Diesel Demand May Grow Threefold By 2040: Report

Diesel Demand May Grow Threefold By 2040: Report

Demand for diesel will rise threefold and petrol three and a half times by 2040 in India, an official panel has forecast, allaying fears among industry executives that the push for renewables and electric vehicles could dent oil demand.

Tax Sops For Electric Vehicles Likely In Budget

Tax Sops For Electric Vehicles Likely In Budget

The Centre may dole out incentives to promote electric vehicles in the country by considering lower GST and extending tax benefit for buyers in this week’s Budget for 2018-19, say sources.

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