Cooking Becomes Expensive, Domestic LPG Cylinder Prices Hiked
Cooking becomes expensive, domestic LPG cylinder prices hiked: LPG Price Hike. On Tuesday, the government gave a double blow to the people.
On the one hand, the prices of petrol and diesel were increased and on the other hand, the domestic LPG cylinder (LPG Cylinder) was made costlier by Rs 50.
According to the news agency, sources informed that the price of domestic LPG has been increased by Rs 50 per cylinder. With this, a 14.2 kg cylinder has now become Rs 949.50 in Delhi.
The new prices have now come into effect as the prices of domestic LPG cylinders have been increased by Rs 50 in Delhi, Mumbai, and other cities from Tuesday.
The price of a 14.2 kg LGP cylinder has gone up to Rs 949.50 in Delhi and Mumbai. At the same time, the LGP cylinder in Kolkata has become Rs 976.
Apart from this, it has become Rs 965.50 in Chennai and Rs 987.50 in Lucknow.
Sources said a 5 kg LPG cylinder will now cost Rs 349 while a 10 kg composite cylinder will cost Rs 669. At the same time, the cost of a 19 kg commercial cylinder is now Rs 2003.50.
It is worth noting that this is the first increase in the prices of domestic LPG cylinders after 6 October 2021.
Cooking becomes expensive: Petrol and diesel prices also increased.
Petrol and diesel prices were hiked by 80 paise per liter on Tuesday, ending the four-and-a-half-month gap of rate revision, sources said. The government had not increased the prices since November last.
The price of petrol in Delhi has now gone up to Rs 96.21 per liter from Rs 95.41 earlier while the price of diesel has increased from Rs 86.67 per liter to Rs 87.47.
Petrol and diesel prices were revised after a gap of 137 days and the prices were increased. In states like Uttar Pradesh and Punjab, the prices were stable since November 4, ahead of the assembly elections.
Are people running away from Cryptocurrency? Outflow continued for the second week
Cryptocurrency investment products and funds saw net outflows for the second week in a row. This was stated in a report by digital asset manager CoinShares on Monday.
This comes amid concerns of possible degradation due to regulation and the Russia-Ukraine conflict.
The week ended March 18 saw a net outflow of $47 million as against $110 million in the previous week. Prior to the last two weeks, digital asset investment products saw inflows for seven consecutive weeks.
