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ATF PRICING MECHANISM
IndiGo shares crack nearly 30% from peak. Will Iran war, soaring oil prices cause more turbulence?InterGlobe Aviation faces significant challenges in 2026 due to new FDTL norms causing pilot shortages and widespread disruptions. The Isra...
Cabinet approves Rs 10,000 crore fund to cap jet fuel prices; clears Rs 24,249 crore highway projectsAviation Turbine Fuel prices will be capped by state-run oil companies. The government has approved a ₹10,000 crore support scheme. This ai...
Cabinet approves Rs 10,000 crore for ATF price stabilization fundThe Union Cabinet has approved a Rs 10,000 crore Aviation Turbine Fuel Price Stabilisation Fund. This fund aims to protect airlines and pas...
NEET-UG set to be conducted in computer-based test mode from 2027, NTA informs Supreme CourtNEET paper leak: The proposed shift comes amid heightened scrutiny of the examination process after allegations of paper leaks, irregularit...
Should petrol, diesel prices go up by Rs 25 per litre? Oil companies are staring at Rs 1,380 crore daily lossIndian fuel retailers are facing steep under-recoveries despite a recent Rs 3 hike, with analysts estimating losses of Rs 25/litre and dail...
Petrol-diesel price hike coming soon? Why IMF says it mustSpeculation mounts over potential petrol and diesel price hikes as assembly elections conclude, despite government assurances. The IMF urge...
Congress demands withdrawal of circular asking Haj pilgrims to pay Rs 10,000 moreThe Congress party has demanded the withdrawal of a Rs 10,000 airfare increase for Haj pilgrims. The party alleges the Modi government has ...
Airport operators urge MoCA for urgent relief amid 25% cut charges to compensate revenue lossAirport operators are requesting urgent government support. A 25 percent cut in landing and parking fees for domestic flights has impacted ...
Air India, IndiGo, SpiceJet seek ATF price relief; say airline industry on verge of 'stopping operations'Indian airlines Air India, IndiGo, and SpiceJet are in severe financial distress. They warn of halting operations due to soaring jet fuel c...
OMCs are still bleeding despite excise cut; Probal Sen on what the market is missingIndia's petrol excise duty cut brings some relief to consumers. However, Oil Marketing Companies continue to face significant losses. Analy...
New ATF pricing method on cards; airlines eye reliefThe civil aviation ministry is also engaging with states to bring VAT on ATF within the range of 1-4%. "In 2020, 12 states had VAT on ATF i...
Parliamentary panel pitches for capping airfaresAccording to the panel, some airlines are charging more than ten times of the advance booking fare around festivals and for bookings made c...
Capping airfares will push ticket prices higher: Ashok Gajapathi RajuRaju's remarks assume significance against the backdrop of concerns that at times airlines are charging exorbitant prices for tickets.
Meeting to discuss jet fuel tax, other issuesThe meeting would also discuss regional connectivity, development of new airports, apart from VIP plane and helicopter operations and relat...
Oil PSUs questioned on aviation turbine fuel pricingOil Minister Veerappa Moily has questioned state oil firms for charging about 25% more for jet fuel supplied to Indian carriers and sought ...
- Airfare hike: Civil Aviation Ministry asks DGCA to examine the matter
Aviation regulator DGCA has been asked by Civil Aviation Ministry to examine if it could take some steps provide any relief to air travelle...
- Govt may extend tax sops on ATF to local airlines
The government is likely to extend tax concessions to domestic carriers on aviation turbine fuel (ATF), similar to what is enjoyed by forei...