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FUEL CONSUMPTION REDUCTION INDIA
No overcapacity in steel, textiles; India's consumption remains low: DGTRIndia has rejected US claims of excess capacity in its textile and steel sectors. Officials state per capita consumption of these products ...- US-Iran war: Oil seen averaging at $105 per barrel in June, July as brent remains below $100 a barrelIran war impact: Oil prices are projected to average $105 per barrel in June and July. This forecast assumes continued Strait of Hormuz dis...
- Iran war fallout: Fuel use drops 6.5% in May; experts see warning signs for economyIndia's demand for transportation fuels and petroleum products is declining due to supply disruptions and higher prices stemming from the I...
- India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
- India's May fuel consumption up 2.4%; LPG demand drops 20% amid Hormuz disruptionsIndia's fuel consumption rose to 19.93 million metric tons in May, a slight increase from April but a 6.5% drop year-on-year. Liquefied pet...
- Govt cuts subsidised LPG cylinders to Ujjwala beneficiaries to 4The government has cut the annual subsidised cooking gas cylinders for Ujjwala scheme beneficiaries to four. This move aligns support with ...
- 100 days of Iran war: India must brace for broad-based economic shockIn a volatile turn of events, escalating strikes between Iran and Israel are sending shockwaves that may reach India’s economy. As the spec...
- India has 76 days of fuel reserves, oil supplies secure: Hardeep Singh PuriIndia possesses robust fuel reserves, sufficient for approximately one month of disruption. The nation's diversified sourcing strategy and ...
- India’s consumer demand remains resilient despite Iran war, inflation pressures; FMCG firms stay cautiously optimisticDespite geopolitical turmoil and inflation, domestic consumption of essentials and personal care products remains resilient. Company execut...
- “AC bill too high even at 24°C?”: Expert reveals how to run air conditioner with up to 30% lower power consumptionEnergy auditor says AC electricity bills can be reduced by up to 30% through a combination of simple habits, low-cost upgrades, and regular...
- PM Modi chairs key meet with Economic Advisory Council to asses impact of West Asia warPrime Minister Narendra Modi convened with the PM-Economic Advisory Council. Discussions focused on the West Asia conflict's impact on Indi...
- E85 vs Petrol: How much does it cost, why is it cheaper, and who can use it?India has launched E85 ethanol-blended fuel in Delhi, priced significantly lower than standard petrol. This move aims to reduce crude oil d...
- Maruti Suzuki to invest Rs 925 crore by FY31 towards green energy initiativesMaruti Suzuki India Ltd announced a Rs 925 crore investment by FY 2030-31 for green energy, including two biogas projects. A new 10 TPD bio...
- Cold storages struggle as Gulf cargo lands in IndiaIndian cold storages are full of imported apples, avocados, and dry fruits. Shipping disruptions due to the Iran war are causing these dive...
- Government rolling out 100 ethanol fuel stations in Delhi-NCR, Maharashtra: Hardeep Singh PuriIndia is expanding its network of ethanol fuel stations across Delhi-NCR, Pune, Mumbai, and Nagpur. This initiative aims to significantly r...
- Petrol, diesel price hikes in India remain 'very minor' compared with global peers: Hardeep Singh PuriIndia's fuel price hikes are minor globally, with the nation ranking second lowest. This stability stems from a focused energy strategy. Th...
- Higher petrol, diesel prices threaten to rekindle inflation pressures: ReportFuel prices are rising in India. This will increase transport and manufacturing costs. These higher costs will likely lead to more inflatio...
- LPG sales decline 24% in May; Petrol and diesel see 4.8% and 6.4% rise, respectivelyLPG sales saw a significant drop of 24 percent in May compared to last year. Meanwhile, petrol and diesel sales by state-run companies incr...
- Jet fuel under-recovery at Rs 30/Litre, LPG demand managed: Govt as fuel sales surge 30% in MayDomestic jet fuel prices continue to track international markets with under-recovery of around Rs 30 per litre, the government said Monday,...
- Sikkim govt revokes odd-even restrictions for private vehicles across state, Gangtok excluded from relaxationThe Sikkim govt has lifted odd-even vehicle restrictions across most districts. This decision comes as fuel stocks are now sufficient. Howe...
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