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Fuel hike to accelerate investment in renewable energy, energy conservation: Experts

New Delhi, May 15 (IANS) As petrol and diesel prices were raised by Rs 3 per litre on Friday, experts said that the fuel price hike could accelerate investment in renewable energy and diversified supply chains. Dr. Manoranjan Sharma, Chief Economist at Infomerics Ratings, said the hike could push inflation higher by raising transportation and […]

Petrol at Rs 97.77 in Delhi after fuel hike; check rates in major Indian cities

New Delhi, May 15 (IANS) Petrol and diesel prices surged across top Indian cities on Friday after state-run oil companies announced a fresh hike of over Rs 3 per litre amid rising global crude oil prices and supply concerns linked to the ongoing West Asia crisis. Following the revision, petrol prices climbed to Rs 110.89 […]