Wholesale price inflation in April rose sharply to 8.3 per cent from 3.88 per cent in March, driven mainly by a steep rise in fuel and energy prices, according to data released by the Ministry of Commerce and Industry on Thursday.
Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Friday said India has not revised retail petrol and diesel prices in the last 60 days despite the increased prices of crude oil and LPG in the global market.
Petroleum Minister Hardeep Singh Puri on Saturday said India’s vast offshore potential is being unlocked with openness, collaboration, and cutting-edge…
The spike was primarily driven by a surge in prices of crude petroleum and natural gas, other manufactured products, non-food articles, basic metals, and food articles.
In light of the conflict in West Asia, the government on Sunday expressed its firm commitment to mitigate the sufferings of people, saying it remains actively engaged in ensuring preparedness and seamless functioning across key sectors.
Union Petroleum Minister Hardeep Singh Puri on Sunday said that 172 hydrocarbon discoveries have been made over the past decade under the leadership of Prime Minister Narendra Modi, including 62 in offshore areas.
India's petroleum product exports worth USD 15 billion to the European Union (EU) may be at risk as Brussels moves to restrict imports of Russian crude oil refined in third countries, economic think tank Global Trade Research Initiative (GTRI) said.
Shyama Prasad Mookerjee Port (SMP) handled an impressive 17.186 million metric tonnes (MMT) of cargo in Q1 of the financial year 2025-26 in April to June marking a 21.21 growth compared to the 14.2 MMT handled in the corresponding period last year.
India's consumption of petroleum products such as diesel, petrol and LPG recorded a significant increase in April this year, reflecting the rising level of economic activity in the country.
This reflects not only an improvement in the lifestyle of the people but also an acceleration in the journey of 'Healthy India with Clean Fuel'.
