Jet fuel price hike
New Delhi, March 31: State-owned oil companies today hiked jet fuel price by about 3 per cent, the third time they have increased rates this month. The price of aviation turbine fuel (ATF), or jet fuel, in Delhi was hiked by Rs 1,850.96 per kilolitre (kl), or 2.8 per cent, to Rs 67,800.30 per kl with effect from midnight tonight, Indian Oil Corporation said on behalf of the industry.
Mumbai, March 31: The country’s foreign exchange reserves rose to $295.14 billion as on March 23 from $294.82 billion in the previous week. Changes in foreign currency assets, expressed in dollar terms, include the effect of appreciation or depreciation of other currencies held in its reserves, the Reserve Bank of India said.
Mumbai, March 31: The State Bank of India today said its executive committee had approved the issuance of 3.65 crore equity shares through preferential allotment to the government as part of its capital infusion.