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LPG price hiked by ₹29 per 14.2-kg cylinder

The increase follows a ₹60-per-cylinder hike on March 7 after the conflict in West Asia disrupted global energy supplies and drove up international fuel prices.

Domestic LPG price raised by Rs 29 per 14.2-kg cylinder, second increase in three months

Domestic LPG price raised by Rs 29 per 14.2-kg cylinder, second increase in three months

Domestic LPG price hiked by Rs 29 per 14.2kg cylinder

LPG price hiked again: Cooking gas rates increased by ₹29, now cost ₹942 in Delhi

The price of an LPG cylinder in Delhi has now been raised to ₹942 from ₹913, PTI news agency cited industry sources as saying.

CITU stages protest against fuel, LPG price hikes

Kalaburagi Deputy Commissioner warns LPG distributors against black-market sale of cylinders

The Deputy Commissioner says distributors must ensure that domestic LPG cylinders are supplied to consumers strictly on a first-booked, first-delivered basis.

LPG supply stable, but oil firms still losing nearly Rs 700 on every cylinder sold

Oil Marketing Companies are still facing significant under-recoveries of nearly Rs 700 per domestic LPG cylinder. Despite government efforts to boost domestic production and secure imports, this financial strain persists. Meanwhile, LPG demand has moderated due to reduced commercial use and improved delivery systems, ensuring stable supplies.

LPG cylinder, AC fault likely cause of Delhi fire

Malviya Nagar Fire Likely Triggered By Short Circuit, Not Cylinder Explosion: Delhi Police

Preliminary findings have ruled out an LPG cylinder explosion in the Malviya Nagar hotel blaze, with investigators focusing on an electrical fault and safety lapses.

LPG consumption declined 19% in May, petrol-diesel increased

Consumption of diesel and petrol in May rose 0.8% and 2.8% respectively from the comparable period last year.

4 injured in house collapse amid LPG blast in Delhi

House collapses in Delhi's Mukundpur after LPG blast; several feared trapped

An LPG cylinder blast caused a single-storey house to collapse in Delhi's Mukundpur area on Tuesday morning. Several residents are feared trapped under the debris. Rescue teams were immediately dispatched to the scene to launch operations following the incident.

India's CPI inflation expected to rise to 4.8%

New Delhi: India's CPI inflation is expected to rise by around 70 bps to 4.8 per cent with crude oil averaging USD 90/bbl in FY27, according to a report by 360 ONE Capital. This projection comes as the ongoing conflict in West Asia and a downgraded domestic monsoon forecast introduce fresh challenges to India's macroeconomic trajectory.The report noted that the conflict in West Asia and the resulting energy supply disruptions warrant a reassessment of key macroeconomic assumptions. "Our revised base case assumes de-escalation by mid-June, with crude oil averaging USD 90/bbl in FY27. Under this scenario, CPI inflation is expected to rise by around 70 bps to 4.8% (from 4.1%), while GDP growth moderates to 6.3% (from 6.7%). The fiscal deficit is projected to widen to 4.6% of GDP (from 4.4%), and the current account deficit to 2.1% of GDP (from 1.3%)," the report stated.Also read: India meets FY26 fiscal deficit goal at 4.4% of GDP despite revenue and global pressuresThe report noted that India's economic momentum remains stable due to domestic consumption and public spending, but geopolitical frictions pose tangible downside risks. Supply routes through the Strait of Hormuz are particularly vital, as India sources nearly 50 per cent of its LPG and around 30 per cent of its natural gas requirements through this route.Even though the "net petroleum import bill has declined from 5.5% of GDP in FY14 to around 3.0% in FY25, the economy remains exposed to a prolonged disruption in energy supplies."On the monetary front, global financial conditions continue to tighten as central banks react to persistent inflationary impulses. While the Reserve Bank of India is expected to keep policy rates unchanged in the upcoming meeting, domestic bond yields face upward pressure from a widening fiscal deficit and higher energy costs.Also read: Manufacturing activity at 3-month high in May despite cost woesThe report mentioned that the impact on macroeconomic variables is likely to be non-linear, implying significantly larger downside risks if the conflict persists. "A further USD 10/bbl increase in crude prices above our base assumption could push inflation to 5.6% (assuming a partial pass-through of around 5% to retail fuel prices), lower GDP growth by an additional 40 bps to 5.9%, widen the current account deficit to 2.5% GDP, and increase the fiscal deficit to 4.8% of GDP," the report added.Compounding these external geopolitical risks, the domestic agricultural outlook faces unexpected pressure. In its Second Long Range Forecast, the IMD downgraded the Southwest Monsoon 2026 forecast to 90 per cent of the Long Period Average (LPA) from 92 per cent estimated in April.This development represents the weakest monsoon outlook since 2015, which raises immediate concerns over overall agricultural output and rural demand.In the global perspective, the IMF has lowered its 2026 global growth forecast by 20 bps, citing risks from the Middle East conflict through higher commodity prices, inflation, and tighter financial conditions.The report stated that under the IMF's reference scenario, "global growth is projected at 3.1% in 2026 and 3.2% in 2027, below both the recent 3.4% pace and the historical average of 3.7%. In adverse scenarios, growth could slow to 2.5% or even 2.0%, accompanied by significantly higher inflation, with emerging markets expected to be disproportionately affected."

LPG cylinder rates on June 2: Here's how much domestic and commercial gas costs in Delhi, Mumbai, Bengaluru today

With the latest revision, the cost of a commercial cylinder in the national capital has risen to ₹3,113.50 from ₹3,071.50.

ATF prices cut for international airlines, commercial LPG prices up by Rs 42

Public sector oil companies have reduced aviation turbine fuel (ATF) prices for international flights by nearly 27%, providing relief to airlines and travelers. However, commercial LPG cylinder prices have seen an increase of Rs 42 due to volatile global energy costs and disrupted supply chains from West Asia.

Watch: Iran suspends talks as Israel widens Lebanon offensive | Above the Fold | 01.06.2026

From West Bengal’s cabinet expansion to while Israel’s military pushes deeper into Lebanon amid ceasefire talks, we look at the major stories of the day. We also look at key changes to UPI and LPG distribution, the hostage crisis in Manipur, the start of SIR enumeration in four States, and actor-turned-politician Vijay’s first major public address.

CPI seeks rollback of fuel, LPG price hikes

Congress's 'inflation man' jab at PM Modi after commerical LPG price hike again

The Congress party has strongly criticized the Centre for increasing commercial LPG cylinder prices by up to Rs 53.50 from June 1, accusing Prime Minister Modi of burdening citizens. The opposition highlighted that commercial LPG prices have cumulatively risen by Rs 1,571.50 since the year began, also noting a Rs 11 hike in 5-kg FTL cylinders.

Commercial LPG prices hiked amid West Asia conflict

Commercial LPG prices have been hiked again amid ongoing global tensions, marking the fourth increase since the West Asia conflict began. While businesses and vulnerable groups feel the impact, domestic LPG prices remain unchanged.

LPG prices today: Check rates across Delhi, Mumbai, Chennai and Kolkata

On Monday, the price of commercial LPG cylinders in Delhi was reportedly increased by ₹42 per 19-kg cylinder.