Fleet of fuel trucks ambushed in Manipur, driver rushed to hospital with bullet injuries
Armed miscreants opened fire at tankers three days ahead of elections in restive state. Security measures intensified, say police. Key Points
ThePrintTop banks' co-branded credit cards: Cashback offers, fuel surcharge waiver, discounts, freebies, annual fe
Top co-branded credit cards: Banks and other credit card issuers offer credit cards in collaboration with popular brands across different segments. Let us look at the top banks' co-branded credit cards across different spending categories such as shopping, dining, travel, movies, fuel and more. Key Points
Economic TimesPrivate oil companies grab bigger share of aviation fuel market
State-run refiners have traditionally dominated India's aviation turbine fuel business. Private players have, however, gained ground in a decade, aided by open access at airports. Reliance and its JV with BP supply jet fuel at about 30 airports now and serve most of the domestic airlines. Shell's JV sources jet fuel from MRPL's Mangaluru refinery to supply airports in South India. Key Points
Economic TimesRussia boosts fuel exports to Senegal on shipping sector demand
Russia significantly increases fuel exports to Senegal due to rising bunker demand. Bunker fuel suppliers benefit from the Suez situation. Shipping av Key Points
Times Of IndiaAirline body chief pleads for more green fuel to protect air travel
Sustainable aviation fuel is the best available tool for cutting emissions, International Air Transport Association Director General Willie Walsh said at an aviation summit in Singapore Monday. Demand for the cleaner-burning fuel far outstrips supply, even though it can cost three to five times more than conventional jet fuel. Key Points
Economic Times
Cost of Living LIVE Updates Feb 07: fuel prices unchanged. Petrol and diesel prices are steady. Check here
Cost of Living LIVE Updates Feb 07: The high rate of inflation has pushed up the cost of living across the globe, burning a hole in the common man's pocket. In some relief, India's retail inflation witnessed a notable decline in September, dropping to a three-month low. Key Points
MintNo-frills flying emerges as air travel’s painful, greener future
With global air travel almost completely recovered from the pandemic, cutting emissions is once again the industrys No. 1 challenge. Key Points
Economic TimesCost of Living LIVE Updates Jan 16: fuel prices steady. Check petrol and diesel prices in your city here
Cost of Living LIVE Updates Jan 16: The high rate of inflation has pushed up the cost of living across the globe, burning a hole in the common man's pocket. In some relief, India's retail inflation witnessed a notable decline in September, dropping to a three-month low. Key Points
MintBudget 2024: A likely fuel tax cut will support India's consumption
Union Budget 2024: The cut in excise duty on petrol/ diesel that the government had done last year was mainly in response to the spike in global crude oil prices. Since the peak of US$ 120/bbl touched in mid-2022, global crude oil prices have fallen by 50% to current level of US$ 80/bbl. Key Points
Economic TimesHeavy fuel leak from Manipur power station, government orders immediate action
An incident of heavy fuel leakage from Manipur's Leimakhong Power Station has been reported. The fuel leak has spilt into the streams. The state government has directed all concerned departments to take immediate action to prevent such incidents. Key Points
India Today
Cost of Living LIVE Updates Jan 08: fuel prices steady. Check petrol and diesel prices in your city here
Cost of Living LIVE Updates Jan 08: The high rate of inflation has pushed up the cost of living across the globe, burning a hole in the common man's pocket. In some relief, India's retail inflation witnessed a notable decline in September, dropping to a three-month low. Key Points
MintCost of Living LIVE Updates Jan 03: fuel prices steady. Check petrol and diesel prices in your city here
Cost of Living LIVE Updates Jan 03: The high rate of inflation has pushed up the cost of living across the globe, burning a hole in the common man's pocket. In some relief, India's retail inflation witnessed a notable decline in September, dropping to a three-month low. Key Points
MintGoogle launches new feature to help you save fuel. Here is how it works
Google Maps has introduced a new feature in India that helps users save fuel by providing estimates of fuel or energy efficiency for different routes. By considering real-time traffic and road conditions, along with fuel or energy efficiency, the app identifies the most fuel or energy-efficient route, even if it differs from the fastest route. Key Points
Economic TimesGoogle Maps will now help you save fuel: Here’s how the feature works
Google Maps, the go-to app for navigation, introduces a fuel-saving feature in India, providing estimates on fuel or energy efficiency for different routes. This feature, initially launched in the US, Canada, and Europe, is now available to Indian users. Key Points
India TodayTesla urges US to adopt much tougher fuel efficiency rules
Electric vehicle manufacturer Tesla (TSLA.O) on Tuesday urged the Biden administration to finalize much tougher fuel economy standards through 2032 than U.S. regulators have proposed. Key Points
Reuters
IndiGo set to impose fuel surcharge, flight tickets to get costlier by up to Rs 1,000
Indigo, the largest domestic airline in India, has announced the introduction of fuel charges ranging from Rs 300 to Rs 1000 due to the rising prices of Aviation turbine fuel (ATF). The new pricing structure will be implemented from October 6 and will be based on the distance of the sector. Passengers booking Indigo flights will have to pay a fuel charge per sector, with higher charges for longer distances. This is the first time since 2018 that the airline has imposed a fuel surcharge, which was gradually removed when fuel prices decreased. Key Points
Economic TimesToyota working on clean tech for Indian market: Masakazu Yoshimura
The company, which operates in a joint venture with the Kirloskar Group, has started testing a flex fuel strong hybrid version of multi-purpose vehicle Hycross in India. “This is a prototype which we are testing for the first time globally for the market in India. It can take ethanol as well as with the strong hybrid and can have a better fuel efficiency of about 40-50% (compared to gasoline),” said Yoshimura. Key Points
Economic TimesIndian Oil Corp swings to Q1 profit on higher marketing margins
Indian Oil Corp Ltd (IOC) (IOC.NS) reported a first-quarter profit on Friday, as the country's top refiner benefited from higher fuel sales and marketing margins. Key Points
ReutersPetrol and diesel prices on July 24: Check latest rates in your city
India's oil marketing companies (OMCs) review fuel prices daily. The rates, whether new or unchanged, are implemented at 6am each day. Key Points
Hindustan TimesBosch ups investment in hydrogen, begins fuel-cell power module production
German auto supplier Bosch will invest almost 2.5 billion euros ($2.8 billion) in hydrogen fuel cell technology from 2021 to 2026 and expects to generate roughly 5 billion in sales from it by 2030, the company said on Thursday. Key Points
Reuters
At 2.9 mmt, petrol sales remain flat in June, cooking gas demand down 3.4%; check details
The daily petrol sales remained flat at nearly 2.90 million tonnes. However, petrol demand rose 3.4 per cent when compared to the corresponding month last year. Key Points
mintAutomobile industry seeks 5% GST for 2-wheelers running on flex fuel, official says
The automobile industry in India has requested a 5% Goods and Services Tax (GST) on two-wheelers running on flex fuel, similar to electric-powered vehicles. In addition, industry stakeholders have asked for a price guarantee on fuel for flex fuel vehicles (FFVs), with a 35% lower price than E10 fuel to offset the loss in fuel efficiency. This comes as the government aims to reduce oil imports and provide farmers with an additional source of income. Key Points
Economic TimesWant a climate-friendly flight? It's going to take a while and cost you more
Sustainable aviation fuel has become the industry's best hope to achieve net zero emissions by 2050. However, it accounts for just 0.1% of all jet fuel. | Travel Key Points
Hindustan TimesPetrol, diesel prices on June 16: Check latest rates in your city
Fuel prices across the country have been largely stagnant since May 21 last year. That day, the previous pan-India revision to petrol and diesel rates was done. Key Points
Hindustan TimesRevolutionizing India’s energy retail industry with doorstep fuel delivery
Doorstep fuel delivery is 100 per cent safe, pilferage-free, spillage-free, and -adulteration-free. It also offers hassle-free single-vendor solutions with centralized billing and fully automated delivery. Key Points
Financialexpress
HPCL launches pilot study on E27 and ethanol-blended diesel
New Delhi [India], June 9 (ANI): Hindustan Petroleum Corporation Limited launched a pilot study on vehicles using E27 fuel and ethanol-blended diesel. E27 fuel is a blend of 27 per cent ethanol and fossil-based fuel. The oil marketing company became the first in India to initiate such a research program, in line with the “Roadmap […] Key Points
ThePrintNational Technology Day 2023: Changing climate, fueling opportunities
Road transport is the most prevalent mode that impacts the lives of the common citizens. Currently the supply of raw material for ethanol production comes from sugar factories. Key Points
FinancialexpressElectrical energy can be produced from blood sugar: Study
Basel (Switzerland), April 5 (ANI): In type 1 diabetes, the body does not produce insulin. This means that patients have to obtain the hormone externally to regulate their blood sugar levels. Nowadays, this is mostly done via insulin pumps that are attached directly to the body. These devices, as well as other medical applications such […] Key Points
ThePrintConsumers lack awareness of E20's impact on vehicles, say experts
India has commenced its E20 petrol pilot in 32 cities but industry experts are concerned that consumers are unaware of its impact on vehicles. Ethanol-blended petrol is set to reduce the country's oil import cost, boost energy security, and lower carbon emissions, providing environmental and fiscal advantages. However, the change will increase vehicle maintenance costs and impact fuel efficiency by 6-7%. Key Points
Economic TimesAirline Vistara operates long-haul wide-body aircraft using sustainable fuel
Sustainable Aviation fuel (SAF) is a cleaner and more sustainable alternative to conventional jet fuel, lowering carbon emissions by up to 80% over the fuel's life cycle, depending on the feedstock. Vistara becomes first Indian airline to operate a wide-body aircraft on a long-haul route using SAF. | Travel Key Points
Hindustan Times
Deepak Mohanty is new PFRDA chief
New Delhi: The government has appointed Deepak Mohanty as chairman of Pension Fund Regulatory and Development Authority (PFRDA). He replaced Supratim Bandyopadhyay, whose term ended in January. Prior to this, Mohanty, a former executive director of the Reserve Bank of India (RBI), served as a member Key Points
The Tribune IndiaFlight tickets may become more expensive as OMCs hike jet fuel prices. Details here
ATF prices surge to highest level since Dec 2022; jet fuel prices increased by 14% to ₹1.12 lk/kl in Delhi. Key Points
mintIndia's fuel demand hits 24-year high in February: Report
In March, the fuel demand will be 5.17 million barrels per day (bpd) and then the seasonal monsoon-driven slowdown will lead to it dropping to 5 million bpd in April-May. Key Points
mintNitin Gadkari addresses Rajya Sabha on pervasive vehicle pollution: Unveils strategic roadmap towards green mobility
New Delhi [India], December 6 (ANI): In today’s Rajya Sabha session, Minister of Road Transport and Highways, Nitin Gadkari, delivered a comprehensive address shedding light on the escalating issue of vehicle pollution in India. The minister outlined key strategies involving hydrogen-driven and electric vehicles to combat the rising carbon footprint. Nitin Gadkari said, “It is […] Key Points
ThePrintPakistan must finalize new fuel pricing plan to secure IMF deal. Here's why
IMF and Pakistan are set to sign a loan agreement after finalizing a fuel pricing plan. The deal would provide $1.1bn to the cash-strapped country. | World News Key Points
Hindustan Times
Heavy industries ministry weighs reduction of GST on flex fuel vehicles
The Ministry of Heavy Industries is considering requests to reduce the GST on flexible fuel vehicles (FFVs) from the current 28 percent. Consultations with stakeholders and government departments are underway, and once completed, a recommendation will be submitted to the finance ministry. Key Points
Economic TimesGreen hydrogen key to net zero journey, says Adani
Billionaire Gautam Adani on Tuesday made a fervent pitch for vertically integrated green hydrogen projects to help reduce costs of the carbon-free fuel that... Key Points
The Tribune IndiaPetrol, diesel prices on August 16: What are latest fuel rates for your city?
In India, oil marketing companies (OMCs) review fuel prices on a daily basis. The rates, whether new or unchanged, come into effect at 6am each day. Key Points
Hindustan TimesToyota recalls 1,68,000 vehicles over fire risk
The subject vehicles are equipped with a plastic fuel tube which could move and rub against a brake line and develop a fuel leak. A fuel leak in the presence of an ignition source could increase the risk of fire, Toyota said in a recall notice. Key Points
Economic TimesIndia's fuel demand slips in June on monsoon lull
India's fuel demand eased 3.7% in June month-on-month, government data showed on Friday, as monsoon rains restricted mobility in the world's third-biggest oil consumer. Key Points
Reuters