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Stabil339 Meldungen13 QuellenZuletzt aktualisiert: 5 sa önce
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Govt to Compensate Highway Builders for Soaring Diesel Costs
In Entwicklung
Business·5 sa önceKI-Zusammenfassung

Govt to Compensate Highway Builders for Soaring Diesel Costs

The Indian government will compensate highway builders for a nearly 71% surge in bulk diesel prices over three months, aiming to shield them from increased expenditure due to the West Asia conflict. A new policy will soon be released, allowing agencies to pay the difference between base and prevailing diesel rates. This follows a significant increase in bitumen prices and a slowdown in highway construction, with a parliamentary panel recommending measures like bitumen reserves and alternative sourcing.

T
Times of India
ASEAN Leaders Meet Amidst Energy Crisis, Urge Faster Action
Dringend
Politik·3 g önceKI-Zusammenfassung

ASEAN Leaders Meet Amidst Energy Crisis, Urge Faster Action

Philippine farmer Dan Rae Hugo faces doubled diesel costs and reduced profits due to the Iran war's impact on global energy prices. Meanwhile, ASEAN leaders convened in Cebu to address the energy shock affecting all 11 member states, agreeing to accelerate an energy security framework and a regional power grid. Philippine President Ferdinand Marcos Jnr stressed the urgent need for these measures, stating they were needed 'yesterday'.

S
SCMP Economy
Govt empowers itself to restrict bulk fuel purchases from retail pumps
In Entwicklung
Politik·3 g önceKI-Zusammenfassung

Govt empowers itself to restrict bulk fuel purchases from retail pumps

Amidst a shift by industrial and commercial consumers to retail fuel stations for lower prices, the Indian government has empowered itself to temporarily restrict bulk purchases of petrol and diesel from pumps. This measure aims to prevent shortages, hoarding, and diversion of supplies meant for ordinary consumers. The new order allows for restrictions on fuel procurement through retail outlets when deemed necessary in the public interest, potentially limiting sales to 200 liters per customer per day and prohibiting resale.

T
Times of India