5
Thursday
August 2021
4:07 AM IST
News Headlines
Bajaj Auto July sales jumps 44 pc in Jul        Pegasus issue: SC to hear on Aug 5 pleas seeking probe into snooping allegations        Dutee finishes last in her 200m heat race, fails to qualify for semifinals at Olympics        Pakistan reports spike in new COVID-19 cases        Mexico's referendum on trying ex-presidents falls short        Berlin protesters decry coronavirus measures; 600 detained        Brave Indian women create history, enter maiden Olympic hockey semifinals        Tokyo Olympics: Badminton star P V Sindhu scripts history on Super Sunday        India beat South Africa 4-3 to keep QF hopes alive in Olympic women's hockey        World No.1 Panghal's Olympic campaign ends with shocking loss to Colombian Martinez        COVID-19: India records 41,649 fresh cases, 593 more fatalities        TREMOR        Das knocks out Olympic champion in Tokyo, joins wife Deepika in last-16        Air India sold its 115 properties for Rs 738 crore since 2015: Govt        Researchers Develop Variants Of More Potent, Stable Nanobodies To Fight SARS-CoV-2        Assam, Mizoram trade barbs over deployment of security forces at interstate border        HC rejects plea to reassess minority status of Christians, Muslims in Kerala        Govt hiding on Pegasus issue, responsible for Parliament logjam: Congress        True legend of Indian badminton: tributes pour in after legendary Nandu Natekar dies        Tendulkar helps farmer's daughter to pursue dream of becoming doctor        
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | Health   | About Deepika 
Business News
India's fuel demand rebounds in June
 
New Delhi: India's fuel demand rebounded in the first half of June as easing of coronavirus lockdowns helped sales but the consumption was still lower compared to last year.

While petrol sales rose by 13 per cent during June 1-15 over the same period of last month, diesel consumption was up 12 per cent, according to data compiled by state fuel retailers.

This is the first monthly increase since March.

Fuel demand had recovered to near-normal levels in March before the onset of the second wave of Covid-19 infections led to the reimposition of lockdowns in different states, stalling mobility and muting economic activity.

Consumption in May slumped to its lowest since August 2020.

With COVID case addition down 79 per cent since peak 5 weeks ago and vaccination pace picking up, state governments have continued rule relaxations at a relatively faster pace than in 2020.

Delhi has already announced the reopening of markets and malls for near-normal hours while restaurants can open at 50 per cent capacity. Maharashtra government allowed malls to open in Pune.

Significant relaxations in South including TN allowing non-essential shops to open from this week. Barring any unforeseen COVID rebound, economic activity is expected to improve in the weeks ahead.

Diesel sales at 2.48 million tonnes during June 1-15 were however 7.5 per cent lower than consumption in the same period last year and 21.4 per cent lower than pre-Covid June 2019.

Similarly, petrol sales at 904,900 tonnes were 3.5 per cent lower year-on-year and 20.7 per cent lower than June 2019.

Consumption of LPG, the only fuel which showed growth even during the first lockdown because of free supplies by the government to the poor, was down 1.3 per cent at 1.1 million tonnes month-on-month but was 14.6 per cent higher than last year rand 2.19 per cent more than June 2019.

With airlines yet to resume full scale operations because of travel restrictions around the globe, jet fuel sales at 107,400 tonnes was down 17.4 per cent month-on-month but 13.2 per cent higher than June of 2020. It was 65.5 per cent lower than June 2019 sales.


Bajaj Auto July sales jumps 44 pc in Jul
Air India sold its 115 properties for Rs 738 crore since 2015: Govt
Rolex Rings IPO fully subscribed within hours of opening
Tata Motors plans to hike passenger vehicle prices from next week
Asian stocks mixed, Tokyo gains after Wall Street highs
Reliance to start gas production from MJ field in Oct-Dec 2022
RBI central board short of 9 non-official directors
Sensex drops over 100 pts in early trade; Nifty slips below 15,800
Asian markets mixed after modest gains on Wall St
Byju's acquires Epic for USD 500 mn
Excise duty rates on petrol, diesel calibrated to generate resources for infra development: FinMin
6.66 lakh direct, indirect jobs generated by 22 operational mega food parks: Govt
L&T construction arm bags orders in overseas, domestic market
Spinny raises USD 108 mn in funding led by Tiger Global, Avenir Growth
Globus Infocom expects to grow business by 70% to Rs 350 cr by FY22
UN appeals for $850 million to help war-torn Afghanistan
Rupee inches 3 paise higher to 74.51 against US dollar in early trade
Maruti lines up Rs 18,000 cr investment for new manufacturing plant in Haryana
Zomato IPO subscribed 36% in early hours, investors across segments bid
Tiger Shroff - Now the face and brand ambassador for GreatWhite Global Pvt.Ltd.
KERALA NEWS
HC rejects plea to reassess minority status of Christians, Muslims in Kerala
 Kochi: The Kerala High Court on Thursday said merely because there are a few rich people among the m  
COVID-19: Over 4.5L vaccinations on Saturday, more than 16 lakh jabs this week in Kerala
Curbs tightened in Kerala following increase in COVID TPR
UDF walks out of Kerala Assembly over allegations against Forest Minister
INTERNATIONAL NEWS
Pakistan reports spike in new COVID-19 cases
 Islamabad, Aug 1 (PTI) Pakistan reported 5,026 new coronavirus cases on Sunday, its highest daily-ca
Mexico's referendum on trying ex-presidents falls short
Berlin protesters decry coronavirus measures; 600 detained
Researchers Develop Variants Of More Potent, Stable Nanobodies To Fight SARS-CoV-2
NATIONAL NEWS
Pegasus issue: SC to hear on Aug 5 pleas seeking probe into snooping allegations
 New Delhi, Aug 1 (PTI) The Supreme Court is scheduled to hear on August 5 the pleas, including the o
Assam, Mizoram trade barbs over deployment of security forces at interstate border
48% parents not willing to send their kids to schools till they get Covid vaccines: Survey
Will depend on situation, no problem if someone else leads: Mamata Banerjee on being face of Oppn
Untitled Page
Rashtra Deepika LTD
Copyright @ 2021 , Rashtra Deepika Ltd.