November 3, 2026
Home Posts tagged Fuel Prices
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Indian airline IndiGo has indicated that higher airfares are inevitable as rising aviation fuel prices increase operating costs. The airline said it would adjust flight capacity and manage expenses carefully in response to higher fuel costs and changing market conditions. It expects capacity growth to remain in the low single digits during the December quarter. […]Continue Reading
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India’s state-run fuel retailers are approaching their borrowing limits as they continue selling petrol, diesel, and LPG below market prices, according to Oil Secretary Neeraj Mittal. The companies have been absorbing significant losses despite rising global crude oil prices. Mittal said revenue losses for state fuel retailers reached nearly ₹1 trillion in the first Continue Reading
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India’s wholesale price inflation (WPI) accelerated sharply to 9.68% year-on-year in May, exceeding the 9.05% forecast by economists, according to government data released on Monday. The surge, marking the fastest pace of growth in six months, was driven primarily by an energy shock originating from the military conflict in the Middle East. Fuel and power […]Continue Reading
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The Union Cabinet on Wednesday approved a one-time Price Stabilisation Fund of up to ₹10,000 crore to protect Indian airlines from sharp fluctuations in aviation turbine fuel (ATF) prices triggered by the ongoing West Asia crisis. The government said the support would be extended to oil marketing companies (OMCs) through interest-free advances routed via the […]Continue Reading
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Governments worldwide are scrambling to shield consumers from skyrocketing energy costs triggered by the U.S.-Israeli war on Iran and the near-closure of the strategic Strait of Hormuz. The crisis has forced nations across the globe to implement drastic economic interventions. These emergency strategies range from strict price caps and tax adjustments to the strategic Continue Reading

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