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The Hindu Businessline

Economy / The Hindu Businessline

Fuel shock hits airlines: fares up, outlook trimmed

Fuel costs have jumped from $85$90 per barrel to as high as $150$200, forcing airlines worldwide to raise fares, introduce surcharges, cut flight capacity and revise earnings outlooks.

23 Apr 2026 1:29 pm
Private sector growth accelerates in April, manufacturing leads recovery

Manufacturing emerged as the key growth driver, recording faster increases in output and new orders, while services saw moderate improvement.

23 Apr 2026 1:18 pm
mRube trade crosses 875 crore, expands to Northeast

The platform has significantly widened its footprint beyond traditional rubber-growing regions, making strong inroads into remote areas of Northeast India, particularly Tripura

23 Apr 2026 12:58 pm
India risks complacency without reforms: Bernstein in open letter to PM Modi

A central concern is employment, especially as generative artificial intelligence threatens the services sector that has powered Indias middle class for decades

23 Apr 2026 12:48 pm
Vizhinjam Port cuts Vallarpadam transshipment volumes by half in FY26

Overall cargo throughput also declined by 8 per cent, reaching 7,67,948 TEUs compared to 8,34,665 TEUs the previous year

23 Apr 2026 11:30 am
Indias move to export 5 mt wheat unlikely to impact global market

Prices over $20 a tonne higher than world prices; shipments may find their way into Nepal, Bangladesh

23 Apr 2026 11:28 am
Petrol & diesel prices may surge 2528 per litre after April 29 polls: Kotak

The brokerage said the current freeze on retail fuel prices is increasingly unsustainable, with Indian refiners absorbing significant losses as crude costs remain elevated

23 Apr 2026 10:48 am
Corporates can file overdue returns under Companies Act by paying just 10% addl fees

The scheme, Companies Compliance Facilitation Scheme, 2026 (CCFS-2026), has come into operation with effect from April 15 and will be in force till July 15

23 Apr 2026 10:28 am
HSBC downgrades India to 'underweight' as oil shock clouds earnings recovery

Brent crude is up 42% since the war started in late February and is currently trading above $100 a barrel

23 Apr 2026 10:08 am
Its an idea whose time has come: Oil Ministry on ethanol blending over 20%

Currently, 20 per cent ethanol is blended with petrol, which the government aims to increase further

22 Apr 2026 9:16 pm
India decides to import 2.5 million tonnes of urea at $935 & $959/tonne

The fertilizer will be sourced from Russia, Algeria, Nigeria, Egypt, Indonesia and Malaysia

22 Apr 2026 9:16 pm
Air India eyes 1520% flight cuts amid fuel cost pressures, operational challenges

International routes may see deeper reductions as rising aviation turbine fuel prices and longer flying times affect aircraft utilisation

22 Apr 2026 8:36 pm
Indias urea stock at 4-year low ahead of kharif sowing season

Situation with other fertilizers comfortable, but urea supplies will be critical to maintain foodgrain output

22 Apr 2026 8:28 pm
Indian Railways sends its first Amul milk freight train to Jammu and Kashmir

The train departed on April 20 and completed its journey to the two destinations, marking the first time Amul products have been shipped to the region in bulk by rail

22 Apr 2026 8:27 pm
Intensifying extreme heat events raise risks to agri-food systems, says report

The report titled Extreme heat and agriculture has been prepared by the Food and Agriculture Organization and the World Meteorological Organization

22 Apr 2026 8:06 pm
Exporters keep fingers crossed on US duty refunds

The US Customs has opened an online portal on April 20 where US importers and authorised brokers must file claims with shipment data, tariff lines and proof of payment

22 Apr 2026 8:06 pm
Disaster resilience needs to be integrated into infra projects, says DEA Secretary Thakur

Economic Affairs Secretary says resilience is a development and fiscal imperative, not just environmental concern

22 Apr 2026 2:56 pm
Airlines widen reform pitch beyond fuel pricing; flag tax distortions, competitive imbalance

Industry seeks structural tax and pricing reforms alongside short-term relief on jet fuel costs amid West Asia-driven volatility

22 Apr 2026 2:35 pm
Three vessels hit by gunfire in Strait of Hormuz, crews safe

Iran has imposed restrictions on ships using the strait, first in retaliation for the US-Israeli bombardment of the country, and then in response to a US blockade of Iranian ports

22 Apr 2026 2:26 pm
Indias textile exports rise 2.1% in FY26 to 3.16 lakh crore, led by RMG

Exports expanded across more than 120 markets, supported by policy measures like RoSCTL and RoDTEP schemes

22 Apr 2026 1:26 pm
Hot anticyclone rules over south as cooler western disturbance eyes North-West

Moderate rain, snow, thunderstorms for hills of North-West India; isolated over Peninsular India

22 Apr 2026 12:53 pm
Gold worth $700 billion lying idle can fund India's growth: Nilesh Shah

Kotak AMC MD calls for monetisation push to unlock vast domestic capital

22 Apr 2026 12:44 pm
Iran tankers go dark to sail past US blockade laden with crude

Figures from Vortexa suggest that Iran is still able to export its oil, with at least 34 Iran-linked tankers and gas carriers making their way through the strait and past the warships

22 Apr 2026 12:36 pm
Amazon in pact with Bayers TGRA for carbon credit offtake from sustainable rice project

TGRA is implementing project among 13,000 farmers across 35,000 ha to reduce methane emissions from rice cultivation

22 Apr 2026 12:26 pm
Ageing states see lesser utilisation under SASCI: SBI report

Kerala, Tamil Nadu trail youthful states as capex scheme uptake remains uneven across demographics

22 Apr 2026 12:16 pm
Indias drop to sixth-largest economy is a temporary blip, says Nilesh Shah

Reacting to International Monetary Fund data, he noted that a GDP base revision and a weaker rupee pushed Indias size below $4 trillion

22 Apr 2026 11:26 am
China, India place strategic bets on clean energy out of favour in the West

The massive bets by the world's two most populous nations come at the same time that the West has quietly backed away from its ambitious green hydrogen goals from the start of this decade after cost constraints proved stickier than anticipated

22 Apr 2026 11:06 am
Indonesia in talks to export 1 million tonnes of fertiliser to India, others

The move comes amid fertiliser shortages linked to geopolitical tensions, including the Iran conflict, which has disrupted supply chains.

22 Apr 2026 9:29 am
Despite rising prices, CCI sells over half the cotton procured during 2025-26 season

ICE Futures breach 80 cents per pound for July delivery, marking a increase of 30 per cent since early March

21 Apr 2026 9:21 pm
West Asia conflict: India adds record over 1 million PNG connections since March

On an average, more than 10,000 new PNG connections have been provided on a daily basis since March 15th.

21 Apr 2026 9:03 pm
As cotton prices rise, textiles industry seeks removal of 11% duty on imports

Industry stakeholders warn that the sustained price surge is eroding margins, particularly for exporters operating on long-term contracts with limited flexibility to absorb input cost increases

21 Apr 2026 8:32 pm
Shivraj Singh Chouhan expresses concern over low wheat purchase in M.P., to speak to CM

As of April 20, the Centre bought 7.26 lakh tonnes of wheat from Madhya Pradesh as against 47.15 lakh tonnes in the corresponding period a year ago

21 Apr 2026 8:31 pm
Govt proposes to increase minimum distance between new sugar mills to 25 km

State government will take a call if any existing plant plans to increase the production capacity of the commodity

21 Apr 2026 8:30 pm
Delhi Airports Terminal 3 Pier C conversion completed; to boost hub ambitions

Shift from domestic to international operations seen as strategic move to strengthen Delhis position as a global hub; facility now awaits regulatory clearance

21 Apr 2026 8:29 pm
Charter biz remains steady in April, could see 10-15% dip from next month

Election charters provide temporary support but leisure, pilgrimage and discretionary travel face pressure

21 Apr 2026 7:11 pm
El Nino may emerge between May and July

While some models indicate an earlier onset, others suggest a more gradual transition, with uncertainty hinging on ocean-atmosphere coupling a critical factor for sustaining a full-fledged El Nino

21 Apr 2026 6:51 pm
IIT (Ropar) launches Indias first fully integrated agricultural intelligence system

The intelligence ecosystem comprising advanced weather stations called Swan, Krishi intelligence call centres and Annam chat engine

21 Apr 2026 5:48 pm
Atomgrid opens new R&D centre in Bengaluru for speciality agrochemicals

The facility currently houses 15 scientists and researchers, with plans to expand to 25 over the next 12 months

21 Apr 2026 5:20 pm
Indias seafood exports cross 72,325.82 crore in FY26 on shrimp led growth, market diversification

Exports of frozen fish, squid, cuttlefish, dried items, and live products showed positive momentum, while chilled products declined

21 Apr 2026 3:36 pm
SEA cautions on longer-term impact of geopolitical volatility in edible oil sector

While the temporary ceasefire and brief reopening of the Strait of Hormuz offered some initial relief, the situation has since turned ambiguous, with intermittent disruptions and conflicting signals

21 Apr 2026 3:15 pm
US starts tariff refunds; Indian exporters need to engage with buyers: GTRI

The Global Trade Research Initiative said that the engagement will be important as the refunded payments go only to US importers, and exporters have no legal right to claim them

21 Apr 2026 3:05 pm
FedEx completes India's first intra-city drone delivery flight trials in Bengaluru

During the trials, this reduced one-way transit time to nearly 21 minutes - demonstrating the potential for step-change improvements in time-critical logistics,

21 Apr 2026 2:48 pm
Marine fuel blenders, refiners chase heavy sweet oil amid Iran war disruptions

The reduced availability of fuel blending components is occurring at the same time refiners are reducing low-sulphur fuel oil production for marine fuel because of crude shortages, which is supporting spot premiums for the residual fuel used to power ships

21 Apr 2026 2:44 pm
Pakistan further extends airspace ban on Indian airlines till May 24

Airspace closures were previously enacted during the 1999 Kargil conflict and the 2019 Pulwama crisis

21 Apr 2026 2:16 pm
Nilgiri tea body seeks uniform rules from Tea Board

In a letter to Commerce Minister Piyush Goyal, the association said that the auction systems followed in the North and South are different, as are other mechanisms

21 Apr 2026 2:01 pm
IMO prepares Hormuz evacuation plan for hundreds of ships

The plan can only be put into action when there are clear signs of de-escalation, Secretary General Arsenio Dominguez said on the sidelines of Singapore Maritime Week

21 Apr 2026 1:29 pm
RBI Governor flags second-round risks from West Asia conflict

Speaking at Princeton University, he said monetary policy should look beyond immediate supply shocks while preventing inflation expectations from becoming entrenched

21 Apr 2026 1:21 pm
Fossil fuel generation in India, China falls for first time this century: Report

Record solar and wind growth drives historic shift in the worlds top electricity consuming centres, says Ember

21 Apr 2026 12:43 pm
KiVi, ASMS to roll out agri-fintech solutions in Maharashtra

The programme will initially be rolled out in Supa and Patas villages in Pune district

21 Apr 2026 12:28 pm
Morbi disruption hits KochiGujarat coastal shipping, cargo volumes drop

The disruption has had a cascading impact on the logistics ecosystem, with transporters and multimodal operators facing a sharp slowdown in business and idle fleet capacity

21 Apr 2026 12:14 pm