Rates of aviation fuel raised
Hike in air fare likely
PRESS TRUST OF INDIA
New Delhi, Apr 30: The state-owned oil retailers Friday raised jet fuel, or ATF prices, by Rs 273 per kilolitre, making it the fifth straight increase since March.
Aviation Turbine Fuel (ATF) rates in Delhi have been raised by Rs 272.77, or 0.6 per cent, to Rs 42,452.02 per kilolitre with effect from midnight tonight, an official of the Indian Oil Corp, the nation’s largest oil firm, said.Jet fuel constitutes roughly 40 per cent of the operating cost of an airline and today’s increase in fuel rates would put a nominal, but extra burden on Indian carriers. It was, however, not immediately clear if airlines will pass this burden to passengers. ATF prices have been raised by 11.7 per cent in five installments since March one. Jet fuel price in Delhi was Rs 37,982.22 per kl in February.
Friday’s hike comes on the back of a 3.2 per cent increase on April 16 when prices in Delhi were raised to Rs 42,179.25 per kl. In Mumbai, the prices were today raised by Rs 284.13 to Rs 43,823.67 per kl.
Lastupdate on : Fri, 30 Apr 2010 21:30:00 Makkah time
Lastupdate on : Fri, 30 Apr 2010 18:30:00 GMT
Lastupdate on : Sat, 1 May 2010 00:00:00 IST
- MORE FROM GK BUSINESS
2 OFFICIALS ISSUED FORGED KVPS, IVPS
Srinagar, Apr 30: The Central Bureau of Investigation has launched an inquiry into the “bungling” of Rs 50 lakh by two officials of the Department of Posts, Bandipora, who allegedly issued fraudulent Kisan More
- Srinagar City
GK NEWS NETWORK
Srinagar, April 30: The Kashmir University Vice-Chancellor, Prof Reyaz Punjabi today said Islam has a well-known tradition of social justice system about which the world should be educated. "Islam More
Finance Dept issues order after ‘one time exemption’ by Cabinet
SYED AMJAD SHAH
Jammu, Apr 30: As many as 29 candidates, who were selected despite lacking the basic qualification of Urdu, joined as Naib Tehsildar following an order issued by the State Finance Department here on Friday More
- South Asia
Islamabad, Apr 30: Pakistan agreed to a change in the format for future talks with India in return for New Delhi’s consent to resume broad-based engagement with it, diplomatic sources said Friday.  More
- GK Business
‘MORE ITEMS, DAYS FOR TRADE, BANKING MECHANISM, TRUCK SCANNERS ON ANVIL’
New Delhi, Apr 30: The Union home secretary G K Pillai Friday said India has asked Pakistan to expeditiously clear the proposal for establishment of communication links between the two sides of Jammu and More