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ECONOMIC ACTIVITY DIESEL DEMAND
OMCs lost Rs 18.9/litre on diesel, ₹6 on petrol in Q1State-run oil companies faced significant losses in the April-June quarter, losing ₹18.9 per litre on diesel and ₹6 on petrol. This downtur...- June services growth hits 17-month low as client interest fadesIndia's services sector growth slowed significantly in June, hitting a 17-month low as domestic demand weakened. New business expansion als...
- Russian fuel crisis prompts rush for Chinese electric carsRussian drivers are flocking to Chinese electric vehicles amid severe fuel shortages caused by escalating Ukrainian strikes on energy infra...
- China’s factories cap best quarter since 2020, survey showsThis "two-speed" activity sees booming tech sectors contrasting with traditional exporters struggling due to weakening global demand. The p...
- Growth engine revving as GST, auto sales rise despite global roadblocksIndia's economy shows robust growth in Q1 FY27, with GST collections soaring 13.9% to Rs 1.95 lakh crore in June. Car sales surged 24%, and...
- Petrol, diesel price today: Have state-run OMCs cut fuel prices after Nayara Energy's rate slash? Check latest ratesNayara Energy, India's largest private fuel retailer, has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre nationwide. This marks...
- Global AI wave revs up Asian factories, offsetting war-induced painAsia's manufacturing sector experienced a significant boost in June, driven by robust demand for AI-related technology goods. This surge pr...
- Nayara Energy cuts petrol price by Rs 5, diesel by Rs 3 amid softening oil pricesNayara Energy has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre nationwide, marking the first reduction in over two years. Thi...
- Easing oil prices, supply chains to soften external pressures on India: Finance ministryIndia's economy remains resilient despite global uncertainties, with easing oil prices and improving supply chains offering some relief. Ho...
- Industry seeks payment in rupee for domestic supplies at maiden SEZ reforms stakeholder consultationSEZ developers are urging the government to allow domestic sales in Indian Rupees, citing subdued global demand. They also proposed job wor...
- Sri Lanka reduces fuel prices after Middle East ceasefireSri Lanka on Tuesday cut fuel prices by up to six percent, the first such move since the Middle East war triggered a surge in energy prices...
- Corporate giants turn to urban regeneration as redevelopment race intensifiesIndia's largest corporate houses are focusing more and more on urban regeneration, shifting real estate focus from land acquisition to rede...
- Government lifts curbs on petrol, diesel sales at pumps as global oil prices fallFuel stations can now freely sell petrol and diesel to all customers. The government has removed restrictions on bulk buyers purchasing fue...
- Quote of the Day by Vin Diesel: “With age, you get to a place where you don't want to knock people out. You just want to… — Inspiring lessons on growth, maturity, experience, transformation and why choosing peace over conflict matters by the American actor known for his iconic role in the Fast & Furious franchiseQuote of the Day by Van Diesel: Vin Diesel’s quote, “With age, you get to a place where you don't want to knock people out. You just want t...
- Oil cools, monsoon heats up concerns for India's rural economyThe recent drop in crude oil prices is providing some relief from inflation worries. Yet, the unpredictable monsoon season poses a serious ...
- India lifts curbs on retail sale of petrol, diesel to commercial buyers from July 1India has removed restrictions on commercial buyers purchasing petrol and diesel from retail outlets, effective July 1. These emergency mea...
- India is plotting a game-changer for RBI, banks, corporates, investorsIndia is planning a high-frequency index to track its vast informal economy, covering millions of unincorporated companies. The proposed Mo...
- Himachal Pradesh to launch start-up bus scheme with up to 50% subsidy for youthHimachal Pradesh is launching Phase IV of the Rajiv Gandhi Swarozgar Start-up Yojana, empowering unemployed youth to run passenger buses. T...
- Oil falls to pre-war levels, no change in petrol and diesel prices in IndiaGlobal crude oil prices have fallen to their lowest levels since before the Iran conflict, with Brent slipping to around USD 72–73 per barr...
- Railways showed the way. What should India electrify next?If railway electrification was one of the defining infrastructure decisions of the twentieth century, the electrification and redesign of I...
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