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Atf Prices

Spicejet Posts Rs 838 Crore Q2 Loss On Higher Fuel Prices, Falling Rupee

Excluding the forex loss, the airline's net loss stood at Rs 577.7 crore in the latest quarter under review.

14 November 2022

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ATF Price Cut By Steep 12%; Commercial LPG Reduced By Rs 36

Aviation turbine fuel (ATF) prices were cut by Rs 16,232.36 per kilolitre, or 11.75 per cent, to Rs 121,915.57 per kl in the national capital, a price notification of state-run retailers showed


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Windfall Tax On Reliance Industries, ONGC Gives Modi Fiscal Space To Push India's Growth

The oil refiners in India will now pay Rs 6 per litre on the export of petrol and aviation turbine fuel (ATF) as well as Rs 13 on the export of diesel


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Reliance, Nayara Face Windfall Profit Tax On Local Supplies Alongside Exports

The government on July 1 levied Rs 13 per litre additional excise duty on diesel exported out of India. A Rs 6 a litre tax was also imposed on petrol and ATF exported out of India

14 August 2022

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Windfall Tax Review More Likely Than Expected After Sharp Fall In Global Crude Prices

In a surprise move, the government on July 1 slapped export duties on petrol and ATF (Rs 6 per litre or $12 per barrel) and diesel (Rs 13 a lire or $26 a barrel) and imposed a windfall tax on domestic crude production (Rs...


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India's Fuel Sales Soar In June

The start of the cropping season helped diesel demand register double-digit growth over the pre-pandemic period -- a record in recent years.

03 July 2022

Government Removes Caps On Air Fares From August 31

On May 25, 2020, the government introduced the upper and lower limits on the fares of airlines in order to protect weaker airlines and passengers from being charged exorbitantly

10 August 2022

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Stock Market Update: Reliance Industries Stock Tumbles Nearly 9%; ONGC Slips 11%

Shares of Reliance Industries fell 8.65 per cent to Rs 2,369.45 apiece on the BSE. It was the biggest drag among the Sensex firms in morning trade.

01 July 2022

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16 June 2022
SpiceJet Hikes Fare Prices By Up To 15% Amidst High ATF Cost

SpiceJet Hikes Fare Prices By Up To 15% Amidst High ATF Cost

Singh noted that the ATF prices have surged as much as 120 per cent since June 2021, while urging the state and central governments to reduce taxes on jet...


16 June 2022
Jet Fuel Prices Hiked By Record 16%; Tenth Increase This Year

Jet Fuel Prices Hiked By Record 16%; Tenth Increase This Year

The price of aviation turbine fuel (ATF) -- the fuel that helps aeroplanes fly -- has been increased by Rs 19,757.13 per kilolitre, or 16.26 per cent, to Rs...


01 June 2022
Jet Fuel Prices Slashed By 1.3% For First Time This Year, Commercial LPG Rate Reduced By Rs 135

Jet Fuel Prices Slashed By 1.3% For First Time This Year, Commercial LPG Rate Reduced By Rs 135

The price of aviation turbine fuel (ATF) -- the fuel that helps aeroplanes fly -- has been reduced by Rs 1,563.97 per kilolitre, or 1.27 per cent, to Rs...


25 May 2022
No Decision On Cut In Tax On ATF: Report

No Decision On Cut In Tax On ATF: Report

Civil Aviation Minister Jyotiraditya Scindia has been making a case for lowering the high taxes on aviation turbine fuel even as most states have already moved...


16 May 2022
Why Your Next Flight Ticket Is Likely To Be Expensive

Why Your Next Flight Ticket Is Likely To Be Expensive

For the past nine months, the ATF prices have surged by Rs 49,017.8 per kilolitre (Rs 49 per litre), or nearly 55 per cent.


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11 May 2022
Existing Fare Caps Act As Protector For Passengers, Airlines: Jyotiraditya Scindia

Existing Fare Caps Act As Protector For Passengers, Airlines: Jyotiraditya Scindia

At present, fare capping is applicable on a rolling basis for a 15-day cycle, and the situation is monitored by the civil aviation ministry.


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