More investment requires fuel price adjustment: Montek

 Planning Commission Deputy Chairman Montek Singh Ahluwalia on Sunday said fuel price adjustment has to be made “at some point of time” to get investments back.

“At some point some fuel price adjustment has to be made. We need to get investment back,” Ahluwalia told

New technology a must for producing clean fuel

It is not uncommon for Indian companies to encounter situations that require ingenious engineering combined with a uniquely Indian approach to problem solving. Automobile companies around the world have developed some exquisitely advanced diesel engine technologies, but Indian companies had to go one step ahead.

More than a decade ago, as Indian car manufacturersbegan improving their diesel engines, some of their customers tried to reverse their efforts by tampering with the controls to improve the torque. The adoption of common rail technology put an end to this tampering. It was the beginning of modern diesel engine technology. 

Now, when the World Health Organisation (WHO) last week classified diesel exhaust as a carcinogen, Indian automobile industry faces an even tougher challenge to upgrade their technology. India uses the Bharat IV norms, which is similar to the Euro IV regulations, but other developed countries have gone ahead significantly.

Euro V norms for diesel engines, now in force in Europe, uses high- quality diesel combined with advanced pollution control devices in vehicles to reduce the exhaust to a near-clean level. The Indian automobile companies, on the other hand, are struggling with taxation and unsustainable cost increases. "A long-term policy on automotive fuel is a burning requirement for the country's health and well being," said VG Ramakrishnan, senior director, automotive practice, Frost & Sullivan. 

Diesel has come a long way from the early years to the technology

Food, fuel prices likely to drive inflation to 7.5 percent: Poll

India’s inflation may have accelerated at its fastest pace this year in May, driven by higher food and fuel prices, impeding chances of a rate cut by the RBI at its review next week, a  poll showed.

The wholesale price index, India’s main inflation gauge, is expected to rise 7.60 percent in