Diesel demand in India might drop in the first quarter as a government decision to abolish high-value currency bills is expected to hurt small businesses, analysts said.
Fuel demand growth is expected to slow by as much as 40 per cent in 2017 from last year as a government-induced cash shortage hurts businesses, industry and car sales.
India’s fuel demand growth continued its upward trajectory for the third straight month in November 2016 fuelled largely by demonetisation that allowed the use of banned Rs 500 and Rs 1,000 notes for payment of auto and cooking fuels.
In 2014, when Prime Minister Narendra Modi first placed solar energy at the core of the energy mix that would fuel India’s economic growth, scepticism abounded: how will the government deliver? Isn’t the target of 100 gigawatts (GW) of solar energy, later revised to 175GW of renewable energy, by 2022, too ambitious? Also, isn’t solar […]
Prime Minister Narendra Modi in his inauguration speech at the Petrotech Summit on Monday emphasised the need for reasonably priced energy.
If Tamil Nadu signs the UDAY scheme, it will save over Rs 22,400 crore in the next 3 years and a further saving of Rs. 7000 cr per year after 2019.