Festive demand propels power, fuel demand in October

India's fuel sales rebounded in October, with diesel consumption increasing by 5% compared to the previous year, the highest growth since May. Power demand also surged by a record 22% as economic activities resumed after the monsoon season and Durga Puja festivities took place. Petrol consumption continued to rise, albeit at a more modest 3% year-on-year. Jet fuel sales grew by 7% as more people traveled by air. However, both diesel and petrol consumption were still below pre-pandemic levels.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.