New Delhi, Nov 1: State-run oil marketing companies have reduced commercial LPG cylinder prices across metros, offering a slight relief to businesses, starting from Saturday.

The move will provide marginal relief to thousands of small and medium-sized businesses.

According to the latest revision announced by state-run oil marketing companies (OMCs), the 19-kg commercial LPG cylinder will now cost Rs 1,590.50 in Delhi, reflecting a Rs 5 cut from the previous rate of Rs 1,595.50.

With the highest drop of Rs 6.50 per cylinder among the metros, the charge in Kolkata will now be Rs 1,694 per cylinder. Chennai will now charge Rs 1,750 (down Rs 4.50), while Mumbai now charges Rs 1,542 (down Rs 5).

For businesses that depend significantly on LPG for their everyday operations, like restaurants, hotels, and catering services, the most recent revision provides a small reprieve following a hike of Rs 15.50 that was put into effect late in September.

However, domestic LPG prices have not changed and are the same in every city.

Earlier in September, OMCs had reduced the price of commercial LPG gas cylinders by Rs 51.50. Following the revision, a 19-kg commercial LPG cylinder in Delhi was available at Rs 1,580.

Earlier, OMCs had reduced the price of a 19 kg commercial LPG gas cylinder by Rs 33.50. Before that, prices had been reduced by Rs 58.50 on July 1.

Earlier in June, oil firms had announced a Rs 24 cut for commercial cylinders, setting the rate at Rs 1,723.50. In April, the price stood at Rs 1,762. February saw a small Rs 7 reduction, but March reversed this slightly with a Rs 6 increase.

Meanwhile, the Centre had announced to provide 2.5 million free LPG connections under the Pradhan Mantri Ujjwala Yojana (PMUY) during the festival season.

Mumbai, Nov 1: Indian equity benchmarks ended their four-week winning streak, closing marginally lower this week amid profit-booking and mixed global cues.

Benchmark indices Nifty and Sensex dipped 0.65 and 0.55 per cent during the week to close at 25,722 and 83,938, respectively.

Market optimism was bolstered during the first three sessions by positive domestic economic data and China’s approval for few Indian companies to import rare earth magnets.

However, sentiment turned cautious after the US Federal Reserve cut its benchmark interest rate by 25 basis points to the 3.75 per cent–4 per cent range.

“India’s industrial output rose 4 per cent YoY in September 2025, supported by strong manufacturing activity. The US Federal Reserve hinted that the 25-bps cut might be the final one in 2025, which dampened hopes of further near-term easing,” said Ajit Mishra- SVP, Research, Religare Broking Ltd.

Further, steady corporate earnings and continued FII inflows through October helped cushion the downside, he added.

Metals, energy and realty stocks were the major contributors to the rally, while auto, pharma and IT stocks experienced profit-taking.

“While PSU banks surged on reports of a potential hike in foreign investment limits, metal counters gleamed on renewed optimism after China’s pledge to rein in steel overcapacity and signs of progress in US-China trade talks,” added Vinod Nair, Head of Research, Geojit Investments Limited.

Analysts said that capital market stocks lost momentum as SEBI’s proposed overhaul of TER structures weighed on sentiment.

Support for the Nifty is currently located close to the 25,600 zone and the 25,400 zone, while resistance is seen around 26,100, analysts said.

In the upcoming holiday-shortened week, investors are looking for cues from the final readings of the HSBC Manufacturing PMI and HSBC Services and Composite PMI data.

Investors are also keen on the India-US trade deal and trends in developed markets, while on the earnings front, several index heavyweights are set to announce their quarterly results.

Mumbai: A 30-year-old technical supervisor died after falling from a height of 25 feet while checking a conveyor belt at Mumbai International Airport on October 30. The deceased was identified as Durgesh Pandey, a resident of Andheri East.

According to the police, Pandey was working as a Technical Supervisor at Prabhat Associates Store, which is owned by his maternal uncle, Sujit Kumar Ojha, at the Mumbai International Airport.

On October 30, at around 4:45 pm, he went to the False Ceiling at Level 2, Arrival Belt No. 14, to check the belt route along with his colleague, Dilipkumar Saran. During the inspection, Pandey accidentally fell from a height of about 25 feet, sustaining a severe head injury and losing consciousness.

Doctors at the International Airport, along with his maternal uncle, immediately transported him to Nanavati Hospital in Vile Parle (West) for treatment, where he was admitted.

However, despite efforts to save him, Dr. Nayyar Rizvi declared him dead during treatment at around 1:15 am. The Sahar Police have registered an accidental death report (ADR) in the matter.