LPG prices will be reset, and consumers should note potential bank holiday closures throughout February. India is heading into February 1 with multiple consumer-facing changes landing on the same day Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget 2026-27 in Parliament. According to reports, retail cigarette prices could rise 15% to 40% from February 1, citing the government’s notified duty structure and market expectations. According to the Reserve Bank of India’s calendar, banks are closed nationwide on Sundays and on the second and fourth Saturdays of each month. Additionally, there may be extra closures for local observances, such as Losar and Chhatrapati Shivaji Maharaj Jayanti, in certain states.