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NEW DELHI: India's two major private-sector refiners, which have long prioritised exports, are turning to local sales, grabbing share in the country's fast-growing $150 billion fuel retail market as weaker global demand squeezes profit margins offshore. Reliance Industries and Nayara Energy are stepping up sales at home as fuel demand growth slows in developed markets and China, the world's second biggest oil consumer, with the transition to electric vehicles. The lower demand offshore combine ...Read More >
NEW DELHI: India's government said on Friday that more than 420 million pilgrims have ritually bathed at the world's largest religious festival, estimates organising authorities say are calculated using artificial intelligence and surveillance cameras. It is not possible to independently verify the mind-boggling figure -- more than the population of the United States and Canada combined -- which is a staggering statistic even for the world's most populous nation of 1.4 billion people. "More th ...Read More >
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