NEW DELHI: State-run fuel retailers on Wednesday raised domestic LPG — liquefied petroleum gas or cooking fuel supplied to households in 14.2-kg refills — prices by Rs 50, marking the fist increase since July last year on hardening benchmark rates.
Rates of 19-kg commercial refills used by neighbourhood eateries, caterers and hotels were also raised by Rs 350.50 to Rs 2119.50 in Delhi. The rates in other vary according to local levies.
But there was relief for airlines as jet fuel rates were cut by 4%. Since fuel accounts for 40% of their operational expenses, the reduction will help boost bottom lines amid booming business.
