Police in Ballia, Uttar Pradesh, have registered a case against a petrol pump manager for allegedly denying fuel to a private ambulance, resulting in the death of a 50-year-old patient.
The Indian government has restricted industrial, commercial, and institutional users from purchasing petrol and diesel from retail petrol pumps, directing them to bulk sale points instead. This move, which can last up to 90 days, aims to address abnormal demand growth and prevent localised shortages caused by a significant price difference between retail and bulk fuel prices.
Gurugram police have launched an investigation after a CCTV video showing a group of youths assaulting a motorcyclist at a petrol pump went viral. The incident occurred on Thursday night, and police are working to identify the assailants and the victim, despite no formal complaint being filed yet.
Nayara Energy, India's largest private fuel retailer, has reduced petrol prices by Rs 5 per litre and diesel by Rs 3 per litre nationwide, marking the first such cut in over two years. This reduction follows easing tensions in West Asia and stabilised international crude oil prices, though public sector retailers have not yet followed suit.
A man in Maharashtra's Chhatrapati Sambhajinagar has been arrested for allegedly murdering his wife at her workplace after she refused his request for a divorce so he could remarry.
Two individuals have been arrested in Surat for operating an illegal fuel outlet and selling low-quality diesel at reduced prices. Police seized a significant quantity of substandard diesel and vehicles, and are pursuing additional suspects involved in the operation.
Global oil prices fell on Thursday to their lowest levels since before the outbreak of the Iran conflict, offering a significant economic tailwind for India, the world's third-largest crude importer, by easing inflation risks, reducing the import bill and improving the government's fiscal position.
'There is no shortage of fuel whatsoever.' 'India is stock surplus as far as petrol and diesel are concerned.'
'PM Modi is trying to reduce the volume of fuel consumed instead of raising prices sharply.'
The Indian government has issued a stern warning to industrial users who are reportedly procuring cheaper retail fuel instead of industrial-grade fuel, leading to significant losses for state-run oil marketing companies (OMCs) and potential local shortages. This diversion, driven by a substantial price difference between retail and bulk diesel, is adversely impacting OMCs, which are absorbing daily losses of approximately 550 crore to keep retail prices stable.
Flex fuel motorcycles can deliver "3 per cent higher torque and 7 per cent higher peak power".
'OMCs are incurring losses of Rs 1,000 crore per day due to the West Asia crisis.'
'I am now driving an electric vehicle. I have lost faith in petrol-run cars.'
Congress leader Rahul Gandhi on Monday launched a scathing attack on Prime Minister Narendra Modi over the latest fuel hike, saying mehangai manav has struck again and he has just one job of making promises during elections and attacking people's pockets at other times.
Authorities in Balrampur, Uttar Pradesh, have launched an inquiry after a man and his elderly mother were allegedly assaulted at a petrol pump. A video of the incident went viral, prompting swift action from local officials.
Oil-marketing companies (OMCs) are set to significantly expand the sale of flex fuel (E85) across India, with plans to reach 5,000 outlets in major cities by the end of next year, according to Petroleum Minister Hardeep Singh Puri. This move aims to boost ethanol demand, reduce crude oil imports, and cut carbon emissions, coinciding with the launch of India's first flex-fuel vehicles by Maruti Suzuki and Hero MotoCorp.
A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help industries slash fuel consumption, reduce emissions, and improve equipment performance by using water in fuel.
A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help industries slash fuel consumption, reduce emissions, and improve equipment performance by using water.
The government will lift restrictions on the sale of petrol and diesel to commercial and industrial consumers from July 1, easing emergency measures imposed to manage fuel supplies.
A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help India reduce fuel consumption, emissions, and improve equipment performance by using water in a fuel-oil-water emulsion.
Union Finance Minister Nirmala Sitharaman has warned that the ongoing West Asia crisis is not merely a geopolitical issue but will directly lead to higher fuel costs for common people and businesses, impacting shipping, input availability, and export orders.
Fuel pumps are not dispensing fuel to vehicles without valid PUC certificates, and this is being enforced with the help of automatic number plate reader cameras, voice alerts at pumps, and police support.
Fitch Ratings has warned that India's oil marketing companies (OMCs) could face significant credit pressure if crude oil prices remain elevated, leading to eroded earnings and increased working capital needs due to delayed fuel price pass-through.
A petrol pump worker in Indore died after a car driver allegedly refused to pay for fuel, grabbed his hand, rolled up the window, and dragged him with the moving vehicle. Police are searching for the driver.
India's wholesale price inflation surged to 8.30 per cent in April, up from 3.88 per cent in March, primarily driven by a significant increase in the prices of fuel, power, and crude petroleum, according to data from the commerce and industry ministry.
The company is voluntarily undertaking a recall for WagonR (1 litre) manufactured between November 15, 2018, and October 15, 2019, and Baleno (petrol) manufactured between January 8, 2019, and November 4, 2019, MSI said in a regulatory filing.
The Indian government has reassured citizens that the country has sufficient reserves of petrol, diesel, and LPG, and that refineries are operating at high capacity despite global supply chain disruptions. They have urged citizens to avoid panic buying and hoarding.
Despite international crude oil prices falling to a four-month low, retail petrol and diesel prices in India are unlikely to be cut immediately because state-run refiners are still processing costlier crude purchased during the peak of the West Asia crisis, Oil Minister Hardeep Singh Puri said.
A mining inspector and his team were allegedly attacked by a petrol pump owner, staff, and truck drivers during a checking drive against overloaded sand-laden vehicles in the Pipri area of Kaushambi, Uttar Pradesh.
Police in Balrampur, Uttar Pradesh, have registered a case against a man for allegedly making abusive remarks against Chief Minister Yogi Adityanath during an argument at a petrol pump, following a viral video of the incident.
The Indian government has refuted claims of fuel shortages, asserting that the country possesses approximately 60 days of fuel stock cover and that all petrol pumps are adequately stocked and operating normally.
The petroleum ministry on Friday reaffirmed the government's commitment to maintaining stable petrol and diesel prices, despite India's high dependence on imports.
India possesses two months of fuel stockpiles and faces no supply concerns despite global energy disruptions, according to Oil Minister Hardeep Singh Puri. However, state-run fuel retailers are incurring losses of up to Rs 1 lakh crore in a single quarter due to elevated crude prices and unchanged retail fuel prices, raising questions about the sustainability of these losses.
Not a single retail outlet ran dry. Every household that wanted a cylinder got one. India faced neither a 1991 moment nor a 2013 one. Macroeconomic stability held. This was not an accident, and it was not luck alone. It was the work of a government that chose to act as it had during the pandemic -- deliberately and gradually, building one measure upon another rather than reaching for a single dramatic lever, explains V Anantha Nageswaran, chief economic advisor to the Government of India.
Bajaj Auto, the sole player in India's CNG-powered motorcycle segment, has seen a dramatic drop in registrations for its Freedom 125 CNG bike, from a peak of 12,167 in November 2024 to just 1,211 in May this year, primarily due to reduced price arbitrage between petrol and CNG and growing availability challenges.
A high-level committee investigating the failures of ISRO's PSLV rockets, which have impacted strategic satellite missions, has yet to release its report and recommendations, raising concerns about the future of the ageing launch vehicle.
Petrol price has been increased by 87 paise in Delhi from Rs 98.64 to Rs 99.51 per litre. Diesel rates have gone up by 91 paise from Rs 91.58 to Rs 92.49.
The Indian government has increased measures to secure fuel and gas supplies following the Strait of Hormuz closure, urging citizens to avoid panic buying. Refineries are operating at high capacity, and sufficient stocks of petrol and diesel are available nationwide.
The government has dismissed speculation of an imminent increase in petrol and diesel prices, assuring citizens that there are no plans for a hike despite rising crude oil costs.
Despite international crude oil rates crossing USD 100 per barrel due to Middle East tensions, the Indian government plans to maintain current petrol and diesel prices, ensuring uninterrupted fuel supply across the country.
