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Searched Tag: fuel costs
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Govt okays ₹10K-cr fund to shield airlines from rising fuel costs

June 3, 2026, 04:24 PM - 3 min read

The Union Cabinet has approved a ₹10,000-crore ATF stabilisation fund to help airlines tackle soaring fuel costs, curb fare volatility and maintain air connectivity.

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FM calls for focus on fuel, fertilizer, FOREX amid West Asia war

FM calls for focus on fuel, fertilizer, FOREX amid West Asia war

May 25, 2026, 05:54 PM - 3 min read

Speaking at an event to celebrate the 37th anniversary of SIDBI in Mumbai, the Finance Minister said, the cut in diesel and petrol excise duties will lead to a revenue impact of one lakh crore rupees.

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Air India cuts flights as fuel costs, airspace curbs impact ops

May 2, 2026, 05:00 PM - 4 min read

Air India has cut international flights and warned of further reductions till July as soaring jet fuel prices, airspace restrictions and longer routes make several operations unviable, with CEO Campbell Wilson citing an “extremely challenging” operating environment.

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