BusinessLogrBusinessLogr
  • Home
  • Stocks
  • Finance
  • Business
  • Company
  • Economy
  • Industry
  • Investing
  • Car News
  • Contact Us!
Reading: ATF price cut marginally; non-subsidised LPG rate hiked
Share
Aa
BusinessLogrBusinessLogr
Aa
  • Home
  • Stocks
  • Finance
  • Business
  • Company
  • Economy
  • Industry
  • Investing
  • Car News
  • Contact Us!
Follow US
© 2023 BusinessLogr News Network.
BusinessLogr > Economy > ATF price cut marginally; non-subsidised LPG rate hiked
Economy

ATF price cut marginally; non-subsidised LPG rate hiked

deep
Last updated: 2015/11/28 at 5:50 PM
deep Published November 28, 2015
Share
2 Min Read
SHARE

ATF price cutATF or jet fuel price has been cut marginally while rate of non-subsidised cooking gas LPG has been hiked by Rs 27.50 a cylinder in line with global trends.

Aviation Turbine Fuel (ATF) price in Delhi has been cut by Rs 142.56 per kilolitre, or 0.3 per cent, to Rs 43,041.61 per kilolitre, oil companies announced today.

The reduction comes on the back of 5.5 per cent or Rs 2,245.92 per kilolitre increase in ATF price on October 1.

Rates vary from airport to airport depending on the local sales tax or value-added tax (VAT).

Jet fuel constitutes over 40 per cent of an airline’s operating costs and the price cut will bring marginal relief to the cash-strapped carriers.

No immediate comment was available from airlines on the impact of price reduction on passenger fares.

Simultaneously, the oil firms have also raised prices of non-subsidised LPG, which consumers buy after exhausting their quota of subsidised cooking fuel, by Rs 27.5 per 14.2-kg bottle.

Non-subsidised cooking gas (LPG) now costs Rs 545 in Delhi.

The hike in rate comes on back of four straight monthly reduction. Non-subsidised LPG price was last cut on October 1 by Rs 42 to Rs 517.50 in Delhi.

Prior to that, rates were cut by Rs 25.50 on September 1, Rs 23.50 on August 1 and by Rs 18 per cylinder to Rs 608.50 on July 1.

Non-subsidised or market-priced LPG is one that consumers buy after exhausting their quota of 12 bottles of 14.2-kg each at subsidised rates in a year.

Subsidised LPG costs Rs 417.82 per 14.2-kg cylinder in Delhi.

The three fuel retailers – Indian Oil Corp, Hindustan Petroleum and Bharat Petroleum – revise jet fuel prices and non-subsidised LPG rates once a month.

[“source -financialexpress”]

 

You Might Also Like

body shop with loaner car

WHO says monkeypox has been spreading undetected as global cases rise to more than 550

FedEx Acquires TNT specific, method better delivery in Europe

Endurance International Completes Constant Contact Acquisition

BigCommerce, Xero Partnership adds Cloud Accounting to online Stores

TAGGED: ATF price cut marginally, non-subsidised LPG rate
deep November 28, 2015
Share this Article
Facebook Twitter Email Print
Share
Previous Article Bridging gender gap may add Rs 46 lakh crore to India’s GDP in 2025: McKinsey
Next Article Tax evasion, money laundering to become difficult in next 1-2 years: FM Arun Jaitley

Most Viewed Posts

  • 20 Fitness Franchises: Planet Fitness and Beyond
  • Choosing the Right Legal Structure For Your Business
  • find a loan shark on craigslist
  • GoDaddy Launches SmartLine, Gives Your Small Business Its Own Phone Number
  • Is Author Marketing Club Worth It? Definitely

Most Viewed Posts

  • 20 Fitness Franchises: Planet Fitness and Beyond
  • Choosing the Right Legal Structure For Your Business
  • find a loan shark on craigslist
  • GoDaddy Launches SmartLine, Gives Your Small Business Its Own Phone Number
  • Is Author Marketing Club Worth It? Definitely

Recent Posts

  • Quotes About Betrayal on Life
  • How Can A Sign Advertising Boost Your Brand’s Visibility

© 2023 BusinessLogr News Network.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?