Now Reading: Commercial LPG cylinder hiked Rs 62.50, domestic rates unchanged
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Commercial LPG cylinder hiked Rs 62.50, domestic rates unchanged
Oil marketing companies raised the price of a 19-kg commercial LPG cylinder by Rs 62.50 on Thursday, 1 October, the first day of the festive season. The hike takes the Delhi rate to Rs 2,810 per cylinder.
The increase hits hotels, restaurants, dhabas and catering businesses directly, raising their operating costs. In Patna, the commercial cylinder now costs Rs 3,100.50, the highest among major cities. In September, the same cylinder had been raised by Rs 9.50 in Delhi.
Domestic LPG cylinders (14.2 kg) were left unchanged. They continue to cost Rs 942 in Delhi, Rs 941.50 in Mumbai, Rs 957.50 in Chennai and Rs 968 in Kolkata. Oil companies revise LPG prices on the first of every month.
Indian Opinion Analysis
The price hike on commercial cylinders, timed to the start of the festive season, puts direct pressure on the food and hospitality sector. Hotels and restaurants that had already absorbed the September increase face a sharper cost hit this month. The unchanged domestic cylinder price shields households from the same shock, which may limit political fallout. Oil marketing companies will announce next month's rates on 1 November.
Source: aajtak.in
This brief was synthesised by AI from the source linked above. Methodology and corrections.
