January 1, 2026

Legal Metrology Dept Warns Buyers as Gold Prices Soar, Demands Accurate Weighing

Deputy Controller B. Manohar warns consumers to be alert while buying gold amid rising prices. Shops must use precise electronic scales with minimal deviation. Over 1600 trade cases booked recently, officials ramping up inspections.

January 1, 2026

Jet Fuel Price Slashed 7.3%; Commercial LPG Cylinder Cost Soars by ₹111 from Jan 1

On January 1, 2026, aviation turbine fuel price dropped 7.3% in Delhi, easing costs for airlines. Meanwhile, commercial LPG cylinders saw a sharp ₹111 price hike, marking the highest rate since June last year.

January 1, 2026

APERC Approves ₹4,498 Crore Net True-Up Charges; DISCOMs to Claim From Govt

APERC has approved ₹4,498 crore net true-up charges for Andhra Pradesh DISCOMs for FY 2019-20 to FY 2023-24. The commission asked DISCOMs to claim this from the government, shielding consumers from extra electricity costs.

January 1, 2026

Government Hikes Tobacco Duty, Shares of Godfrey Phillips and ITC Fall Sharply

From February 1, the government will charge higher excise and health cess on tobacco and pan masala. Shares of Godfrey Phillips dropped 10%, ITC down 6.11% on BSE following the announcement.

January 1, 2026

UAE Cuts Petrol and Diesel Prices for January 2026, Reversing December Hikes

The UAE has lowered petrol and diesel prices starting January 1, 2026. Fuel prices dropped across all major types after December’s increase, easing costs for drivers and transporters.