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AVIATION TURBINE FUEL
Government notifies new airfare rules, allows intervention in extraordinary situationsThe government has notified new rules allowing it to intervene in airline ticket prices in extraordinary situations and in the public inter...
Reliance Industries shares rally 6% after Q2 results. Here’s why Jefferies, others analysts see up to 47% upsideReliance Industries shares rose up to 6% after the company reported a 41% YoY increase in Q2 net profit to Rs 25,548 crore, while revenue c...
India likely to meet FY27 fiscal deficit target despite spending pressures: Goldman SachsThe Centre appears on track to meet the fiscal deficit target set for FY27. Strong corporate tax collections are offsetting some revenue pr...
Diesel sales surged 11.7%, petrol 3.1% in OctoberDiesel sales experienced an 11.7% year-on-year increase in October due to heightened economic activity. Petrol sales, on the other hand, in...
Commercial LPG price hiked by Rs 10; ATF rates up Rs 1.37 per litre from November 1From November 1, the price of a 19-kg commercial LPG cylinder increased by Rs 10 to Rs 2,820. Aviation turbine fuel prices have also risen ...
Reliance Industries expands fuel exports to Africa, Europe as West Asia conflict disrupts suppliesReliance Industries has redirected fuel exports to Africa, the Mediterranean and other European markets to capitalise on supply disruptions...
Government scraps export duty on petrol, raises levies on diesel and ATFThe Indian government has abolished the special additional excise duty on petrol exports as of now. Diesel export levies have been raised t...
RIL Q2 Results Preview: Profit outlook brightens as O2C business set to drive growthReliance Industries is expected to report 15-17% year-on-year growth in September-quarter EBITDA, driven by a sharp recovery in its oil-to-...
Adani Ports makes $3.3 billion play for Evos TerminalsAdani Ports has submitted a binding $3.3 billion bid for Evos Terminals, a European liquid-storage operator with eight terminals across fiv...
Iran war, rupee fall to push India airlines' losses to Rs 38,000 croreThe Indian aviation industry is expected to face significant financial challenges in the current fiscal year. A ratings agency has projecte...
DGCA extends pilot rest rule deadline to March as airlines face cost pressuresThe Directorate General of Civil Aviation has extended the deadline for revised pilot rest rules to March 31, 2027. This extension is a res...
Goa rationalises aviation turbine fuel VAT to 7% from October 24, IndiGo welcomes moveGoa government has announced a reduction in the value-added tax on aviation turbine fuel to 7%. This revised VAT rate will come into effect...
Cheaper air tickets may remain a distant dream for Indian flyersIndian flyers may have to wait longer for airfare relief after the festive season as elevated aviation turbine fuel prices, rupee depreciat...
India braces for first Diwali after Gulf war with tighter budgetsAs households prepare for Diwali, rising food prices and travel expenses are impacting festive budgets significantly. Increased costs for e...
Expensive flights, struggling airlines: Why India's airfare crisis has no easy fix for passengersIndia's proposed new airfare framework would require airlines to submit fare structures to the DGCA a month in advance, amid festive-season...
'Govt has no plans to regulate airfares'India's government has clarified that it will not regulate ticket prices for airlines under new rules. The new air fare regulations will al...
Govt revises windfall gains tax for petrol and diesel exportsThe central government has increased the windfall tax on petrol exports to Rs 2.5 per litre. Simultaneously, the windfall tax on diesel has...
Festive rush: Airlines hike fuel surcharge as ATF prices soarAirlines like Air India and Akasa Air have announced increased fuel surcharges for both domestic and international flights. The rise in avi...
Flying gets costlier from October 9: Air India, Air India Express join Akasa Air in fuel surcharge hike; here's what you'll payIn a bid to manage escalating operating expenses amidst unpredictable global fuel costs, Air India and Air India Express will update their ...
Akasa Air announces new fuel surcharge amid rising ATF prices; check how much passengers will payStarting October 9, Akasa Air will implement a fuel surcharge on domestic flights, with charges between Rs 375 and Rs 1,150 based on distan...