Latest Fuel News
Recent fuel, transport, and policy updates presented in a clear and scan-friendly format.
Buy Hindustan Petroleum Corporation, target price Rs 590: Motilal Oswal
Hindustan Petroleum Corporation Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 66529.92 Crore) operating in Gas & Petroleum sector.
Petrol sales up 7%, diesel declines 9.5% in April
In the first half of April, India's petrol consumption surged by 7%, reaching 1.22 million tonnes, compared to 1.14 million tonnes during the same period last year. However, diesel sales witnessed a decline of 9.5% to 3.14 million tonnes. This rise in petrol sales can be attributed to increased use of personal vehicles following a price cut, along with the crop harvesting season and the onset of summer.
'If India had not been clear on Russia-Ukraine war, petrol price would have gone up': EAM Jaishankar on foreign policy
Jaishankar emphasized the crucial role of foreign policy in citizens' lives, citing India's clear stance on the Russia-Ukraine war. He highlighted world issues, UNSC membership aspirations, and the importance of strong leadership.