Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...
No shortage of energy in country, LPG, oil supply situation comfortable: Hardeep Singh PuriSpeaking with reporters in Ludhiana, Puri further asserted that, while fuel prices rose considerably in many countries, rates in India drop...
Maruti Suzuki to fuel India's ethanol shift with first flex-fuel car that's coming soonIndia's auto sector is set for a revolution with Maruti Suzuki launching the country's first mass-market flex-fuel passenger vehicle. This ...
Mumbai CNG gets Rs 2/kg costlier from Saturday; piped cooking gas rates also raisedMahanagar Gas Ltd (MGL) has increased CNG prices by Rs 2 per kg and piped cooking gas by 50 paise per unit across the Mumbai Metropolitan R...
India bars piped natural gas customers from buying LPG cylinders, order showsIndia has banned customers using piped natural gas from purchasing LPG cylinders. This move comes as LPG supplies to some industries are re...
Govt gives up Rs 14,000 crore in tax revenue after excise duty cut on petrol and diesel: Petroleum MinistryThe Indian government has sacrificed nearly Rs 14,000 crore in tax revenue by lowering excise duty on petrol and diesel. This move aims to ...
Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
'Impact on India less due to good management, foresight': Harsh Vardhan Shringla on global energy challenges due to West Asia crisisIndia's energy crisis impact remains limited. Rajya Sabha MP Harsh Vardhan Shringla credits the government's effective planning and timely ...
CNG prices hiked again: Delhi rates cross Rs 80/kg for first time; check latest rates in your cityDelhi commuters face higher fuel costs as Indraprastha Gas Limited (IGL) increased CNG prices by Re 1 per kg, pushing the rate to Rs 80.09....
Four years of frozen fuel prices end as Iran war bites: India raises petrol, diesel by Rs 3/litre but oil firms say it's not enoughFuel prices have increased by Rs 3 per litre for petrol and diesel. This is the first pump price hike in four years. The move aims to reduc...
From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
‘It’s not like a lockdown is going to take place tomorrow’: Puri dismisses fears after PM Modi’s fuel-saving pushUnion Minister Hardeep Singh Puri reassured citizens that no lockdown-like restrictions are imminent despite Prime Minister Modi's call for...
PM Modi’s work from home appeal explained: Why the PM is asking Indians to WFH like they did in Covid eraPrime Minister Narendra Modi is asking Indians to embrace work-from-home and virtual meetings. This move aims to cut fuel use and reduce im...
Q1 fuel losses may eliminate entire fiscal-year earnings of Indian OMCsSince the war broke out in the Middle East 10 weeks ago, state-owned oil marketing companies (OMCs) have ensured uninterrupted supplies of ...
Q1 fuel losses may eliminate entire fiscal-year earningsDespite a 50 per cent surge in input crude oil prices, petrol and diesel continue to be priced at a two-year-old rate of Rs 94.77 a litre a...
Need of hour is to use petro products with restraint: PM ModiPrime Minister Narendra Modi called for careful use of petrol, gas, and diesel. He stressed that using imported petro products only as need...
Rs 1,600-1,700 cr a day, Rs 1 lakh cr in 10 weeks: Cost of insulating India from global energy shockState-owned oil firms are incurring massive daily losses, estimated at Rs 1,600-1,700 crore, to shield Indian consumers from global energy ...