BackAir India, IndiGo Cut Domestic Flights 22% and 5-7% Respectively Amid High Fuel Costs

NEWS

Economic Times5/27/2026BusinessIndia

Air India, IndiGo Cut Domestic Flights 22% and 5-7% Respectively Amid High Fuel Costs

Adjustments from June to August 2026 Due to Sustained High Aviation Turbine Fuel Prices

Quick Look

Air India reduces domestic flights by up to 22% and IndiGo by 5-7% from June to August 2026 due to high ATF prices impacting operations.

AI-generated summary

Font size

Air India reduces domestic flights by up to 22% and IndiGo by 5-7% from June to August 2026 due to high ATF prices impacting operations.

Read the full article on Economic Times

Traditional Japanese manufacturers, known for products like toilets (Toto), glass fibre (Nittobo), and food seasonings (Ajinomoto), are emerging as crucial suppliers of specialized materials for advanced AI chip manufacturing and packaging, becoming "second-order AI beneficiaries" as global AI investment surges.

TOI World

4 min read

Developing·1 hour ago

Global Markets Brace for Central Bank Decisions Amid Middle East Conflict, Oil Surge, and New Tariffs

Global markets face a pivotal week with Federal Reserve, Bank of Japan, and Bank of England meetings, heightened by Middle East conflict, oil prices above $100, and new US tariffs. Investors also await Big Tech earnings and inflation data for interest rate clues.

Economic Times

4 min read

Developing·1 hour ago

Rs 9,330.56 Crore Lies Unclaimed in Inoperative EPF Accounts as of March 2026

As of March 31, 2026, Rs 9,330.56 crore remains in inoperative Employees’ Provident Fund (EPF) accounts, as revealed by the government in Rajya Sabha. The EPFO is conducting outreach to inform members, who can claim funds by transferring or withdrawing them.

Economic Times

2 min read

Developing·3 hours ago

India's Exports Face Minimal Impact from New US Tariffs, Textile Sector Needs Monitoring

The US imposed new Section 301 tariffs, placing India in the lower 10% category, with minimal overall impact on its exports, according to FIEO. However, India's textile sector requires close monitoring for future tariff-rate quotas affecting competing nations.

Economic Times

2 min read

Developing·3 hours ago

Indian Banks, Insurers to Launch Common Customer Identification System in August

Indian banks and insurers will launch the Central Know-Your-Customer 2.0 (CKYC) system in August, allowing customers to access financial products without repeated ID submissions. Asset managers will join later, aiming to deepen financial participation and combat fraud by simplifying data access with customer consent.

Economic Times

3 min read

Developing·3 hours ago

EPFO Begins Crediting 8.25% Interest for FY 2025-26: How to Check Your Balance

The Employees' Provident Fund Organisation (EPFO) has started crediting 8.25% interest for FY 2025-26 to EPF accounts, with many subscribers receiving SMS confirmations. The process is phased, and members can verify their balance via the EPFO portal, a missed call, or SMS service.

Economic Times

2 min read

Air India, IndiGo Cut Domestic Flights 22% and 5-7% Respectively Amid High Fuel Costs

Quick Look

Related Topics

Related Stories

Japan's Hidden AI Winners: Toilet, Glass Fibre, and Seasoning Makers Powering the Chip Revolution

Global Markets Brace for Central Bank Decisions Amid Middle East Conflict, Oil Surge, and New Tariffs

Rs 9,330.56 Crore Lies Unclaimed in Inoperative EPF Accounts as of March 2026

India's Exports Face Minimal Impact from New US Tariffs, Textile Sector Needs Monitoring

Indian Banks, Insurers to Launch Common Customer Identification System in August

EPFO Begins Crediting 8.25% Interest for FY 2025-26: How to Check Your Balance