Indian Oil raises jet fuel prices by 2.9% from today
Shares of aviation companies tumbled after the announcement. Image Source: Pixabay
Petrol price hiked 47 paise, diesel 93 paise; ATF rates up by 16.3 pct 
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Suresh Prabhu bats for bringing ATF under GSTIndian Oil on Wednesday announced a 2.9% hike in jet fuel prices in Delhi to Rs 54,079.63 per kilo litre.
The company said the hike in price would be effective from today onwards.
Shares of aviation companies tumbled after the announcement.
IndiGo shares plummeted 5.65%, while Jet Airways and Spicejet fell 2.69% and 1.54% respectively on BSE Sensex at 0945 hours.
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