Commercial LPG jumps ₹42/cylinder as May GST tops ₹1.94 lakh crore, IIP holds 4.9%
Delhi commercial LPG hits ₹3,113.50, squeezing QSR and hotel margins, even as broad-based consumption signals stay firm: GST collections grew 3.2% YoY in May, IIP printed 4.9%, with consumer durables up 4.3% and non-durables 2.8%. India-Oman CEPA adds duty-free runway for textiles and pharma exporters.
Morning roundup: commercial LPG up ₹42/cylinder hitting hotels/restaurants, May GST tops ₹1.94 lakh crore on broad consumption growth, IIP at 4.9% with consumer durables up 4.3%, and India-Oman CEPA opens duty-free access for textiles and pharma.