Before you wonder, this is not a typo. Yes the cab fares in Bombay are going down. The world over the price of oil has resulted in higher petrol prices. Then in terms of that scenario, how do you think the prices are going down ??

Well that is because the cab fares in Bombay were fixed keeping in mind that all cabs had engines running on petrol.

But since the last few years, all cabs have converted to CNG (Compressed Natural Gas) engines.

CNG is cheaper than regular petrol hence the difference in price and hence the lowering of cab fares.

Get the whole scoop here ^[1]