India cuts commercial LPG cylinder price by over ₹200

The Indian government reduced the price of commercial liquefied petroleum gas cylinders on Saturday, August 1, providing financial relief to restaurants, hotels, and other businesses. The price of a 19-kilogram commercial cylinder was cut by 202 rupees in Delhi, where it now costs 2,728 rupees, and by 209 rupees in Kolkata, bringing the price to 2,872.50 rupees. Officials emphasized that the price reduction applies only to commercial cylinders and that there has been no change in the cost of the 14.2-kilogram domestic cylinders supplied to households.

This marks the second consecutive monthly reduction for commercial LPG. A similar cut was implemented on July 1, when prices were lowered by up to 183.50 rupees in major cities. These reductions partially reverse a series of steep price hikes over preceding months, which were driven by elevated global energy prices and supply concerns linked to the ongoing conflict in West Asia.

The latest price adjustment follows a high-level meeting chaired by Prime Minister Narendra Modi on Thursday, July 30, to review India's preparedness amid the escalating regional tensions. The meeting in Parliament was attended by senior cabinet ministers,...