Indian Government Launches ₹10,000 Crore Fund to Stabilize Jet Fuel Prices
The Union Cabinet of India officially approved a ₹10,000-crore Aviation Turbine Fuel (ATF) price stabilization fund this week in New Delhi, a strategic move designed to protect domestic airlines and oil companies from extreme volatility in global fuel markets. The initiative, launched amidst escalating geopolitical tensions in the Middle East, aims to insulate the aviation…