RBI Warning of Inflation: The war between Iran and the US, which started in February, is still going on. Due to this war, crude oil prices are continuously increasing globally. Which is also affecting India’s economy and inflation. Meanwhile, RBI has also warned that if this war continues like this, then the day is not far when second round of inflation will come in India.

Prices of petrol and diesel may increase
Reserve Bank of India (RBI) says that the longer the ongoing tension in West Middle East continues, the more pressure will increase on energy prices, trade deficit and rupee. Due to this war, crude oil and petrol and diesel are becoming expensive at the global level. Due to this, the prices of petrol, diesel and gas may increase even more in India.

Also read: SBI issued advisory for customers, told what to do and what not to do during the two-day strike.

impact on inflation
RBI has said that if the West Asia crisis continues like this for a long time, then the second round of inflation may increase, that is, everything from transport to food can become expensive. Not only this, it can also affect the supply chain. Due to the war, sea routes and supply chains are being affected. Due to this, delivery and import-export of goods can become expensive.

stock market and investment
Foreign investors can withdraw money if global tensions increase. This may increase fluctuations in the stock market. India’s average growth between 2021-25 was 8.2%. RBI has also estimated growth of about 6.9% for 2026-27. Currently, inflation in India is under control at around 4% but the danger may increase due to oil crisis. India has foreign exchange reserves equal to about 11 months of imports, so there is no immediate major economic threat.

Also read: RBI’s gift to the Centre, approved dividend of Rs 2.87 lakh crore amid rising crude oil prices.

Commercial LPG Cylinder Price Hike: Even before the presentation of Budget 2026, the government has shocked the common people and businessmen. The government has increased the price of 19 kg commercial LPG cylinder by Rs 50. However, there has been no change in the prices of 14 kg domestic LPG cylinder. Domestic cylinders are still available at the old rate fixed on April 8, 2025.

Commercial cylinder prices increased from Delhi to Chennai

After LPG becoming expensive, the price of 19 kg LPG cylinder in Delhi has now become Rs 1740.50. Its price in Kolkata has increased to Rs 1844.50. In Mumbai it will now be available for Rs 1692.00, which was earlier Rs 1642.50. Its price in Chennai has now become Rs 1899.50. The government has clarified that this increase of Rs 50 has been made on commercial cylinders, which are used in hotels, restaurants, dhabas and other commercial purposes.

City	Rate 1 February 2026 (₹)	Rate 1 January 2026 (₹)	How much did the prices increase (₹)
Delhi	1740.50	1691.50	49
Kolkata	1844.50	1795.00	49.50
Mumbai	1692.00	1642.50	49.50
Chennai	1899.50	1849.50	50

No change in the price of domestic LPG cylinder

There has been no change in the price of 14.2 kg LPG cylinder used in homes. It was last changed on April 8, 2025. At present the prices of 14 kg domestic cylinder in different cities are as follows –

• Delhi: Rs 853
• Kolkata: Rs 879
• Mumbai: Rs 852.50
• Chennai: Rs 868.50
• Lucknow: Rs 890.50
• Ahmedabad: Rs 860
• Hyderabad: Rs 905
• Varanasi: Rs 916.50
• Patna: Rs 951

Prices are reviewed on the first of every month.

Government companies involved in petroleum marketing review the prices of LPG cylinders on the first of every month. Earlier in January, the prices of 19 kg commercial gas cylinders were increased. At the same time, in November and December last year, the prices of these cylinders were reduced by five and ten rupees respectively.