Categories: BUSINESS

India’s fuel exports fall 21% in October: Domestic demand surges; HPCL and Nayara hit by disruptions

India’s fuel exports saw a significant 21% drop in October, primarily due to refiners prioritizing domestic demand during the festive season and addressing refinery outages. Nayara Energy’s exports were also constrained by sanctions. While diesel exports declined, petrol sales saw a healthy increase, indicating mixed domestic consumption trends.
Sumitra

Recent Posts

IDFC First Bank Q2 profit nearly triples to Rs 1,045 crore; loan assets rise 30%

In Q2 FY27, IDFC First Bank showcased an impressive profit surge of 196.5 percent year-on-year,…

2 days ago

Kotak Mahindra Bank Q2 results: Consolidated net profit jumps 26% to Rs 5,645 crore

Kotak Mahindra Bank reported an impressive 26% growth in its consolidated net profit for the…

2 days ago

Upper layer NBFCs have to list: RBI guv on Tatas; dispels doubts on Sept order

RBI governor Sanjay Malhotra’s comments also suggest Tata Sons is in breach of RBI rules.…

3 days ago

Record haul: Jio IPO collects Rs 7.5 lakh crore; nearly 1.3 crore investors make bids

In the unofficial market, speculators are betting that the company will be listing at about…

3 days ago