India must align businesses to approach logistics collaboratively, rather than planning movement in isolation, writes Samarnath Jha. Every increase in diesel prices in India triggers the same discussion across boardrooms and transport yards: How much additional cost will the supply chain have to absorb? And what is the solution to these inflationary pressures? With the...
Tag: fuel prices
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Indian airline industry calls for rationalisation of jet fuel taxes
The price of jet fuel in the national capital was increased by 18.32% Domestic airlines in India have called for rationalisation of jet fuel taxes, in a move to combat the spike in fuel prices. High crude oil prices prompted Oil Marketing Companies (OMCs) to raise Aviation turbine fuel (ATF) prices to over Rs 1...
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Tata Power to add 646.7 MW RE
Tata Power plans to increase its renewable energy capacity by about 71 per cent to cut carbon emissions and reduce risks from fluctuating fuel prices. The utility is adding 646.7 MW of renewable energy capacity.
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Subsidy policy to hit OMCs
Oil marketing companies’ (OMC) profitability and cash flows will continue to be strained on account of uncertainty over the future subsidy sharing pattern.