India, the world’s third biggest oil consuming and importing nation, spent $119.2 billion in 2021-22 (April 2021 to March 2022), up from $62.2 billion in the previous fiscal year. India’s crude oil import bill nearly doubled to $119 billion in the fiscal year that ended on March 31, as energy prices soared globally following the […]
The Supreme Court recently banned plying of 15-year-old petrol and 10-year-old diesel vehicles in the National Capital Region (NCR) to check “very critical” level of pollution, upholding the earlier verdict of National Green Tribunal. This was generally welcomed by vehicle manufacturers as it provided yet another opportunity to improve their sales. But this has opened […]