AVIATION TURBINE FUEL
New jobs, sewerage projects, VAT cut on aviation fuel: Nitish Kumar Cabinet approves 47 Key proposals for Bihar
Nitish Kumar led a cabinet meeting in Bihar. Forty-seven proposals got approval. These included infrastructure projects and new government jobs. A sewerage project for Sasaram, Aurangabad, and Siwan was approved. A water supply scheme for Ara, Siwan, and Sasaram also received clearance. VAT on Aviation Turbine Fuel reduced. A dry dock in Dujra, Patna will be built.
Bihar slashes VAT on aviation turbine fuel to 4% to boost air connectivity
The Bihar Cabinet has approved a significant reduction in the value-added tax (VAT) on aviation turbine fuel (ATF), lowering it from 29% to 4%. This decision, aimed at attracting more commercial flights under the Regional Connectivity Scheme, is expected to reduce air ticket prices and boost tourism across all airports in the state.
Commercial LPG cylinder price cut by Rs 24, ATF rate by Rs 2,414.25; effective June 1
Good news for businesses. Oil marketing companies have reduced the price of 19 kg commercial LPG cylinders. The price cut is Rs 24. The new rate in Delhi is Rs 1,723.50. This follows an earlier reduction in April. The change affects restaurants and hotels. Domestic LPG prices remain the same. Companies revise prices monthly based on global factors.
India has opportunity to become net exporter of sustainable aviation fuel: Boeing executive
Boeing executive Salil Gupte says India can become a net exporter of Sustainable Aviation Fuel. He spoke at CII's Annual Business Summit 2025. India has ample feedstock for SAF production. This includes agricultural waste. The country can meet over 5% of global SAF needs. India's role in biofuel industrialization for aviation is crucial.
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 30%, according to analysts
As investors, it is best to ignore what is happening to the Nifty and Sensex… especially on the day of expiry of the monthly contracts in the derivative segment. Index movement is impacted on that day by unwinding and rollover of positions. So, today, don’t look at the indices because they are going to move for reasons that have nothing to do with anything fundamental. Keep an eye on market breadth, and that has been positive in the mid-cap space for some time. Also, focus on the performance of a sector in Q4. Because the street is going to be in stock-specific mode for some time to come.
I-Sec maintains Buy on ONGC, lowers target price to Rs 350
ICICI Securities maintains a buy call on ONGC, revising the target price to Rs 350 due to bearish realisation trends. Q4FY25 saw mixed results with revenue growth offset by higher exploration write-offs, impacting net earnings. Despite a slight dip in oil and gas output, management anticipates significant production growth over the next few years.
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Sometimes only ‘Hold’ is required for wealth creation: 18 large, mid- and small-caps stocks with upside potential of up to 55%
Does anyone have any control over what President Trump may say or do next? Can anyone predict how China, or for that matter the EU, will react to what Trump does? The answer is no. So, when you cannot predict what the main players behind global economic and financial moves do, why try to predict what will happen to stock prices? And, why are we bringing this up at this juncture? While markets are largely about buying and selling, wealth creation is also about holding stocks. There are times when it is more important to just hold on to stocks.
Agnikul ignites India’s first electric motor-driven semi-cryogenic rocket engine
The spacetech startup’s cofounder and CEO shared a video of the engine being throttled to different levels of thrust. Electric motor-driven throttling helps with higher accuracy and rapid response, and this test is a major milestone towards firing a cluster of engines together, he wrote in a social media post.
Selectively position in largecaps, avoid over enthusiasm: Sudip Bandyopadhyay
The entire trade war scenario which was developing around us with the US president going on about it, things are cooling down a bit. With their kind of truce with China for 90 days, with very reasonable tariffs on both the sides augurs definitely well for US economy and the global economy as well.
Civil aviation minister Naidu holds meeting with airlines' representatives; discusses various issues
Civil Aviation Minister K Rammohan Naidu addressed flight disruptions caused by recent airport closures due to the India-Pakistan conflict, urging airlines to acknowledge the armed forces. Airlines raised concerns about Viability Gap Funding losses during closures and requested tax relief on Aviation Turbine Fuel. Enhanced security measures and airspace changes may affect flight schedules and processing times.
Kotak Equities reshuffles model portfolio; adds IndiGo, Pidilite; reduces Dabur. Here’s what changed
Kotak Institutional Equities rebalanced its model portfolio, raising weights in InterGlobe Aviation and Pidilite Industries while dropping Dabur due to poor execution. Despite geopolitical tensions, markets remain resilient with strong FPI inflows. However, Kotak stays cautious on high valuations, muted earnings growth, and pressures in mid- and small-cap stocks.
These 13 energy sector stocks may deliver more than 27% return in one year
Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks, along with detailed company analysis focusing on five key components: earnings, fundamentals, relative valuation, risk, and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
A bigger and cleaner play on economic recovery: 10 logistics stocks with an upside potential of more than 43%
At this point of time, everyone is talking about the slowing economy. A smart investor on the street, however, will be thinking of what to do when recovery begins. Why? Because, by the time everyone starts talking about a recovery, stock prices would have already moved ahead. Logistics is a sector which is a direct play on the economic growth of a country. The reason: If the economy is doing well, more goods will be produced and they will have to be transported. And that is why, in large and developed economies, logistics companies form part of a very important Transportation Index.
Petrol sales rise 4.6 per cent, diesel 4 per cent
Aviation turbine fuel (ATF) sales expanded 3.2% and LPG 6.7%. The sales trend in April significantly varied from March when petrol sales had grown 5.7% year-on-year, diesel by 0.9%, ATF by 5.7% and LPG by 4.2%.
Commercial LPG rates slashed by Rs 14.50, price of jet fuel cut by 4.4 per cent
Jet fuel prices in Delhi have been reduced by 4.4%, marking the second cut in a month, alongside a Rs 14.50 decrease in commercial LPG cylinder prices. These reductions offset earlier price increases, influenced by softening international oil prices due to concerns over global trade and demand. Domestic LPG rates remain unchanged, while petrol and diesel prices are frozen.
What’s in store for the rest of 2025? The answer may be in what managements of these 30 companies say in the next 42 days
Do you remember how the current market correction was sparked in late September 2024? By the statement of a senior auto executive who mentioned that festive season sales were not as per expectation. The street was smart enough to take the hint, and we saw what happened in the Q3 earnings season. As the Q4 earnings season kickstarts, you need to keep an eye on the numbers of this set of companies. More importantly, listen carefully to what their managements say. Because, for one, they have first-hand knowledge of what is happening in their industries. And, collectively, what they say will throw light on what is happening in the economy. Now, the list of companies is long. But then, who said making money in the market is easy.
RIL-BP jet fuel market share rises to 7.5% in FY25
Reliance Industries (RIL) and its British partner BP boosted their share in the domestic aviation turbine fuel (ATF) market by 2.5 percentage points, spurred by a 62% sales growth in the just-ended fiscal year. RIL-BP's market share rose to 7.5% in 2024-25 from 5% in previous year, according to industry data.
Jet fuel and commercial LPG prices reduced in April revision
LPG Price cut: Oil marketing companies (OMCs) have reduced the price of 19-kg commercial LPG cylinders by Rs 41, effective April 1, 2025. In Delhi, the new price is Rs 1,762. This follows a Rs 6 hike in March after a Rs 7 reduction in February. Businesses such as hotels and restaurants are affected by these fluctuations. Domestic LPG prices remain unchanged.
Cut VAT on ATF or risk flight diversion, Delhi told
Minister Rammohan Naidu Kinjarapu urged Delhi CM Rekha Gupta to lower VAT on aviation fuel. He warned that high VAT could drive airlines to the soon-to-open Greater Noida airport due to its lower tax. This could impact Delhi airport's traffic and costs. Reduction is necessary to maintain competitiveness and economic activity. VAT on ATF varies across states.
IndiGo introduces fuel surcharge due to hike in ATF price hike
IndiGo, India's largest domestic airline, has introduced a fuel charge of up to Rs 1,000 to offset the increasing cost of Aviation Turbine Fuel (ATF). The charge will apply to both domestic and international routes. Other airlines are expected to follow suit by either incorporating the charge into their base fare or implementing a similar surcharge. ATF accounts for over 40% of Indian carriers' operational expenses. The fuel charge will be based on distance, ranging from Rs 300 for distances up to 500 km to Rs 1,000 for distances over 3501 km.
Aviation turbine fuel price hiked by 2% to all-time high; no change in petrol, diesel prices
Aviation turbine fuel (ATF) - the fuel that helps aeroplanes fly - was hiked by Rs 2,258.54 per kilolitre, or 2 per cent, to Rs 1,12,924.83 per kl in the national capital, according to a price notification by state-owned fuel retailers.
ATF price hiked by 8.5%; touches all-time high due to int'l oil prices
Tuesday's price hike is the third increase in a month. Rates were hiked by Rs 2,039.63 per kl or 2.75 per cent to Rs 76,062.04 per kl on January 1 and then again by Rs 3,232.87 per kl or 4.25 per cent to Rs 79,294.91 per kl on January 16. These increases in the rate came on the back of two rounds of price cuts seen in December that reflected a drop in international oil prices during the second half of November and mid-December.
Aviation turbine fuel price hiked by 5.8%
Aviation turbine fuel (ATF) price in Delhi was increased by Rs 3,972.94 per kilolitre, or 5.79 per cent, to Rs 72,582.16 per kl, according to a price notification of state-owned fuel retailers. Jet fuel prices are revised every fortnight in line with international benchmarks.
India's fuel consumption falls 18% as coronavirus eviscerates energy demand
India's petroleum product consumption fell 17.79 per cent to 16.08 million tonnes in March as diesel, petrol and aviation turbine fuel (ATF) demand fell, according to official data released on Thursday.
ATF price cut by 12 pc; freeze on petrol, diesel price continues
State-owned oil firms cut aviation turbine fuel price by Rs 6,687.75 per kilolitre or 11.76%, to Rs 50,171.26 per kl - the lowest since September 2017. This is the third straight reduction in jet fuel rates since February, which make up for as much as 40 per cent of an airline's running cost. In all, rates have fallen by Rs 14,152.5 per kl or 22%.
Aviation Turbine Fuel price cut by 1%, LPG rate up by Rs 15.5
Aviation Turbine Fuel (ATF) price in Delhi was cut by Rs 596.62 per kilolitre or 0.9 per cent, to Rs 62,698.86 per kl.
Aviation Turbine Fuel price cut marginally; non-subsidised LPG rate hiked
Prior to that, rates were cut by Rs 25.50 on September 1, Rs 23.50 on August 1 and by Rs 18 per cylinder to Rs 608.50 on July 1.
ATF price hiked by 8.2 per cent; non-subsidised LPG to cost Rs 5 more
The rate hike follows seven consecutive monthly cuts since August, the last being by 11.27 per cent (Rs 5,909.9 per kl) from February 1.
Oil PSUs questioned on aviation turbine fuel pricing
Oil Minister Veerappa Moily has questioned state oil firms for charging about 25% more for jet fuel supplied to Indian carriers and sought their explanation.
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