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INDIA FUEL MARKET TRENDS
India’s consumers are back, its stocks aren’t: Srinivasan SivabalanAmid the vibrant festive season in India, consumer demand is soaring, prompting businesses to boost sales and raise prices accordingly. How...- Diesel sales surged 11.7%, petrol 3.1% in OctoberDiesel sales experienced an 11.7% year-on-year increase in October due to heightened economic activity. Petrol sales, on the other hand, in...
- Electric car sales nearly double in OctoberElectric car sales in India nearly doubled year-on-year to 35,777 units in October, taking their share of passenger vehicle sales to 7% fro...
- EAM Jaishankar discusses Ukraine-Russia conflict solutions amid G20 summitIndia has engaged in discussions with Russia, Europe, and Ukraine regarding the ongoing conflict and its impact. These talks focused on pre...
- Ferrero sees India entering top 10 global markets, bets on premiumisation, ramps up product launchesFerrero sees India as a key market, expecting its growth in the premium chocolate segment. The company aims for sustainable growth, expandi...
- FPIs pull out Rs 34,843 cr from equities in Oct; turn net buyers last weekAmidst rising economic fears, foreign portfolio investors withdrew Rs 34,843 crore from Indian equities in October. Although they had made ...
- Fuel, forex and farmers: Why India is betting big on maizeA grain that once fed chickens now fuels cars and, soon, planes. The harder question is whether Indian farms can keep up with the demand it...
- Cordelia Cruises targets top-five global cruise market status for India by 2032Cordelia Cruises intends to expand its fleet to enhance domestic cruise tourism and increase capacity. The company currently operates two s...
- Reliance Industries expands fuel exports to Africa, Europe as West Asia conflict disrupts suppliesReliance Industries has redirected fuel exports to Africa, the Mediterranean and other European markets to capitalise on supply disruptions...
- Government scraps export duty on petrol, raises levies on diesel and ATFThe Indian government has abolished the special additional excise duty on petrol exports as of now. Diesel export levies have been raised t...
- Reliance looks to Latin America, North America and the Mediterranean as Middle East oil disruptions put supply chains under pressureIn response to global energy market turmoil, Reliance Industries revamped its crude oil sourcing strategy for the July-September quarter. T...
- Petrol price in India cheaper than US, UAE, China, Canada: Global average petrol rate is Rs 150, diesel Rs 159, data showsPetrol rate in India are lower than in the US, UAE, China, Canada and several other countries, according to global fuel price data. While t...
- India housing market: Unsold stock up 12%, affordable homes gain ground; should you buy now or wait?
- Indonesia looks to India & China for fuel suppliesIndonesia is exploring gasoline imports from India and China to combat rising global crude oil prices. The country's energy minister Bahlil...
- IndiGo posts Rs 1,879-crore loss as high fuel costs, geopolitical woes hit; capacity cuts & yield management offer only partial relief, says CEO Willie WalshIndiGo reported a net loss of Rs 1,879 crore in the September quarter as a sharp rise in jet fuel prices and foreign exchange costs offset ...
- High freight rates narrow Indian refiners’ crude oil choices, squeeze marginsWith freight rates reaching unprecedented levels, Indian refiners are facing escalating crude oil expenses that are eroding their margins. ...
- Airlines can't predict oil prices anymore. Travellers may be left footing the billAirlines globally face challenges in fuel cost hedging as prices remain elevated due to geopolitical tensions. Major airlines like AirAsia ...
- Gadkari urges industry to manufacture tunnel boring machines in IndiaNitin Gadkari urged the industry to focus on developing tunnel machinery indigenously due to recent export controls from China. The Indian ...
- E100 ethanol fuel allowed in India: What it is, whether you can use it in your existing petrol car & what the new rules meanE100 ethanol fuel India: The government has amended vehicle emission rules to allow E100, a fuel containing 100% ethanol, in compatible fle...
- Govt amends motor vehicle rules to allow E100 fuel for flex-fuel vehicles, clarifies E20 vehicles unaffectedThe Centre has amended the Central Motor Vehicles Rules, 1989, to recognise E100 fuel for flex-fuel vehicles designed to run on up to 100% ...
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