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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 ...- 100 days of Iran war: India must brace for broad-based economic shockIn a volatile turn of events, escalating strikes between Iran and Israel are sending shockwaves that may reach India’s economy. As the spec...
- More economic safeguards on the cards as West Asia conflict persists: ReportIndia is preparing new measures to protect its economy from the West Asia conflict. The government will introduce these steps gradually as ...
- Global Market: Japan inflation slows sharply, but energy risks cloud outlookJapan's core inflation eased to a four-year low in April, driven by government subsidies. However, rising energy costs due to the Iran conf...
- India has 60 days of crude oil, 60 days of Natural Gas & 45 days of LPG rolling stock: CentreIndia is launching a national mission to conserve fuel amid global energy market turmoil. The government assures citizens of robust energy ...
- Petrol-diesel price hike coming soon? Why IMF says it mustSpeculation mounts over potential petrol and diesel price hikes as assembly elections conclude, despite government assurances. The IMF urge...
- No government financial support planned for fuel retailers' petrol, diesel, ATF lossesThe Indian government has declared its stance not to offer financial assistance to its state-run fuel companies, which are currently in the...
- OMCs push for increase in LPG, petrol, diesel, ATF prices as losses mountOil prices are soaring, pushing the govt to consider raising fuel costs. State-run companies are facing significant losses due to the sharp...
- Oil shock will hit Asia harder than the 1970sAsia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...
- Crude shock: Ajay Bagga on how $90 oil could dent India Inc's earnings and test government's fiscal nerveIndia is bracing for a major energy cost shock. Soaring crude oil prices are set to impact corporate profits, consumer spending, and govern...
- DFS is seeking lender data on war-hit SMEsPeople familiar with the matter told ET that banks have been asked to provide details on sectors affected, like the Morbi-based ceramics in...
- How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
- Energy shock ripples from kitchens to forests as Africa and South Asia grapple with rising fuel costsGlobal fuel price hikes are pushing families in Kenya and India back to burning charcoal and wood. This reversal threatens years of progres...
- West Asia War: India’s BBB rating seen stable despite energy shock; S&P flags corporate stress, weaker credit growthWest Asia War: India's sovereign rating remains stable despite rising energy costs. However, supply disruptions for food and fuel could imp...
- Indonesia raises aviation fuel surcharge, flight ticket pricesIndonesia on Monday announced a 28-percentage point rise in the surcharge on aviation fuel, and said it would allow airlines to raise the d...
- Udan 2.0 boost to spur small aircraft manufacturing in India: Civil aviation minister Ram Mohan NaiduThe cabinet last week approved a Rs 28,840-crore plan to revamp regional air connectivity over the next decade, which includes developing 1...
- UDAN scheme gets Rs 28,840 crore boost to expand regional air connectivityThe scheme subsidises airlines flying to remote destinations at fares capped by the government. Its performance has been uneven so far. Of ...
- Modi government pushes to make Rs 2,500 flight for aam aadmi a realityThe airline providing regional flights will have to connect underserved airports with minimum 3 flights a week and maximum 7 flights a week.
- Travellers to fund unprofitable flights off airline schedulesAirline companies may no longer be forced to fly on uneconomic routes as the government plans to progressively do away with the route dispe...
- Airlines may get sops for trips to unviable areasThe government plans to retain the route disbursal guidelines that make it mandatory for airlines to deploy a minimum capacity to connect N...
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