Overview
- Oil marketing companies raised 19 kg commercial LPG prices on Monday, June 1, 2026, lifting the Delhi rate by Rs 42 to Rs 3,113.50 and increasing tariffs in other metros.
- The central government notified new export duties that began on June 1, 2026 charging Rs 1.5 per litre on petrol, Rs 13.5 per litre on diesel and Rs 9.5 per litre on aviation turbine fuel to discourage shipments and protect domestic supply.
- HDFC Bank put monthly limits on deposits of small notes and coins from June 1, 2026, capping notes of Rs 20 or less at Rs 10,000 and coins at Rs 5,000 with a 2% extra charge on deposits above those limits.
- The National Payments Corporation of India rolled out a UPI change on June 1, 2026 that displays the payee's bank-account name before customers enter their PIN to reduce wrong-account transfers and fraud.
- Rules enforcing ALMM List-II for subsidy-linked solar procurement and Maruti Suzuki's announced price increases took effect on June 1, 2026, and the commercial LPG rises mark the seventh increase this year that has nearly doubled some 19 kg rates and raised costs for hotels, restaurants and small businesses.