War Bill Is Here: Inside The Massive Commercial LPG Hike And India's Masterplan To Shield Citizens
War Bill Is Here: Inside The Massive Commercial LPG Hike And India's Masterplan To Shield Citizens
Business Today
- Updated May 19, 2026 3:03 PM IST
The global economic storm has hit Indian shores, but the shield is holding. As the West Asia conflict drags the Rupee to an all-time low of 96.35 and shaves nearly 6,000 points off the Sensex, India’s economic resilience is being put to the ultimate test. While global oil prices have spiked by 50% due to the shutdown of the Strait of Hormuz, local petrol rates have risen by only around ₹3. However, commercial LPG has taken a massive hit, soaring to ₹3,071. We decode the center's multi-layered strategy, from PM Modi’s austerity drive to emergency supply checks, ensuring common household kitchens remain protected.
