India SC refuses urgent airfare plea; Centre fast-tracks aviation rules

India's Supreme Court declined urgent listing of a plea alleging a 700% surge in airfares, advising against air travel. The Centre stated that new aviation rules under the Bharatiya Vayuyan Adhiniyam are being fast-tracked to curb fare volatility and protect passengers. The development signals a potential regulatory shift in Indian aviation pricing, but immediate market impact is limited pending rule implementation.

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