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Aditya Birla Group company will acquire Shell-owned Sprng for USD 1.8 bn
Plus: Akasa Air seeks liquidity injection to navigate Iran war fallout
THIS AFTERNOON: India declares national mourning for Qatar’s former emir; India eases shipping rules for Gift City
Plus: Indian crew member missing after attack in Hormuz
THIS AFTERNOON: New Delhi seeks safe passage of India-bound tankers
Plus: RBI wants banks kept away from crypto
India moves to challenge Gulf aviation hubs with new transit model
India launches a hub-and-spoke strategy to reduce dependence on Gulf transit airports and to turn Delhi, Mumbai, and Bengaluru into…
SalamAir eyes expansion in India
The airline is considering routes to Goa, Navi Mumbai, Hyderabad, Nagpur, Guwahati and Kolkata as appetite for low cost carriers…
THIS AFTERNOON: Indian government hikes diesel, jet fuel windfall taxes
Plus: India purchases 6 mn Adnoc barrels
78 days of the Iran war cost the Indian government USD 13 bn to control fuel prices
India’s fuel-price cushion is turning into a wider fiscal challenge, with support now covering OMCs’ losses, jet fuel stabilization, and…
IATA warns of flight cuts as fuel spikes and Gulf travel slumps
Indian carriers face higher ATF costs, weaker Gulf-linked travel demand, and tighter airspace planning as fuel costs pressure airline margins…
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