Thursday, January 28, 2021

Soaring fuel prices to lend wheels to CNG adoption in India: CRISIL

The price of petrol has breached Rs 85 a liter in New Delhi as excise duty rose by Rs 13 to Rs 32.98 per litre in 2020. In calendar 2021, CRISIL Research expects Brent crude to rise by about 23% year-on-year to an average $50-55 per barrel from $42.3 per barrel in 2020, as economic activity recovers globally.

from Auto-Industry-Economic Times https://ift.tt/3cmOqvI
at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Proposed GST hike may not shake up used car market much

The proposed GST increase on used small cars will have minimal impact on demand, say analysts. The rise in GST will slightly affect car deal...