ATF price cut by 3.7%, LPG hiked by Rs 2 per cylinder

TIL Desk/Business/New Delhi-Aviation turbine fuel (ATF) price was today cut by 3.7 per cent while subsidised LPG rate was hiked by Rs 2.07 per cylinder, the seventh increase in cooking gas price in six months.

ATF or jet fuel price was hiked by Rs 1,881 per kilolitre (kl), or 3.7 per cent, to Rs 48,379.63 per kl in Delhi. The reduction comes after two rounds of hikes, the last one being on November 1 by a steep 7.3 per cent.

 Simultaneously, the rate of subsidised LPG rate was hiked and it will now cost Rs 432.71 per 14.2-kg cylinder as against Rs 430.64 previously.