Search For "fuel demand"
India's economic surge to fuel demand for professional wealth management:
Updated : 1 week, 3 days ago IST
Addressing the Portfolio Managers' Conclave in Mumbai, SEBI Chairman Tuhin Kanta Pandey painted a robust picture of the nation's financial trajectory, asserting that the country is set for a historic shift in wealth dynamics. He highlighted that "India remains among the fastest growing major
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Auto industry gears up for record festive deliveries as GST 2.0, festive s
Updated : 5 months, 1 week ago IST
India's auto industry is witnessing a significant surge in festive sales this Dhanteras, with major automakers like Maruti Suzuki, Tata Motors, and Hyundai Motor India reporting robust customer demand, bolstered by positive market sentiment and the impact of GST 2.0 reforms.
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Petrol consumption decline to 12-month low, diesel consumption at 5-month
Updated : 1 year ago IST
India's fuel consumption saw a decline in February 2025, primarily due to a shift towards alternative fuel sources such as electric vehicles (EVs) and compressed natural gas (CNG), according to a report by SBI Securities.
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Building Asia's Future: Omni HR Secures USD 7.4mn for HR Tech Expansion
Updated : 1 year, 3 months ago IST
Singapore, December 9: Asia-focused employee management platform, Omni HR, today announced it has recently closed USD 7.4 million in funding, bringing its total funding to date to $9.8 million since its founding in 2021 by former Goldman Sachs executive Brian Ip. Multi-country HR platform Om
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Airport strikes in Germany trigger uncertainty on jet fuel market strength
Updated : 2 years, 1 month ago IST
According to S&P Global Commodity Insights (GCI), the strike has raised concerns about its impact on jet fuel demand and market dynamics, contributing to uncertainty in the aviation sector.
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Expanding Long-haul Routes Can Help Address India's Jet Fuel Demand, says
Updated : 2 years, 1 month ago IST
Mumbai (Maharashtra) [India], February 8: The global aviation fuel market, estimated at USD 252.39 billion in 2022, is projected to reach around USD 935.67 billion by 2032, with a 14 per cent CAGR during the forecast period from 2023 to 2032, according to the Precedence Research report. The
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Energy Transitions Commission (ETC) calls for a rapid phase-down of fossil
Updated : 2 years, 4 months ago IST
London [UK], November 16: A new report by the Energy Transitions Commission (ETC), Fossil Fuels in Transition: Committing to the phase-down of all fossil fuels, says that use of coal, oil and gas must be reduced dramatically by 2050, with reductions starting now.
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S&P Global Commodity Insights upwardly revises India daily fuel demand
Updated : 2 years, 5 months ago IST
S&P Global Commodity Insights said oil demand in India is expected to grow by 249,000 barrels per day in 2023, revised higher by 10,000 bpd from its last update.
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India to account one-fourth of global energy demand in 2 decades: Minister
Updated : 2 years, 5 months ago IST
India is likely to account for 25 per cent of global energy demand growth over the next two decades, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said Tuesday, and asserted the demand for energy will continue to provide fuel for future economic growth.
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India's 2023-24 fuel demand to grow by mid-single-digit: Fitch
Updated : 2 years, 8 months ago IST
Fitch Ratings expects India's petroleum product demand in during 2023-24 to grow by a mid-single-digit percentage after a 10 per cent rise the past year.
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HPCL to double Vizag refinery's operating capacity by June-end
Updated : 3 years, 2 months ago IST
India, the world's third-biggest oil importer buys over 85 per cent of its oil needs from overseas. Indian refiners are investing billions of dollars to upgrade their plants to meet rising fuel demand in Asia's third-largest economy.
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Excise duty cut, delayed monsoon raised India's fuel demand in June
Updated : 3 years, 8 months ago IST
New Delhi [India], July 14 (ANI): The reduction in excise duty on petrol and diesel by the Central government coupled with the delayed arrival of the monsoon has led to robust demand for fuels in the month of June.
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