New Delhi: Jet fuel or ATF price has been hiked by a marginal 1 percent while rates of non-subsidised cooking gas (LPG) have been cut by Rs 53.5 per cylinder reflecting global trends.
Aviation Turbine Fuel, or ATF, price at Delhi was hiked by Rs 753.34 per kilolitre, or 1 percent, to Rs 74,825.54 per kl, according to Indian Oil Corp, the nation's largest fuel retailer.
The hike follows a 3 percent cut in rates on February 1 on softening international oil rates. However, prices have gone up since then and rupee depreciated against US dollar, making imports costlier.
In Mumbai, jet fuel costs Rs 77,322.6 per kl as against Rs Rs 76,524.33 per kl previously, IOC said. Rates at different airports vary because of difference in local sales tax or VAT.
02/03/14 ZeeNews
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Aviation Turbine Fuel, or ATF, price at Delhi was hiked by Rs 753.34 per kilolitre, or 1 percent, to Rs 74,825.54 per kl, according to Indian Oil Corp, the nation's largest fuel retailer.
The hike follows a 3 percent cut in rates on February 1 on softening international oil rates. However, prices have gone up since then and rupee depreciated against US dollar, making imports costlier.
In Mumbai, jet fuel costs Rs 77,322.6 per kl as against Rs Rs 76,524.33 per kl previously, IOC said. Rates at different airports vary because of difference in local sales tax or VAT.
02/03/14 ZeeNews
