INSUBCONTINENT EXCLUSIVE:
LPG price: Earlier this month, the rates were hiked after three consecutive months of cuts
LPG or
liquefied petroleum gas prices were hiked earlier this month, marking the first increase in prices so far this calendar year
With effect from March 1, subsidised and non-subsidised LPG prices in Delhi were revised to Rs 495.61 per cylinder (14.2 kilograms) and Rs
701.50 per cylinder respectively, according to data from Indian Oil Corporation's website - iocl.com
That marked a hike of Rs 2.08 per cylinder in the price of subsidised LPG and Rs 42.5 per cylinder in case of non-subsidised cooking gas
compared with the previous month's rates, the Indian Oil data showed
In Mumbai, the subsidised and non-subsidised LPG prices were revised to Rs 493.32 per cylinder and Rs 673.50 per cylinder this month, as
against Rs 491.19 per cylinder and Rs 630.00 per cylinder in February respectively, according to the data
Here are 10 things to know about the latest LPG prices:Before the latest hike, the only upwards revision in LPG prices so far
this year, the rates had been revised downwards in past three months.In Delhi, for example, the non-sbusidised prices were reduced by a
reviewed by retailers on a monthly basis, based on international crude oil and rupee-dollar foreign exchange rates.LPG consumers in the
country have to purchase LPG - or cooking gas - at market rates.The government subsidises 12 cylinders of 14.2 kilograms each per
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