The Bangladesh interim government has announced a reduction in the prices of diesel, petrol, and octane, with the price of diesel being lowered by Tk 1.25 per liter. However, the power, energy, and mineral resources adviser, Fouzul Kabir Khan, has stated that this was an extremely challenging decision. He also explained the difference in price reduction between octane/petrol and diesel, citing consumption patterns as the reason. The new fuel prices will take effect from midnight on Saturday.
Union Mines Minister, Pralhad Joshi, revealed on X (formerly Twitter) that India has auctioned 354 mineral blocks in the past nine years, with the majority being auctioned in the last three years. With the release of the country's first critical mineral list, India is gearing up to launch auctions on these critical mineral blocks, highlighting the growth of their mineral auction industry. Get BusinessLine apps to stay connected and receive additional benefits.