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Petrol

Petrol is one of India’s most widely used transport fuels, powering millions of cars, two-wheelers and commercial vehicles every day. Its price is closely watched because even small changes can affect household budgets, commuting costs and inflation. Petrol prices in India are influenced by several factors, including global crude oil rates, rupee-dollar exchange movements, central excise duty, state VAT, dealer commissions and oil marketing company margins. Prices are revised by state-run fuel retailers such as Indian Oil Corporation, Bharat Petroleum Corporation Limited and Hindustan Petroleum Corporation Limited. Since fuel taxation differs across states, petrol rates vary between cities. Petrol price movements often become a major political and economic issue, especially during periods of high crude oil prices or elections. Consumers track petrol prices for their direct impact on monthly expenses, while policymakers watch them for their influence on inflation, demand and public sentiment. India’s petrol market is also gradually evolving with cleaner fuel standards and electric mobility growth.

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STORIES

Keralam tests petrol at fuel stations after Karnataka's E20 shocker

Days after the Congress government of Karnataka alleged that petrol sold at fuel stations contained up to 31.2% ethanol against the E20 benchmark, the party-led government in Kerala has begun testing petrol at pumps across four districts. The Keralam government said that the inspections follow complaints of vehicle damage, even as oil marketing companies and the Centre have rejected Karnataka's findings.

Karnataka finds up to 31.2% ethanol in E20 petrol, seeks consumer compensation

Karnataka has alleged that petrol samples from multiple oil companies contained up to 31.2% ethanol, exceeding the E20 benchmark. After testing 63 samples across the state, the government sought a Centre-backed compensation fund for motorists, citing potential losses from reduced mileage and higher vehicle maintenance costs.

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VIDEOS

Karnataka Ethanol Blend Row, Bengaluru Mass Murder, And Tamil Nadu Politics

This edition of 'So South' focuses on major political, civic, and crime developments across southern India. In Karnataka, the state government revealed that tests on fuel samples from oil marketing companies showed ethanol blending exceeding 20 percent, touching up to 31.2 percent in certain cases, raising concerns over vehicle mileage drop and substantial revenue losses. Meanwhile, a gruesome crime in Bengaluru was reported where a cab driver allegedly bludgeoned seven members of his wife's family to death over domestic discord. In Tamil Nadu, the opposition DMK targeted the ruling administration over governance issues, law and order, and the chief minister's attendance at a high-profile wedding following the tragic deaths of fishermen caught in Cyclone Murasu. The bulletin also covers allegations of assembly horse trading involving monetary inducements, DVAC raids regarding illegal sand mining, land discrepancy notices in Telangana involving former chief minister KCR's family, and protests by primary school teachers in Kerala.

Markets Open Higher Above 23,500; Adani Plans Expansion; Gold, Silver Slide

Indian equity markets opened higher with the Nifty crossing the 23,550 mark, supported by gains in IT, banking, and FMCG stocks. The Indian rupee opened stronger at 94.66 per dollar, gaining 24 paise. Meanwhile, gold and silver prices slid ahead of Dhanteras and Diwali, with MCX silver falling below 1.8 lakh rupees. Crude oil dropped overnight, easing pressure on the domestic economy amid ongoing geopolitical tensions and the US midterm elections. Adani Group announced plans to borrow 1.5 billion dollars via AdaniConnex as part of a 100 billion dollar investment in data centers by 2035. Corporate earnings remained in focus, with ITC posting a drop in profitability amid lower cigarette EBITDA, while Marico reported a 29 percent rise in net profit. Additionally, restaurants in Bengaluru, Mumbai, and Pune prepare for menu price hikes of 10 to 15 percent due to rising milk and commercial LPG costs. Sun Pharma recorded 11 percent revenue growth in the first half of the fiscal year.

Delhi Air Quality Enters Severe Category as Winter Pollution Action Plan Comes Into Effect

Delhi is experiencing severe air pollution ahead of Diwali, with areas like Wazirpur recording an Air Quality Index of 424, Jahangirpuri at 417, and Vivek Vihar at 415. The national capital has initiated its winter pollution action plan, scheduled to remain in force until 28 February. Emergency measures include strict entry curbs on outside vehicles, a mandatory 'no PUC, no fuel' rule across petrol pumps, AI-enabled camera surveillance at construction sites to tackle dust, and an advisory for 50 percent work-from-home arrangements to curb vehicular congestion amidst festive traffic.