ATF price hiked 1.45%, commercial LPG up Rs 16.5 per cylinder
New Delhi, Dec 1: Jet fuel, or ATF, price on Sunday was hiked by 1.45 per cent and rates of commercial LPG used in hotels and restaurants increased by Rs 16.5 per 19-kg cylinder in the monthly revision done in line with international oil price trends.
The aviation turbine fuel (ATF) price was increased by Rs 1,318.12 per kilolitre, or 1.45 per cent, to Rs 91,856.84 per kl in the national capital - home to one of the busiest airports in the country, according to state-owned fuel retailers.
This is the second straight monthly increase in jet fuel prices. Rates were increased by Rs 2,941.5 per kl (3.3 per cent) on November 1. That hike came after two rounds of reduction which had taken the rates to their lowest level this year. ATF price on October 1 was cut by 6.3 per cent (Rs 5,883 per kl) and by Rs 4,495.5 per kl, or 4.58 per cent on September 1.
The ATF price in Mumbai was increased to Rs 85,861.02 per kl on Sunday from Rs 84,642.91 previously.
Oil firms also increased the price of commercial LPG by Rs 16.5 to Rs 1818.50 per 19-kg cylinder.
This is the fifth straight monthly hike in commercial LPG price. Rates were hiked by Rs 62 per 19-kg cylinder at the last revision on November 1.
In five price increases, commercial LPG rates have hiked by Rs 172.5 per 19-kg cylinder. Rates are now at their highest level in one year.
The increases negated the four monthly reductions prior to the current cycle that started in August. In the four rounds, prices had been cut by Rs 148 per 19-kg cylinder.
Commercial LPG now costs Rs 1771 per 19-kg cylinder in Mumbai, Rs 1,927 in Kolkata and Rs 1,980 in Chennai.
Prices of ATF and LPG differ from state to state depending on the incidence of local taxes including VAT.
The rate of cooking gas used in domestic households, however, remained unchanged at Rs 803 per 14.2-kg cylinder.
State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) revise prices of ATF and cooking gas on the first of every month based on the average price of benchmark international fuel and foreign exchange rate.
Prices of petrol and diesel continue to remain frozen. Rates had been cut by Rs 2 per litre in mid-March ahead of the general elections. Petrol costs Rs 94.72 a litre in Delhi while diesel is priced at Rs 87.62.
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Congress to hold convention in Hassan on December 5: Deputy CM DK Shivakumar
Bengaluru, Dec 1: Karnataka Deputy Chief Minister D K Shivakumar on Sunday said the Congress would hold a convention on December 5 at Hassan to protect the Constitution.
Speaking to reporters after a preparatory meeting at the KPCC office, Shivakumar, who is also the state Congress chief, said many leaders of the party have expressed their intention to hold the party convention in Hassan.
All the ministers and district in-charges are making necessary preparations. Many organisations and communities have supported this event, he said.
"AICC leaders have directed us to organise a programme on protection of the Constitution and developments in the country. We held a preparatory meeting at KPCC office with the leaders and office bearers of four districts. All leaders of the party will be invited to the convention,” he added.
Shivakumar said the party will invite all those who are championing the cause of the Constitution. The objective of the convention will also be to create awareness against those spreading propaganda against the state government, he said.
He said the Congress will also hold events at Sandur and Shiggavi to express gratitude to the people who blessed the party candidates to win in the recent assembly bypolls.
A similar event will also be held in Channapatna where Congress candidate C P Yogeeshwara won the assembly bye-election, the deputy CM said.
To a question on Zilla Panchayat and Taluk Panchayat elections, he said, “The elections will be held soon. We have discussed this in the Cabinet meeting. We are preparing for elections in February next year.”
When asked whether such a convention would be conducted across the state, he said, “We have to do it across the state. After the Hassan convention, we have a big programme in Belagavi. We will share more information on the programme after a meeting tomorrow.”
On Cabinet expansion, he said, “I am only the KPCC president and Deputy CM, and not a CM. There is no discussion on that right now and there is no need as well. Chief Minister Siddaramaiah has already replied to this question.”
