Madras HC Seeks Centre’s Reply on Plea to Disclose Taxes in Fuel Bills
The Madras HC (High Court) has sought a response from the Centre on a petition. The petition demands that petrol and diesel bills clearly show...
Tag : Fuel
Gujarat Alkalies Slipes After Q2 PAT Drop 19% YoY
On a consolidated basis, the net profit of Gujarat Alkalies & Chemicals dropped 8.12 per cent to Rs 818 after the net profit declined 18.8...
World Bank Cuts Pakistan’s Growth Forecast to 4.3%
The World Bank has reduced Pakistan’s economic growth rate forecast for the current fiscal year to 4.3 per cent, down about 1 per cent from...
India’s Retail Inflation Rises To 6.95% In March
India’s annual retail inflation surged to a 17-month high in March, while factory output contracted month-on-month in February, complicating the central bank’s policy choices. Data...
Sri Lanka to Exhaust $500 Million Indian Fuel Credit Line by April
Sri Lanka will exhaust the $500 million credit line provided by India for fuel after delivering another 120,000 tons of diesel and 35,000 tons of...
Services PMI Rises to 53.6 in March
India’s services activity improved in March, with the S&P Global India Services Purchasing Managers Index (PMI) increasing to a three-month high of 53.6 from 51.8...
Maersk Making $1.4 Billion Investment on MethanolFueled Ships
Maersk is making a $1.4 billion investment in green ships. Maersk A/S has ordered eight new vessels that cost $175 million each, that can be...
India’s Fuel Demand to Recover by the end of 2021
India’s fuel demand, which is hit by the second wave of coronavirus, will recover to pre-pandemic levels by the end of this year, Oil Minister...
Oil Strikes 2018 Highs On-Demand Recovery
Oil prices hit from highs last seen in October 2018 on Monday as investors eye the outcome of this week’s OPEC+ as the United States...
Oil Climbs US Crude Stocks Boosts Demand
Oil prices climbed on June 24 after a sharp reduction in the United States crude and gasoline stocks reinforced optimism of a quick recovery in...