Govt caps ATF price hike for domestic airlines at 25% amid global fuel shock

April 1, 2026 4:14 PM

Govt caps ATF price hike for domestic airlines at 25% amid global fuel shock

In a move aimed at shielding domestic air travel from a sharp surge in global fuel prices, the government has capped the increase in Aviation Turbine Fuel (ATF) prices for domestic airlines at 25%, significantly lower than the over 100% rise indicated by international benchmarks. The Ministry of Petroleum and Natural Gas said the intervention comes in response to an “extraordinary situation in global energy markets” triggered by the closure of the Strait of Hormuz, a critical route for glob...

Natural gas, aviation fuel likely to come under GST: Hardeep Puri

January 24, 2025 9:30 PM

Natural gas, aviation fuel likely to come under GST: Hardeep Puri

Union Petroleum and Natural Gas Minister Hardeep Puri stated on Friday that there is an increasing consensus on bringing natural gas under the Goods and Services Tax (GST) regime. However, he refrained from specifying a timeline for this development. Addressing a press conference, Puri emphasized the progress made in LPG connections, citing the PM Ujjwala scheme. “LPG is 100 per cent saturated,” he said. On the issue of LPG being under GST, Pankaj Jain, Petroleum and Natural Gas Secretary, ...