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Saturday, November 2, 2024
TopicOil Ministry

Topic: Oil Ministry

Govt plans to mandate use of 1% sustainable aviation fuel for domestic airlines by 2025

The initiative is introduced in a bid to cut emissions from the sector, since India does not have policies governing sustainable aviation fuel yet.

India needs to ban diesel 4-wheelers by 2027 to combat air pollution, says oil ministry panel

Long-distance buses in India will have to be powered by electricity in the long-term, the panel said, adding that gas can be used as a transition fuel for 10-15 years.

India’s petrol, diesel demand posts first growth since February

Total petroleum demand rose 2.7% year-on-year in October, reaching 17.8 million tons. Road fuels reached pre-pandemic levels, but it was demand for naphtha that really soared.

India has given markets free rein on fuel price, but investors are wary as 2019 nears

Delhi has, so far, resisted the temptation to give relief to consumers and is keeping a close watch on its fiscal deficit goal.

India seeks ‘responsible’ OPEC decision as Vienna tensions mount

Oil minister Dharmendra Pradhan says the government believes that $55 to $60 a barrel is a reasonable price level for now.

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.