Govt caps ATF hikes to 25% a month for domestic flights to curb fare spikes

Govt caps ATF hikes to 25% a month for domestic flights to curb fare spikes

In a move aimed at shielding passengers from sharp airfare surges, the government has capped monthly increases in aviation turbine fuel (ATF) prices for domestic flights at 25%, according to Reuters.The decision comes amid volatility in global energy markets linked to the ongoing Iran crisis, which has pushed up fuel costs and added pressure on airlines.

Watch

Iran War Impact Hits India: Commercial LPG Prices Rise, Airfares Set To Surge As Fuel Costs Double

Defence Minister Rajnath Singh welcomed the move, saying it would help protect passengers from sudden increases in ticket prices.In a related development, the government said private operators are facing supply constraints in auto LPG due to procurement challenges. It added that dual-feed auto operators are being encouraged to switch to petrol wherever feasible.

  • Related Posts

    US 30-year mortgage rates climbs to 6.46%, highest in nearly 7 months; homebuyers face fresh cost pressure

    The average long-term US mortgage rate has climbed for the fifth consecutive week, reaching its highest level in nearly seven months and adding to affordability challenges for homebuyers during the…

    Govt rolls out measures to cushion Gulf trade hit: DGFT

    The government has introduced a series of measures to support exporters facing disruptions from the ongoing Gulf conflict, with key sectors such as gems and jewellery, rice and pharmaceuticals under…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Gemini Horoscope Today, April 3, 2026: Business people can open a new venture or start a new product line

    Gemini Horoscope Today, April 3, 2026: Business people can open a new venture or start a new product line

    Navy escorting tankers from Strait of Hormuz, no dearth of fuel or gas in country, says defence minister | India News

    Navy escorting tankers from Strait of Hormuz, no dearth of fuel or gas in country, says defence minister | India News

    CM Omar seeks probe in Ganderbal ‘encounter’ after family disputes ‘terrorist’ claim | India News

    CM Omar seeks probe in Ganderbal ‘encounter’ after family disputes ‘terrorist’ claim | India News

    California couple Gladwin and Amelou Gill arrested for $7.45 million medicare fraud at hospice with ‘unusually high’ patient survival rates

    California couple Gladwin and Amelou Gill arrested for $7.45 million medicare fraud at hospice with ‘unusually high’ patient survival rates

    UK Police seek anonymous letter writer to solve 13-year-old mystery of mother, five children killed in house fire

    UK Police seek anonymous letter writer to solve 13-year-old mystery of mother, five children killed in house fire

    Bimal Oberoi compares Hamza–Shirani bond to MS Dhoni–Yuvraj Singh World Cup moment; recalls Ranveer Singh, Akshaye Khanna’s ‘aura’ | Hindi Movie News

    Bimal Oberoi compares Hamza–Shirani bond to MS Dhoni–Yuvraj Singh World Cup moment; recalls Ranveer Singh, Akshaye Khanna’s ‘aura’ | Hindi Movie News