Expenditure weight on Fuel consumers Global energy prices have continued to rise, putting downward pressure on consumer spending. Oil prices have risen yet again as major producers’ supply restraint during an energy crisis has dealt a blow to major economies. Diesel prices in India rose for the seventh day in a row today. Today, theContinue reading “Coal India scales up; ICRA slashes growth forecast for auto components and more”
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The Coal Crisis Worsens Due to Increased Power Demand and Record Global Rates
Business Prices for power-generation fuels are rising globally as industrial growth boosts electricity demand, causing coal and liquefied natural gas supplies to tighten.
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