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May 8 (Reuters) - India's fuel consumption eased in April from record highs seen the previous month, official data showed on Monday, but sales of diesel scaled a new peak indicating robust industrial activity in the world's t... | 05:41am

Fuel sales fell 10.2% from March

With GST revenue on a sustained uptrend in India, this would be an opportune time to bring fuel under its ambit and correct the various economic problems this anomaly has been causing

The price of domestic natural gas price has been set at USD 8.27 per mmBtu for the month of May, as against USD 7.92 in April, as per a notification from Petroleum Planning and Analysis Cell (PPAC).

India secured discounts of as much as $20 a barrel, which has fallen below $10 and has touched even $5

India’s export of petroleum products decreased by 10.9% in March 2023 and 2.7% during April 2022-March 2023 as compared to the corresponding period of the previous year.  

Given its large exposure to the US, SBI aims to avoid penalties.India’s imports of oil and petroleum products rose 30% to $209.6 billion in FY23, according to govt data

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Despite setbacks India’s EV industry faced, the sector seems set to grow by leaps & bounds in the coming years. Check India's EV landscape.

The recent pricing and transmission reforms may lead India to meet its objective of more than doubling the share of gas in its energy basket by making the commodity more affordable to consumers - Issue Date: Apr 30, 2023