Falling inflation builds case for RBI to cut rates early next year
India's retail inflation probably hit a record low in November thanks to falling prices for oil and food items, building the case for the central bank to lower interest rates early next year. The post...
View ArticleNo end to woes: SpiceJet flights grounded as oil companies stop fuel supply
Flight operations of cash-strapped SpiceJet were grounded on Wednesday due to non-supply of jet fuel by oil marketing companies. The post No end to woes: SpiceJet flights grounded as oil companies stop...
View ArticlePetrol, diesel costlier in Odisha, as state raises VAT by 3%
Bhubaneswar: Petrol and diesel in Odisha will now cost more by Rs 1.49 per litre and Rs 1.33 per litre respectively with the state Cabinet today deciding to increase the VAT to 23 per cent from the...
View ArticleRIL signs shipping deal with Japan’s Mitsui, orders 6 ethane carriers
New Delhi: Reliance Industries today said it has signed a long-term agreement with Japan's biggest shipping company Mitsui OSK Lines for transportation of liquefied ethane from North America to India....
View ArticleIMF praises Indian govt for reducing fuel subsidies
The government, in October last year, deregulated diesel prices. Following the decision, retail prices of the fuel now reflects international movement in oil prices. The post IMF praises Indian govt...
View ArticleAsian airlines slash fuel surcharges but fares likely to rise
SYDNEY/SINGAPORE (Reuters) - Asian airlines are slashing fuel surcharges as oil prices hover at six-year lows, but passengers hoping for cheaper tickets will be disappointed as carriers are likely to...
View ArticleSolar-powered plane takes off from Abu Dhabi for flight around the world
A Swiss solar-powered plane took off from Abu Dhabi early Monday, marking the start of the first attempt to fly around the world without a drop of fuel. The post Solar-powered plane takes off from Abu...
View ArticleWe worship nature like God: PM Modi takes on developed nations over...
Prime Minister Narendra Modi on Monday hit out at the developed countries for questioning India's credentials in curbing environmental pollution and said those who "lecture" the country "refuse" to...
View ArticleMay inflation at 2.36%; in negative zone for seventh month
As per the government data released today, vegetable inflation was (-)5.5 percent, with potato recording a dip of about 52 percent. The post May inflation at 2.36%; in negative zone for seventh month...
View ArticleIndia’s Mars mission spacecraft has enough fuel to last ‘many years': ISRO chief
The country's low-cost Mars mission spacecraft that is in a rendezvous with the Red planet for an extended period has enough fuel for it to last "many years The post India’s Mars mission spacecraft has...
View ArticleIOC to cut diesel, gasoline prices from Saturday | Reuters
NEW DELHI Indian Oil Corp will cut the price of diesel by 7.2 percent and that of gasoline by 3.6 percent from Saturday reflecting changes in global price of the two fuels since the last revision. The...
View ArticleIndiGo plane returns to Mumbai airport 20 mins after departure due to...
A Delhi-bound IndiGo airlines plane with around 160 passengers on board today returned to the airport in Mumbai due to a techinal problem barely 20 minutes after take-off. Flight 6E-178 took off at...
View ArticleIndonesian plane that crashed was carrying $4,70,000 for poor families
Four postal workers aboard the plane were escorting four bags of cash totaling $468,750 in government fuel aid money. The post Indonesian plane that crashed was carrying $4,70,000 for poor families...
View ArticlePetrol to get cheaper by Rs 2/l from midnight, diesel by Rs 0.50
The new rates will be effective midnight tonight, said Indian Oil Corp. (IOC), the nation's largest fuel retailer. The post Petrol to get cheaper by Rs 2/l from midnight, diesel by Rs 0.50 appeared...
View ArticleIndia’s Sept fuel demand rises at fastest pace in a decade | Reuters
NEW DELHI India's fuel demand in September rose at the fastest pace in more than a decade, providing further evidence of a pick up in industrial activity in Asia's third-largest economy. The post...
View ArticleNepal signs deal with China for supplies as fuel crisis deepens | Reuters
KATHMANDU Nepal signed a deal on Wednesday with China to import petroleum products, its embassy in Beijing said, as the Himalayan nation tries to boost supplies to deal with a deepening fuel crisis....
View ArticleStill smiling and uncomplaining: A glimpse of life in Nepal after India’s...
India's 'undeclared' oil blockade has continued to cripple Nepal for over a month and forcing Kathmandu has been forced to ration fuel after India blocked supplies The post Still smiling and...
View ArticleHyundai sets fuel cell land speed record
Hyundai's Tuscon Fuel cell, which is available in the US, set this record at the Soggy Dry Lake Bed in California - at 152.24kmph The post Hyundai sets fuel cell land speed record appeared first on...
View ArticleAs fuel shortages hit Nepal, is renewable energy an alternative? | Reuters
KATHMANDU (Thomson Reuters Foundation) - On a Sunday morning, dozens of police officers in combat gear stand guard at a petrol station in Kathmandu’s Lalitpur neighborhood. Outside, nearly a hundred...
View ArticleNepal’s fuel crisis will push almost a million people into poverty | Reuters
JHOR, Nepal (Thomson Reuters Foundation) - With a large cone-shaped bamboo basket strapped to her back, Nirmala Bhandari treks two hours every day from her village to a protected forest in the hills,...
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