The cement industry, spurred by rising demand in infrastructure and housing, is set for a significant capacity expansion, aiming to add 150-160 million tonne (MT) from FY25 to FY28, according to a report by Crisil Ratings. Over the past five fiscal years, the industry has already augmented its capacity by 119 MT annually, reaching a […]
Indo Petroleum Marketing (IPM), a Delhi-based start-up company that has been granted transportation fuel retail marketing authorization by the Ministry of Petroleum and Natural Gas, will set up 15 retail outlets in Assam. The start-up company has been granted transportation fuel retail marketing authorization by the Ministry of Petroleum and Natural Gas of the Government […]
Wholesale inflation in India, based on the Wholesale Price Index, is back in positive territory after staying in the negative zone for the seventh straight month until October. Data released by the Ministry of Commerce and Industry on Thursday afternoon showed India’s wholesale inflation in November stood at 0.26 per cent. In October, it was […]
Official data revealed that India experienced an 11 per cent decrease in diesel exports and a 4.5 per cent drop in petrol exports during July. This decline was attributed to the implementation of a windfall profit tax by the government on such sales. According to the Petroleum Planning and Analysis Cell (PPAC) under the Oil […]
