First India-manufactured 2025 Range Rover Sport adds to India growth story
Global automaker Range Rover on Thursday announced the start of sales for the 2025 'Made in India' Range Rover Sport in the country.
Global automaker Range Rover on Thursday announced the start of sales for the 2025 'Made in India' Range Rover Sport in the country.
The death toll from a massive explosion at a fuel depot in central Italy rose to five after the body of the last missing worker was found, Italian authorities confirmed.
Under the EBP programme, public sector oil marketing companies (OMCs) sell ethanol blended with petrol.
The move marks the end of a levy introduced in July 2022, and is set to bring relief to oil conglomerates Reliance and ONGC, as their gross refining margins may get a lift.
India's petrol, aviation turbine fuel, and LPG consumption shot up in October this year compared to the same month last year, reflecting the rising demand for these fuels in a growing economy.
Till Tuesday, fuel prices were steady since early November when the Centre reduced excise duty on petrol and diesel by Rs 5 and Rs 10 per litre, respectively.
Accordingly, the increase in selling price, which includes state levies, central excise and cess amongst other factors, came days after an astronomical rise in crude oil prices due to the Russia-Ukraine war.
If sources in the industry are to be believed, the minimum price of petrol and diesel may go up by Rs 5 a litre. It might go up as high as Rs 10 a litre if the tension between Russia-Ukraine does not ease by then.
The cost-of-living increase was mainly influenced by higher prices for petrol, mortgage interest payments, and second-hand motor cars, Dewbery said.
The NDMC chairman presented a budget with a moderate surplus of Rs 135.84 crore in the current financial year (2021-22) and Rs 178.95 crore for the financial year 2022-23.
