India will start supplying petrol with 20 per cent ethanol at select petrol pumps from April next year and will ramp up supplies thereafter as it looks to cut oil import dependence and address environmental issues.
Thousands of Bangladeshis besieged fuel stations across the country after the government raised prices by as much as 52 per cent, the largest jump on record, on the back of higher oil prices. Russia's invasion of Ukraine has seen global energy prices soar, though oil has fallen back in recent weeks as recession fears mount.
European stock markets and world oil prices plunged Tuesday on mounting fears that major economies will slide into recession this year as inflation soars. Europe's main stock markets shed three per cent heading into the close of trading, while benchmark crude contract, Brent North Sea, was down almost ten per cent.
India is considering allowing mills to ship out stocks of raw sugar that have piled up in ports and warehouses, trade and government sources said on Tuesday, weeks after it imposed curbs on overseas sale of the sweetener. Additional shipments from India, the world's biggest exporter of sugar after Brazil, could weigh on raw sugar futures, which are trading near their lowest in
As part of his wedding preparations, Vijay Rajak had a bathroom added to his house so that his wife wouldn't have to walk miles to a lake like other women from his village in the east Indian coal state of Jharkhand. He connected the bathroom tap to a storage tank powered by an electric water pump, but his effort was scuppered by frequent power outages in his village, which