Atf

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Atf - Total results - 105
LPG gets costlier from today: Price of cylinder goes up by Rs 37 in metros; jet fuel price hiked 50%
Business

LPG gets costlier from today: Price of cylinder goes up by Rs 37 in metros; jet fuel price hiked 50%

The Oil Marketing Companies (OMCs) have hiked the price of Liquified petroleum gas (LPG) cylinder rates effective from today (1 June) to Rs 37 for a cylinder of non-subsidised LPG in metro cities.

Fuel demand shows signs of revival; petrol, diesel sales rise in May after easing lockdown restrictions
Business

Fuel demand shows signs of revival; petrol, diesel sales rise in May after easing lockdown restrictions

The drop in fuel sales in the first half of May is lower than the reduction seen during 1-15 April 2020.

Fuel demand hit: Petrol sales down 61%, diesel at 56.5% in April; demand expected to pick up this month
Business

Fuel demand hit: Petrol sales down 61%, diesel at 56.5% in April; demand expected to pick up this month

India's fuel consumption slumped by close to 70 per cent in April as all petroleum products except LPG saw massive demand erosion following a nationwide lockdown halted economic activity and travel

Coronavirus Outbreak: Fuel sales slump 50% in first half of April; petrol down 64%, diesel 61%, ATF 94%
Business

Coronavirus Outbreak: Fuel sales slump 50% in first half of April; petrol down 64%, diesel 61%, ATF 94%

India's fuel consumption slumped by a record 50 percent in April as all petroleum products except LPG saw massive demand erosion following a nationwide lockdown halted economic activity and travel

Coronavirus Outbreak: Petrol, diesel demand to pick up as govt allows trucks to ply, some industries to resume ops
Business

Coronavirus Outbreak: Petrol, diesel demand to pick up as govt allows trucks to ply, some industries to resume ops

Petrol and diesel consumption, which saw its biggest-ever decline in the aftermath of a nationwide lockdown, is likely to pick up in the second half of the month as the government has allowed trucks to ply as well as farmers and industries in rural areas to resume operations after 20 April

Coronavirus Outbreak: Petrol, diesel demand slumps 66% in April; ATF down 90% due to nation-wide lockdown
Business

Coronavirus Outbreak: Petrol, diesel demand slumps 66% in April; ATF down 90% due to nation-wide lockdown

India’s fuel consumption slumped by over 66 percent in April as a nationwide lockdown halted economic activity and travel, which eviscerated demand

Coronavirus Outbreak: IOC declares force majeure on oil purchases from Saudi, UAE, Iraq, Kuwait
Business

Coronavirus Outbreak: IOC declares force majeure on oil purchases from Saudi, UAE, Iraq, Kuwait

India's top oil firm IOC has declared force majeure on crude purchases from four of its biggest suppliers - Saudi Arabia, Iraq, UAE and Kuwait - as refinery run rates have been cut down in view of plummeting fuel demand following a nationwide lockdown

Coronavirus Outbreak: IOC cuts crude processing by 25%-30% on low fuel demand; several industries to shut operations
Business

Coronavirus Outbreak: IOC cuts crude processing by 25%-30% on low fuel demand; several industries to shut operations

State-owned IOC controls about a third of India’s 5 million barrels per day (bpd) refining capacity.

Jet fuel price cut by steep 10%; non-subsidised cooking gas costs Rs 53 less as international oil declines
Business

Jet fuel price cut by steep 10%; non-subsidised cooking gas costs Rs 53 less as international oil declines

Jet fuel (ATF) prices were on Monday slashed by a steep 10 percent, the second straight reduction in rates in as many months, as international oil prices slumped on fears of the spread of coronavirus

Indian aviation sector outlook remains 'negative' amid coronavirus outbreak: ICRA report
Business

Indian aviation sector outlook remains 'negative' amid coronavirus outbreak: ICRA report

The outlook for India's aviation industry remains "negative" in the wake of coronavirus outbreak, which has resulted in many international passengers cancelling their travel to South East Asian countries, according to rating agency ICRA

Non-subsidised LPG price hiked by Rs 19 per cylinder, jet fuel cost up 2.6% on rise in international rates
Business

Non-subsidised LPG price hiked by Rs 19 per cylinder, jet fuel cost up 2.6% on rise in international rates

Jet fuel or ATF price was on Wednesday hiked by 2.6 percent and that of non-subsidised cooking gas LPG by Rs 19 per cylinder on the back of a rise in international rates

Global oil prices set to be relatively low in 2020 on weak global demand; airlines fuel bill will decline to $182 bn: IATA
Business

Global oil prices set to be relatively low in 2020 on weak global demand; airlines fuel bill will decline to $182 bn: IATA

Oil prices have a massive effect on Indian airlines, as Aviation Turbine Fuel (ATF) takes around 40 percent of the total revenues of an air carrier in India.

Relief for Air India: OMCs defer decision to suspend fuel supplies after national carrier promises to clear dues
Business

Relief for Air India: OMCs defer decision to suspend fuel supplies after national carrier promises to clear dues

State-owned fuel retailers on Friday decided to defer their decision to suspend jet fuel supplies to Air India after the national carrier promised to make regular payments to clear outstanding dues, officials said

State-owned oil companies say Air India not honouring Rs 100 cr per month payment promise
Business

State-owned oil companies say Air India not honouring Rs 100 cr per month payment promise

State-owned oil companies on Tuesday accused Air India of not honouring its commitment to pay Rs 100 crore every month to clear overdue ATF outstanding of over Rs 5,000 crore and will be forced to snap supplies at major airports from Friday if no solution is offered

Aviation Turbine Fuel price cut by 5.8% to a four-month low as crude oil rates soften; subsidised LPG by Rs 3
Business

Aviation Turbine Fuel price cut by 5.8% to a four-month low as crude oil rates soften; subsidised LPG by Rs 3

Jet fuel price was on Monday cut by a steep 5.8 percent to a four-month low on softening international oil prices, according to state-owned fuel retailers

Jet Airways failure a 'wake up call' for aviation industry; part of blame at doorstep of policymakers: SpiceJet chief Ajay Singh
Business

Jet Airways failure a 'wake up call' for aviation industry; part of blame at doorstep of policymakers: SpiceJet chief Ajay Singh

Low-cost carrier SpiceJet is expanding its operations and is set to take on lease 30 planes that were flown by Jet Airways

Aviation turbine fuel under GST will ensure level playing field for domestic airlines: Suresh Prabhu
Business

Aviation turbine fuel under GST will ensure level playing field for domestic airlines: Suresh Prabhu

Airlines have been demanding inclusion of aviation turbine fuel in the new indirect tax regime.

Non-subsidised LPG price hiked by Rs 5 per 14.2-kg cylinder, jet fuel price by 1% to Rs 63,472 per kilolitre
Business

Non-subsidised LPG price hiked by Rs 5 per 14.2-kg cylinder, jet fuel price by 1% to Rs 63,472 per kilolitre

Jet fuel price was on Monday hiked by over one percent, the second straight monthly increase in rate coming on the back of firming global prices

India lose Junior Davis Cup, Fed Cup hosting rights as a result of Pakistan's closure of air space following Balakot strikes
Sports

India lose Junior Davis Cup, Fed Cup hosting rights as a result of Pakistan's closure of air space following Balakot strikes

The closure of Pakistan's air space following the Balakot air strikes has resulted in India losing the hosting rights of the junior Davis Cup and Fed Cup.

Aviation turbine fuel price hiked by 8.1%, cost still less than petrol, diesel
Business

Aviation turbine fuel price hiked by 8.1%, cost still less than petrol, diesel

Jet fuel price was hiked Friday by a steep 8.1 percent to its costliest level this year as international oil prices rose, state-owned oil firms said