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FUEL PRICE RISE
India August consumer inflation likely hit 20-month high on food, fuel prices: Reuters pollIndia faces an anticipated spike in consumer inflation, predicting a high not seen in 20 months this August. Rising food and fuel prices ar...- Ethanol blending: India should consider temporary cut to 15% from 20% target, says ICRIERIndia should consider temporarily lowering ethanol blending in petrol to 15% during severe feedstock shortages or sharp food-price pressure...
- Government should adopt flexible approach to ethanol-blended petrol programme: ICRIER paperA research paper recommends flexibility in India's ethanol blending program targets. It suggests maintaining E20 as a long-term goal while ...
- India faces higher oil import costs as crude prices surge on West Asia supply risksInternational crude prices surged, impacting India's oil import bill and inflation. Escalating West Asia tensions raised concerns about glo...
- Five-year fuel contract with Mauritius: IndianOil turns 25-year presence into strategic footholdIndia has signed a five-year fuel supply agreement with Mauritius under which IndianOil will meet the island’s entire import requirement of...
- Alternative fuels overtake petrol in India’s car sales for first time as CNG, EVs and hybrids gain groundIn response to soaring fuel costs, consumers are now leaning towards alternative fuels like CNG, hybrids, and electric vehicles, resulting ...
- Iran's government to raises price of petrol as US applies economic pressureIran will raise gasoline prices for users exceeding 110 liters monthly starting Tuesday. The price for the third quota will increase to 100...
- Israel cuts fuel tax as US-Iran conflict pushes up gasoline pricesIsrael's finance minister ordered a fuel excise tax cut for two months. This action addresses the recent surge in gasoline prices across th...
- Oil ends week higher on renewed US-Iran strikes, diesel hits recordOil prices have surged dramatically this week amidst escalating military tensions between the U.S. and Iran. Record-high retail diesel pric...
- US diesel prices hit a record high, pushing up transportation costs for a long list of goodsDiesel prices soared to unprecedented levels in the United States on Friday, primarily due to the six-month conflict involving Iran. This r...
- US diesel prices hit a record high of $5.85 as Iran war disrupts the flow of fuelUS Iran war: Diesel fuel has reached an unprecedented average price of $5.85 per gallon. This surge is directly linked to the ongoing six-m...
- US Market: J.P. Morgan, BNP Paribas expect ECB rate hike in December as inflation risks persistJ.P. Morgan and BNP Paribas now expect the European Central Bank to deliver another 25-basis-point rate hike in December, reversing their e...
- Beyond the fuel bill: Why MSMEs and businesses need to rethink energy resilienceAs geopolitical uncertainty and energy price volatility reshape business priorities, Aditi Bhosale Walunj explains why companies, particula...
- Construction cost for housing projects increases by 34%Indian housing prices have risen significantly faster than construction expenses. This trend creates affordability issues for buyers and ma...
- Global Market: European shares hover near one-month low as bond yields, oil prices surgeEuropean shares hovered near a one-month low on Wednesday as rising government bond yields and escalating US-Iran tensions fuelled concerns...
- Why Japan's 30-year high bond yields should worry Indian stock market investorsJapan’s 30-year high bond yields, hawkish US Federal Reserve policies, and rising crude oil prices are straining global liquidity. These fa...
- India’s August fuel story: Petrol, diesel up, LPG down sharplyPetrol and diesel sales saw significant year-on-year increases in August. This growth was fueled by greater mobility and a strengthening ec...
- Gas, milk, rickshaw ride: Mumbai's cost of living goes up a notch this SeptemberMumbai and its metropolitan region face higher expenses starting Tuesday. CNG and piped cooking gas prices have risen due to increased inte...
- ATF price up 5.46%, commercial LPG rate rises Rs 9.50ATF prices rose 5.46% to ₹121.28 per litre, adding to airlines’ costs, while commercial LPG prices increased by ₹9.50 to ₹2,747.50 per 19-k...
- Rising fuel prices push gig workers towards fixed-pay, lower-cost jobsGig workers are now more selective about jobs due to rising operating costs. Many are shifting to roles offering predictable earnings or lo...
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