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PERSONAL FINANCE
Oil marketing companies have hiked the price of domestic LPG cylinders by Rs 25 from July 1.
LPG price hike today: In another brunt to the common man, oil marketing companies have hiked the price of domestic LPG cylinders by Rs 25. From today (July 1), a 14.2 kg domestic cylinder will cost Rs 834.50 in Delhi In Mumbai, a domestic cooking cylinder will cost Rs 834.50. In Kolkata, people will have to shell out Rs 835.50 and Rs 850.50 in Chennai.
The price of a commercial cylinder has also been hiked by Rs 84. Notably, LPG prices had gone up by Rs 140 per 14.2-kg cylinder in the last six months.
The increase in the prices of LPG comes at a time when petrol and diesel rates are touching record highs across the country.
LPG prices were first increased by Rs 25 per cylinder on February 4, followed by a Rs 50 per cylinder increase on February 15 and a Rs 25 raise on February 25 and March 1. On April 1, after raising cooking gas prices by Rs 125 per cylinder, state-owned oil firms announced a Rs 10 per cylinder cut in LPG rates on softening international oil prices.