India News

Government Clarifies E20 Fuel Use Will Not Affect Vehicle Insurance Validity

NEW DELHI: The Central Government has clarified that India’s ethanol blending programme is safe, consumer-friendly, and economically beneficial, rejecting concerns that the use of E20 fuel could lead to the invalidation of vehicle insurance policies. In a statement, the Ministry of Petroleum and Natural Gas said reports suggesting that E20 fuel usage could affect insurance Read More…

Business Economy India News

State Oil Firms Face Massive Losses as Fuel Prices Remain Unchanged

India’s state-run oil companies are reportedly suffering losses of ₹700 crore to ₹1,000 crore per day as petrol, diesel and LPG prices remain unchanged despite a sharp rise in global energy prices amid the West Asia conflict. According to estimates, the losses have touched nearly ₹30,000 crore a month as public sector oil firms continue Read More…