New Delhi [India], February 20 (ANI/SRV): Francture Brands Pvt Ltd has recently done a sole tie-up for India together with its international business partners having more than 30 years of experience in oil trading. Francture Brands Pvt Ltd and its subsidiaries like Adaro Coal Energy Pvt Ltd
According to a notification from the central government, it was learnt that the additional excise duty on ATF was also cut to Rs 1.5 per litre from Rs 6 per litre earlier.
The production of coal, electricity, steel, cement, fertilisers, refinery products and natural gas increased in December 2022 over the corresponding month of last year. Index of eight core industries (ICI) measures the combined and individual performance of production of eight core industrie
Gatik Ship Management is among the most active of the upstart companies that have snapped up aging oil tankers to replace Western-owned ships no longer dealing with Russia, the WSJ said. That parallel fleet is helping Moscow get crude to buyers in Asia, the Journal added.
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The plea challenges the constitutional validity of the beneficial scheme introduced under the Pradhan Mantri Ujjwala Yojana (LPG Cashback) in view of the financial hardships being faced by the poor people after the global crude prices surge due to the Russia-Ukraine war.
Overall, the import of vegetable oils, including edible oils, during December 2022 is reported at 1.56 million tonne compared to 1.22 million tonnes in the same month of 2021, which is an increase of about 28 per cent.
Monetary policy tightening by various central banks to contain inflation, the war in Ukraine leading to price rise for crude oil and subsequent realignment in the global energy supply chain, and strengthening of the US dollar index kept the Indian currency under pressure in 2022.
According to the statement from the ministry of commerce and industry, the eight core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).