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AIRLINE FUEL COST RISE INDIA 2026
As food inflation bites, Nestle turns to smaller cities to drive growthNestle India is strategically focusing on tier-2 and tier-3 markets for growth, anticipating rising consumption in these areas. Despite fac...
Airport operators tell Centre airline fee relief no longer warrantedPrivate airports are urging the civil aviation ministry to end the three-month discount on domestic flight landing and parking charges, set...
Air India cuts fuel surcharges for North America, Europe flightsAir India has significantly reduced fuel surcharges on flights to North America, Australia, Europe, and the UK, effective July 1. This move...
Airlines shun Rs 10,000-crore ATF subsidy as fuel prices fallA Rs 10,000-crore jet fuel price stabilisation programme has failed to attract any airline sign-ups. The scheme, designed to shield carrier...
Delhi EV Policy 2026 paves way for hydrogen-powered vehiclesDelhi's new Electric Vehicle Policy 2026 paves the way for hydrogen fuel-based vehicles within four years, aiming to curb vehicular emissio...
JSW MG Motor posts record June sales as EVs contribute over 75% of volumesJSW MG Motor India achieved its highest-ever monthly wholesale sales in June, with a 30% year-on-year increase to 7,568 units. Electric veh...
IndiGo launches Lite fare with lower prices for cabin bag-only travellersIndiGo has introduced 'IndiGo Lite', a new budget-friendly Economy Class fare for travellers with just cabin baggage. This option, availabl...
Jet fuel price cut by Rs 5/litre as global oil prices easeA significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...
New rules from July 1, 2026: Aadhaar update, passport fees, LPG prices, credit cards, railways and other major changes explainedSeveral important financial and regulatory changes have come into effect from July 1, 2026, impacting taxpayers, Aadhaar holders, passport ...
India's electric car sales set to cross 3 lakh units for first time in 2026: ReportIndia's electric passenger vehicle market is poised for a significant leap, projected to surpass 3 lakh annual sales in 2026. This surge is...
Residential sales dip to lowest since Jan 2023 amid West Asia war, impacting buyer sentimentResidential sales in India experienced a significant dip in April-June, reaching the lowest point since early 2023. Geopolitical tensions a...
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...
Strong balance sheets help India Inc absorb West Asia fallout: CrisilA stress test by Crisil Ratings covering 34 sectors that account for 65% of its rated corporate debt suggests that India Inc remains broadl...
Government may ask airlines to review additional prices if crude stabilisesAirlines might be asked to reduce surge charges and extra fares if aviation fuel prices remain stable for an extended period. The Civil Avi...
IndiGo, SpiceJet shares rally up to 4% as crude oil prices fall below pre-war levels after 42% crashAviation stocks, including IndiGo and SpiceJet gained after crude oil prices declined sharply as supply concerns eased following progress i...
India's FY27 growth likely to slow down to 6.6% on energy stress, sub-par monsoon: S&PIndia's economic growth is projected to slow to 6.6% in the current fiscal year, according to S&P Global Ratings. This slowdown is attribut...
Jet fuel crack spread may exceed $50 in 2026; airfares may climb up to 25%: ReportGeopolitical tensions and refinery issues are significantly impacting jet fuel supplies, leading to increased airline operational costs. Th...
Cathay Pacific to reduce flight fuel surcharges from July 1Cathay Pacific Airways is set to reduce its fuel surcharges for most passenger flights starting July 1, following a dip in jet fuel costs. ...
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...