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FUEL IMPORTS
Nitin Gadkari says, 'I travel in a hydrogen vehicle': Minister reveals hydrogen buses to be introduced on 10 routesNitin Gadkari said he travels in a hydrogen-powered Toyota Mirai as he highlighted the government's push for clean fuels, electric mobility...
Ethanol can help raise farmers' income and reduce fuel imports: Nitin GadkariUnion minister Nitin Gadkari on Friday said greater ethanol use could boost farmers’ incomes and reduce India’s dependence on petroleum imp...
Nitin Gadkari says plain sugar's future is not bright: After E20, transport minister wants sugar mills to produce a gas that can be used in CNG vehicles and fuel that can power aircraftsNitin Gadkari news: Nitin Gadkari emphasizes the need for sugar mills to produce compressed bio-gas, ethanol, and other sustainable product...
Global Market: BOJ could raise rates to 2% by June 2027 as inflation risks mount: SakuraiThe Bank of Japan could raise interest rates every three months and take its policy rate to 2% by June 2027 as inflation pressures build, f...
Oil firms face Rs 530 crore daily fuel losses as crude surges: ICRAState-run oil marketing companies IOC, BPCL and HPCL are facing losses of about Rs 8 a litre on petrol and Rs 9 on diesel as crude prices s...
US fuel prices surge ahead of midterm elections 2026; Republican candidates face pressure as voters struggle with rising costsWith midterm elections looming, soaring diesel prices are causing alarm among Republican candidates. In response to the economic strain, ma...
Engineers India lands $450-million Dangote deal for mega Kenya refineryThe contract underscores India's growing role as an engineering and technical-services exporter to Africa's energy sector, deepening commer...
Fitch upgrades Sri Lanka's rating to 'B-'Fitch Ratings upgraded Sri Lanka’s long-term foreign-currency default rating to ‘B-’ from ‘CCC+’ and maintained a stable outlook, citing ma...
A Bangladeshi garment maker is stitching its way through the Middle East energy crunchEnergy shortages are disrupting production at most Bangladeshi garment factories. Buyers are canceling or reducing orders due to these powe...
Mundra Power Plant likely to run at full capacity till DecemberThe power ministry is considering extending specific provisions to the Mundra power plant, allowing it to function at maximum capacity unti...
Rupee gains for third day as crude eases, but volatility persistsThe rupee strengthened for a third straight session to 95.8150 against the dollar as Brent crude eased to $101.5 a barrel. However, dollar ...
- Nearly 40% of India's coal power plants running critically low on fuel, data show
Nearly 40% of India’s coal-fired power plants are operating with critically low coal stocks as high power demand and weather disruptions af...
Bangladesh raises fuel prices by up to 17% amid global oil price surgeBangladesh has raised fuel prices by up to seventeen percent. This move piles fresh pressure on consumers and businesses already struggling...
Govt support, benign inflation helped in Q1: Sonal Varma, Chief Economist, India & Asia (excl. Japan), Nomura"We expect GDP growth to moderate from around 7.3% in H1FY27 to 6.7% in H2, still delivering a solid 7% for FY27 overall."
India's August crude oil imports fall over 11% month-on-monthIndia's crude oil imports in August witnessed a significant decline, falling by more than eleven percent compared to July. On an annual bas...
View: As oil tops $100, India needs a wider, smarter fuel security strategyRising oil prices necessitate energy supply diversification and alternate fuel adoption. India is urging the auto industry for flexi-fuel v...
The Iran war is driving clean energy development. It's not enough to help the planet, yetGlobal clean energy adoption is increasing due to the war against Iran. However, this shift is not yet sufficient to combat climate change ...
India clears 642 UK car imports under FTA in two months of implementationIndia has approved import quotas for 642 passenger vehicles from Britain. These imports will benefit from concessional tariffs under a new ...
Russia imports record fuel from India as Ukraine strikes hit refineriesRussia imported record oil products from India in August. This surge occurred as Ukrainian drone strikes disrupted domestic refining capaci...
BRICS backs diversified energy mix, says fossil fuels remain important for EMDEsBRICS nations advocate for stronger energy security through diverse sources and stable markets. They acknowledge fossil fuels' continued im...