Synopsis: Jet fuel prices were raised by a marginal 0.2 percent on Saturday, marking the eighth increase this year. A surge in global crude oil prices has driven ATF prices to a record high this year, putting substantial financial strain on the aviation sector
Synopsis: Hikes in prices of petrol and diesel prices in India is likely to resume next week as state elections draw to a close. The prices of petrol and diesel had remained unchanged for a record 118 days in a row as state elections were slated to take place in Uttar Pradesh, Punjab and three other states
Synopsis: If the government reduces excise duty on petrol and diesel to pre-pandemic rates (March 2020) in view of the record high prevailing crude oil prices, it would entail a total revenue loss to the centre of Rs 92,000 crore next financial year (2022-23), rating agency ICRA has said
Synopsis: Aviation Turbine Fuel (ATF) prices have surged to record highs on Wednesday after oil marketing companies (OMCs) increased rates by 5.2 percent in line with the flare in global crude oil prices
PSU Watch is a business news brand of 27 Frames Communications LLP. It places the spotlight on PSUs, Governance, Bureaucracy, Defence and Public Policy as the sector traverses through a period of radical change.