Govt’s fuel duty cut seen as timely cushion; markets may have passed peak panic: Deven Choksey by ET Markets | March 27, 2026 12:06 pm | Indian Stocks, Market, News India’s fuel excise duty cut is a timely move to curb inflation and bolster consumer demand amid global turmoil. Experts believe this proactive step, similar to COVID-19 responses, offers a cushion for consumers and oil companies.