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California begins phasing out gas vehicles in fight against climate change

Democratic Gov. Gavin Newsom told state regulators two years ago to adopt a ban on gas-powered cars by 2035, one piece of California's aggressive suite of policies designed to reduce pollution and fight climate change.

A pump is seen at a gas station. (Image for representation)(REUTERS)
A pump is seen at a gas station. (Image for representation)(REUTERS)
Published on Aug 26, 2022 07:17 AM IST
AP |

On fuel aid, Sri Lankan minister says ‘India only country to give credit line’

The external affairs ministry recently reiterated India's stand of continued support to Sri Lanka amid the economic crisis in the island nation.

A worker stands at an empty fuel station in Colombo, Sri Lanka. (Photo by Arun SANKAR/AFP)
A worker stands at an empty fuel station in Colombo, Sri Lanka. (Photo by Arun SANKAR/AFP)
Updated on Jul 16, 2022 04:12 PM IST
Written by Sharangee Dutta | Edited by Chandrashekar Srinivasan, New Delhi

India’s windfall tax seen netting $12.7 billion, cut budget gap: Report

India on Friday joined a growing number of nations that are taxing energy firms to cope with surging costs. It also increased taxes on gold imports to control the widening current account gap and slow the rupee’s fall.

Representational image(REUTERS)
Representational image(REUTERS)
Published on Jul 04, 2022 01:28 PM IST
Bloomberg |

Japan Airlines mulls replacing short-haul fleet with more fuel efficient models

Japan Airlines said in a statement that it will ‘upgrade to fuel-efficient aircraft and for short-haul fleet replacement we are considering the early introduction of new small- and medium-sized aircraft.’ It added that nothing concrete had been decided yet.

Japan Airlines mulls replacing short-haul fleet with more fuel efficient models (Photo by Charly TRIBALLEAU / AFP)
Japan Airlines mulls replacing short-haul fleet with more fuel efficient models (Photo by Charly TRIBALLEAU / AFP)
Updated on Jul 01, 2022 04:54 PM IST
Bloomberg | | Posted by Zarafshan Shiraz

Centre losing 2.2L cr in 2 fuel duty cuts: FM Nirmala Sitharaman

The central government on Saturday decided to reduce RIC on petrol from ₹13 a litre to ₹5, and on diesel from ₹8 to ₹2, which became effective from Sunday.

The VAT on petrol in Delhi (including VAT on dealers’ commission) on Sunday came down to <span class='webrupee'>₹</span>15.71 a litre from <span class='webrupee'>₹</span>17.13 before the tax cut, Indian Oil Corporation data showed. (HT PHOTO)
The VAT on petrol in Delhi (including VAT on dealers’ commission) on Sunday came down to 15.71 a litre from 17.13 before the tax cut, Indian Oil Corporation data showed. (HT PHOTO)
Updated on May 23, 2022 07:04 AM IST
ByRajeev Jayaswal

Indonesia allows airlines to raise economy class fares as fuel prices soar

Effective this week, fuel surcharges will be allowed to exceed the government-regulated price ceiling by up to 10% for jet plane flights in Indonesia and up to 20% for flights using propeller planes

Indonesia allows airlines to raise economy class fares as fuel prices soar. (REUTERS/Beawiharta/File Photo)
Indonesia allows airlines to raise economy class fares as fuel prices soar. (REUTERS/Beawiharta/File Photo)
Updated on Apr 20, 2022 08:26 PM IST
Reuters | | Posted by Zarafshan Shiraz, Jakarta

Petrol and diesel prices rise again, hit 3-week high

Petrol, which in Delhi was cut to Rs 81.50 on October 5, cost Rs 81.82 on Sunday. Diesel rates were hiked by 29 paise a litre each on Saturday and Sunday.

Petrol and diesel prices were cut by a minimum of Rs 2.50 on October 5 when the government’s only second cut in excise duty of Rs 1.50 per litre and state-owned fuel retailers providing a Re 1 per litre subsidy came into effect.(Pratik Chorge/HT Photo)
Petrol and diesel prices were cut by a minimum of Rs 2.50 on October 5 when the government’s only second cut in excise duty of Rs 1.50 per litre and state-owned fuel retailers providing a Re 1 per litre subsidy came into effect.(Pratik Chorge/HT Photo)
Updated on Oct 07, 2018 03:04 PM IST
New Delhi | ByPress Trust of India
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