In a significant relief for the public, the government has announced a reduction in fuel prices, lowering the price of diesel by Rs. 8.57 per litre and petrol by Rs. 10.28 per litre. The revised prices will come into effect immediately, according to official notification.
The move is expected to ease inflationary pressure and provide much-needed relief to households, transporters, and businesses already burdened by rising living costs. Analysts believe the price cut may also help stabilize transport fares and reduce the cost of essential goods.
Government officials stated that the decision reflects recent trends in international oil prices and aims to pass on the benefit directly to consumers. Citizens have welcomed the announcement, calling it a positive step toward economic relief.
Further adjustments will depend on global market conditions and ongoing economic assessments.
