LIVE TV DownloadNews18 App
News18 English
Powered by cricketnext logo
»
1-min read

Subsidised LPG Hiked by Rs 7 Per Cylinder, Jet Fuel by 4%

Indian Oil Corp (IOC) announced that the price of a subsidised 14.2kg LPG cylinder will now be Rs 487.18 in Delhi, as against Rs 479.77 earlier.

IANS

Updated:September 1, 2017, 6:34 PM IST
facebookTwittergoogleskypewhatsapp
Subsidised LPG Hiked by Rs 7 Per Cylinder, Jet Fuel by 4%
Oil marketing companies (OMCs) revise rates of LPG and jet fuel on the first of every month.
Loading...
New Delhi: State-run oil marketing firms hiked the price of subsidised cooking gas by Rs 7 per LPG cylinder, effective from Friday, as part of the decision to increase prices every month so as to eliminate subsidies.

Petroleum Minister Dharmendra Pradhan had informed Parliament in July of the government's decision to raise LPG prices by Rs 4 per cylinder every month to eliminate all the subsidies by the end of the current financial year.

Indian Oil Corp (IOC) announced that the price of a subsidised 14.2kg LPG cylinder will now be Rs 487.18 in Delhi, as against Rs 479.77 earlier.

Oil marketing companies (OMCs) revise rates of LPG and jet fuel on the first of every month.

Subsidised LPG rates were raised last by Rs 2.31 per cylinder on August 1.

The price of non-subsidised LPG, which consumers buy at market rates after exhausting their subsidised quota of 12 cylinders, was also raised by Rs 73.5 to Rs 597.50 per cylinder.

The prices of aviation turbine fuel (ATF), or jet fuel, were also increased from Friday by 4 per cent in line with global rates

ATF now costs Rs 50,020 per kilolitre in Delhi, as against the earlier price of Rs 48,110.

Jet fuel prices vary with airports depending on local taxes.

Catch the biggest newsmakers and the biggest newsbreaks on CNN-News18, the only news destination. Keep watching CNN-News18 at just 50 paise per month. Contact your cable/DTH operator now!

*Rental/capacity fee of Rs. 130/- as charged by cable/DTH operator may apply. **GST extra.
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Sun Pharma 390.75 -8.39
Reliance 1,184.35 4.40
Jet Airways 281.20 -1.44
Yes Bank 198.60 -1.44
HUL 1,744.10 -0.42
Company Price Change %Gain
Sun Pharma 390.75 -8.52
Reliance 1,182.95 4.34
ICICI Bank 371.90 -0.39
Jet Airways 281.35 -1.21
Yes Bank 198.25 -1.59
Top Gainers
Company Price Change %Gain
Reliance 1,184.35 4.40
Wipro 346.15 3.21
Kotak Mahindra 1,240.20 1.66
Hindalco 208.80 1.36
Adani Ports 399.30 1.22
Company Price Change %Gain
Reliance 1,182.95 4.34
Kotak Mahindra 1,237.35 1.41
HCL Tech 964.50 1.02
Asian Paints 1,401.30 0.85
ONGC 146.25 0.79
Top Losers
Company Price Change %Gain
Sun Pharma 390.75 -8.39
Bharti Airtel 311.15 -6.29
GAIL 322.15 -3.08
Larsen 1,317.90 -2.09
HPCL 239.50 -1.92
Company Price Change %Gain
Sun Pharma 390.75 -8.52
Bharti Airtel 310.95 -6.42
Larsen 1,318.25 -2.07
Axis Bank 664.30 -1.77
Yes Bank 198.25 -1.59

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results