LPG Gas Price 2026: Commercial cylinders become expensive, these 4 big changes will happen including online gaming…

Business Desk – LPG Gas Price 2026: From today May 1, commercial gas cylinders have become costlier by Rs 994. Now a cylinder is available in Delhi for Rs 3,071.50. Apart from this, ‘Online Gaming Rules 2026’ have also come into effect from today.

4 big changes happening in May

Commercial cylinders become costlier by ₹994

shift: Oil companies have increased the prices of commercial gas cylinders by up to Rs 994. Its price in Delhi has increased to Rs 3,071.50. Earlier it was available for Rs 2,078.50.

Bearing: The increase in the prices of commercial cylinders will increase the expenses of restaurant owners. As a result, they may increase the prices of tea, breakfast and thali (food plate). Catering services for weddings and events can also be expensive.

New rules of online gaming come into effect from today

shift: ‘Online Gaming Rules 2026’ have come into effect across the country from today. Under these rules, ‘Online Gaming Authority of India’ (OGAI) will be constituted. This organization will be responsible for regulating online games, dividing them into different categories and monitoring their functioning. Under this framework, sports are divided into three categories. Online money games, online social games and e-sports. Money games will be banned, while registration will be required for other gaming platforms.

Foreign gaming companies will no longer be able to escape Indian laws. If a company provides its services within India. No matter where its headquarters is, it will have to strictly follow Indian rules. To ensure the safety of users, online games will include safeguards such as age limits, parental controls and time limits. The money transactions taking place while playing the game will also be monitored.

Bearing: Implementing strict rules and features like age limits/parental controls is expected to reduce the cases of gaming addiction and cheating, thereby creating a safe environment for users. Apart from this, tightening controls on foreign companies is expected to help in curbing speculative activities. This will increase the government’s revenue and e-sports will get more recognition as a legitimate sport.

Export of diesel and aviation fuel will be cheaper

shift: From May 1 and for 15 days thereafter, the Central Government has reduced the Special Additional Excise Duty on export of diesel to Rs 23 per litre. In April this rate was Rs 55.5. Meanwhile, the special additional excise duty on ATF (Aviation Turbine Fuel) has been reduced to Rs 33 per litre. In April this rate was Rs 42. Additionally, by amending the definition of fuel, the Petroleum Ministry has now allowed blending of synthetic fuel in ATF.

Bearing: The reduction in duty will make it more economical for Indian refining companies like Reliance and Nayara to sell fuel in the international markets, which is likely to improve their profit margins. The Finance Ministry has clarified that there has been no change in the excise duty on petrol and diesel used for domestic consumption. As a result, fuel prices for the general public will remain stable. Allowing synthetic blending in ATF will encourage the adoption of environment-friendly and alternative fuels in the aviation sector, which will bring more clarity in industry standards.

UAE out of OPEC and OPEC+ from today

shift: The United Arab Emirates (UAE) has been out of OPEC and OPEC+ from May 1. It is the world’s largest oil producing organization, controlling approximately 40–50% of the global oil supply and influencing prices by setting production quotas.

Bearing: By getting out of OPEC restrictions, UAE will be able to increase its oil production. This is expected to increase supply in the global market and fall in crude oil prices. Oil importing countries like India will get an opportunity to diversify their sources of oil supply.