Jet fuel (ATF) prices on Monday were cut by the steepest ever 12 per cent, the second reduction in as many weeks, on softening international oil prices amid recessionary fears. 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. This is the steepest ever reduction in rates and follows a Rs 3,084.94 per kl (2.2 per cent) reduction effected on July 16. Parallelly, the rates of commercial LPG - the one used by hotels, restaurants and other business establishments - was cut by Rs 36 to Rs 1,976.50 per 19-kg cylinder. This is the fourth reduction in commercial LPG rates since May. In all, prices have come down by Rs 377.50 per 19-kg cylinder. There was no change in the price of domestic cooking gas LPG used in the household kitchens. A 14.2-kg domestic LPG cylinder costs Rs 1,053 in the national capital. While ATF prices are revised on the 1st
August will be full of shocks and surprises as there will be some changes in rules, banks closed for 18 days, a change in the Bank of Baroda cheque payment system and the introduction of PPS
A domestic LPG cylinder will now cost Rs 1,053 in the national capital Delhi. In Mumbai, it will cost Rs 1,052.50
The commercial LPG cylinder price, as of July 1, in the national capital Delhi is Rs 2,021, brought down from Rs 2,219 per cylinder
Domestic LPG cylinder price has been left unchanged
This is the first reduction in the price of commercial LPG cylinders after three months of consecutive hikes
The hike comes on the back of a Rs 50 per cylinder increase effected on May 7
Petrol sales grew 14 per cent during the first half of May when compared with the same period in the preceding month, while diesel demand rose 1.8 per cent
The CPI(M) accused the union government of cutting down on subsidies provided for common people and said it has 'written off' corporate tax worth over a lakh crores
A day after the price of Liquefied petroleum gas cylinder was hiked by Rs 50, Congress leader Rahul Gandhi on Sunday compared LPG prices between the UPA tenure and the present BJP government at the Centre.The hike in the LPG prices has attracted criticism across the Opposition parties with the Trinamool Congress condemning the price rise and the youth wing of the Congress, Indian Youth Congress staged a protest outside the residence of Union Minister for Petroleum and Natural Gas Hardeep Singh Puri.Taking to Twitter, Rahul Gandhi claimed that the price of the LPG during the UPA tenure was Rs 410 and the subsidy provided was Rs 827, while the LPG costs Rs 999 during the NDA tenure with zero subsidy.The Congress leader further took a jibe at the Centre and said that two cylinders were available then for the price of one now."2 cylinders then for the price of 1 now! Only Congress governs for the welfare of poor & middle-class Indian families. It's the core of our economic policy," .
With the new revision, the cooking gas cylinder will now retail at Rs 999.50 in Delhi.
The price of 19-kg commercial LPG cylinder was on Sunday hiked by Rs 102.50, the third straight monthly increase. With this, the 19-kg commercial cooking gas cylinder will now cost Rs 2,355.50, according to a price notification of state-owned fuel retailers. The commercial LPG price was increased by Rs 105 on March 1 and by Rs 250 on April 1. However, there has been no change in the prices of domestic gas cylinders. In March, the price of domestic cooking gas (LPG) was hiked by Rs 50 per cylinder. A 14.2-kg LPG cylinder is costing Rs 949.50 in Delhi from March 22 onwards.
Besides the petrol, diesel and LPG prices, compounding the woes for manufacturers and consumers alike is the sharp hike in prices of natural gas starting April 1 for a period of six months
Petrol and diesel prices were hiked by 80 paise a litre each while domestic cooking gas prices were increased by Rs 50 per cylinder, sources said.
The prices of 19 kg commercial LPG cylinders have been increased by Rs 105 in Delhi from March 1.
Urban households will shortly feel the pinch of rising prices
Sources told ANI that unauthorised agents or people involved in black marketing are also involved in refilling commercial cylinders through domestic cylinders
It will provide some relief to restaurants, eateries, tea stalls and others which constitute the largest user segment of the 19 kg cylinders
The price of LPG used in domestic kitchens remains unchanged at Rs 899.50 per 14.2-kg cylinder
In some relief for consumers on New Year, National Oil Marketing companies have slashed the prices of 19 kg commercial LPG cylinder cost by Rs 102.50 effective from January 1, 2022.