SENSEX 74,997.55
+ 221.81
NIFTY 23,598.90
+ 51.15
CRUDEOIL 8,542.00
India keeps local jet fuel prices unchanged after airline plea
The fuel price for domestic flights will remain unchanged at ₹1,04,927 rupees ($1,104.25) a kilo-liter in New Delhi for June, according to spokespeople from the state oil processors
TL;DRAI
India's state refiners froze domestic aviation turbine fuel (ATF) at ₹1,04,927/kl for June after airlines lobbied to pause hikes during the Iran conflict. After an 8.6% April hike and a weak rupee inflating dollar lease costs, the freeze offers brief margin relief for carriers, not a structural fix.
407 words~2 min read
