CYLINDER PRICE HIKE
Textile exporters hit by double whammy as LPG price hike squeezes margins and global buyers demand discounts
With commercial LPG prices on the rise, Indian textile exporters in Tiruppur and Noida are feeling the financial pinch. As they struggle to maintain profitability, global buyers continue to negotiate for cheaper products, complicating efforts to offset the surging expenses.
Petrol, Diesel Prices Today (May 5): Check fuel rates in Delhi, Mumbai, Kolkata, Chennai and other cities after election results
Petrol, Diesel Prices Today: Fuel prices remained unchanged across major Indian cities on Tuesday, May 5, despite a global oil price surge. Government sources indicate a potential hike of up to Rs 5 per litre for petrol and diesel soon, as retailers aim to recover losses. Domestic LPG cylinder prices are also expected to rise.
No government financial support planned for fuel retailers' petrol, diesel, ATF losses
The Indian government has declared its stance not to offer financial assistance to its state-run fuel companies, which are currently in the red due to selling fuels like petrol and diesel at a discount. Despite the pressure of escalating crude oil prices, retail costs for these fuels have stayed steady.
India ramps up raids to curb hoarding as LPG supply steadies amid West Asia tensions
Highlighting enforcement measures to curb hoarding and black marketing, the ministry said, "more than 1900 raids were conducted across the country," while "penalties [were] imposed on 349 LPG distributorships, and 74 LPG distributorships have been suspended."
Commercial LPG hike: Delhi restaurant owners warn of higher menu rates, job losses
Commercial LPG cylinder prices have surged, impacting Delhi's food businesses. Restaurant owners and street vendors warn of higher menu rates and potential job losses. This steep hike, linked to global energy prices, is causing significant financial strain. Many businesses are exploring alternatives like piped natural gas.
Petrol, Diesel price Today (May 1): Fuel prices hiked in Delhi, Mumbai, Kolkata, Chennai? Check latest rates here
Petrol, Diesel price: Fuel prices for petrol and diesel are stable today, May 1, 2026, according to Indian Oil, despite high global energy costs. In Delhi, you have to pay Rs 94.77 per litre for petrol and the rate for diesel is Rs 87.67. However, commercial LPG cylinder prices have surged significantly across major cities.
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OMCs push for increase in LPG, petrol, diesel, ATF prices as losses mount
Oil prices are soaring, pushing the govt to consider raising fuel costs. State-run companies are facing significant losses due to the sharp increase in crude oil. While elections are over, a decision on price hikes remains pending. Consumers have seen stable prices so far, but this situation may not last.
Petrol, Diesel Prices Today (May 2): Check fuel rates in Delhi, Mumbai, Kolkata as govt sources hint at a hike amid West Asia conflict
Petrol, Diesel Prices Today: Fuel prices remain steady today, May 2, 2026, despite global oil market turmoil. While commercial LPG saw a significant jump, petrol and diesel rates are unchanged. But government sources have indicated that the prices of petrol and diesel may go up and the rates will see a hike of Rs 4-5 per litre.
LPG Gas Cylinder Price Today (May 2): Check LPG commercial and domestic rates in Delhi, Mumbai, Kolkata and other cities
LPG Gas Cylinder Price: Domestic LPG cylinder prices remain unchanged, offering relief to 33 crore users. However, commercial 19-kg LPG cylinders have seen a significant Rs 993 price hike, reaching Rs 3,071.50 in Delhi. This increase, the highest single-day hike by OMCs, is attributed to global energy cost rises and disrupted West Asian supply flows.
19-kg commercial LPG cylinder price hiked by Rs 993; Delhi rate now at Rs 3,071.50
The Iran war has led to a blockade of the Strait of Hormuz, the main transit route for Gulf energy supplies. While India has partly offset crude supply disruptions by sourcing oil from countries, including Russia, gas supplies have been curtailed to industrial users and LPG availability to commercial establishments, such as hotels and restaurants, has been reduced.
Rahul Gandhi calls LPG price hike 'electoral bill,' warns of petrol, diesel rise next
Commercial LPG cylinder prices have seen a significant hike. The Congress party has strongly criticized the government's decision. Party leaders stated this increase follows assembly polls. They also warned that petrol and diesel prices might rise next. This price rise impacts small businesses and common citizens. The government is urged to prepare plans to protect people from price shocks.
Job losses to worsen due to commercial LPG price hikes, Industry associations say
Hotels and restaurants are facing a severe blow due to a significant hike in commercial LPG cylinder prices. Industry associations are urging the government to intervene and roll back the price increase. This escalation in operating costs threatens further closures and job losses in the hospitality sector, a key employment generator.
First gas, next fuel: Rahul Gandhi terms Rs 993 commercial LPG hike as 'election bill' in latest jibe at Centre
Commercial LPG prices have surged significantly after the elections. Rahul Gandhi calls this an 'election bill'. A 19-kg cylinder now costs over Rs 3,000 in Delhi. This rise impacts small businesses like dhabas and restaurants. Domestic LPG prices remain unchanged. Global energy volatility and tensions in West Asia are cited as reasons for the hike.
One hike, many shocks: Indians can't ignore the Rs 933 LPG cylinder price increase
Commercial LPG cylinder prices have surged by Rs 933, impacting India's small food businesses. This price hike threatens to increase meal costs and reduce incomes for many. The government has shielded households from domestic LPG price rises. However, the economic strain is now felt through commercial kitchens and small enterprises. This could lead to broader consumption impacts across India.
From Rs 658 to Rs 3,000+: How commercial LPG cylinder prices skyrocketed since 2008
Commercial LPG prices have reached a record high, with a Rs 993 hike per 19-kg cylinder, bringing the total increase in three months to Rs 1,303. This surge is attributed to rising global energy prices amid the West Asia conflict. Domestic LPG prices, however, remain unchanged.
Commercial LPG: Kharge, Siddaramaiah call price rise a shocker to people on Labour Day
Congress leaders Mallikarjun Kharge and Siddaramaiah have strongly criticized Prime Minister Narendra Modi. They highlighted a substantial price hike in commercial LPG cylinders. This increase is expected to impact businesses and households, making everyday food items more expensive. The leaders stated this move places a significant burden on ordinary citizens and workers.
Petrol, diesel price hike in near future not ruled out, say govt sources
Fuel prices may rise soon. Government sources indicate a potential increase in petrol and diesel rates. This comes as oil companies face mounting losses. Retail prices have been frozen for four years. Global crude oil prices have surged significantly. This situation puts pressure on state-owned oil firms. Consumers might see higher fuel costs in the coming days.
LPG Price Today (May 1): Commercial gas cylinder rates hiked by Rs 993, check domestic 14 kg rates in Delhi, Mumbai, Kolkata and other cities
Commercial LPG cylinder prices surged by Rs 993 on May 1, 2026, reaching Rs 3,071.50 in Delhi, driven by the US-Iran-Israel conflict and Strait of Hormuz disruptions. Domestic cylinder prices remain unchanged. The price of 14.2 kg LPG domestic cylinder in Delhi costs Rs 913.
Excise duty on diesel exports cut to Rs 23/ltr, ATF exports to Rs 33/ltr
The govt has announced a reduction in the windfall tax for diesel exports to Rs 23 per litre and for aviation fuel to Rs 33 per litre, starting this Friday. This decision comes after a prior increase intended to protect domestic fuel supplies during global price escalations.
Govt sets export duty on diesel at ₹23/litre, ATF at ₹33; petrol levy stays nil
The government has set export duties on diesel at ₹23 per litre and on aviation turbine fuel (ATF) at ₹33 per litre for the fortnight starting May 1, while keeping petrol exports duty-free.
May 1 LPG Rule Changes Update: Will gas cylinder prices rise again? What consumers should know
May 1 LPG Rule Changes News: Indian LPG consumers face rising fuel prices due to West Asian conflicts, with domestic and commercial cylinder costs already up. New rules from May 1 may further tighten booking and delivery systems. The government is also pushing a shift to piped natural gas, impacting LPG users in areas with PNG access.
India cranks up output to cope with enduring cooking gas crisis
India is grappling with a severe cooking gas shortage. Refineries are increasing output, and new supplies are being sourced globally, including from the US. Consumers are being encouraged to switch to piped gas. The crisis has led to price hikes and impacted businesses. Authorities are taking action against hoarding and price gouging.
Retailers face AC shortage as heatwave boosts demand
Intense heatwaves have driven a sharp rise in air-conditioner sales. This surge, following lower production in March, has created significant supply shortages. Retailers are receiving only half their orders. Higher energy-efficient models are particularly affected. Companies are now increasing production to meet the unexpected demand. Consumers are buying early, anticipating further price increases.
West Asia crisis: Govt considering customs duty cut on critical induction cooktop components
In a bid to enhance accessibility to induction cooktops, the government is contemplating a reduction in import duties on components. Additionally, discussions are underway for lowering the Goods and Services Tax to make these energy-efficient appliances more budget-friendly.
Not just Noida, why workers are protesting across several cities in India
Industrial unrest has erupted in Noida, one of Asia’s largest planned industrial hubs, as workers across thousands of units protest over minimum wage concerns, with violence reported in parts of the electronic city. The agitation comes amid rising global living costs triggered by fuel supply disruptions linked to the US-Israeli war involving Iran.
Workforce living under immense pressure due to govt's failed policies: Congress on Noida protest
Congress leader Rahul Gandhi said what unfolded on the streets was the "final cry" of this nation's workers and said the burden of US tariff wars, global inflation and fractured supply chains has not fallen upon Prime Minister Narendra Modi's "industrialist friends" but squarely upon the daily-wage labourer.
Haryana hikes wages after unrest; auto sector faces cost pressure
Haryana has increased minimum wages by 35 percent for unskilled workers. This decision follows factory protests and work boycotts by labourers facing higher living costs. The move aims to provide relief to workers struggling with rising food prices and disrupted gas supplies. However, it is expected to increase costs for India's auto industry.
Israel, Iran war: Torrent Gas raises CNG price by Rs 2.50/kg; locals flag rising cost burden
Torrent Gas has increased compressed natural gas prices by Rs 2.50 per kg. This rise is causing concern for residents and auto-rickshaw drivers. Fuel costs are generally increasing. Commercial LPG and aviation turbine fuel prices have also seen hikes. Global energy market pressures are driving these changes.
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