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FUEL PRICE CUT
Air India may restore some flight schedules amid easing West Asia conflict: SourcesAccording to airline sources, Air India CEO Campbell Wilson communicated to employees that the easing of the conflict has created a more st...
No smooth landing: ICRA sees Indian airlines' losses widening up to Rs 38,000 crore in FY27India's aviation sector faces a grim outlook, with ICRA projecting net losses to skyrocket to ₹36,000-38,000 crore in FY27. This sharp revi...
Goldman Sachs upgrades India's growth outlook after US-Iran peace dealGoldman Sachs has raised India's 2026 real GDP growth forecast to 6.8% from 6.5%, citing lower oil prices, easing supply disruptions and re...
Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...
Cheaper crude and Strait of Hormuz reopening boost outlook for Indian refinersBenchmark Brent fell to around $72 a barrel Thursday, down from an average of $99 in first week of June and $109 during the three months ti...
Oil falls to pre-war levels, no change in petrol and diesel prices in IndiaGlobal crude oil prices have fallen to their lowest levels since before the Iran conflict, with Brent slipping to around USD 72–73 per barr...
China state refiners considering resuming Iran oil imports, sources sayChina's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a...
Trump gets trapped between 'rockets and feathers', squirms for exitUS President Donald Trump has ordered a Justice Department investigation into major oil companies, accusing them of keeping gasoline prices...
Air India: As Campbell Wilson readies for departure, N Chandrasekaran enters the cockpitChandrasekaran has called for closer coordination across the airline’s departments. Key divisions such as flight operations, commercial str...
Akasa Air eyes 30% capacity growth in FY27Akasa Air is set for a significant 30% capacity expansion this financial year, with ambitious long-term plans remaining steadfast despite g...
Double-digit sales growth in apparel, ACs, premium goods faces inflation & monsoon testDiscretionary spending is witnessing a notable resurgence, particularly in the apparel and white goods sectors, which have both seen impres...
Petrol, diesel margins back to above pre-conflict levels: ReportState-run oil companies are poised for improved profitability as falling crude prices boost fuel marketing margins. While recent government...
Airline ticket prices may stay high as carriers bank fuel relief from Iran dealA U.S.-Iran peace deal has lowered oil prices, promising billions in fuel savings for airlines. However, passengers may not see immediate f...
AirAsia X to keep lowering fares as jet fuel prices fallAirAsia X is slashing fares by 5% and reviewing prices weekly as jet fuel costs ease following a U.S.-Iran peace deal. The Malaysian budget...
India likely won't export sugar for years as El Nino, ethanol squeeze supplyOnce as a top sugar exporter, India is now anticipating a three-year stretch of significant export deficits, primarily driven by El Nino's ...
Bolivia's Paz declares state of emergency over blockade crisisBolivia's President Paz has declared a state of emergency, aiming to resolve the ongoing blockade crisis that's crippling the nation. This ...
India's passenger vehicle sales expected to grow 4-6% in FY27: ReportPassenger vehicle sales are poised for a 4-6% expansion this fiscal, fueled by strong demand, improved affordability post-GST cuts, and the...
Government may lift fuel-supply safeguards once West Asia crisis abates: OfficialIndia plans to ease emergency energy measures as global tensions subside. These steps were taken to ensure fuel availability amid West Asia...
Australia relaxes Gulf travel advice in boost for Middle Eastern airlinesAustralians can now travel to the UAE, Qatar, Bahrain, Israel, and Kuwait. The government has eased travel warnings for these nations. This...
Ethanol transition can shift to "Transport Energy Backbone" to shield India from oil shocks: KPMGIndia's ethanol use is evolving beyond simple blending. It is set to become a key transport energy source. This will help manage fluctuatin...