Steepest ever hike of 14% in ATF price
Jet fuel or ATF price on Friday was hiked by the steepest-ever 14 per cent -- the third straight increase, while the commercial cooking gas rate was cut by Rs157.5 per cylinder in line with divergent trends in international benchmarks.
image for illustrative purpose
New Delhi: Jet fuel or ATF price on Friday was hiked by the steepest-ever 14 per cent -- the third straight increase, while the commercial cooking gas rate was cut by Rs157.5 per cylinder in line with divergent trends in international benchmarks.
Aviation turbine fuel (ATF) price was increased by Rs13,911.07 per kilolitre, or 14.1 per cent, in the national capital to Rs1,12,419.33 per kl, according to a price notification of state-owned fuel retailers. Rates, which vary from state to state depending on the incidence of local sales tax or VAT, have been increased on firming up of global prices in the last couple of months. The hike comes on the back of an 8.5 per cent or Rs7,728.38 per kl increase effected from August 1.
