Latest Fuel News
Recent fuel, transport, and policy updates presented in a clear and scan-friendly format.
Flying to Europe? This major airline is latest to introduce an environmental cost surcharge
Lufthansa has introduced an environmental charge on fares, aligning with EU regulations to reduce emissions. Surcharge of up to 72 euros to be applied on flights, offsetting costs of sustainable aviation fuel.
‘It is beyond belief we’re still subsidising the cause of the climate crisis — we need greater subsidies for renewables over fossil fuels now’
"I think the CBAM, to the extent that it does result in significant revenue from tariffs, should recycle some of those funds in lump sum forms to help countries clean up their production processes and adapt to climate change," says Cameron Hepburn, Battcock Professor of Environmental Economics at the Smith School of Enterprise and the Environment, Oxford University.
HDFC Bank credit card charges, rules to change from August 1, 2024: Know about new late payment fee, bill payment rules
HDFC Bank announced major revisions to its credit cardholders about terms and charges. The following changes to your HDFC Bank credit card charges will come into effect on August 1, 2024.
Milk prices to go up in Karnataka from Wednesday, week after fuel price hike; liquor next in line
The prices of other KMF products such as curd and milk-related items will remain unchanged, said Federation chairman Bhima Naik. Chalking the hike up to the growing cost of milk storage, he said, “As it is the current harvest season, the storage of milk in all district milk unions is increasing every day and the current storage is close to one crore litres.” The price, he added, was still less, compared to the neighbouring states.
India and China top buyers of Russian fuel oil in May, LSEG data shows
In May, Russian seaborne fuel oil and VGO exports peaked at 4 million metric tons, with India and China as top destinations. The surge followed the European Union's embargo on Russian oil products, redirecting supplies to Asia. Notably, ship-to-ship loadings near Greece and Malta facilitated the transfer of cargoes destined for Asia.
India's inflation also 'K-shaped'; rural folk more hurt by price-rise: HSBC
The government lent a helping hand by cutting several fuel prices but many of the fuels like petrol, diesel and LPG are not commonly used in rural areas, like they are in urban centres, leading to rural inflation being much higher than urban, it said.
After fuel prices, milk prices go up in Karnataka as Nandini hikes price by ₹2 per litre
KMF says this was not an increase in price of milk, but a revision of price and quantity with each sachets carrying an additional 50 ml for the enhancements in price
Panthers Claim Their First Stanley Cup, Defeat Oilers 2-1 in Thrilling Game 7
SUNRISE, Fla. (AP) — Aleksander Barkov put his hands at either end of the Stanley Cup and began skating away to start the celebration that the Florida Panthers have wanted forever.
Groww clarifies on complaint of 'fraud', says no money deducted from customer, no transaction took place
Groww clarified in response to a user complaint that the app took the money but never actually invested it in the mutual fund. Groww said the money was never debited from the customer's account.
Maruti Grand Vitara discounts now at Rs 1.4 lakh, up by Rs 66,000
Discounts on the Fronx and XL6 have also increased for a limited period.
Switzerland vs Germany highlights in pictures, Euro 2024: SUI v GER photo gallery
Highlights in pictures of the Euro 2024 Switzerland vs Germany Group A match from the Frankfurt Arena Stadium.
Explainer: How climate change fuels extreme heat worldwide
Climate change is driving dangerous heat waves across the Northern Hemisphere, with global emissions continuing to rise since 1995.
Decarbonization by 2045 agreed: Youth-led climate lawsuit settled in Hawaii
Hawaii settles with 13 young plaintiffs in Navahine v. Hawaii Department of Transportation lawsuit to decarbonize transportation by 2045, approved by Judge Tonaki.
Villagers in Gujarat create fake toll plaza, collect Rs 75 crore from commuters – Here’s how the scam unfolded
A team of five strongmen built a bogus toll plaza on private land in Gujarat’s Morbi district barely 600 meters from the National Highways Authority of India’s (NHAI) official toll plaza.
BPCL retail outlets will act as EV hubs to purchase, test ride & experience electric scooters
BPCL has teamed up with Bounce Infinity, an Indian electric scooter manufacturer, to accelerate EV adoption in India by launching "eDrive stores" at BPCL retail outlets. These stores aim to make electric two-wheelers more accessible nationwide. Pardeep Goyal, BPCL's Business Head of Retail, highlighted the initiative's role in supporting sustainability goals and transforming fuel stations into versatile energy hubs.
From surplus to self-sufficiency: India’s bold leap towards a sustainable biofuel future
Capitalising on its agricultural strengths, India, is setting a global benchmark, for sustainable development