Latest Consolidated Fund of India News & Updates

New Delhi, June 4 (IANS) Amid the evolving situation in West Asia, the Centre on Thursday assured that all refineries in the country are operating at high capacity with adequate crude inventories, while sufficient stocks of petrol, diesel, and LPG are being maintained to ensure uninterrupted supply across sectors.In a related development, the Civil Aviation Ministry announced that the Union Cabinet has approved a one-time budgetary support mechanism of up to Rs 10,000 crore to provide ATF price …

New Delhi, June 4 (IANS) The government has fixed the basic price of aviation turbine fuel (ATF) for domestic airlines at Rs 86.32 per litre for up to three years under the new price stabilisation scheme aimed at keeping airlines financially viable and passenger tickets affordable amid the surge in international prices due to the Middle East crisis. Under the voluntary scheme, airlines participating in the scheme will pay the fixed free-on-board (FOB) benchmark price as well as airport charges, …

New Delhi, June 3 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved one-time budgetary support of Rs 10,000 crore for Oil Marketing Companies (OMCs) to provide ATF price stabilisation support to Scheduled Indian Airlines for their domestic and international operations amid the West Asia crisis.The budgetary support will be in the form of interest-free advances to OMCs through the Demands for Grants of the Ministry of Petroleum and Natural Gas. It will shiel…

New Delhi, May 5 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved the introduction of the Supreme Court (Number of Judges) Amendment Bill, 2026, in the Parliament to increase the sanctioned strength of judges in the apex court. The proposed legislation seeks to amend the Supreme Court (Number of Judges) Act, 1956, enhancing the number of judges from the present 33 to 37, excluding the Chief Justice of India (CJI).According to an official statement, the move …