Rising gas prices have constrained CNG penetration in commercial vehicles to 9-10 per cent in the current fiscal from peaks of 16 per cent, Icra Ratings said on Friday. A spurt in global energy prices has led to a 70 per cent jump in the price of CNG in the last one year. This has […]
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Reliance Industries Ltd. expects prices of natural gas in India to rise again in October but wants government-dictated caps to go, in a bid to align domestic rates with global energy prices. The conglomerate, controlled by billionaire Mukesh Ambani, expects the price cap for its KG-D6 gas sales to rise over the current $9.92 per […]
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The Indian basket of crude oil on June 9 touched $121.28, matching levels seen in February-March 2012 The Indian basket of crude oil on June 9 touched $121.28, matching levels seen in February-March 2012 The basket of crude oil that India buys has hit a decade high of $121 per barrel, but retail selling prices […]
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