(ET)
Aviation turbine fuel (ATF) prices were hiked by 5 percent, taking it to Rs.1.23 lakh per kilolitre in the national capital, according to state owned fuel retailers. Indian Oil Corporation In the nine hikes beginning January 1, jet fuel prices have been hiked 61.7 percent from Rs 72,062 per kilolitre to Rs 1.23 lakh per kilolitre. Meanwhile, petrol and diesel prices remained unchanged for the 40th straight day after rising by a record Rs 10 per litre each. Fuel prices were last hiked on April 6 by 80 paise a litre each. While jet fuel prices are revised on the 1st and 16th of every month, petrol and diesel rates are revised daily based on equivalent rates in the international market.
