A ₹3/litre petrol-diesel hike amid Brent at $111.56 is rippling through India's consumption economy. Nifty FMCG fell 0.8%, Nifty Auto 1.5%, while SpiceJet sank 3.4% and IndiGo 1.2%. FMCG firms are raising prices but low-ticket SKUs resist full pass-through, pressuring margins and FY27 inflation now seen at 5% vs 4.6%.

Mint · Markets · 5/18/2026, 7:24:47 AM

Tata-owned Air India will temporarily suspend Delhi-Chicago, Mumbai-New York, Delhi-Shanghai, Chennai-Singapore and two other long-haul routes June through August, citing airspace restrictions and elevated ATF prices. Carrier maintains 1,200+ monthly international flights; FIA pushes for ATF pricing reform.

Indian Express · Business · 5/15/2026, 1:43:28 AM