The winter session may see less heat for sure thanks to a reduction in fuel prices. For the first time since June 2010, petrol prices have been reduced by around Rs1.80 effective midnight.

A fall in global oil rates has reportedly prompted the move. The rupee's fall from 46 levels to about 49 against the dollar has added to the case for lower pricing. 

But the cut comes just days after fuel prices were hiked by around the same amount.