While consumers feel that petrol pinches directly, diesel hurts indirectly, as it is an input in almost all the goods and services we use.
Ford, which had announced to quit the Indian market last year, said it was exploring the possibility of using one of its plants in India to produce electric cars for exports.
India's planned transition to electric vehicles will drastically affect the commodities market, says Aditya Gandhi
Prime Minister Narendra Modi on Friday pushed Russian President Vladimir Putin to end the conflict in Ukraine, saying 'today's era is not of war' even as he called for finding ways to address the global food and energy security crisis.
The Yamaha Fascino is a cheaper option for those who want to buy a stylish scooter like Vespa, says Naveen Soni
India is pursuing sales to South East Asian countries that are wary of Chinese aggression, including Vietnam and the Philippines.
The government may provide for targeted fiscal incentives and allocation of funds for promotion of green hydrogen in the country in Union Budget 2022-23, which is slated to be unveiled in Parliament on Tuesday. The government launched National Hydrogen Mission in 2021. Earlier this month, Power and New & Renewable Energy Minister R K Singh had indicated that a green hydrogen policy will be unveiled in February which would feature many incentives to boost green hydrogen in the country. "While 2021 saw the launch of National Hydrogen Mission, it is likely that the Budget may provide for targeted fiscal incentives for R&D in green hydrogen segment, creation of domestic supply chain for hydrogen and reduce customs duties on electrolysers to boost green hydrogen production," says Venkatesh Raman Prasad, Partner, J Sagar Associates (JSA).
A day after sealing final pacts with Iran on a long-talked gas pipeline, Pakistan on Monday said it will welcome India joining the project and will guarantee safe delivery of the fuel.
Iran had called a meeting of technical experts and lawyers from the three nations during September 24-26 to exchange views on the gas-supply contract that India and Pakistan, as consumers, would have to sign with fuel supplier Iran.
Obama was responding to a question as to what his administration is doing to keep the ethanol plant.
The government's move to set up a regulator for the coal sector would help bring in transparency, encourage exploration and enhance quality of the dry fuel, India Inc said on Friday.
Friendlier government policies, greater demand and better supply of coal have fuelled investor interest.
India's GDP may turn positive at 1.3 per cent in the third quarter of 2020-21, having witnessed contraction in the previous two quarters due to the coronavirus pandemic, as the number of cases is falling and public spending has started rising, according to a report. The government will release the GDP numbers for the October-December quarter of the current fiscal on Friday. Projecting that the gross domestic product (GDP) may have returned to the black in the last quarter of the calendar year 2020, DBS Bank in the report said the full-year growth in real terms may be at a negative 6.8 per cent.
The electric vehicle evolution in India's passenger vehicle market has remained frozen in time and may see limited adoption over the next decade, experts say.
A vilification campaign against Rosneft has begun in right earnest, says M K Bhadrakumar.
Prices are likely to rise further as demand grows in coming months due to festivals
The agreement to be inked later in the day after summit talks between Prime Minister Manmohan Singh and French President Nicolas Sarkozy will form the basis of wide ranging bilateral cooperation from basic and applied research to full civil nuclear cooperation, including reactors and fuel supplies, nuclear safety, radiation and environment protection and nuclear fuel cycle management.
India on Monday signed a key safeguards agreement with the International Atomic Energy Agency to allow inspection of additional civilian reactors, clearing the decks for supply of atomic fuel and technology by the international community after a 34-year-old nuke trade embargo was lifted last year.
India and France on Monday inked an Inter-Governmental Agreement on the sale of 36 French fighter jets, Rafale, but were unable to sign the final deal due to some "financial" aspects, which are expected to be sorted out in "couple of days".
India's factory output climbed 22.4 per cent in March, benefiting from the base effect of the lockdown-marred month a year back as well as a turnaround in the manufacturing sector, while retail inflation slipped to a three-month low of 4.29 per cent in April. The high positive annual growth in the index of industrial production (IIP) in March 2021 came on back of a contraction of (-)0.9 per cent and (-)3.4 per cent in January and February 2021 respectively, according to the data released by the National Statistical Office (NSO) on Wednesday. This turnaround was led by recovery in the mining, manufacturing and electricity sectors.
India will begin supply of ultra low sulphur content petrol and diesel in all but seven states from April 1, the government announced on Thursday.
With RIL supplying about 47 per cent of the domestic petcoke production, current dynamics are bound to change.
Iran had called a meeting of technical experts and lawyers from the three nations during September 24-26 to exchange views on the gas-supply contract that India and Pakistan, as consumers, would have to sign with fuel supplier Iran.
Petrol and diesel prices were on Tuesday hiked by 80 paise a litre while domestic cooking gas prices were increased by Rs 50 per cylinder, ending an over four-and-half month election-related hiatus in rate revision, sources said. Petrol in Delhi will now cost Rs 96.21 per litre as against Rs 95.41 previously while diesel has gone up from Rs 86.67 per litre to Rs 87.47. Simultaneously, the price of a non-subsidised LPG cylinder has been increased to Rs 949.50 for each 14.2-kg bottle in the national capital.
The two-wheeler sector has been underperforming its peers on the volumes front for over five quarters now. Even in the March quarter, Bajaj Auto and Hero MotoCorp posted a 17-24 per cent YoY decline in volumes, the sharpest in the listed auto universe. The ongoing impact of frequent price hikes, all-time high fuel prices, and muted rural sentiment has led to the lacklustre showing by two-wheeler makers. What has aggravated the situation for two-wheeler companies, which get almost all their sales from the internal combustion engine or ICE-based units, is the traction for electric two-wheelers (EV).
As soon as the House met at 2 pm, papers were laid on the table and two resolutions adopted amid slogan shouting and protest by Congress members.
Al Gore warns that black carbon from India's use of biomass fuels that contribute to global warming can adversely impact India's great rivers, the life-blood of the country's agriculture.
India expects to remain unscathed this time, mainly because it is in a sweet spot as the world's third largest oil consumer, after the US and China, says Subhomoy Bhattacharjee.
India's water future remains very bleak. The monsoon season, which once extended to 4 months, is now down to less than 30 days of heavy rain.
India's energy needs are expected to jump four-fold in 25 years, but it faced problems ranging from depleting fuel reserves and uncertainty in policy framework, consulting firm KPMG said on Monday.
The demand for diesel is rising at 25 per cent annually, while the crude oil refiners are capable of catering to only 12-15 per cent growth.
India's total purchase of oil from Russia in a month is probably less than what Europe does in an afternoon, External Affairs Minister S Jaishankar said.
As fuel prices surged in September, the government's decision to ask companies to cut price by Rs1 each on a litre of petrol and diesel came as a dampner for private players.
The dissidents, led by former president Sirisena's Sri Lanka Freedom Party, would leave the ruling Sri Lanka Podujana Peramuna coalition with its 14 Members of Parliament, party sources said after their meeting with the President on Monday.
The ethanol vehicles will have the flexibility to switch to other fuels
Nepal's Cabinet on Monday passed a special resolution asking India to open the border entry points to ease supplies of essential goods like medicines, gas and petroleum to the landlocked country, reeling under acute shortage due to blockade of key trade points.
The Carens is a warning for cars such as the Tata Safari, Hyundai Alcazar, Maruti Ertiga, Toyota Innova Crista and Mahindra XUV 700, because Kia punches much harder than others in its weight category.
There are both positive and negative impacts of the tax, but the net result for India's infrastructure sector is advantageous, says Vinayak Chatterjee.
India imported 11 million tonnes of crude oil from Iran in the fiscal year ending March 31, 2014, down from 13.14 million tonnes in the previous fiscal
'The Modi government will do well to thrash out a national consensus before taking the leap and put itself in America's pouch,' says Rajeev Sharma.
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