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PETROL SALES INCREASE
Oil PSUs' June quarter losses miss govt's ₹75,000 crore estimate by wide marginState-run oil firms reported combined net losses of ₹18,149 crore in the June quarter. This figure was significantly lower than the governm...- The ethanol story is changing. Is investing in the ecosystem the better way? 15 stocks across different market cap segmentsThe ethanol story started simply enough: Cut India's dependence on imported crude oil. It would save foreign exchange. Give farmers a new a...
- Indian Oil reassesses ₹33,000 crore Tamil Nadu refinery, eyes petrochemicals complexIndian Oil Corp is reassessing its Tamil Nadu refinery project due to economic viability concerns. The company is now exploring a standalon...
- Petrol sales rise 8.6%, diesel demand jumps 9.4% in July; LPG, jet fuel consumption declinesPetrol and diesel sales saw significant year-on-year increases in July. This growth was fueled by greater mobility and economic activity ac...
- Petrol, diesel sales soar on weak monsoon rains, LPG demand shifts to piped gasPetrol and diesel sales saw a significant increase in July. Below-normal monsoon rains boosted demand from farmers and motorists. Diesel sa...
- IOC slips into loss in Q1 on holding fuel prices despite rise in costIndian Oil Corporation reported losses for the June quarter that were lower than analysts expected. This was largely due to efficiency impr...
- Lamborghini profit slips as tariffs, Middle East conflict weighLamborghini's operating profit declined over eight percent in the first half. This reflects sector-wide fragility spurred by tariffs and Mi...
- Alternate fuel penetration in Indian CV industry to touch 40-45% by FY30: ICRAThe rise in EV penetration in the commercial vehicles (CV) industry is led primarily by the bus segment within the M&HCV (medium and heavy ...
- Maruti Suzuki puts SUV focus on the fast track for growthMaruti Suzuki aims to become India's largest SUV maker. The company is expanding its utility vehicle portfolio and brand positioning. Facto...
- Premium car buyers drive EV, hybrid shift as high-margin segment goes electricElectrified vehicles are now nearly half of new premium car registrations. This significant shift reflects changing buyer preferences in In...
- Mercedes-Benz India rolls out E25-compliant cars amid biofuel pushMercedes-Benz India is introducing E25 compliant vehicles for the Indian market. This move anticipates future government regulations on bio...
- No ethanol in premium petrol; no plans to restore E0/E10 petrol: GovernmentPremium petrol grades will continue without ethanol blending, the government stated. No decision has been made to increase ethanol blending...
- Automobile industry urges formal mechanism for petrol pump fuel quality checks amid E20 concernsAutomakers want a formal system to detect fuel contamination at petrol pumps. Drivers report worsening vehicle performance after increased ...
- RIL's Q1 operational revenue hits milestone with 25% YoY jumpReliance Industries saw a twenty-five percent profit drop in the June quarter. Revenue from operations increased twenty-five percent, cross...
- CAFE III norms signal faster EV shift in India while balancing automakers concerns: NomuraCAFE refers to government regulations that require automakers to meet a specific average level of fuel economy or CO₂ emissions across thei...
- India raises windfall tax on diesel, jet fuel exports; cuts levy on petrol exportsIndia's government has adjusted windfall taxes on fuel exports, effective July sixteenth. The export duty on petrol has been reduced to two...
- India-UK FTA: Rolls-Royce, Range Rover cars to get cheaper by crores in IndiaImported British luxury car prices will significantly decrease starting July fifteenth. Customs duty on eligible vehicles will fall from 11...
- Brent below $80 to sustain OMC earnings recoveryOil marketing companies' margins are expected to remain stable as crude prices stay below $80. Recent crude price drops have significantly ...
- In reverse flow, India now supplies petrol to energy powerhouse RussiaIndia's petrol is navigating its way to Russia via international traders rather than through direct sales channels. The damage to Russia's ...
- EVs are emerging as the new choice for long-distance travel: BMW's Hardeep Singh BrarElectric vehicles are increasingly replacing diesel for longer journeys in India. BMW India reports a significant rise in electric vehicle ...
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