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India’s fuel consumption fell in January after scaling a nine-month peak in December, government data showed on Wednesday, as COVID-19 curbs in several states hit mobility and industrial activity. Fuel consumption in the world’s third biggest oil consumer, a proxy for oil demand, totalled 17.61 million tonnes, down 3.7% from December and 0.2% from a ...

Various amendments to the Central Road Fund Act, 2000 unlocked more funds to States for state roads projects under the Central Road Sector Infrastructure Fund (CRIF) but the existing criteria pose...

India’s crude oil imports in December hit their highest level in a year as strong demand prospects in the world’s third-largest oil consumer and importer prompted refiners to stock up. Crude oil imports last month rose 7.1% versus November to 19.65 million tonnes, data on the website of the Petroleum Planning and Analysis Cell (PPAC) ...

Crude oil imports last month rose 7.1% versus November to 19.65 million tonnes, data on the website of the Petroleum Planning and Analysis Cell (PPAC) showed on Monday.

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The imports were up month/month, however.

The surge in COVID-19 infections in several cities in India is likely to hit oil product consumption, but industry sources said crude demand may not see an immediate impact as the third wave of the virus is likely to lead to less severe restrictions compared to the second wave in 2021. Milder symptoms and better ...

However, imports were down 4.1% compared with a year earlier and were 5% higher from December 2019 before the onset of the pandemic.

India’s fuel consumption in December 2021 scaled a nine-month peak, government data showed on Tuesday, although a fresh coronavirus wave may slow the gradual recovery of demand in the world’s third biggest oil consumer. Fuel consumption, a proxy for oil demand, totalled 18.43 million tonnes, up 7.6 per cent from November and 0.4 per cent ...