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AVIATION TURBINE FUEL PRICING MODEL
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...- India cuts windfall tax on diesel, raises petrol tax from JulyIndia has adjusted its windfall taxes on fuel exports, slashing duties on diesel and aviation fuel while increasing the tax on petrol expor...
- 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...
- Repeated crises reaffirm role of PSU oil firmsDuring national emergencies such as floods and the recent pandemic, India's state-run oil companies have shown their crucial importance by ...
- Pakistan hikes petroleum levy on petrol, diesel; keeps retail prices unchangedPakistan's government has increased the petroleum levy on petrol and diesel, keeping retail prices steady despite falling international oil...
- 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...
- Civil Aviation Minister inaugurates first hub-and-spoke flight from Varanasi via DelhiCivil Aviation Minister K Ram Mohan Naidu launched Air India's 'Easy Connect' initiative in Varanasi, establishing the first hub-and-spoke ...
- 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...
- What is India’s new hub-and-spoke model and how will airport immigration change?India has launched its ambitious hub-and-spoke aviation strategy, aiming to simplify international travel for citizens in smaller cities. T...
- India to add six more cities to hub-and-spoke air connectivity model in next six weeksIndia is set to expand its new hub-and-spoke aviation model, with six more cities joining the initiative in the coming weeks. Civil Aviatio...
- 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 $55 billion green energy pipeline faces climate damageIndia's ambitious renewable energy expansion faces a significant climate threat, with $55 billion in planned solar, wind, and hydropower as...
- Chevron signs pact with Microsoft for powering its Texas data centreChevron and Microsoft have partnered for a 20-year deal to power a Texas data center. The Kilby facility will supply 2.67 gigawatts using G...
- 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...
- 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...
- 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...
- 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...
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