimed at easing the financial strain on state-run oil retailers and ensuring adequate domestic stocks - though consumers will see no reduction in pump prices, with the duty relief instead being used to partially offset the heavy losses oil companies are absorbing to hold retail rates steady. The cut in special additional excise duty on petrol from Rs.13 a litre to Rs.3 and diesel, from Rs.10 per litre to 0, will lead to an estimated revenue loss of Rs.1.70 lakh crore if it lasts the full financial year. Finance minister Nirmala Sitharaman announce...