Overview
- An official notification sets unchanged rates from January 16 through month-end: petrol at Rs253.17 per litre and high-speed diesel at Rs257.08.
- The move follows the last review that reduced petrol by Rs10.28 per litre and high-speed diesel by Rs8.57.
- Petrol prices directly affect commuting costs for users of small cars, rickshaws, and two-wheelers in lower- and middle-income brackets.
- High-speed diesel is widely used in goods transport and agricultural machinery, making its price a driver of food and vegetable costs.
- Retail fuel prices are set on a fortnightly cycle, and holding rates this period points to near-term policy steadiness.