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New Delhi [India], April 1 (ANI): In a move aimed at protecting domestic air travel from a sharp global fuel shock, the government has limited the increase in Aviation Turbine Fuel (ATF) prices for domestic airlines to 25%, even as international benchmarks indicated a potential surge of over 100%. The Ministry of Petroleum and Natural Gas said the decision comes in response to an "extraordinary situation in global energy markets," triggered by the closure of the Strait of Hormuz. To prevent a s ...Read More >
NEW DELHI: Jet fuel prices for scheduled Indian carriers have been upped by about 8.5% in April, sparing the average air travellers big airfare hikes. Aviation turbine fuel (ATF) prices for scheduled airlines per kilo litre will now cost Rs 1,04,927 in Delhi, up from Rs 96,638.14 last month. At India's second busiest hub, the price is now Rs 98,247, up from Rs 90,451.87 last month. This is a big relief to India's stressed airlines and flyers.ATF pricing for non scheduled, adhoc and charters: The ...Read More >
India raised aviation turbine fuel (ATF) prices for domestic scheduled carriers across metros from April 1. The government said ATF prices were expected to surge over 100% due to global disruptions, but OMCs passed on only a 25% staggered hike to domestic airlines to limit the impact on fares, while non-scheduled operators and charters bear the full increase.The price of aviation turbine fuel (ATF) for domestic scheduled airlines has been increased across metro cities effective April 1, though t ...Read More >
New Delhi, April 1 (SocialNews.XYZ) State-owned oil marketing companies (OMCs) on Wednesday made substantial revisions to prices of both aviation turbine fuel (ATF) and commercial LPG, with rates surging sharply -- including a more-than-doubling in jet fuel prices -- tracking a spike in global oil prices amid the escalating West Asia conflict. Jet fuel prices more than doubled to a record high, while commercial LPG rates also rose significantly, adding to cost pressures across sectors. The pri ...Read More >
New Delhi: Airfares are expected to rise with the steep increase in jet fuel prices amid the ongoing West Asia conflict. The price of Aviation Turbine Fuel (ATF) has more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, and this is the first time that the jet fuel price has crossed the Rs 2 lakh per kilolitre mark. In Delhi, ATF price has been hiked by Rs 1,10,703.08 per kilolitre, or 114.5 per cent, to Rs 2,07,341.22 per kl, according to state-owned fuel retailers. Officials s ...Read More >
NEW DELHI: Price of aviation turbine fuel (ATF), or jet fuel, was more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday but domestic airlines will not have to pay the steep increase as a mechanism is in works to shield them. Alongside, commercial LPG rates were raised by Rs 195.50 per cylinder, mirroring the the surge in global oil prices linked to the widening West Asia conflict. ATF price in Delhi was hiked by Rs 110,703.08 per kilolitre, or 114.5 per cent, to Rs 207,341.22 p ...Read More >
New Delhi: As geopolitical tensions escalate between the United States, Israel, and Iran, the blockade of the Strait of Hormuz is sending shockwaves through the aviation industry. Air travelers now face a massive surge in ticket prices as jet fuel costs have more than doubled for April, leaving the global economy reeling from the fallout of the Iran conflict. Oil PSUs on Wednesday announced that Aviation Turbine Fuel (ATF) prices have been revised upward in major metro cities from April 1, 2026 ...Read More >
New Delhi (PTI): Price of aviation turbine fuel (ATF), or jet fuel, was more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday but domestic airlines will not have to pay the steep increase as a mechanism is in works to shield them. Alongside, commercial LPG rates were raised by Rs 195.50 per cylinder, mirroring the the surge in global oil prices linked to the widening West Asia conflict. ATF price in Delhi was hiked by Rs 110,703.08 per kilolitre, or 114.5 per cent, to Rs 207,34 ...Read More >
New Delhi: Airfares are expected to rise with the steep increase in jet fuel prices amid the ongoing West Asia conflict. The price of Aviation Turbine Fuel (ATF) has more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, and this is the first time that the jet fuel price has crossed the Rs 2 lakh per kilolitre mark. In Delhi, ATF price has been hiked by Rs 1,10,703.08 per kilolitre, or 114.5 per cent, to Rs 2,07,341.22 per kl, according to state-owned fuel retailers. Officials s ...Read More >
New Delhi [India], April 1 (ANI): The prices of LPG cylinders have been revised upward with effect from April 1, with commercial and smaller cylinders witnessing a significant increase across key cities. In Delhi, the price of a 19 kg commercial LPG cylinder has been increased to Rs 2,078.50, marking a rise of Rs 195.50. Meanwhile, the 5 kg FTL cylinder is now priced at Rs 549 per refill, reflecting an increase of Rs 51, sources said. Also Read | Dantewada Declared Naxal-Free After 40 Years: ' ...Read More >
New Delhi [India], April 1 (ANI): The prices of LPG cylinders have been revised upward with effect from April 1, with commercial and smaller cylinders witnessing a significant increase across key cities. In Delhi, the price of a 19 kg commercial LPG cylinder has been increased to Rs 2,078.50, marking a rise of Rs 195.50. Meanwhile, the 5 kg FTL cylinder is now priced at Rs 549 per refill, reflecting an increase of Rs 51, sources said. In Kolkata, the price of a 19 kg commercial LPG cylinder ha ...Read More >
New Delhi, Apr 1 (PTI) Price of aviation turbine fuel (ATF), or jet fuel, was more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday while commercial LPG rates were raised by Rs 195.50 per cylinder, mirroring the surge in global oil prices linked to the widening West Asia conflict. ATF price in Delhi was hiked by Rs 110,703.08 per kilolitre, or 114.5 per cent, to Rs 207,341.22 per kl, according to state-owned fuel retailers. This is the first time ever that ATF prices have cross ...Read More >
New Delhi: Prices of commercial LPG cylinders have been increased by Rs 195.50 from April 1. A 19-kg commercial cylinder now costs Rs 2,078.50 in Delhi. This is the second consecutive monthly hike, after prices were raised by Rs 114.50 on March 1. The increase mainly impacts hotels, restaurants, and small businesses that depend on commercial gas for daily operations. Domestic LPG prices unchanged There is some relief for households. Domestic cooking gas prices have not been changed. A 14.2-kg ...Read More >
If SEZ exports remain exempt, Reliance's refining margins would be largely insulated from the new levies, preserving the competitiveness of its export-oriented operations, it said New Delhi: The applicability of newly reimposed export windfall taxes on shipments of diesel and ATF from Reliance Industries' SEZ refinery remains the key uncertainty, following India's fuel duty overhaul, with significant implications for refining margins and government revenues, according to analysts. Under the re ...Read More >
New Delhi, March 30: India has enough aviation turbine fuel (ATF) for the next 60 days and there is no immediate risk of disruption, Civil Aviation Minister Kinjarapu Rammohan Naidu told the Rajya Sabha on Monday amid concerns over the ongoing West Asia conflict. Responding to questions in the Rajya Sabha, Naidu assured that the country's aviation fuel supply remains stable despite the oil crisis triggered by the West Asia war. "India currently has adequate ATF reserves and does not foresee any ...Read More >
India has enough aviation turbine fuel (ATF) for the next 60 days and there is no immediate risk of disruption, Civil Aviation Minister Kinjarapu Rammohan Naidu told the Rajya Sabha on Monday amid concerns over the ongoing West Asia conflict. New Delhi: India has enough aviation turbine fuel (ATF) for the next 60 days and there is no immediate risk of disruption, Civil Aviation Minister Kinjarapu Rammohan Naidu told the Rajya Sabha on Monday amid concerns over the ongoing West Asia conflict. R ...Read More >
India has enough aviation turbine fuel (ATF) for the next 60 days and there is no immediate risk of disruption, Civil Aviation Minister Kinjarapu Ram Mohan Naidu told the Rajya Sabha on Monday amid concerns over the ongoing West Asia conflict. Responding to questions in the Rajya Sabha, Naidu assured that the country's aviation fuel supply remains stable despite the oil crisis triggered by the West Asia war. "India currently has adequate ATF reserves and does not foresee any shortage in the nea ...Read More >
Aviation turbine fuel (ATF), which accounts for nearly 40% of an airline's operating costs, "has seen significant price escalation due to supply interruptions" since early March, the group said in a statement. Globally, jet fuel prices have roughly doubled since the conflict began, surging from around $85-90 a barrel to between $150 and $200. Airlines in other regions have moved to pass on the cost too. Australia's Qantas, Scandinavia's SAS and Air New Zealand announced fare hikes or temporary ...Read More >
Karnataka's 13-year-old prodigy Srishti Kiran secured her first international junior title, winning the ITF J30 at Cabarete in the Dominican Republic.... Karnataka's 13-year-old prodigy Srishti Kiran secured her first international junior title, winning the ITF J30 at Cabarete in the Dominican Republic. Srishti delivered a commanding performance to defeat the top seed, Stephanie Pumar of Venezuela 6-2, 6-2, securing the championship in straight sets. The victory capped an impressive campaign ...Read More >
New Delhi: Aviation Turbine Fuel (ATF) prices were hiked by over 3 per cent and commercial LPG rates by Rs 15.50 per cylinder on Wednesday as oil firms revised fuel prices in line with global benchmarks. Jet fuel (ATF) price was increased by Rs 3,052.5 per kilolitre, or 3.3 per cent, to Rs 93,766.02 per kl in the national capital - home to one of the busiest airports in the country, according to state-owned fuel retailers. The increase comes on the back of a 1.4 per cent (Rs 1,308.41 per kl) re ...Read More >
New Delhi | Aviation Turbine Fuel (ATF) prices were hiked by over 3 per cent and commercial LPG rates by Rs 15.50 per cylinder on Wednesday as oil firms revised fuel prices in line with global benchmarks. Jet fuel (ATF) price was increased by Rs 3,052.5 per kilolitre, or 3.3 per cent, to Rs 93,766.02 per kl in the national capital - home to one of the busiest airports in the country, according to state-owned fuel retailers. The increase comes on the back of a 1.4 per cent (Rs 1,308.41 per kl) ...Read More >
Oil marketing companies have reduced the price of 19 kg commercial LPG cylinders by ₹33.50, effective August 1, bringing relief to businesses. This follows a series of price cuts in recent months, driven by a drop in crude oil prices. While domestic LPG prices remain stable, increased adoption has doubled connections to 33 crore households. Oil marketing companies (OMCs) have announced a price cut of Rs 33.50 for 19 kg commercial LPG cylinders, effective August 1. In Delhi, the revised retail ...Read More >
New Delhi: India's aviation industry is projected to record a net loss in the range of Rs 20-30 billion in the financial year 2025-26 (FY26), broadly in line with the estimated losses for FY2024-25 (FY25), according to credit rating firm ICRA. In its report, the firm stated that these losses are expected to persist compared to the net profit of around Rs 16 billion recorded in FY2024, due to anticipated pressure on yields as airlines strive to maintain adequate passenger load factors (PLF) amid ...Read More >
New Delhi [India], July 12 (ANI): India aviation industry is projected to record a net loss in the range of Rs 20-30 billion in the financial year 2025-26 (FY26), broadly in line with the estimated losses for FY2024-25 (FY25), according to the credit rating firm ICRA. The firm said in a report that these losses are expected to continue compared to a net profit of around Rs 16 billion in FY2024 due to the anticipated pressure on yields as airlines strive to maintain adequate passenger load facto ...Read More >
New Delhi: State-owned fuel retailers on Tuesday hiked price of jet fuel or aviation turbine fuel (ATF) sharply by 7.5 per cent, while the cost of LPG used in commercial establishments was reduced by Rs 58.50 per cylinder, reflecting shifts in international benchmark rates. However, cooking gas used in domestic households remained unchanged at Rs 853 per 14.2-kg cylinder, according to a notification by oil-marketing companies (OMCs). The hike in ATF price is in line with the surge in internatio ...Read More >
New Delhi: Oil companies on Tuesday slashed the price of commercial LPG cylinders by ₹58.5 with effect from July 1. A 19-kg commercial cylinder now costs ₹1,672 in Kochi and ₹1,693 in Thiruvananthapuram. This marks the fourth consecutive reduction in commercial LPG prices. Rates were earlier cut by ₹24 on June 1, ₹14.50 on May 1, and ₹41 on April 1--amounting to a total reduction of ₹138 since April. However, in a contrasting move, the price of aviation turbine fuel (ATF) was hiked sharply by ...Read More >
New Delhi [India], June 30 (ANI): As India's Goods and Services Tax (GST) completes eight years since its launch in July 2017, a report by PwC highlights the key demands and reforms expected by the industry going forward. The report comes at a time when GST collections are exceeding Rs 2 lakh crore a month, prompting businesses and experts to push for changes to make the tax system simpler, more stable, and better aligned with a growing and evolving economy. According to the report, rate ratio ...Read More >
New Delhi [India], June 30 (ANI): As India's Goods and Services Tax (GST) completes eight years since its launch in July 2017, a report by PwC highlights the key demands and reforms expected by the industry going forward. The report comes at a time when GST collections are exceeding Rs 2 lakh crore a month, prompting businesses and experts to push for changes to make the tax system simpler, more stable, and better aligned with a growing and evolving economy. According to the report, rate ratio ...Read More >
New Delhi, Jan 2 (VOICE) Prime Minister Narendra Modi on Thursday strongly condemned the horrifying New Year's Day terror attack in New Orleans that has left at least 15 dead and about three dozen injured. "We strongly condemn the cowardly terrorist attack in New Orleans. Our thoughts and prayers are with the victims and their families. May they find strength and solace as they heal from this tragedy," PM Modi posted on X. A disturbing series of attacks have shocked the United States with the ...Read More >
The Ministry of Finance has abolished the windfall tax on crude oil, aviation turbine fuel (ATF), and exports of diesel and petrol products with immediate effect. The government has also scrapped the Road and Infrastructure Cess (RIC) on petrol and diesel exports. The decision was announced through the notifications numbered 29/2024 and 30/2024 released by the Centre on Monday which were laid in the Parliament as well. This move follows an evaluation by the government with reports suggesting th ...Read More >
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