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Petroleum Ministry says fuel, LPG stocks adequate amid global supply disruptions; urges citizens to conserve energy
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ET Markets - Industry 61d ago

Petroleum Ministry says fuel, LPG stocks adequate amid global supply disruptions; urges citizens to conserve energy

India's Petroleum Ministry confirms stable fuel supplies despite global energy challenges. Crude oil inventories are secure, refineries operate at peak capacity, and no fuel shortages are reported nationwide. The government urges citizens to conserve fuel by using public transport, carpooling, and opting for electric vehicles. These measures aim to ease the nation's economic burden and reduce import dependence.

ENERGYGKENERGYGLOBALKPELOILTCIVICTORYEVAutomobile and Auto ComponentsConstruction
Multi Lane Free Flow toll system to lower the operation cost for toll collection to 3-4% from 12-15%: Gadkari
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ET Markets - Industry 61d ago

Multi Lane Free Flow toll system to lower the operation cost for toll collection to 3-4% from 12-15%: Gadkari

Speaking at the launch of the Multi-Lane Free Flow (MLFF) tolling system at the Mundka–Bakkarwala Toll Plaza, Delhi, days after the country's first MLFF system was launched at the Chorayasi toll plaza on the Surat–Bharuch section of NH-48 in Gujarat, road transport and highways minister Nitin Gadkari on Monday said the multi-lane free flow (MLFF) barrier-less tolling system will lead to Rs 295 crore of fuel saving per year and reduction of 81,000 tonnes of carbon dioxide emission besides reduction in travel time and enhancement of logistics efficiency.

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After PM Modi, Gadkari Appeals To Save Petrol And Diesel Amid Middle East Crisis
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NDTV Profit 61d ago

After PM Modi, Gadkari Appeals To Save Petrol And Diesel Amid Middle East Crisis

Gadkari urged people to use public transport in order to save petrol and diesel.

TCIServices
After PM Modi’s WFH appeal, Nitin Gadkari has this message for Indians to save fuel amid Iran war
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ET Markets - Industry 61d ago

After PM Modi’s WFH appeal, Nitin Gadkari has this message for Indians to save fuel amid Iran war

Amid escalating Middle East tensions, Prime Minister Modi urged citizens to conserve fuel by reducing petrol and diesel consumption, promoting work-from-home, public transport, and carpooling. He also advised against non-essential foreign travel and gold purchases for at least a year to bolster foreign exchange reserves and the domestic economy.

GOLD1GOLDBETAHDFCGOLDIVZINGOLDLICMFGOLDQGOLDHALFTATAGOLDTCIFinancial ServicesServices
Railways clears 2 projects in northwest Delhi to reduce congestion: CM
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ET Markets - Industry 62d ago

Railways clears 2 projects in northwest Delhi to reduce congestion: CM

The Railways has approved crucial infrastructure projects for northwest Delhi. Widening of the Haiderpur-Badli rail overbridge will ease Mukarba Chowk traffic. An elevated loop connecting Shalimar Bagh and Sanjay Gandhi Transport Nagar also received approval. These projects aim to significantly reduce congestion and improve connectivity. The Delhi government is committed to developing a modern transport network.

COMMITTEDDHARARAILRPPINFRATCIConstructionServices
CAG conducting special audit of 101 cities to assess ease of living, says Murthy
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ET Markets - Industry 65d ago

CAG conducting special audit of 101 cities to assess ease of living, says Murthy

India is auditing 101 cities to understand citizen ease of living. The Comptroller and Auditor General is also examining transport and logistics. This is part of a BRICS summit in Bengaluru focusing on urban mobility. Cities are vital for India's GDP and job creation. Effective urban mobility requires integrated systems, not just infrastructure.

PATINTLOGRSYSTEMSSJLOGISTICTCITOTALURBANURBANCOVITALChemicalsConsumer Services
Telangana govt seeks Centre’s approval for Rs 38,595-crore Hyderabad Metro Phase-II project
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ET Markets - Industry 66d ago

Telangana govt seeks Centre’s approval for Rs 38,595-crore Hyderabad Metro Phase-II project

Telangana government seeks Union government approval for the ₹38,595 crore Hyderabad Metro Rail Phase-II project. Chief Minister Revanth Reddy met Union Minister Manohar Lal Khattar to expedite approvals. The state aims for a joint venture for the 122.9 km expansion. Hyderabad's rapid growth necessitates this urban transport network enhancement.

LALTCIURBANURBANCOConsumer ServicesServices
NEWS
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Business Standard - Markets 66d ago

India's services sector accelerates in April as domestic demand drives growth

The improvement was driven by stronger domestic demand, increased e-commerce activity, and a shift from international to domestic suppliers amid the war in the Middle East, which particularly supported transport services. New business inflows grew at the quickest pace in five months, led by Consumer Services, followed by Transport and Information & Communication.

BBETF0432CONSUMERFIVESTARTCIFinancial ServicesServices
Govt approves ₹23,437 crore railway expansion across 6 states
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ET Markets - Industry 67d ago

Govt approves ₹23,437 crore railway expansion across 6 states

The Union Cabinet has approved three major railway projects costing over ₹23,000 crore. These projects will add nearly 900 km to the Indian Railways network. They aim to reduce traffic congestion and boost capacity. This will improve connectivity across several states. The enhancements will also support the transport of essential goods and reduce logistics costs.

IRCTCIRFCRPPINFRASJLOGISTICTCIConstructionConsumer Services
80% Households To Slash Travel Plans, 50% To Cut LPG Use If Fuel Prices Hiked, Study Finds
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NDTV Profit 67d ago

80% Households To Slash Travel Plans, 50% To Cut LPG Use If Fuel Prices Hiked, Study Finds

Survey flags inflation risks from potential fuel hikes; 35% likely to shift to public transport, many to cut household spending.

TCIServices
India has no plans for financial support for fuel retailers, official says
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ET Markets - Industry 68d ago

India has no plans for financial support for fuel retailers, official says

India will not compensate state-run fuel retailers for losses incurred by selling transport fuels below market prices. While companies have increased prices for industrial customers and jet fuel for foreign carriers, retail prices for gasoline, gasoil, LPG, and jet fuel for Indian carriers remain unchanged. The government prioritizes protecting retail consumers.

JMFINANCILRETAILSDREAMSTCIV2RETAILConsumer ServicesFinancial Services
Delhi Metro expansion: CM Rekha Gupta to unveil 97 km plan under Phase V(b)
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ET Markets - Industry 69d ago

Delhi Metro expansion: CM Rekha Gupta to unveil 97 km plan under Phase V(b)

Delhi Chief Minister Rekha Gupta is set to announce Phase V (b) of the Delhi Metro, a 97-km expansion across seven corridors with 65 stations. This ambitious project, costing over Rs 48,000 crore, aims to extend the network into outer city areas, enhancing connectivity and promoting sustainable transport. Four priority corridors are targeted for completion by 2029.

TCIServices