The Ministry of Petroleum and Natural Gas has stated that the use of E20 petrol, which contains 20 percent ethanol and 80 percent petrol, may lead to a slight reduction in vehicle fuel efficiency of up to 5 percent. However, the ministry emphasized that the environmental, economic, and strategic advantages of ethanol-blended fuel far outweigh...
Union Minister for Road Transport and Highways Nitin Gadkari has strongly defended the government’s E20 fuel initiative amid growing criticism from sections of the automobile industry and consumers. Addressing concerns over the nationwide rollout of petrol blended with 20 percent ethanol, Gadkari asserted that there is no evidence to suggest that the fuel has caused...
In a significant boost to India’s industrial and manufacturing ambitions, Adani Enterprises Limited (AEL) has announced a massive investment of ₹1.08 lakh crore in collaboration with International Holding Company (IHC) of the United Arab Emirates to establish a world-class aluminium manufacturing project in Odisha. The landmark investment is expected to transform the eastern state into...
In a significant policy move aimed at encouraging cleaner fuel consumption and strengthening India’s energy security framework, the Central Government has announced a reduction in excise duty on petrol blended with ethanol. The decision comes at a time when global energy markets continue to face volatility due to geopolitical tensions and uncertainty surrounding crude oil...
Dubai: UAE-based companies are set to ramp up their investments in India across multiple sectors, including infrastructure, data centres, banking, startups, and logistics, Commerce and Industry Minister Piyush Goyal said on Friday. Speaking to reporters during his visit for the 13th India-UAE High-Level Joint Task Force on Investments, Goyal highlighted that both nations have “reset...