Latest News on Fuel Cost
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Fuel Cost - Total results - 9
Feb 14, 2020
Wholesale inflation spikes to nine-month high of 3.1%; impact of rise in fuel cost, manufactured food productsWholesale inflation has spiked to 3.1 percent in January from 2.59 percent in the previous month on higher fuel cost and price rise in manufactured products, as per government data released on Friday
Jul 29, 2019
Discoms make a beeline for cheaper power supplied by NTPC under SCED system; expected to save nearly Rs 2.5 cr per dayNTPC is best equipped to offer power at a lower cost to the central pool since a number of its units have lower fuel costs
Feb 14, 2019
Cash strapped-Jet Airways logs net loss of Rs 588 cr in December quarter as fuel cost soars 30%Struggling carrier Jet Airways on Thursday reported a standalone net loss of Rs 587.77 crore for the third quarter ended 31 December as against net profit of Rs 165.25 crore in the same quarter previous fiscal
Nov 27, 2018
Fuel price hike, BS-IV vehicles’ cost may erode small truck operators’ profits this year; driver shortage adds to woes: Crisil reportCost of ownership of BS-IV vehicles has increased, given an 8-10 percent higher purchase cost, and adding to transporters' woes, the prices of tyres are up 5 percent.
Nov 14, 2018
Spicejet Q2 net loss at Rs 389.37 cr as high fuel cost, rupee fall take tollSpiceJet had posted a net profit of Rs 105.27 crore in the same quarter last fiscal
Nov 09, 2018
Air India Express' net profit slips 11% to Rs 262 cr in FY18 on high fuel cost; sluggish growth in Gulf economiesThis is the third consecutive profitable year for the Air India Express
Oct 15, 2018
Narendra Modi warns of high crude oil prices hurting global economic growth; seeks review of payment termsPrime Minister Narendra Modi on Monday warned oil producers like Saudi Arabia that high crude prices are hurting the global economy and sought a review of payment terms to provide a temporary relief to the local currency.
Oct 15, 2018
Oil price spike: Narendra Modi pitches for partnership between producers, consumers to reduce energy costNarendra Modi highlighted that the consuming countries, due to rising crude oil prices, face many other economic challenges including serious resource crunch. The cooperation of the oil producing countries would be very critical to bridge this gap.
Aug 29, 2018
Cash-strapped Jet Airways gets liquidity support of $300 mn as advance lease incentives, debt from domestic banksJet Airways had reported a whopping Rs 1,323 crore of net losses for June quarter due to higher fuel cost, falling rupee and low fares.