The price hike in ATF is linked to higher global oil prices, caused by political tensions and trade conflicts. This will add more cost for commercial airlines, as fuel makes up around 40% of their total expenses. Airlines did not comment immediately on how this hike will affect them.
The reduction in fuel rates today provides some respite for consumers, especially as fuel prices continue to be revised daily. Read further on Dynamite News:
The rupee recovered 9 paise to settle at 83.31 (provisional) against the US dollar on Thursday on the back of softening American currency as well as crude oil prices in the overseas market. Read further on Dynamite News:
In the wake of surging prices of garlic in Madhya Pradesh’s Chhindwara, farmers have now come up with innovative measures to protect the produce by installing CCTV cameras in their fields. Read further on Dynamite News:
In a relief for consumers, who were forced to go off tomatoes after its prices went through the roof across the country, the Centre on Sunday reduced the wholesale price of tomatoes from Rs 90 to Rs 80 per kg. Read further on Dynamite News:
Prices of commercial LPG cylinders have been slashed by Rs 83.50 to Rs 1,773 per unit of 19 kg with immediate effect.
Prices of natural gas, which is used to generate electricity, make fertiliser and is converted into CNG to run automobiles, is likely to rise to record levels at the rate review scheduled this week, sources said. Read more on Dynamite News:
Petrol and diesel prices witnessed a hike for the seventh consecutive day across the country on Tuesday.
Gold in the national capital on Thursday rallied by Rs 382 to Rs 46,992 per 10 gram amid a jump in international precious metal prices, according to HDFC Securities.
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