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Centre imposes Rs 3 per litre windfall tax on petrol exports, cuts diesel and ATF levy amid crude oil surge

The announcement came mere hours after petrol and diesel prices were hiked by Rs 3 per litre in the domestic…

Updated: May 16, 2026 09:27 IST

Air India mulls furloughing non-tech staff, cutting flight capacity by 20%

The board discussed paying out lower bonuses for all employees and pay cuts for those at the level of vice…

Updated: May 8, 2026 15:00 IST

‘India economy resilient, faces rising risks from Mideast war’: Finance Ministry’s economic review reveals

According to recent data up to April 22, 2026, continued resilience in goods movement registered 13.7 per cent YoY growth,…

April 29, 2026 21:57 IST

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Govt more than doubles diesel export duty to Rs 55.5/litre, ATF to Rs 42/litre

India raises windfall tax on diesel to ₹55.5/litre and ATF to ₹42/litre with immediate effect, amid West Asia conflict and…

April 11, 2026 19:31 IST

Centre cuts airport charges by 25% to ease airline cost pressures

Following the Ministry of Civil Aviation (MoCA) directive, the Airport Economic Regulatory Authority (AERA) has mandated a 25% reduction from…

Updated: April 9, 2026 07:47 IST

Indian aviation flies full but bleeds cash in FY26

Fuel forms 30–40% of costs; dollar exposure and ATF rise hit airline margins.

January 22, 2026 19:32 IST

Why IndiGo still matters

Dismantling a model that kept it afloat will not improve safety or affordability.

January 7, 2026 06:44 IST

India aviation Jefferies IndiGo Air India Adani aviation outlook 2025

Turbulence ahead for Indian skies? Jefferies lists 3 challenges ahead

Jefferies warns India’s aviation boom may hit turbulence as IndiGo bets big, Air India waits on deliveries, and Adani enters…

December 3, 2025 14:29 IST

Air travel to get costlier – Jet fuel up Rs 5,114 in third straight monthly rise

Indian airlines face higher operating costs as aviation turbine fuel sees a sharp December hike, continuing a three-month upward trend…

December 1, 2025 13:10 IST

Sustainable Aviation Fuel Policy to be rolled out soon: Minister

“What we need right now is a strong and robust policy. I can happily say that the ministry is working…

Updated: November 7, 2025 10:43 IST

Aviation fuel cost raised for second month in a row; commercial LPG cheaper

Jet fuel (ATF) price was increased by Rs 777 per kilolitre, or 0.8 per cent, to Rs 94,543.02 per kl…

Updated: November 1, 2025 13:31 IST

ATF price slashed by Rs 5,870.50/kl to Rs 89,441.20/kl in Delhi: Report

This is breking news. Keep watching this space for further updates.

Updated: April 1, 2025 08:21 IST

petroleum, economy, EU, European Union, liquefied petroleum gas, LPG, ATF

India’s petroleum products exports up 2% in April-December

Africa emerged as the top destination for India’s petroleum exports in December, while shipments to traditional importers in Asia and…

January 20, 2025 03:45 IST

Windfall tax, tax, oil, ONGC, Oil and Natural Gas, economy

Windfall tax on oil scrapped

Windfall tax was implemented post the outbreak of conflict between Russia and Ukraine when oil prices spiked and remained above…

December 3, 2024 06:00 IST

windfall tax, government withdraws windfall tax, atf, petrol diesel, market

Government withdraws windfall tax on ATF, crude products, petrol and diesel; relief to oil companies

The windfall tax, introduced in July 2022, was designed to tap into the higher revenues earned by oil companies due…

December 2, 2024 15:13 IST

PNG connections are still a far cry from target.

ATF price cut by 4 pc; commercial LPG rate reduced marginally by Rs 1.5 per cylinder

The price hike follows a Rs 39.5 per cylinder reduction in rates effected on December 22.

January 1, 2024 21:02 IST

Jet fuel, commercial cooking gas, price of domestic LPG, Aviation turbine fuel, top news, latest news, business news,

ATF price cut by 4.6 per cent; commercial LPG rate hiked by Rs 21

Price of domestic LPG – used in household kitchens for cooking purposes – remained unchanged at Rs 903 per 14.2-kg…

December 1, 2023 12:29 IST

ATF price hiked 5%, commercial LPG by Rs 209

The increase comes on back of the steepest-ever 14.1 per cent increase (Rs 13,911.07 per kl) effected on September 1,…

October 1, 2023 10:36 IST

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