US EditionLPG Price Hike: 19-Kg Commercial Gas Cylinder Rate Hiked by ₹993; Check New Rates in Bengaluru, Mumbai, Delhi
Commercial LPG costs have risen by Rs 1,303 in three months, with restaurants and hotels facing higher operating expenses, industry stakeholders said.
- On Friday, state-owned Indian Oil Corporation hiked the price of 19 kg commercial LPG cylinders by Rs 993, pushing costs in New Delhi to Rs 3071.50 per cylinder.
- Global energy market volatility from the ongoing US-Iran war in the Middle East prompted the government to increase commercial LPG prices as operational costs rose for oil marketing companies.
- Similar price spikes occurred across Mumbai, Kolkata, and Chennai, where rates exceeded Rs 3000, with Chennai reaching around Rs 3237 and total increases hitting Rs 1,303 over three months.
- While the hike impacts the food and hospitality sectors, domestic LPG cylinder prices remain unchanged for now, providing temporary relief to household consumers.
- The Union Finance Ministry confirmed no change in domestic petrol and diesel excise duty rates, while the government cut export duties on diesel to Rs 23 per litre and ATF to Rs 33 each litre.
41 Articles
41 Articles
‘Modi govt’s gift on Labour day…’: Opposition corners centre over commercial LPG cylinder price hike
A political showdown has erupted after the Centre hiked commercial LPG cylinder prices by a steep ₹993. Opposition parties have hit out at the Bharatiya Janata Party-led government, calling the move a “gift” to citizens on Labour Day. Leaders across opposition ranks have accused the government of burdening small businesses, hotels, and common consumers amid rising inflation and global energy disruptions. The sharp price hike marks the third cons…
Commercial LPG Price Shock: 19kg Cylinder Up by ₹993, Rates Cross ₹3000 in Major Cities
In a significant price revision, the cost of 19 kg commercial LPG cylinders has been sharply increased by ₹993, impacting businesses and consumers across major cities. Following the hike, prices in New Delhi have surged from ₹2078.50 to ₹3071.50 per cylinder, marking one of the steepest increases in recent times. Similar spikes have been recorded in Mumbai, Kolkata, and Chennai, where rates have crossed ₹3000, with Chennai witnessing the highest…
Commercial LPG cylinder price hiked
New Delhi: The price of commercial LPG was hiked by the steepest ever Rs 993 per 19-kg cylinder on Friday, May 1, marking the third straight monthly increase due to rising global energy prices linked to the West Asia conflict. A 19-kg commercial LPG – used by establishments such as hotels and restaurtants – now costs a record Rs 3,071.5 in Delhi as against Rs 2,078.50 previously. Rates were last increased by 195.50 per cylinder on April 1. Prior…
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