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Petrol prices hit a new high in Delhi amid global rally in crude oil
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Currently, there are more than 120 Fastlane-enabled HPCL petrol pumps in Mumbai, Navi Mumbai, Thane and Pune
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Petrol prices in the national capital registered a record high on Tuesday, selling at ₹85.20 per litre, while diesel retailed at ₹75.38 per litre
The cost of the Indian basket of crude, which comprises Oman, Dubai and Brent crude, was $54.26 a barrel on 18 January
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NEW DELHI: India’s transportation fuel is becoming costlier day by day, with oil marketing companies (OMCs) again increasing petrol and diesel prices by 25 paise per litre each on Tuesday.
Highlights
The economic growth in India has opened unprecedented opportunities for the people who are no longer keen to migrate to the Gulf States for jobs
It is a positive sign for the economy of the country to be able to absorb its manpower
Despite the reduction in the number of such migrants, remittances accruing from these countries have increased over the period
New Delhi: The Coronavirus crisis has affected economies across the world in an unprecedented manner, and the situation is considered to be worse than the depression of the 1930s. While the question of restoration of “normal” life is moot, the bigger question is how long it will take to recover to generate meaningful employment. The pandemic has provided an opportunity to the World to upend the status quo and reshape the world order in a more equitable, transparent, and responsible manner.
Govt vows to end ‘energy poverty’: Oil minister Dharmendra Pradhan
India’s energy demand has almost recovered to pre-covid levels, said Union minister Dharmendra Pradhan.
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India, one of the world’s top energy consumers, is preparing a road map to achieve Aatmanirbhar Urja or self-reliance in energy, petroleum and natural gas minister Dharmendra Pradhan said on Thursday.
The plans for energy security span increased crude oil and natural gas production to hydrogen gas and solar and wind power as it seeks to meet rising domestic demand.
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