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Emerging Biofuel Market in India28 August 2008 Tag of a developing country with a huge energy demand (it was standing at the fifth position in terms of energy consumption in the world in 2002) has forced India to depend on other countries for fuel (oil), increasing the risk exposure of the country to the volatility of crude oil prices in the international market.
Feeling the heat of shooting oil prices, India commenced its biofuel journey in 2003. Currently, ethanol dominates the Indian biofuel sector, however, biodiesel is also expected to join the commercial stream soon as the phase one of pilot projects has already been completed. So being at the initial stage, but with huge potential in terms of production, the Indian biofuel industry will prove to be a good option for biofuel producers, says "Emerging Biofuel Market in India”, a recent research report on the Indian biofuel industry. Driven to deception - insurers detect record amoun10 July 2008 Dishonest motorists who see insurance as a way to clear their debts or make money face a nasty surprise. Figures released today by the ABI (Association of British Insurers) show that last year insurers uncovered 24,000 fraudulent motor insurance claims worth £260 million, or £5 million every week. The number of dishonest motor claims detected has risen by 70% over the last three years. 50 Million Peugeot vehicles produced – 1891 to 20010 July 2008 - From humble beginnings to global expansion Under-inflated tyres add £1.3 billion to fuel bill10 July 2008 - Number of cars with under-inflated tyres doubles in past year Land Rover donates 60 vehicles to the Red Cross10 July 2008 As part of its 60th anniversary celebrations, Land Rover is donating 60 vehicles to the British Red Cross Society and its sister national societies around the world. The vehicles were officially handed over to the President of the Red Cross, HRH The Prince of Wales, during a garden party at Buckingham Palace. In an unprecedented move, the vehicles, a mixture of Defender, Discovery and Freelander models, were arranged in the form of the Red Cross flag in the quadrangle of the palace. |
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