

Air India to reduce domestic flight frequencies by 20% from June to August 2026 due to high fuel prices.

Air India is reducing domestic flights by up to 22 percent. This move comes as the airline faces rising operational costs from high fuel prices. International flights have also seen a reduction of around 27 percent. Passengers affected will be assisted with r…

"Air India will continue to monitor demand and operating conditions closely, with a view to restoring frequencies as conditions stabilise," it said in the statement

Fuel price hikes are squeezing cement companies' profits, increasing logistics costs and limiting their ability to raise prices amid competition.

Regional airlines are cutting flights and optimizing costs amid rising fuel prices and a weak rupee, impacting operations.

Fuel price hikes are squeezing cement companies' profits, increasing logistics costs and limiting their ability to raise prices amid competition.

While the Reserve Bank of India is expected to maintain a policy pause in its June meeting, economists believe persistent crude oil prices near USD 95 per barrel could eventually force rate hikes in the second half of FY27

Retail inflation may reach 5 percent by June due to fuel price increases and higher gold and silver import duties. Economists believe the Reserve Bank of India will observe the impact of these hikes before considering interest rate changes in the latter half …

As petrol and diesel prices rise again, economists warn the impact could soon spread beyond fuel pumps. From vegetables and groceries to transport, delivery services and manufacturing costs, higher diesel prices are expected to push inflation higher across mu…
Congress leader Mallikarjun Kharge criticized the Modi government for increasing fuel prices. He highlighted that despite a fall in crude oil prices over the past 12 years, petrol and diesel costs have risen significantly. This impacts common citizens through…

The survey indicates Kiwis' interest in immigration has decreased.
The Reserve Bank of India is expected to hold off on interest rate hikes. Inflation risks are rising due to fuel prices and monsoon uncertainty. A rate increase is only likely by year-end if price pressures continue. The central bank will monitor for broader …

Industry executives said rising fuel costs are pushing buyers to prioritise long-term running expenses over upfront prices, especially in entry-level cars and commuter two-wheelers


India's state-run fuel retailers raised gasoline and diesel prices for the fourth time in 10 days in response to disruptions in global energy markets.
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While the Centre reduced excise duty earlier this year, most states have not cut VAT or sales tax rates, leading to significant differences in fuel prices across regions
Fuel prices have risen again. Union Finance Minister Nirmala Sitharaman highlighted the West Asia crisis impact. She stated this crisis means higher fuel costs for citizens. The government is foregoing Rs 1 lakh crore in revenue. This is due to excise duty cu…
Fuel prices have increased again. Arvind Kejriwal, AAP leader, questioned Prime Minister Narendra Modi. He asked why India is not purchasing cheaper oil from Russia and Iran. He stated that 140 crore people are facing hardships due to rising inflation. Petrol…

India’s state-owned energy majors that trade in fuels raised prices at the pump for the fourth time in the space of a month, reflecting the continued effect of the Strait of Hormuz closure on oil and fuel flows. The cumulative price hike since the start of th…

The rising costs of everyday goods are hitting households hard, with global shipping bottlenecks and increased fuel prices as key culprits. Experts warn that this inflationary pressure will soon affect everything from grocery bills to loan interest rates.
The Reserve Bank of India's dividend payout provides a small fiscal buffer. However, government finances face pressure from fuel excise cuts and rising fertiliser subsidies. Inflation risks are increasing due to higher fuel prices. This situation suggests a c…