INSUBCONTINENT EXCLUSIVE:
Aviation turbine fuel (ATF) prices were reduced by up to 5.9 per cent with effect from July 1
The price of aviation turbine fuel - or jet fuel - was slashed by Rs
3,806 per kilolitre to Rs
61,200 per kilolitre in Delhi, according to state-run Indian Oil Corporation's website, iocl.com
That marked the second straight monthly reduction in the rates of jet fuel
After the revision, jet fuel rates stood at Rs 67,153.85 per kilolitre in Kolkata, Rs 61,199.79 per kilolitre in Mumbai and Rs 62,174.78 per
rupees per kilolitreDelhi65,006.861,200.36Kolkata70,421.4167,153.85Mumbai64,946.0461,199.79Chennai66,069.5562,174.78The reduction in ATF
rates will ease the burden of cash-strapped airlines that are already reeling under pressure from cut-throat competition in the
dollar exchange rate in the preceding month.Meanwhile, LPG or cooking gas prices were also reduced with effect from July 1, 2019, reversing
a rising trend in the past four months.The non-subsidised LPG price has been revised to Rs
637 per cylinder in Delhi, Rs
662.5 per cylinder in Kolkata, Rs
608.5 per cylinder in Mumbai and Rs
652.5 per cylinder in Chennai from July 1.The subsidised LPG rates stand at Rs
494.35 per cylinder in Delhi, Rs
497.47 per cylinder in Kolkata, Rs
492.04 per cylinder in Mumbai and Rs
482.23 per cylinder in Chennai.Get Breaking news, live coverage, and Latest News from India and around the world on
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