IOC, HPCL and BPCL had earlier this month threatened to snap aviation turbine fuel supplies to Air India.
18 Oct 2019 10:44 AM
The monthly payment was besides the airline being put on cash-and-carry where it was given fuel only against cash payment.
15 Oct 2019 4:44 PM
Air India offered to pay Rs 60 crore which is a drop in the ocean of what oil marketing companies owe.
23 Aug 2019 1:24 PM
The company is preparing its Jamnagar complex to be future ready as fuel demand undergoes change.
11 Aug 2019 12:07 PM
Gasoline and jet fuel demand are expected to rise by 7-8 pc this year, while diesel consumption could increase by 3 pc.
25 Jun 2019 2:02 PM
Jet fuel cracks have shed about 9 pc in the last 1 week, and are currently about 7 pc weaker than this time last year.
13 Mar 2019 2:16 PM
The price of ATF was hiked by Rs 4,734.15 per kilolitre, or 8.15 per cent, to Rs 62,795.12 per kl in Delhi.
01 Mar 2019 5:55 PM
ATF costs just a shade higher than the price charged for kerosene sold through non-PDS outlets in Delhi.
01 Jan 2019 2:42 PM
Jet fuel was priced at Rs 47,013 per kl in July last year and has risen by 58.6 per cent since then.
11 Oct 2018 8:54 AM
The government, last week, hiked import duty on aviation turbine fuel to 5 per cent.
02 Oct 2018 2:15 PM
Industry sources said the low-cost private carrier’s total import accounts for 10-12 per cent of its fuel bill.
28 Sep 2018 10:56 AM
Shares of Jet Airways tumbled 4.82 per cent, SpiceJet 1.95 per cent and InterGlobe Aviation 1.27 per cent on BSE.
27 Sep 2018 4:50 PM
However, fitting the two products in the 5, 12, 18 and 28 per cent GST tax slabs is proving to be difficult.
15 Jul 2018 11:40 AM
Reliance, which produces a fourth of India's aviation turbine fuel, wants access to the pipelines.
15 Jul 2018 11:28 AM
A household is entitled to 12 cylinders of 14.2-kg each at subsidised rates in a year.
01 Jun 2018 3:48 PM
The Asia Pacific region makes up over one-third of the global air passenger market.
07 May 2018 1:39 PM
Rapid growth in appetite for aviation fuel means the country’s refiners are far less likely to send cargoes abroad.
18 Apr 2018 12:46 PM
Non-subsidised LPG cylinder now costs Rs 676 in Kolkata, Rs 625 in Mumbai and 663.50 in Chennai.
03 Apr 2018 9:34 AM