16-Oct-2026 15:27:00
Government Finalises Airfare Rules; IndiGo Shares Fall Nearly 2% as Supreme Court Sets November 16 Deadline
The Centre has finalised new rules to regulate airline ticket pricing, informing the Supreme Court that the regulations have received administrative approval and will be published within two weeks. The court directed the government to submit the published rules by November 16 amid concerns over excessive and arbitrary airfares. The proposed framework could increase oversight of ticket prices and surge pricing. IndiGo operator InterGlobe Aviation fell around 2% following the development, as investors assessed the potential regulatory impact.