Petrol, diesel demand rises in April as summer fuels consumption
The Hindu
India's diesel consumption rebounds with 4% growth in April, driven by summer demand and electioneering.
India's diesel consumption rebounded in April, recording a 4% increase in demand after months of low or negative growth, driven by the start of summer season with warmer days and nights.
Diesel, India's most consumed petroleum fuel and lifeline of transport and rural agri economy, saw just 2% growth in demand in fiscal year ended March 31, 2024 and no growth at all in the preceding financial year.
In April, diesel consumption rose to 8.23 million tonnes, up nearly 4% over demand in the year-ago period, according to latest data available from the Petroleum Planning and Analysis Cell of Ministry of Petroleum and Natural Gas.
The consumption was 5.3% more than April 2023 and 10.45% higher than the previous Covid-2019 period.
Onset of summer triggers rural demand for irrigation as well as for air-conditioning in urban areas. The 4% rise in April 2025 is the highest recorded volume for this month and second highest ever volume in any month.
Industry officials said diesel had hit a slow lane in the last few months, leading to speculations about its future. The growth in April was on the back of rise in consumption for electioneering a year back.
While there has been a shift in passenger vehicles to petrol, CNG and electricity, diesel still makes up for around 38% of all petroleum products consumed in the country.
India's internet user base reaches 958 million, with 57% from rural areas, highlighting rapid digital adoption across the country.
The Economic Survey reveals a decline in agricultural growth to 3.5% in 2025-26, despite steady foodgrain production increases.
Economic Survey 2025-26 warns unconditional cash transfers risk state finances, impacting fiscal sustainability and medium-term growth.
Economic Survey 2025-26 advocates for tax rationalization on debt-assets to enhance investment in corporate bonds and savings.
Restrictions may also be levied on marketing of infant and toddler milk and beverages to tackle rising obesity
Commercial Vehicles major Tata Motors Ltd. (TML) for the third quarter ended December 31, 2025 reported a 48% fall in consolidated net profit to ₹705 crore as compared with ₹1,355 crore in the year ago period due to one-time impacts of Labour Code and de-merger.
India’s energy gap between supply and demand has dropped to nil by November 2025
India's pharma industry shifts to value-driven approaches, focusing on complex generics, innovation, and expanding medical device exports.
The Economic Survey advocates scrapping MGNREGS, citing structural flaws, while introducing a new rural employment law for improved effectiveness.
The Economic Survey warns that an AI-led correction amid geopolitical tensions could severely impact global financial markets.
Economic Survey key takeaways: Here is a look at the key numbers from the Economic Survey 2025-26 in charts, including GDP, inflation, fiscal deficit and more.
The Economic Survey 2025-26 reveals urban land as "dead capital" due to restrictive regulations and unclear titles, urging better utilization.
India's Economic Survey highlights the need for financial regulators to balance growth and stability amid global uncertainties.