Business
Digital Desk : There have been reports that Starbucks is planning to exit the Indian market. Due to high operating costs and low profitability, the brand is facing losses and it may force them to end its joint venture with Tata.
Guwahati: Non-subsidised liquefied petroleum gas (LPG) prices have been hiked by Rs 25.50 on July 1, 2021. From July , the price of non-subsidised LPG will be Rs 834.50 per cylinder (14.2 kgs) each in Delhi and Mumbai, according to Indian Oil Corporation. The price of LPG cylinder is the highest in Chennai at Rs 850.50.
With the latest price hike, LPG prices have gone up by Rs 140 per 14.2 kg cylinder in the last six months.
The price of a 19 kg commercial cylinder has been increased by ₹ 76.
The hike in the LPG comes at a time when petrol and diesel rates are at record highs across the country. Petrol prices have already crossed the ₹ 100 mark in Mumbai and are inching towards the 3-figure mark in the other metro cities.
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