New Delhi, April 11 (IANS) The Centre on Saturday increased excise duties on petroleum products, including high-speed diesel, with immediate effect, according to a notification issued by the Ministry of Finance.The Union government has hiked the export duty or windfall tax on diesel by Rs 34 per litre to Rs 55.5 per litre from Rs 21.5 per litre, with immediate effect.As per the Gazette notification, the Special Additional Excise Duty on high-speed diesel has been raised to Rs 24 per litre.In a s…
Latest ATF News & Updates
New Delhi, April 1 (IANS) More than 3.9 lakh 5 kg FTL (free trade LPG) cylinders have been sold since March 23, and over 65,000 5 kg FTL cylinders were sold yesterday, the government said on Wednesday.Supply of LPG continues to be affected due to the prevailing geopolitical situation, but there has been no increase in price for domestic LPG consumers, said the government during the inter-ministerial briefing.”No dry-out has been reported at LPG distributorships. Online LPG bookings have increase…
New Delhi, April 1 (IANS) Congress National President Mallikarjun Kharge on Wednesday launched a sharp attack on the Centre over the “rising prices of essential commodities”, including LPG, air travel, and medicines, accusing the government of economic mismanagement.In a post on X, Kharge said, “The Modi government has completely dismantled the country’s strategic and economic policies — a direct consequence of which is now being borne by 1.4 billion Indians.”Referring to recent price revisions…
New Delhi, April 1 (IANS) The government on Wednesday said that domestic airfares are unlikely to see a sharp rise as it has cushioned the impact of a steep surge in aviation turbine fuel (ATF) prices by allowing only a partial increase for domestic airlines.According to the Ministry of Petroleum and Natural Gas (MoPNG), ATF prices in India — deregulated since 2001 — are revised monthly based on international benchmarks. Given the current geopolitical situation, ATF prices for domestic markets…
New Delhi, April 1 (IANS) PSU oil marketing major Indian Oil Corporation (IOC) has increased the prices of its premium fuels in the national capital.XP100 petrol is now priced at Rs 160 per litre, up from Rs 149 earlier. The high-octane fuel is primarily used in luxury vehicles and high-performance motorcycles to enhance engine efficiency.Similarly, the company has raised the price of Xtra Green diesel (premium diesel), which now costs Rs 92.99 per litre in Delhi, compared to Rs 91.49 previously…
Chandigarh, March 27 (IANS) Punjab BJP President Sunil Jakhar on Friday expressed gratitude to Prime Minister Narendra Modi for taking a major decision to provide relief to the general public in view of rising global fuel prices. The excise duty on petrol has been reduced from Rs 13 to Rs 3 per litre, while the Rs 10 duty on diesel has been completely removed. Due to ongoing tensions in West Asia, crude oil prices have surged from around $70 per barrel to nearly $122 per barrel over the past mon…
New Delhi, Jan 22 (IANS) The outlook on the Indian aviation industry is “stable,” driven by the anticipation of modest growth in domestic air passenger traffic in FY26, according to an ICRA report on Thursday.ICRA has revised its forecasts for the domestic air passenger traffic growth in FY26 to 0-3 per cent, reaching 165-170 million, lower than its previous expectations of 4-6 per cent on a YoY basis. This is attributed to cross-border escalations (that led to flight disruptions and cancell…