Searched for
AVIATION TURBINE FUEL
As GST turns 10, focus shifts to AI-led compliance, faster refunds, simpler tax processesIndia's Goods and Services Tax, now in its tenth year, is evolving towards greater efficiency. The government is leveraging AI, data sharin...
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...
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...
Chennai Petroleum Corporation gets Navratna status, becomes 28th such CPSEChennai Petroleum Corporation Ltd (CPCL) has achieved Navratna status, a significant upgrade granting it greater financial and operational ...
Airlines may fly low this fiscalIndian airlines face a profit drop this financial year. Higher fuel prices, airspace limits, and a weaker rupee are increasing costs. Fleet...
School assembly news headlines for June 17: Top national, international, business, sports update and thought of the dayToday's school assembly news covers significant national developments including new prescription mandates for medicinal syrups and ISRO's u...
India hikes diesel, ATF export levies from June 16India has increased the windfall tax on diesel and aviation fuel exports. The special additional excise duty on diesel exports will now be ...
Falling crude prices shift market narrative; energy, defence and BFSI emerge as key bets: Pankaj PandeyEasing crude oil prices and moderating foreign investor selling are improving India's investment outlook. Head Research Pankaj Pandey highl...
Pilots' body FIP seeks B787 simulator tests to verify certain aspects in Air India plane crash probePilots' group FIP urged the AAIB to conduct simulator tests for the AI171 plane crash. They want to verify the connection between RAT deplo...
Falling crude oil price sends tyre, paint, oil marketing and airline companies soaring in relief rallyOn Friday, a significant drop in oil prices caused a ripple effect in the stock market, with companies linked to crude oil benefiting the m...
Cabinet clears Rs 2,169 crore worth Ahmedabad Metro airport extensionThe Union Cabinet has approved the Ahmedabad Metro Phase 2A project. This 6-km extension will connect Koteshwar Road to the Sardar Vallabhb...
IndiGo shares in focus as ATF prices rise 10% as fuel retailers launch 3-year price stabilisation schemeIndiGo shares are in focus after state-run fuel retailers raised aviation turbine fuel prices by around 10% while introducing a three-year ...
Iran war fallout: Fuel use drops 6.5% in May; experts see warning signs for economyIndia's demand for transportation fuels and petroleum products is declining due to supply disruptions and higher prices stemming from the I...
ATF prices rise about 10% as oil companies roll out fixed pricingAviation fuel prices have increased by about 10 percent. State-owned fuel retailers have introduced a price stabilization scheme. Domestic ...
Air India planes hit by ground equipment; probe under wayStrong winds and rain caused ground support equipment to hit three Air India aircraft at Delhi's Indira Gandhi International Airport. The a...
In graphic: How Union Cabinet's Rs 10,000-crore price stabilisation fund for aviation turbine fuel will workLast week, the Union Cabinet approved a Rs 10,000-crore price stabilisation fund for aviation turbine fuel, fixing a static price of Rs 115...
Govt's new ATF pricing mechanism to fix Delhi fuel price at Rs 115/litre for airlines: Civil Aviation MinistryA new fixed Aviation Turbine Fuel (ATF) pricing mechanism will set a uniform selling price of approximately Rs 115 per litre in Delhi for b...
LPG sales decline 24% in May; Petrol and diesel see 4.8% and 6.4% rise, respectivelyLPG sales saw a significant drop of 24 percent in May compared to last year. Meanwhile, petrol and diesel sales by state-run companies incr...
India keeps local jet fuel prices unchanged after airline pleaIndian oil refiners have maintained jet fuel prices for domestic flights. This decision follows a request from airlines facing challenges f...
India cuts export duties on petrol, diesel and aviation turbine fuelIndia will reduce its export duties on petrol, diesel, and aviation turbine fuel (ATF) starting June 1. The new rates are 1.5 rupees per li...