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Thursday
January 2021
4:16 AM IST
News Headlines
Unlucky Kerala shares spoil with Jamshedpur        England team lands in Chennai, Indians arrive in batches for first two tests        Israel military revising operational plans against Iran        France's Sanofi to boost Pfizer vaccine supply amid EU shortages        Hero MotoCorp to commence its operations in Mexico soon        GHIAL to raise US $300 Mn through bond issue for Hyderabad airport expansion        Cabinet approves MSP of Copra for 2021 season        Rajnath speaks to his US counterpart, the two NSAs also talk, Indo-US ties to deepen further        RJD should cancel it's proposed human chain in view of Republic Day violence: Sushil        Two farmer unions withdraw from protest against farm laws        One million COVID-19 vaccine doses administered in India in just 6 days: Health ministry        England near Sri Lanka's 1st innings total after Root's 186        Srikanth resumes training after BAI gets mandatory quarantine time reduced        Melbourne century very special as it was crucial for series victory, says Rahane        FinMin allocates Rs 660 cr additional funds to MP for capex        Markets may remain volatile in holiday-shortened week: Analysts        US condemns Russia's use of harsh tactics against protesters, journalists        Egypt says it has launched vaccination against coronavirus        Qureshi says Pakistan ready to work with new US administration        MP government trying to crush farmers' voice: Kamal Nath        
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Business News
Diesel sales fall 5 pc in Nov after reaching pre-COVID levels in Oct
 
New Delhi, Nov 16 (PTI) India's diesel sales fell 5 per cent in the first half of November when compared with the previous year, industry data showed on Monday, after rising for the first time in eight months in October.

Sale of diesel, the most used fuel in the country, was, however, 7 per cent higher month-on-month.

Between November 1 and 15, diesel consumption was 2.86 million tonnes, down from 3.01 million tonnes in the same period a year back. It was, however, higher than the 2.65 million tonnes demand during the first half of October.

Petrol sales rose marginally to 1.03 million tonnes from 1.02 million tonnes, while cooking gas (LPG) sales for the first time this year fell by 2 per cent to 1.07 million tonnes.

Aviation turbine fuel (ATF) sales fell 53 per cent year-on-year to 155,000 tonnes but were 1.3 per cent higher month-on-month.

The total demand for petroleum products rose 2.5 per cent in October to reach 17.77 million tonnes. While petrol had reached pre-COVID levels in September itself, diesel consumption had returned to normal last month.

Diesel demand spurted 7.4 per cent year-on-year to 6.5 million tonnes while petrol sales were up 4.5 per cent at 2.54 million tonnes.

The growth in diesel consumption was the highest in a year.

Industry sources said month-on-month diesel sales has risen in November, which is a good sign.

Fuel demand had slumped by 49 per cent in April after a nationwide lockdown, imposed to curb the spread of coronavirus, shut industries and took most vehicles off-road.

The 69-day nationwide lockdown was followed by local and state-level restrictions. Restrictions have eased only slowly and in phases, and localised restrictions in containment zones remain.

The onset of the festive season has fuelled a rise in consumption but public transport is not back to normal levels yet as schools and educational institutions continue to remain shut in most parts of the country.


Hero MotoCorp to commence its operations in Mexico soon
GHIAL to raise US $300 Mn through bond issue for Hyderabad airport expansion
FinMin allocates Rs 660 cr additional funds to MP for capex
Markets may remain volatile in holiday-shortened week: Analysts
Coal India says geared up to meet any surge in fuel demand from power sector
Customary 'Halwa Ceremony' kickstarts process of compilation Budget documents
Average flat size increases 10 pc in 2020 across 7 cities to 1,150 sq ft: Report
Rupee gains 6 paise to close near 5-month high of 72.99 vs USD
LT Foods acquires 30% stake in Netherlands-based organic speciality food firm
Asian shares mostly higher as Biden inauguration approaches
Draw inspiration from people 'who see the cup as half full': Nooyi to Indian students in US
Three UK partners with TCS to accelerate 5G network rollout
3 Adani Group-owned domestic airports accredited in ACI health accreditation programme
WhatsApp delays policy rollout to May 15
Strong startup ecosystem critically important for business: Nisa Godrej
Rupee recovers losses, settles 15 paise higher at 73.25 against US dollar
Big steel, cement firms operating as a cartel; need to place regulator: Gadkari
UP's New Excise Policy aims Rs 6,000 cr excess revenue next fiscal
'India ushering in rapid structural reforms to become USD 5 trn economy by 2025'
India urges WTO members to find permanent solution for public stock holding for food security
KERALA NEWS
Fire in luggage van of running train doused in time in Kerala
 Thiruvananthapuram: A fire broke out in a luggage van of a running train in Kerala on Sunday and was  
Kerala logs 5,005 new COVID-19 cases, 4,408 recoveries
5,960 new COVID-19 cases, 27 deaths in Kerala
Kerala transport corporation MD alleges Rs 100-crore scam
INTERNATIONAL NEWS
Israel military revising operational plans against Iran
 Tel Aviv: A senior general of the Israel Army on Wednesday warned that the attack plans against Iran
France's Sanofi to boost Pfizer vaccine supply amid EU shortages
US condemns Russia's use of harsh tactics against protesters, journalists
Egypt says it has launched vaccination against coronavirus
NATIONAL NEWS
Cabinet approves MSP of Copra for 2021 season
 New Delhi: The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on We
Rajnath speaks to his US counterpart, the two NSAs also talk, Indo-US ties to deepen further
RJD should cancel it's proposed human chain in view of Republic Day violence: Sushil
MP government trying to crush farmers' voice: Kamal Nath
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