New Delhi, April 11 – The Centre on Saturday increased excise duties on petroleum products, including high-speed diesel, with immediate effect, according to a notification issued by the Ministry of Finance.The Union government has hiked the export duty or windfall tax on diesel by Rs 34 per...
New Delhi, April 2 – The Centre has announced a series of relief measures aimed at protecting the Indian industry and consumers from the adverse economic impact of the Iran war, which has disrupted supply chains and affected exports.The Finance Ministry has outlined steps including cuts in...
New Delhi, April 2 – The government's calibrated 8.5 per cent increase in aviation turbine fuel (ATF) prices for domestic airlines may offer short-term relief to oil marketing companies (OMCs), according to analysts.Analysts at global brokerage firm Nomura estimate that state-owned fuel...
New Delhi, April 1 SpiceJet Chairman and Managing Director Ajay Singh said on Wednesday that the government's decision to allow only a partial increase in jet fuel prices would be a significant relief for the country's aviation industry at a time of unprecedented global uncertainty.Public...
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New Delhi, April 1 The price of Aviation Turbine Fuel (ATF), or jet fuel, more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, mirroring the surge in global oil prices last month, but for domestic airlines, the increase would only be 8.5 per cent.Domestic airlines will pay...
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New Delhi, April 1 – PSU oil marketing major Indian Oil Corporation (IOC) has increased the prices of its premium fuels in the national capital.The price of XP100 petrol has been increased to Rs 160 per litre, up from Rs 149 previously. This high-octane fuel is primarily used in luxury...
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New Delhi, April 1 – State-owned oil marketing companies (OMCs) made significant changes to the prices of both aviation turbine fuel (ATF) and commercial LPG on Wednesday, with rates surging sharply – including a more than doubling in jet fuel prices – in line with a spike in global oil prices...
New Delhi, April 1 The price of aviation turbine fuel (ATF), or jet fuel, more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, but domestic airlines will not have to pay this steep increase as a mechanism is being put in place to protect them.Meanwhile, the price of...
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ATF Prices Cross ₹2 Lakh Mark for First Time; Commercial LPG Rates Hiked by ₹195.50
Jet Fuel Prices Surge Over 114% Amid Global Oil Spike
New Delhi, April 1: Aviation turbine fuel (ATF) prices have more than doubled to a record high on Wednesday, crossing the ₹2 lakh per kilolitre mark for the...
ATF Prices Surge Past ₹2 Lakh Mark for First Time Amid Global Oil Spike
Jet Fuel Rates More Than Double in Delhi
New Delhi, April 1: Aviation turbine fuel (ATF), commonly known as jet fuel, has surged to a record high, crossing the ₹2 lakh per kilolitre mark for the first time. The sharp...
Reliance Industries Shares Plunge 4.6% Amid Market Volatility, Rs 87,014 Crore Wiped Off
New Delhi, March 27 – Shares of Reliance Industries Limited (RIL) witnessed heavy selling on Friday, falling 4.6 per cent, which led to a reduction of Rs 87,014 crore in the company’s market capitalization...
Government Slashes Excise Duties on Petrol, Diesel
Fuel Price Relief: Excise Duty Cut Announced
New Delhi – The government announced a reduction in excise duties on petrol and diesel on Friday, aiming to alleviate the impact of rising global oil prices. The excise duty on petrol has been lowered...
IndiGo Shares Open Lower After Airline Imposes Fuel Surcharge Amid West Asia Conflict
Shares of InterGlobe Aviation, the parent company of IndiGo, opened lower on Monday, March 16, after the airline announced a fuel surcharge on all domestic and international routes in response to rising...
IndiGo Shares in Focus After Airline Introduces Fuel Surcharge Amid West Asia Conflict
Shares of InterGlobe Aviation Ltd., the parent company of IndiGo, are likely to remain in focus on Monday, March 16, after the airline announced a fuel surcharge across all domestic and international routes...
Air India and Air India Express Schedule 80 Flights to West Asia Amid US-Israel Iran Conflict; IndiGo Introduces Fuel Surcharge
Air India Group Continues West Asia Operations with Scheduled and Non Scheduled Flights
New Delhi, March 14: Air India and Air India Express are set to operate a total...
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