GET Stock QuotesNews18 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.
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Bajaj Finance 2,083.35 -1.51
Indiabulls Hsg 734.65 3.01
Reliance 1,054.70 -0.75
IndusInd Bank 1,473.15 1.64
Dewan Housing 192.90 2.39
Company Price Change %Gain
Indiabulls Hsg 735.05 2.88
Bajaj Finance 2,083.95 -1.63
Eicher Motors 22,287.50 -0.27
Dewan Housing 193.45 1.76
Asian Paints 1,138.80 -5.21
Top Gainers
Company Price Change %Gain
HPCL 217.90 3.47
Indiabulls Hsg 734.65 3.01
HDFC 1,686.75 1.72
IndusInd Bank 1,473.15 1.64
Bajaj Auto 2,586.50 1.16
Company Price Change %Gain
IndusInd Bank 1,473.40 2.16
HDFC 1,689.90 1.79
Yes Bank 213.65 1.26
Bajaj Auto 2,586.40 1.16
Adani Ports 318.25 1.13
Top Losers
Company Price Change %Gain
Asian Paints 1,138.45 -5.16
Sun Pharma 575.85 -5.12
Wipro 309.10 -4.07
Grasim 825.95 -3.66
UltraTechCement 3,343.65 -3.45
Company Price Change %Gain
Asian Paints 1,138.80 -5.21
Sun Pharma 576.30 -5.07
Wipro 309.30 -3.93
TCS 1,844.15 -3.05
Infosys 657.85 -3.01

Live TV

Loading...
Loading...