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Free Press Journal - Business - News Image
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BusinessApr 08, 2026 10:25 PM

Civil Aviation Ministry Slashes Landing & Parking Charges For Domestic Routes By 25% To Shield India...

Mumbai: The Ministry of Civil Aviation (MoCA) announced a 25% reduction in landing and parking charges for domestic operations of Indian carriers for three months to stabilise the domestic aviation sector against volatile global markets. The relief measure comes as a strategic intervention to maintain affordable air travel amid the ongoing West Asia crisis, which has led to a sharp rise in aviation turbine fuel (ATF) costs. ATF Prices Skyrocketed Over 100% in April; Government Capped Hike at 25 ...Read More >

Abtak.com - Business - News Image
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37
BusinessApr 08, 2026 01:34 PM

Indian Carriers Cancelled Over 10,000 International Flights Since Iran War: Aviation Ministry

Indian carriers have cancelled over 10,000 flights since Iran war. ShowQuick Read Summary is AI-generated, newsroom-reviewed * Indian carriers cancelled over 10,000 flights since West Asia conflict began in February * Daily flights to the Middle East dropped from 300-350 to 80-90 due to airspace closures * DGCA extended pilot flight duty limits to manage longer routes and avoid crew shortages Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: Indian carriers have can ...Read More >

Abtak.com - Business - News Image
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32
BusinessApr 07, 2026 07:29 PM

Govt To Roll Out Rs 2.5 Lakh Crore Credit Guarantee Scheme Amid West Asia Crisis

Govt is likely to roll out a Rs 2.5-lakh-cr credit guarantee scheme in the coming days to support sectors impacted by the West Asian crisis The central government is likely to roll out a Rs 2.5-lakh-crore credit guarantee scheme in the coming days to support sectors impacted by the West Asian crisis, Moneycontrol.com reported, citing two government officials. The proposed scheme will expand the existing Emergency Credit Line Guarantee Scheme (ECLGS) framework, which was introduced in 2020 to a ...Read More >

LatestLY - Business - News Image
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BusinessApr 07, 2026 06:29 PM

Business News | West Asia Conflict Hits Airline Revenues, Raises Costs, Govt Taking Various Steps to...

New Delhi [India], April 7 (ANI): The ongoing West Asia conflict has put significant pressure on India's aviation sector by impacting airline revenues and increasing operational costs, Civil Aviation Ministry Joint Secretary Asangba Chuba Ao said on Tuesday. Speaking during an inter-ministerial briefing on recent developments in West Asia, Ao said airlines are facing a two-fold challenge due to the crisis, which began over a month ago. Also Read | UCLA's Tiana Sumanasekera Viral Bollywood Rout ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 07, 2026 05:51 PM

West Asia conflict hits airline revenues, raises costs, govt taking various steps to stabilise secto...

New Delhi [India], April 7 (ANI): The ongoing West Asia conflict has put significant pressure on India's aviation sector by impacting airline revenues and increasing operational costs, Civil Aviation Ministry Joint Secretary Asangba Chuba Ao said on Tuesday. Speaking during an inter-ministerial briefing on recent developments in West Asia, Ao said airlines are facing a two-fold challenge due to the crisis, which began over a month ago. "50 per cent of all international operations by Indian car ...Read More >

NewsDrum - Business - News Image
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35
BusinessApr 07, 2026 05:42 PM

Over 10,000 international flights by Indian carriers cancelled since start of West Asia conflict

New Delhi, Apr 7 (PTI) Indian carriers have cancelled over 10,000 flights since the onset of the West Asia conflict, as escalating tensions and airspace restrictions disrupted international operations, a senior government official said. The widespread closures of key transit corridors forced airlines to suspend or reroute services, particularly on long-haul routes to Europe and North America. "On an average, Indian carriers used to fly about 300 to 350 flights daily to the Middle East (both wa ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 07, 2026 03:12 PM

Air India revises fuel surcharge amid jet fuel spike; CEO Campbell Wilson to step down

New Delhi [India], April 7 (ANI): The Air India group has announced revisions to its fuel surcharge structure across domestic and international routes amid a sharp rise in global jet fuel prices. In a statement, the airline said the decision comes as airlines worldwide face one of the toughest fuel cost environments in recent years. "Air India group today announced further revisions to its fuel surcharge structure across domestic and international routes," the airline said. The airline noted ...Read More >

LatestLY - Business - News Image
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BusinessApr 07, 2026 02:34 PM

Air India Ticket Prices To Rise As Airline Revises Fuel Surcharge on Domestic and International Rout...

New Delhi, April 7: Air India on Tuesday announced a revision in fuel surcharge across domestic and international routes amid a rise in global jet fuel prices. For domestic routes, the airline said it will shift from a flat surcharge to a distance-based structure, effective from Wednesday. The revised surcharge will range from Rs 299 for flights up to 500 kms to Rs 899 for sectors above 2,000 kms. The move follows the government's decision to cap the increase in domestic Aviation Turbine Fuel ( ...Read More >

Social News XYZ - Business - News Image
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18
BusinessApr 07, 2026 02:20 PM

Global oil shock: Air India hikes fuel surcharge on domestic, international routes

New Delhi, April 7 (SocialNews.XYZ) Air India on Tuesday announced a revision in fuel surcharge across domestic and international routes amid a rise in global jet fuel prices. For domestic routes, the airline said it will shift from a flat surcharge to a distance-based structure, effective from Wednesday. The revised surcharge will range from Rs 299 for flights up to 500 kms to Rs 899 for sectors above 2,000 kms. The move follows the government's decision to cap the increase in domestic Aviat ...Read More >

punjabnewsexpress.com - Business - News Image
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BusinessApr 07, 2026 02:17 PM

Global oil shock: Air India hikes fuel surcharge on domestic, international routes

NEW DELHI: Air India on Tuesday announced a revision in fuel surcharge across domestic and international routes amid a rise in global jet fuel prices. For domestic routes, the airline said it will shift from a flat surcharge to a distance-based structure, effective from Wednesday. The revised surcharge will range from Rs 299 for flights up to 500 kms to Rs 899 for sectors above 2, 000 kms. The move follows the government's decision to cap the increase in domestic Aviation Turbine Fuel (ATF) p ...Read More >

NewsDrum - Business - News Image
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12
BusinessApr 07, 2026 02:14 PM

Air India group to impose fuel surcharge on domestic, international flights

Mumbai, Apr 7 (PTI) The Air India group on Tuesday said it will impose fuel surcharge ranging from Rs 299 to Rs 899 for domestic flights and USD 24 to USD 280 for international flights (excluding some routes). The revised fuel surcharge, effective from April 8 will be applicable for flights operated by the airline's low-cost subsidiary Air India Express as well, Air India said in a statement. Revisions to fuel surcharge on flights to and from Bangladesh and Far East destinations such as Japan, ...Read More >

mint - Business - News Image
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BusinessApr 07, 2026 11:41 AM

Govt plans ₹2.5 lakh cr credit guarantee scheme for businesses affected by West Asia crisis | Mint

New Delhi, Apr 7 (PTI) The government is considering a ₹2.5 lakh crore credit guarantee scheme to support businesses, especially MSMEs impacted by the West Asia crisis, sources said. Under the scheme, a credit guarantee of about 90 per cent on loans of up to ₹100 crore would be provided to lenders in case of default by borrowers due to the ongoing US-Iran conflict. The guarantee on bank loans would be provided by the National Credit Guarantee Trustee Company (NCGTC), a wholly-owned subsidiary ...Read More >

NewsDrum - Business - News Image
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BusinessApr 07, 2026 11:40 AM

Govt plans Rs 2.5 lakh cr credit guarantee scheme for businesses affected by West Asia crisis

New Delhi, Apr 7 (PTI) The government is considering a Rs 2.5 lakh crore credit guarantee scheme to support businesses, especially MSMEs impacted by the West Asia crisis, sources said. Under the scheme, a credit guarantee of about 90 per cent on loans of up to Rs 100 crore would be provided to lenders in case of default by borrowers due to the ongoing US-Iran conflict. The guarantee on bank loans would be provided by the National Credit Guarantee Trustee Company (NCGTC), a wholly-owned subsidi ...Read More >

Abtak.com - Business - News Image
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14
BusinessApr 05, 2026 08:34 AM

Amid Middle East Crisis, Industrial Diesel Prices Hiked By Rs 28 A Litre

Prices at petrol pumps for diesel car owners have been left unchanged. New Delhi: State-run oil marketing companies have raised the price of industrial diesel by Rs 28.22 per litre, an increase of more than 25 per cent, with the new rate set at Rs 137.81 per litre. The adjustment was made on Wednesday, by companies including the Indian Oil Corporation Ltd and Bharat Petroleum Corporation Ltd. According to internal communication seen by NDTV Profit, it applies to high-speed diesel, known as HS ...Read More >

Abtak.com - Business - News Image
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12
BusinessApr 03, 2026 09:34 AM

No windfall tax on diesel, ATF exports from Reliance SEZ: Official

Reliance Industries SEZ refinery will not face new export taxes on diesel and aviation fuel. This exemption stems from judicial pronouncements. The government reintroduced these levies on March 26 to encourage domestic fuel sales. These taxes are reviewed fortnightly. This move aims to manage global energy supply disruptions. Reliance operates two refineries in Jamnagar, Gujarat. The reimposed windfall export taxes on diesel and aviation turbine fuel (ATF) will not apply to Reliance Industries ...Read More >

Abtak.com - Business - News Image
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25
BusinessApr 02, 2026 02:34 PM

Commercial LPG rate hiked by ₹195, jet fuel price doubled to ₹2 lakh

Amid ongoing global energy supply disruptions, state-run oil marketing companies on Wednesday raised prices of commercial LPG and aviation turbine fuel (ATF), marking a significant increase across key fuel segments. The price of a 19kg commercial LPG cylinder was hiked by ₹195.5, taking the rate in Delhi from ₹1,883 on March 7 to ₹2,078.50 on Wednesday, a 10.4% increase. Commercial LPG is widely used by hotels, hostels and restaurants, and this is the second price hike in less than a month ...Read More >

Social News XYZ - Business - News Image
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26
BusinessApr 02, 2026 12:20 PM

OMCs losing Rs 64 per litre on ATF sales amid global oil shock: Report

New Delhi, April 2 (SocialNews.XYZ) The government's calibrated 8.5 per cent hike 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 have estimated that state-owned fuel retailers continue to lose heavily on ATF sales amid a war-driven surge in global oil prices. At current prices, the brokerage has estimated that OMCs are losing around Rs 64 per litre on dome ...Read More >

The Hans India - Business - News Image
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BusinessApr 02, 2026 09:01 AM

ATF hike capped for domestic airlines

New Delhi: Aviation turbine fuel (ATF) prices for domestic airlines were raised by a calibrated 8.5 per cent on Wednesday, instead of more than doubling as warranted by a war-driven surge in global oil prices, even as rates for commercial LPG and premium petrol were also increased amid firm energy trends. ATF or jet fuel for domestic carriers was hiked by Rs 8,289.04 per kilolitre, or 8.56 per cent, to Rs 1,04,927.18 per kl from Rs 96,638.14 per kl last month, according to state-owned oil firms. ...Read More >

The Times of India - Business - News Image
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BusinessApr 02, 2026 08:23 AM

ATF price up 25% after flip-flops; domestic flyers spared steep rise in fares for now

NEW DELHI: Domestic air travellers may have been spared steep airfare hikes for now as oil companies didn't fully pass on the impact of higher crude prices, but international tickets for western destinations are likely to go up further after doubling since the start of the Iran war as airlines take longer routes.After a series of flip-flops through Wednesday, govt limited the hike in aviation turbine fuel (ATF) base price for domestic flights to 25%, while warning of "interventions" if fares ris ...Read More >

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BusinessApr 02, 2026 06:17 AM

Domestic airline jet fuel up 8.5%, bigger hike for others

NEW DELHI, April 1: India witnessed a historic surge in Aviation Turbine Fuel (ATF) prices on Wednesday, driven by soaring global crude rates amid the ongoing West Asia conflict. Domestic airlines will face an 8.5% increase, while foreign carriers, non-scheduled, charter, and adhoc operators will see a massive 114.5% hike, pushing ATF to a record Rs 2,07,341 per kilolitre -- the first time it has crossed the Rs 2 lakh mark. The sharp rise comes as global energy supply chains face disruptions, ...Read More >

Abtak.com - Business - News Image
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BusinessApr 02, 2026 01:34 AM

'BJP loot diwas': Congress slams price hike of essential commodities

The Congress on Wednesday (April 1, 2026) launched a scathing attack on the government over the rise in prices of certain essential commodities, alleging that the Modi government has completely "destroyed" the country's strategic and economic policies. LPG and fuel crisis LIVE on April 1, 2026 Congress president Mallikarjun Kharge said while the common citizens are hoping for relief, the BJP leadership remains entirely focused on "looting the public and plundering the nation amidst this crisis ...Read More >

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BusinessApr 02, 2026 01:06 AM

Cong slams price hike of essential commodities

NEW DELHI, 1 Apr: The Congress on Wednesday launched a scathing attack on the government over the rise in prices of certain essential commodities, alleging that the Modi government has completely "destroyed" the country's strategic and economic policies. Congress president Mallikarjun Kharge said while the common citizens are hoping for relief, the BJP leadership remains entirely focused on "looting the public and plundering the nation amidst this crisis." In a post in Hindi on X, Kharge said, ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 01, 2026 11:34 PM

Modi government has imposed huge burden on dhabas, restaurants, hotels, sweet makers: Surjewala

Bagalkot (Karnataka) [India], April 1 (ANI): Congress leader Randeep Singh Surjewala on Wednesday slammed the Modi government over hike in price of commercial LPG cylinders and said it will impose a huge burden on people. "Today, from April 1, the Modi government has imposed a huge burden on dhaba operators, ready-mix operators, restaurants, hotels, sweet makers, confectioners, dosa and idli makers. They have increased the price of a Rs 200 commercial gas cylinder," Surjewala told reporters. " ...Read More >

The New Indian Express - Business - News Image
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22
BusinessApr 01, 2026 10:05 PM

IndiGo revises fuel charges by up to Rs 950 for domestic flights after jet fuel price hike

NEW DELHI: Airfares are set to get even more pricier as IndiGo has revised fuel charges on domestic and international routes for all new bookings made after 0001 hours on April 2, 2026. The move by the country's largest airline comes after the oil marketing companies (OMCs) revised aviation turbine fuel (ATF) prices on Wednesday. It also comes despite the joint secretary at the civil aviation ministry Asangba Chuba Ao's remark that the government's decision on a limited hike of jet fuel price e ...Read More >

NewsDrum - Business - News Image
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BusinessApr 01, 2026 09:39 PM

IndiGo announces Rs 275 to Rs 10,000 revised fuel charges; airfares to rise in many routes

New Delhi, Apr 1 (PTI) The country's largest airline IndiGo on Wednesday announced revised fuel charges ranging from Rs 275 to Rs 10,000, which will push airfares higher for many domestic and international flights amid the rise in jet fuel prices. The announcement from the country's largest airline comes on a day when the Aviation Turbine Fuel (ATF) prices were revised, and the government decided to only partially hike the price by 25 per cent for the domestic flights. From March 14 onwards, t ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 01, 2026 07:23 PM

"Important to control prices": UBT Sena MP Anil Desai on commercial LPG price hike

New Delhi [India], April 1 (ANI): Shiv Sena (UBT) MP Anil Desai on Wednesday criticised the central government for the recent hike in commercial LPG prices and underlined the need to control the prices. "The government has been saying that there would be no problems, but with the way there has been a price hike in both domestic and commercial LPG cylinders, it was important to control the prices," Desai told ANI. Meanwhile, Union Minister Ramdas Athawale said that ensuring a steady supply of p ...Read More >

The Statesman - Business - News Image
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36
BusinessApr 01, 2026 07:08 PM

Indian oil clarifies ATF price rise at 8.5%, not 115%

The prices of aviation turbine fuel (ATF), or jet fuel, have seen a spike, though not as steep as reported earlier, following a clarification from Indian Oil Corporation. Reports had earlier suggested that ATF prices had more than doubled to over ₹2 lakh per kilolitre in Delhi, driven by a surge in global crude oil prices amid escalating tensions in West Asia. Advertisement However, Indian Oil has now clarified that ATF prices have risen by about 8.5%, not 115% as previously indicated. The cu ...Read More >

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BusinessApr 01, 2026 06:06 PM

India raises jet fuel price amid global surge due to Middle East crisis

NEW DELHI, April 1 (Xinhua) -- India on Wednesday announced plans to raise the price of jet fuel amid a surge in global prices due to the U.S.-Israeli strike on Iran, officials said. Domestic fuel retailers have raised prices of aviation turbine fuel (ATF) to 104,927 Indian rupees (1,123.72 U.S. dollars) per kiloliter. The federal government defended the hike, saying that the increase passed on to domestic airlines is only a "partial and staggered" adjustment, aimed at cushioning the impact of ...Read More >

NewsDrum - Business - News Image
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BusinessApr 01, 2026 05:52 PM

Aviation stocks end higher; IndiGo jumps 6 pc

New Delhi, Apr 1 (PTI) Aviation stocks were in the limelight on Wednesday, with InterGlobe Aviation climbing 6 per cent, after only a partial increase in jet fuel prices. InterGlobe Aviation, the parent firm of IndiGo, after starting the trade on a positive note, further jumped 9.84 per cent to Rs 4,332 during the day on the BSE. The stock finally ended at Rs 4,180.90, up 6.01 per cent. The stock of SpiceJet ended at Rs 9.93, up 1.95 per cent. During the day, it surged 4.72 per cent to Rs 10.2 ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 01, 2026 05:15 PM

"Move will prevent potential industry-wide crisis": Civil Aviation official on partial ATF price hik...

New Delhi [India], April 1 (ANI): Civil Aviation Ministry Joint Secretary Asangba Chuba Ao on Wednesday said that the government's decision to allow only a partial increase of 25% on Aviation Turbine Fuel (ATF) prices for domestic airlines provides "critical relief", and the move will "prevent a potential industry-wide crisis". "This morning, there was a very significant announcement by the Ministry of Petroleum and Natural Gas regarding prices of ATF, that is, aviation turbine fuel. The Indian ...Read More >

Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.