Commercial LPG Cylinder Prices Surge by Nearly ₹1000, Impacting Businesses Nationwide

Commercial LPG Cylinder Prices Surge by Nearly ₹1000, Impacting Businesses Nationwide

New Delhi, India – Effective immediately, the price of a 19 kg commercial Liquefied Petroleum Gas (LPG) cylinder has seen a dramatic increase of ₹993, pushing the cost in the capital city of Delhi to ₹3,071.50. This significant hike, implemented today, exclusively affects commercial users, leaving domestic LPG cylinder rates unchanged. Context of the Price…

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European Central Banks Brace for Stagflation, Eyeing Rate Stability Amid Economic Crosscurrents

European Central Banks Brace for Stagflation, Eyeing Rate Stability Amid Economic Crosscurrents

The European Central Bank (ECB) and the Bank of England (BoE) are widely anticipated to maintain their current interest rates this week, as policymakers across Europe grapple with the complex challenge of persistent inflation alongside slowing economic growth, a scenario commonly referred to as stagflation. Context: The Specter of Stagflation Haunts Europe Stagflation, a portmanteau…

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