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From Coal To Renewables: India s Energy Security Under Scanner

As PM Narendra Modi commits to net-zero by 2070 at the UN COP26, how does it pan out for India’s energy security. The consistent high cost of fuel in the country is causing macroeconomic disruptions.

India To See Sudden Spike In EV Adoption

India To See Sudden Spike In EV Adoption
oilprice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oilprice.com Daily Mail and Mail on Sunday newspapers.

With a 20% hike since January, India s high fuel prices are denting its already stressed economy

With a 20% hike since January, India s high fuel prices are denting its already stressed economy
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Rising fuel prices further dent stressed sectors of India s economy

The Baddi-Barotiwala-Nalagarh industrial hub in Himachal Pradesh, surrounded by a panoramic view of the Shivalik hills, is home to Asia s largest pharmaceutical manufacturing hub. It is serviced by a fleet of 13,000 trucks from small- and medium-sized transporters who have banded together to form the Nalagarh Truck Operators Union, Asia s largest truck union. In the past, whenever the union ran into friction with industry, it held its ground. For instance, in July 2020, when the union increased freight rates in response to a hike in diesel prices, the industry expressed displeasure but gave in to the union s demand. On occasion, local politicians had to intervene between the union and industry to broker a resolution, for the union and its large membership carry political heft during elections, association members told us.

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