x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Terrorist country Pak wants to derail J&K’s development journey: LG Sinha | LG visits Nunwan base camp, interacts with pilgrims, officials, others | RSS to reach every home during centenary year | Op Sindoor led to increase in demand for indigenous defence products: Rajnath Singh | Army, Defence Minister pay tribute to Capt Batra | Azad unofficially disbands DPAP as key leaders desert party! | Pahalgam terror attack: NIA gets custody of 2 accused for 10 more days | Day 5: 23,857 pilgrims pay obeisance, figure crosses 90,000 mark | 3 yatris among 4 injured in Anantnag accident | Court rejects bail of woman involved in terror activities | BSF jawan shoots himself dead | 2 civilians stranded on landslide-hit road rescued | Kashmir: Schools to reopen today | Mission Director HADP inaugurates capacity building programme of FPO’s | Conduct of Medical Patrol for Awam at Songri, Rajouri | Ex-Servicemen Rally, outreach Program conducted | Shri Amar Kshatriya Rajput Sabha holds meeting | Awareness Camp organized under Dharti Aaba Janjatiya Utkarsh Abhiyan | Take Modi government’s 11 years of achievements to every household: Balbir | Empowering Voices of Justice: National Gurjar Advocates Conference held | Two-day Shoulder Rehabilitation workshop organises | DLSA Srinagar organizes awareness programme on drug abuse | Amarnath Yatra a spiritual & religious journey | Invisible Walls | Parched Paradise: Scorching heat dries up Kashmir’s Summer Charm | LG Sinha’s Rallying Call | BNI J&K hosts 4th edition, uniting 300 business leaders from across India, honoring top | One notorious drug peddler nabbed by Jammu Police | Himachal Rains: Rescue Operations On To Trace 30 Missing After Cloudbursts, Landslips In Mandi | Police arrests a drug peddler from Bus Stand | BRO CE calls on Dy CM; discusses road infra in Jammu province | Adityanath pays tributes to Kargil martyr Captain Vikram Batra on death anniversary | Delhi Speaker meets Amit Shah, briefs about ongoing initiatives in Assembly | Youtuber Jyoti Malhotra's Judicial Custody Extended By 14 Days In Espionage Case | ISRO Chief Dr V Narayanan meets CM Yogi, explores dedicated satellite for Uttar Pradesh | 'Approval for Phase IV of the Pradhan Mantri Gram Sadak Yojana will be given as per the state's proposal' - Shri Shivraj Singh | NFR Strengthens Safety Measures for Monsoon Operations | DIG JKS Range Shiv Kumar IPS conduct Security Review | HC dismissed petition with costs Rs 50000 | Elderly man loses Rs 73.72 lakh in gold trading draud after meeting woman on dating app | Luggage packed, will move out of official residence: Ex-CJI DY Chandrachud | Van Mahotsav 2025: Forest Dept to plant 3.5 crore saplings along riverbanks | Shrine Board Judokas to represent India at International Competitions | International recognition of cross-border terrorism validates India's stand: Kavinder Gupta | DC Kulgam takes review of Mission YUVA; assesses implementation, progress | Sheep Husbandry deptt organizes PMFME workshop/awareness programme | ABRSM delegation meets CEO Jammu, highlights teachers' key issues | Macadamization work begins on Tujjar Sharief to Zaingeer road, Baramulla | Over Rs.41 crore allocated under DDC, BDC, PRI & Aspirational Grants in Bandipora | PAC holds meet at Srinagar, discusses Audit Paras of HUDD | J&K Cine Association slams 'Hillywood' label as misleading and politically driven | UP CM orders strict action against those attempting to defile Kanwar Yatra | 5 of family murdered on suspicion of practising witchcraft in Bihar, oppn slams govt | PM Modi at BRICS, a global wake-up call against terrorism: Gaurav Gupta | Shiv Sena distributed poster to Amarnath pilgrims for 'Jammu-Darshan' | SBI hands over Rs 1.10 Crore DSP PAI claim to family of Martyr Rifleman Sunil Kumar | Mission Director HADP inaugurates five-day Capacity Building Programme for FPOs | Beating the heat wave and humidity, IGNOU flying squad teams charge into Exam Centres for on-the-spot monitoring | FVSc and AH, SKUAST-Jammu celebrates World Zoonoses Day- 2025 | Annual congregation of All India Rohmetra Mahajan Biradari on 10th , July | Bovine smuggling attempt foiled, 09 bovines rescued, in Latti | LIC of India introduces new Plans LIC's Nav Jeevan Shree (Plan 912) & LIC's Nav Jeevan Shree Single Premium (Plan 911) | 15-day Youth Development Programme on 'Premier Banker' inaugurates | Mechanical Engineering students of DBU developed "Multi-Utility Power Generating Kit" | 'Kala aur Atmanirbharta' culminates at MCM | Tanvi Sharma eyes junior titles before full-fledged senior switch | JKCCA appoints Dr Rekha Rani Sharma as Advisor | Pinegrove Director elected president BSAI | Aryaveer and Aaryavir: The Kohli, Sehwag connection at this year's DPL | Indian archers eye World Championship preparation at Madrid World Cup | Back Issues  
 
news details
LPG price reduced
7/1/2024 11:19:30 PM
Agencies

New Delhi, July 1: In a move aimed at offering relief to businesses and commercial enterprises, oil marketing companies have announced a reduction in the prices of commercial LPG gas cylinders, effective Monday.
The price of the commercial LPG cylinder of 19 Kg has been slashed by Rs 30. Consequently, the new retail sales price of a 19 Kg commercial LPG cylinder in Delhi is now Rs 1646.
This latest price cut follows a series of reductions over the past few months. On June 1st, the rate of 19 kg commercial LPG cylinders was reduced by Rs 69.50 in Delhi, bringing the retail sales price down to Rs 1676. Prior to that, on May 1, 2024, there was a reduction of Rs 19 per cylinder. These consecutive price decreases indicate a positive trend for businesses struggling with operating costs amid economic challenges.
The frequent adjustments in LPG cylinder prices at the start of each month reflect the dynamic nature of the market. Various factors such as international oil prices, taxation policies, and supply-demand dynamics play a significant role in these pricing decisions.
Although the exact reasons behind the recent price decrease have not been disclosed, it is evident that the oil marketing companies are responsive to the broader economic conditions and markets.
The reduction in LPG prices is particularly significant given the current economic climate. Businesses, especially those in the food and hospitality sectors, heavily rely on commercial LPG cylinders for their operations. The price cuts provide some much-needed financial relief, enabling these businesses to better manage their operating costs and potentially pass on some savings to consumers.
Additionally, the government has been proactive in promoting the use of LPG cylinders for cooking in homes through various schemes such as the Pradhan Mantri Ujjwala Yojana. It provides subsidies to eligible families, encouraging the adoption of cleaner cooking fuels and improving living standards.
As the market continues to evolve, stakeholders will be closely monitoring the factors influencing these price adjustments, including international oil market trends and domestic economic policies.
For now, the reduction in the price of commercial LPG cylinders provides a small but significant respite to many, signaling a step in the right direction for the broader economic landscape.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
  
BSE Sensex
NSE Nifty
 
CRICKET UPDATE
 
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU