Belagavi Hotels Hike Food Prices 7-10% After LPG Surge
Hotel owners in Belagavi have increased food prices by 7% to 10% following a steep hike in commercial LPG cylinder rates, impacting consumers and the hospitality sector.
Hotel owners in Belagavi have increased food prices by 7% to 10% following a steep hike in commercial LPG cylinder rates, impacting consumers and the hospitality sector.
Hotels across Dakshina Kannada plan to increase menu prices by 10-15% due to a sharp rise in commercial LPG cylinder rates, along with higher ingredient costs and wages. Some eateries have already implemented partial hikes.
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Commercial LPG prices in Nagpur have surged to Rs3,248 per cylinder, causing a financial crisis for restaurants. Black market rates soar up to Rs4,500, forcing businesses to cut menus and switch cooking methods.
Commercial LPG cylinder prices have surged by Rs993, forcing Coimbatore restaurateurs and street vendors to hike prices of common food items like dosa and poori or reduce menus to stay afloat.
Cotton yarn prices have surged to Rs 300 per kg, a four-year high, driven by strong demand from China and Bangladesh, pushing up fabric prices and causing shortages across the textile value chain.
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Kerala Real Estate Consultants' Association calls for a fixed commission system to end disputes and unethical practices, and seeks labour recognition for agents.
Restaurant owners in Kolhapur have increased food prices by up to 20% after commercial LPG cylinder rates surged nearly 50% to Rs 3,031, impacting small eateries and hotels.
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Hotels and restaurants in Chhatrapati Sambhajinagar face a crisis due to a steep LPG price hike and supply shortage, with industry bodies warning of closures and menu rate increases.
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