Business new tamfitronics
TNN / Updated: Aug 2, 2024, 06:27 IST
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Monsoon
showers failed to cool
India’s
appetite for
petrol
and
diesel
but subdued power consumption in July, govt data showed on Thursday.
Diesel
sales
growth turned positive, registering a growth of 3.4% from the year-ago period, reversing the trend for last several months, while petrol demand saw a spike of 9.5% annually. Power consumption rose by a meagre 3.5% to 145.4 BUs (billion units) during the month from 140.4 BUs a year ago as widespread rains brought down temperatures.
This is in contrast to 8-9% growth seen in last few months.
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