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HIGHER FUEL COSTS IMPACT
Britannia Industries plans further price hikes amid food inflation impacting margins and boosting rural demandBritannia Industries is responding to persistent inflation by considering additional price hikes for its products. The company has already ...- British Airways parent profit drops on higher fuel costsIAG, the owner of British Airways and Iberia, said Friday that its net profit dropped more than 12 percent in the third quarter on soaring ...
- Asia fuel oil benchmarks slump as market prices in potential Iran war de-escalationAsian fuel oil benchmark prices underwent a steep decline this week, driven by expectations of heightened supplies from the Middle East. Th...
- Rs 600 for 1,000 km journey: Nitin Gadkari proposes Rs 3 per unit for EV charging at night and Rs 5 during the day to boost EV adoptionNitin Gadkari recommended varying electricity rates for electric vehicle charging to enhance usage in Maharashtra. He indicated that costs ...
- Star Air cuts weekly flights on high fuel costs, says airline officialStar Air has reduced its weekly flights by 15-20%, largely due to soaring Aviation Turbine Fuel prices. The airline is calling for a specia...
- Uber's profit forecast disappoints as driver shortages, Middle East conflict hurtThe company is responding by spending more to recruit and retain drivers, a cost that will be watched closely because it comes as the compa...
- Indian oil refiners expect healthy margins amid global supply disruptionsA combination of these factors offer Indian refiners an opportunity to capitalise on stronger diesel, gasoline and aviation turbine fuel (A...
- Rising crude prices could push India's inflation by upto 1 percentage point, diversified imports helping secure oil supplies: EY's Gaurav ModaGaurav Moda, Partner and Energy Industry Leader at EY India said the increase in crude oil prices from an average of $60-65 per barrel to $...
- Apple shares slide as higher memory costs fuel margin concernsThe iPhone maker has benefited from using memory purchased at lower prices, but that advantage is expected to diminish over time, leaving m...
- Marico profit jumps 31%, flags rising input costs amid West Asia woesMarico has reported a 13% increase in consolidated revenue, driven by strong volume growth in India and international markets. The company ...
- ITC Q2 net profit falls 20% as high taxes keep margins in checkITC reported a 20% decline in standalone net profit for the September quarter despite a 45% increase in revenue. The rise in cigarette taxa...
- Aditya Birla Lifestyle bets on festive demandThe company, which owns brands such as Louis Philippe, Van Heusen, Allen Solly and Peter England, reported flat like-for-like sales growth ...
- Parliamentary panel raises concerns over high airfares; IndiGo, Air India flag rising fuel costs, Pakistan airspace closureA parliamentary panel raised concerns over high airfares during discussions with IndiGo and Air India officials. Rising Aviation Turbine Fu...
- AI debt surge pushes Magnificent Seven borrowing to $578 billion, up 45%: SBI ResearchThe combined debt of the seven largest US technology companies, widely known as the Magnificent Seven, has increased nearly 45 per cent to ...
- Reliance Industries expands fuel exports to Africa, Europe as West Asia conflict disrupts suppliesReliance Industries has redirected fuel exports to Africa, the Mediterranean and other European markets to capitalise on supply disruptions...
- Middle East war helps lift Reliance’s oil-to-chemicals earnings to an all-time highReliance Industries' oil-to-chemicals sector reported record earnings due to soaring global fuel prices. The firm credited this success to ...
- IndiGo posts Rs 1,879-crore loss as high fuel costs, geopolitical woes hit; capacity cuts & yield management offer only partial relief, says CEO Willie WalshIndiGo reported a net loss of Rs 1,879 crore in the September quarter as a sharp rise in jet fuel prices and foreign exchange costs offset ...
- IndiGo may hike ticket prices to offset soaring fuel bills, says CEO Willie WalshAmidst escalating fuel prices that heavily strain profitability, IndiGo is looking at the possibility of raising ticket prices. The airline...
- IndiGo Q2 Results: Loss narrows YoY to Rs 1,879 crore; revenue rises 26%IndiGo Q2 Results: Budget airline IndiGo reported narrowing of its consolidated loss to Rs 1,879 crore in the second quarter of FY27, compa...
- Airlines can't predict oil prices anymore. Travellers may be left footing the billAirlines globally face challenges in fuel cost hedging as prices remain elevated due to geopolitical tensions. Major airlines like AirAsia ...
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