India’s power demand up by 8 per cent during early November 2020


The gradual recovery of economic and commercial activities during the festive season indicate that power consumption in November is heading for a positive growth on a year-on-year (y-o-y) basis, making it the third straight month to record an annual rise in electricity demand, reports Financial Express. According to the government’s preliminary data, 50,159.6 billion units […]

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Oil marketing companies in India hike margins while consumers pay hefty price for fuel: ICICI Securities


Even as consumers continue to pay higher prices for petrol and diesel, country’s biggest oil marketing companies are expected to reap in higher margins on sale of the two products substantially improving their profitability, claims a report by ICICI Securities. As per oil sector analysts of ICICI Securities, at current retail price of petrol and diesel, OMCs are […]

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