Commercial LPG, jet fuel prices cut ahead of polls
₹30.5- ₹32.0 across the four metros. The reduction in prices comes ahead of the Lok Sabha elections which are scheduled to start on 19 April. In the national capital, the 19-kg commercial cooking gas cylinder is priced at ₹1,764.50, lower by ₹30.5.
In March, the price was at ₹1,795 per cylinder. Similarly, the prices in Kolkata, Mumbai and Chennai were lowered by ₹32, ₹31.5 and ₹30.5 to ₹1,879, ₹1,717.50 and ₹1,930 per cylinder with effect from Monday. The prices were raised by about ₹25 on 1 March.
The reduction in prices may come as a relief for hotels and restaurants, the major consumers of commercial LPG cylinders. LPG prices are usually revised on the first of every month, and sometimes within the month. Further, in a move which may ease cost of airlines' operations and may also lower flight ticket prices, the OMCs have also reduced the prices of aviation turbine fuel.
The price of ATF for domestic airlines in Delhi has been set at ₹1,00,893.63 per kilolitre, lower by ₹502.91 from ₹1,01,396.54 in March. In Kolkata, Mumbai and Chennai, jet fuel will be sold for ₹1,09,898.61, ₹94,466.41 and ₹1,04,973.36 per kilolitre, against ₹1,10,297, ₹94,809 and ₹1,05,399 in March. ATF prices for Indian airlines on international operations have been revised downwards to $918.01 per kilolitre in Delhi, $956.91 in Kolkata, $917.28 in Mumbai, $913.83 per kilolitre, from $921.4, $959.49, $919.49 and $916.49 per kilolitre, respectively.
Read more on livemint.com
