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.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..