Govt slashes windfall taxes on diesel, jet fuel; oil stocks surge
In the sixth round of revision, the windfall tax on domestic crude oil has been slashed by 24% to ₹8,000 per tonne from ₹10,500.
jet fuel
October 2022
May 2022
March 2022
November 2021
May 2019
August 2018
Jet fuel prices see 5% jump in 10th hike this year
The hike in ATF prices is likely to make air travel more expensive as aviation fuel constitutes around 40% of the running cost of an airline.
Aircraft fuel prices at record high after 5th hike this year
Aviation turbine fuel (ATF) prices have been hiked by 3.3% to a record high of ₹93,530.66 per kilolitre in Delhi.
Why are airlines in India at the edge of a precipice?
Pressure to reduce duties on ATF mounts as surging prices increase stress on a sector in the doldrums.
Jet: A flawed flight plan?
Lenders have sought bids for a controlling stake in the grounded flier. But experts say the process should have been completed sooner.
SpiceJet operates India’s first biofuel flight
SpiceJet plans to operate 25% of its flights using biofuel, most probably on short-haul routes, and the rest on traditional jet fuel.
