With generous dispensing of cheap diesel to rich car owners, the government has finally turned the market around. Media is abuzz with the Petroleum Planning and Analysis Cell’s report. It says the diesel consumption growth rate at 6.4 per cent has outstripped that of petrol at 4.5 per cent. Petrol price hikes have made the fuel price gap gape wider and add to diesel’s lure.
Western companies are in the race for slice of the lucrative market for clean technologies such as renewable energy and water or soil treatment projects in India and China, which corporate leaders say will be worth trillions of dollars in a few years as the Asian giants grapple with rising oil prices and pollution.
If energy, reforms and governance are addressed right, the Indian economy will be the largest by 2045
Given its extraordinary demographics and the unfulfilled demand for infrastructure and consumption combined with the hopes and predictions of responsible bankers such as Citibank and Goldman Sachs, India must know her strategy to keep growing at 10% and with sub-5% inflation to be the largest eco
MumbaiTwo years after it dropped plans to set up wind power capacities in the US and Europe, the R18,854-crore (FY 2010 revenues) Tata Power is again eyeing the US, Spain, Portugal and Germany for a wind energy foray, its first outside India.