New Delhi, April 5 In a move unprecedented since the deregulation of fuel prices, Indian state-owned oil marketing companies will pay refineries a discounted price for petrol, diesel, aviation turbine fuel (ATF), and kerosene, aiming to limit mounting losses resulting from a self-imposed freeze...
New Delhi, April 2 The reimposed windfall export taxes on diesel and aviation turbine fuel (ATF) will not apply to Reliance Industries Ltd's SEZ refinery due to court rulings, a senior official said on Thursday.Effective from March 26, the government revised fuel levies, reintroducing export...
aviationturbinefuel (atf)
citi research
crude oil
department of revenue
diesel
energy sector
excise duty
export taxes
india
jefferies research
middle east conflict
petroleum products
reliance industries ltd
special economic zone (sez)
tax research unit (tru-1)
New Delhi, April 1 – ATF or jet fuel prices more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, but state-owned oil companies passed on only a fraction of the increase to domestic airlines, adopting a calibrated approach to dealing with the war-linked surge in global oil...
New Delhi, April 1 Civil Aviation Minister K Rammohan Naidu said on Wednesday that the decision by public sector oil marketing companies to implement a partial and staggered increase in jet fuel prices for domestic airlines will help protect passengers from sharp fare hikes.Aviation Turbine...
airline industry
aviationturbinefuel (atf)
civil aviation
domestic airlines
energy sector
fuel prices
india
international benchmarks
jet fuel
ministry of civil aviation
ministry of petroleum
oil marketing companies
price increase
west asia conflict
New Delhi, April 1 – The government stated on Wednesday that domestic airfares are unlikely to see a sharp increase, as it has mitigated the impact of a steep rise in aviation turbine fuel (ATF) prices by allowing only a partial increase for domestic airlines.According to the Ministry of...
air connectivity
airline industry
aviationturbinefuel (atf)
cargo movement
civil aviation
crude oil prices
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india
ministry of petroleum and natural gas
oil marketing companies
price increase
public sector oil companies
strait of hormuz
New Delhi, Apr 1 Aviation stocks saw strong demand on Wednesday morning, with InterGlobe Aviation rising by over 9 per cent, despite a hike in jet fuel prices.InterGlobe Aviation, the parent company of IndiGo, further jumped 9.41 per cent to Rs 4,315 on the BSE.The stock of SpiceJet surged...
Government May Announce More Relief Measures for MSMEs Amid West Asia Crisis
Fresh Support Likely as Inflation Risks Rise
New Delhi, March 29: The government is considering additional relief measures for vulnerable sections of the economy, including the MSME sector, as the ongoing West Asia...
aviationturbinefuel (atf)
diesel
economic activity
economic relief
energy imports
export duty
export facilitation
freight costs
india
inflation control
middle east crisis
msme sector
rodtep scheme
strait of hormuz
west asia crisis
Government Explores Tax Relief Measures as West Asia Conflict Drives Up Airline Costs
New Delhi, March 29: The Ministry of Civil Aviation is evaluating multiple measures to cushion Indian airlines from the financial strain caused by the ongoing West Asia conflict, with a key focus on reducing...
airline operational costs
airspace restrictions
aviationturbinefuel (atf)
civil aviation ministry
directorate general of civil aviation (dgca)
export duty
fuel consumption
india
jet fuel
oil prices
passenger rights
state governments
tax reduction
value added tax (vat)
west asia conflict
India’s aviation industry is poised for a significant financial turnaround in 2026-27, with net losses expected to shrink by nearly one-third as passenger traffic regains momentum, according to a report released on Tuesday by ICRA.Net Losses Seen Declining to Rs 110-120 Billion in FY27
The...