Aviation turbine fuel (ATF) price was raised by 1.2%

02 Jul 2024 CW Team

In keeping with global patterns in oil prices, the price of commercial LPG, which is used by hotels and restaurants, was reduced by Rs 30 per 19-kg cylinder on Monday, while the price of jet fuel, or ATF, increased by 1.2%. In the national capital, the price of aviation turbine fuel (ATF) increased by Rs 1,179.37 per kilolitre, or 1.2%, to Rs 96,148.38 per kl, as per a pricing announcement from state-owned fuel merchants. The rise came after a sharp 6.5% (or Rs 6,673.87 per kilo) decrease on June 1. Mumbai's ATF tariff went up from Rs 88,834.27 to Rs 89,908.30 per kilo. State-by-state variations in prices are caused by the prevalence of municipal taxes. In tandem, commercial LPG was priced at Rs 1,646 per 19-kg cylinder, a reduction of Rs 30 for oil companies. Rates have dropped for the fourth consecutive month. On June 1, the cost was reduced by Rs 69 per cylinder. Rates have already been lowered by Rs 19 per cylinder on May 1 and Rs 30.5 on April 1. However, the cost of cooking gas in residential homes stayed the same at Rs 803 for a 14.2-kg cylinder. Every month on the first, the state-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd. (BPCL), and Hindustan Petroleum Corporation Ltd. (HPCL) adjust the pricing of cooking gas and ATF depending on the foreign currency rate and the average price of benchmark international fuel. The cost of gas and diesel is still frozen. Rates had been cut by Rs 2 per litre in mid-March. Petrol costs Rs 94.72 a litre in Delhi, had been cut by Rs 2 per litre in mid-March.

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..