Much of India’s cargo moves by road — trucks account for nearly 70% of freight — making diesel the lifeblood of the economy in the world’s third-largest oil importer.
Center for Study of Science, Technology and Policy report finds ‘super emitters’, or ageing vehicles, will undermine efforts to reduce pollution unless scrappage is made mandatory.
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.
Britain’s failure to secure the oil of Arabia in the 1950s was no misjudgement. The sun was setting on the Empire, and a new hegemon had emerged. Is another anarchy on the rise now?
The rupee’s fall to record lows amid rising energy-import costs and capital outflows is raising expectations that RBI Governor Sanjay Malhotra may be forced to abandon his pause and hike rates.
American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.
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