Tuesday, 25 January, 2022
TopicFuel

Topic: Fuel

Boris Johnson’s biggest competence test since Brexit and Covid — fuel shortage

So far, the UK government’s response to fuel shortages has consisted of denials and shortsighted fixes. The government needs to look at longer-term solutions.

How cars fueled by ethanol can add to India’s food inflation

While use of ethanol has many advantages for India, diverting sugar for its production may be the biggest change for the global sugar industry and could drive a bull market.

Another exit from the Congress, and India’s ‘Trial and Error’ SOP

The best cartoons of the day, chosen by the editors at ThePrint.

Indian fuel companies don’t know when demand will pick up again

Diesel and petrol, which account for more than half of oil consumption in India, are bearing the brunt of localised lockdowns and reflect in around 65% of truck fleet lying idle.

Deserted roads bring back nightmare of demand slump for Indian fuel companies

It’s an ominous sign for India, where fuel consumption still hasn’t fully recovered from last year’s national lockdown that saw oil demand fall to the lowest since 2007.

Why India’s big fuel retailers are focusing on rural revival

Diesel is the most widely used fuel in India, accounting for 40% of total use, and the agricultural sector is the second-biggest consumer of diesel after transportation.

Weak demand for diesel indicates Indian economy is still struggling to shift gears

Demand for diesel, which accounts for around 40% of Indian fuel use in a normal year, rebounded quickly after lockdown was imposed, but recovery has since slowed.

Ship orders slump 50% with owners unsure which less-polluting fuel to use

Ammonia, hydrogen, biofuels & electrification are some of the many contenders, but most are only in the trial stage. Owners are running out of time to make the choice.

India’s diesel sales fall 7% in November after reaching pre-Covid levels in October

The drop in sales is a reminder that the recovery path for India’s economy, which technically entered a recession last week, will likely be a bumpy one as Covid rages unabated.

With trucks sitting idle, India’s fuel demand set to hit 5-year low in 2020-21

Overall oil-product consumption including transport fuels in the financial year through March 2021 will be around 90% of last year — the lowest level since 2016.

On Camera

YourTurn

Foreign secretary Harsh Vardhan Shringla meets German Navy chief Vice Admiral Kay-Achim Schönbach on 20 January. | Twitter | @MEAIndia

Why German naval chief wanted West to respect Putin & what India-China have got to do with it

Western coalition will hope Schonbach’s sacking will mollify Ukraine. US doesn’t have the stomach to fight someone else’s war and India has more than a little skin in the game.
Close-up of a computer chip | Representational image | Wikimedia commons

Why is India no electronics hub like China? Govt cites high tariffs, no subsidies as challenges

Vision Document for the electronics manufacturing industry aims for it to be worth $300 billion by 2026, notes ‘punitive duty and tax’, lack of ‘robust ecosystem’ as challenges.

Defence

File photo of Scorpene-class submarine 'INS Vela', at the Naval Dockyard in Mumbai | ANI

Kamov choppers, submarine torpedoes among deals defence ministry will review this week

Ministry is reviewing all procurement under the ‘Buy (Global)’ category, under which equipment is bought directly from foreign manufacturers, amid govt's 'Atmanirbhar' push.

Modi vs non-BJP CMs: When most popular isn’t all-powerful & why Centre-state ties will worsen

Modi’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.
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