Commercial LPG cylinders hiked by Rs 100; will cost Rs 2,101
.jpg)
The price of a commercial LPG cylinder (19 kilograms) has been hiked by Rs 100 a piece to take it to Rs 2,101 from December 1. This is the highest price at which a commercial LPG cylinder is being sold in the national capital, toppling the previous high of Rs 2,013.50 a piece in January 2014.
Prices have been hiked across the country in a similar proportion. On a per kg-basis, commercial LPG is now being sold at Rs 111 a kg in Delhi.
Sale price of commercial LPG cylinders has been hiked steadily from Rs 1,473.50 (Rs 77.55 per kg) in June 2021. LPG sold during this month was bought at a benchmark price of $489.21 a tonne in the international market. This benchmark has now risen to $841.33 a tonne, driving up prices for India, which imports nearly half its requirement. This is also the highest price ($841.33 a tonne) at which Saudi Aramco is selling LPG to India over the last four years.
Despite the significant price movement, sale price of domestic LPG cylinders has moderated. A 14.2 kg domestic LPG cylinder sold at Rs 809 a piece (Rs 56.97 per kg) in June 2021. The price rose to Rs 884.50 a piece (Rs 62.29 per kg) in September 2021 and has been kept unchanged since then.
The price moderation is a hit on the margins of public sector oil marketing companies (OMCs) as the government is citing a tight fiscal position for not disbursing any LPG subsidy in 2021-22. The Centre continues to subsidise freight for domestic LPG deliveries in far-flung areas.
Other Latest News
.webp)
Congress president Mallikarjun Kharge on Monday said the protest against 'vote chori' and SIR is a fight to protect people's right to vote and a struggle to save democracy, and asserted the INDIA alliance will expose BJP's "conspiracy".
His remarks came as top opposition leaders were stopped from taking out a march to the Election Commission office to protest against the Special Intensive Revision (SIR) exercise in Bihar.
.webp)
Zydus Lifesciences on Monday said it has received approval from the US health regulator to market a drug used to treat angina and high blood pressure.
The company has received final approval from the US Food and Drug Administration (USFDA) for Diltiazem Hydrochloride tablets in strengths of 30 mg, 60 mg, 90 mg, and 120 mg, the drug maker said in a statement.
.webp)
Congress MP Shashi Tharoor said on Monday that the Election Commisisons credibility can be "regained" as long as those "doubts" about the fairness of the elections are removed as the INDIA bloc leaders march to Election Commisison to protest the Special Intensive Revision of electoral rolls and allegations of vote theft.
Tharoor, who joined the march, told ANI, "As long as there are doubts in the minds of people about the fairness of the elections, that is harming the credibility of the Election Commission.
.webp)
Samajwadi Party Member of Parliament (MP) Ramgopal Yadav stated that the Members of Parliament donot need the permission to walk on the streets of Delh as the INDIA bloc MP'started their march from Parliament to Election Commisison to protest against the Special Intensive Revision (SIR) of electoral rolls in poll-bound Bihar and allegations of "voter fraud" in the 2024 Lok Sabha elections.
Yadav told ANI on Monday, "MPs dont need permission to walk on the streets of Delhi... If there is any kind of threat from the MPs coming out on the roads, then the system is useless..."
.webp)
Leader of Opposition in the Lok Sabha Rahul Gandhi was among several senior opposition figures detained on Monday after police stopped a march to the Election Commission (EC) headquarters protesting against the Special Intensive Revision (SIR) of voter rolls in Bihar.
Congress MP Priyanka Gandhi Vadra, Trinamool Congress MPs Mahua Moitra and Derek O’Brien, and others were also among those detained.
.webp)
.webp)
.webp)
.webp)
.webp)
