Commercial LPG cylinder prices cut by Rs 30; check latest prices here
New Delhi: In a bid to provide financial relief to enterprises in the food and hospitality industries, oil marketing companies announced a further reduction in the price of 19 kg commercial liquefied petroleum gas (LPG) cylinders on Monday. Effective immediately, the cost has been decreased by Rs 30, bringing the new price to Rs 1,646 in Delhi.
In Kolkata, the price of 19 kg LPG cylinders is now Rs 1,756, down from Rs 1,787 in June. In Mumbai, the price is Rs 1,598, reduced from Rs 1,629, and in Chennai, the price is Rs 1,809.5, down from Rs 1,840.50.
This latest adjustment continues a trend of price reductions in recent months. On June 1, the price of a 19 kg commercial LPG cylinder was lowered by Rs 69.50 to Rs 1,676. Additionally, on May 1, 2024, a reduction of Rs 19 per cylinder was implemented.
The frequent adjustments in LPG cylinder prices, typically occurring at the start of each month, are influenced by various factors. These include fluctuations in international oil prices, changes in tax policies, and varying supply-demand conditions. Despite the lack of detailed reasons for the current price cut, it is evident that oil marketing companies are responding to broader economic circumstances.
These successive price reductions are crucial for businesses facing increasing operational costs in a challenging economic climate. In particular, the food and hospitality sectors, which rely heavily on commercial LPG cylinders, stand to benefit significantly. The reduced prices help these businesses manage their expenses more efficiently, potentially allowing them to offer more competitive prices to their customers.
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PM Modi arrives in Netherlands on second leg of his five-nation tour
Amsterdam (PTI): Prime Minister Narendra Modi arrived in the Netherlands on Friday on the second leg of his five-nation tour, during which he will hold talks with his Dutch counterpart Rob Jetten to further deepen bilateral cooperation in areas such as trade, technology, defence and renewable energy.
The prime minister arrived in the Netherlands after a brief stopover of around two-and-a-half hours in the UAE, where he held talks with UAE President Mohamed bin Zayed Al Nahyan in Abu Dhabi.
Modi's visit to the European nation from May 15 to 17 is his second trip to the country after his 2017 visit and comes at what officials described as an "important juncture" in India-Netherlands ties.
During the visit, Prime Minister Modi will hold bilateral talks with PM Jetten and will also meet King Willem-Alexander and Queen Maxima.
Modi is also expected to address the Indian community and interact with leading Dutch business leaders during the visit.
MEA officials said the visit carries a “rich and substantive agenda” and is expected to consolidate the strategic dimensions of the partnership that have emerged through sustained engagement between the two countries.
India and the Netherlands have significantly expanded cooperation in recent years beyond traditional sectors such as trade, investment and the priority areas of water, agriculture and health.
The partnership has grown in strategic sectors, including technology, innovation, defence, security, semiconductors, renewable energy, education and the maritime domain, the MEA said.
The Netherlands is one of India’s largest trade destinations in Europe, with bilateral trade valued at USD 27.8 billion in 2024-25. It is also India’s fourth-largest investor, with cumulative foreign direct investment amounting to USD 55.6 billion, officials said.
People-to-people ties remain a key pillar of the bilateral relationship. The Netherlands is home to more than 90,000 non-resident Indians and persons of Indian origin, besides over 200,000 members of the Suriname-Hindustani community. Around 3,500 Indian students are currently enrolled in Dutch universities.
Officials noted that Modi's visit to the Netherlands and three other European nations -- Sweden, Norway, and Italy -- comes against the backdrop of the India-EU Free Trade Agreement finalised earlier this year and the India-EFTA Trade and Economic Partnership Agreement signed in 2025.
