aviation turbine fuel

The government has increased the export duty on diesel from 21.5 rupees per litre to 55.5 rupees per litre. The Ministry of Finance has also announced an increase in the duty on Aviation Turbine Fuel, from 29.5 rupees per litre to 42 rupees per litre. Meanwhile, the export duty on petrol will...

New Delhi, April 1 IndiGo announced on Wednesday that it will start imposing revised fuel charges ranging from ₹275 to ₹10,000 on domestic and international flights from April 2, following the rise in jet fuel prices.With higher fuel charges, airfares are expected to increase for various...

New Delhi, April 1 The Rajya Sabha passed a resolution on Wednesday to impose additional excise duty on Aviation Turbine Fuel (ATF), also known as jet fuel.The resolution was moved in the House by Minister of State for Finance, Pankaj Chaudhary, shortly after the session resumed after lunch...

New Delhi, April 1 The government's decision on a limited increase in jet fuel prices ensures that airlines' domestic operational costs remain manageable and will not lead to additional fuel surcharges, an official said on Wednesday.Asangba Chuba Ao, joint secretary at the civil aviation...

New Delhi, April 1 SpiceJet Chairman and Managing Director Ajay Singh said on Wednesday that the government's decision to allow only a partial increase in jet fuel prices would be a significant relief for the country's aviation industry at a time of unprecedented global uncertainty.Public...

April 1, New Delhi: Amidst the turbulent times caused by the Iran war and difficulties in oil supply due to the blockage of the Strait of Hormuz, India's Ministry of Petroleum and Natural Gas is attempting to protect domestic airlines from a full surge in fuel prices.The ministry has limited...

New Delhi, April 1 The price of Aviation Turbine Fuel (ATF), or jet fuel, more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, mirroring the surge in global oil prices last month, but for domestic airlines, the increase would only be 8.5 per cent.Domestic airlines will pay...

New Delhi, April 1 The price of aviation turbine fuel (ATF), or jet fuel, more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, but domestic airlines will not have to pay this steep increase as a mechanism is being put in place to protect them.Meanwhile, the price of...

New Delhi, April 1 Airfares are expected to rise in the wake of the ongoing conflict in West Asia, amid a significant increase in jet fuel prices.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...

New Delhi, April 1 The price of aviation turbine fuel (ATF), or jet fuel, 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 escalating conflict in West...

New Delhi, April 1 The price of aviation turbine fuel (ATF), or jet fuel, more than doubled to a record high of Rs 2.07 lakh per kilolitre on Wednesday, driven by the surge in global oil prices linked to the escalating conflict in West Asia.This is the first time ATF prices have exceeded the...

In Jammu and Kashmir, Lieutenant Governor Manoj Sinha praised Prime Minister Narendra Modi for his historic decision to protect households from supply disruptions caused by the West Asia crisis. According to a report by Akashvani Jammu, in a post on X, the LG stated, "Prioritizing the well-being...

New Delhi, March 27 Reliance Industries' shares experienced heavy selling on Friday, falling by 4.6 per cent, resulting in an erosion of Rs 87,014 crore in its market valuation, in line with the bearish trend in the stock market.The benchmark stock plummeted 4.55 per cent to close at Rs...

New Delhi, March 27 A reduction in excise duty on petrol and diesel by ₹10 per litre, and an increase in export duty on ATF and diesel, will result in a net revenue loss of ₹5,500 crore in two weeks, a top official said on Friday.Chairman of the Central Board of Indirect Taxes and Customs...

The government has imposed export duties on diesel and aviation turbine fuel (ATF) and reduced domestic levies on petrol and diesel to ensure adequate availability and protect consumers from rising global oil prices caused by the West Asia crisis.Speaking at an Inter-Ministerial Briefing on...

Union Information and Broadcasting Minister Ashwini Vaishnaw stated that the government has absorbed fiscal losses to provide relief to its citizens in the face of the global crisis. In a social media post, the Minister praised the government's decision to reduce excise duty on petrol and diesel...

External Affairs Minister Dr. S. Jaishankar praised Prime Minister Narendra Modi's swift and decisive action to protect 1.4 billion Indians from price and supply shocks caused by the West Asia crisis, which has impacted energy and commodity markets. In a social media post, Dr. Jaishankar stated...

The central government has reduced the central excise duty on petrol and diesel by 10 rupees per litre for domestic consumption. In a social media post, Union Finance Minister Nirmala Sitharaman stated that this decision was taken in light of the crisis in West Asia. She explained that this move...

New Delhi, March 27 Union Home Minister Amit Shah on Friday said that amid global fuel shortages triggered by the West Asia crisis, which have pushed prices higher worldwide, the Modi government’s decision to cut excise duty on fuel offers much-needed relief to citizens.Speaking on the social...

New Delhi, March 27 – The Congress party said on Friday that the reduction in excise duty on petrol and diesel offers no real relief to ordinary people and accused the government of misleading the public with headlines suggesting a price reduction.The party stated that if people saw reports...