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INDIA FUEL MARKET STATISTICS
Jet fuel price cut by Rs 5/litre as global oil prices easeA significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...
Petrol, Diesel prices cut on July 1: Check latest fuel rates in Delhi, Mumbai, Chennai, Kolkata, Bengaluru and other citiesNayara Energy has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre, attributing the move to easing international crude oil costs....
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...
New macro indicators in the works to track Viksit Bharat progressIndia is crafting a robust Viksit Bharat Sankalp indicator framework, featuring around 385 macro indicators, to meticulously track its jour...
No single road to clean mobilityIndia stands at a pivotal moment in its mobility sector, where reducing oil dependency is critical due to global energy challenges. Ethanol...
Vladimir Putin reveals shocking truth: Russia is suffering fuel crisis due to Ukrainian drone strikes, filling stations are shut, no sales to private motoristsVladimir Putin acknowledged on Sunday at a meeting with government ministers and other officials that Ukrainian drone strikes had triggered...
India plans to add strategic fuel reserves after Iran war shockIndia is bolstering its energy security by planning strategic reserves of crude oil, LPG, and LNG to cover up to a month's demand, aiming t...
Treat administrative data as national asset: PK MishraIndia's administrative data should be treated as a national asset to enhance policymaking and service delivery, according to Principal Secr...
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...
Economic indicators point to resilient Indian economy despite global headwinds: MoSPI SecretaryIndia's economy is demonstrating remarkable resilience against global challenges, according to Saurabh Garg, Secretary of MoSPI. He highlig...
India's electric car sales set to cross 3 lakh units for first time in 2026: ReportIndia's electric passenger vehicle market is poised for a significant leap, projected to surpass 3 lakh annual sales in 2026. This surge is...
Repeated crises reaffirm role of PSU oil firmsDuring national emergencies such as floods and the recent pandemic, India's state-run oil companies have shown their crucial importance by ...
Plan afoot to create index for unincorporated enterprisesThe index, proposed by the ministry of statistics and programme implementation (MoSPI), will provide insights into the health of the large ...
From floods to war, state-run oil firms prove indispensable despite repeated privatisation bidsIndia's state-run oil companies have proven indispensable during national crises, from floods and pandemics to global conflicts. Despite pa...
Charting the global economy: US spending rises, weather loomsUS consumer spending remains robust despite rising prices, though new home sales dipped. President Trump is scrutinizing gasoline costs. Eu...
India’s ethanol strategy: Automakers treading cautiously, consumers remain unconvinced and experts are waryWith the rollout of E85 fuel and policy changes to support mass flex-fuel deployment, the government is attempting something few large econ...
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...
Service output index to debut next month with FY25 baseIndia is set to launch the Index of Service Production (ISP) next month, a crucial new monthly indicator mirroring the Industrial Productio...
MoSPI releases discussion paper to identify apt method to compile coal monetary asset accountsIndia's Ministry of Statistics has released a discussion paper on valuing coal assets monetarily, aligning with UN environmental accounting...