Aviation Turbine Fuel Prices Slashed

02 Feb 2024 CW Team

In a significant development for the aviation industry, Aviation Turbine Fuel (ATF) prices have been slashed by Rs 1,221 per kiloliter in Delhi. This comes just ahead of the much-anticipated Budget 2024, sparking discussions about potential impacts on the sector. The move is expected to bring relief to airlines facing financial challenges and may have implications for airfares.

The reduction in ATF prices, a crucial component of airline operational costs, has caught the attention of industry experts and stakeholders. It is seen as a strategic measure to boost the aviation sector, which has been grappling with the aftermath of the global economic downturn.

Key stakeholders, including airlines, industry analysts, and government officials, are closely monitoring the situation as they assess the potential ramifications on the overall economic landscape. The link to the full article provides detailed insights into the context and reactions from various quarters.

This development adds a layer of anticipation to the upcoming budget discussions, where the aviation sector's role in economic recovery is likely to be a focal point. Stay informed about this critical update in the aviation industry and its potential implications for the broader economy.

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..