Skip to main content

The amount of ethanol mixed in petrol is low

Ethanol blended into petrol is falling, and sugar production is down 11 per cent, the demat nominee must report by January 1. See more brief business news..

The amount of ethanol mixed in petrol is low
Business news

mixed with gasoline Ethanol levels are falling.

In the country, the amount of ethanol blended in petrol fell to 10.24 per cent in November last year. This decline has occurred in the first month of the current ethanol distribution year itself.

In the last distribution year, gasoline was blended with 12.06 percent ethanol. Oil companies thus saved Rs 24,300 crore in foreign exchange. While the government had set a target of 15 percent ethanol blending in the current petrol, it is said that this will not be possible due to the government's order not to use jaggery for ethanol production.

Fiscal deficit target minister hopes

Union Minister of State for Finance Bhagwat Karath has said that the government will achieve the fiscal deficit target of 5.90 percent for the current financial year.

Stating that the government has raised Rs 10,050 crore through disinvestment in various PSUs so far in the current financial year, the minister said disinvestment is a continuous process and depends on market conditions, domestic and global economic outlook and investor interest.

'Demat' Nominee: Must report by January

The market regulator SEBI has said that 'demat' account holders should submit the nominee details by January 1. According to the SEBI order, nominees are required to provide information, failing which they cannot transact in the shares. 
 
Also they cannot withdraw money from their demat accounts. It is to be noted that the deadline, which was to end on September 30, had already been extended by three months.

Sugar production declined by 11 percent

During the period from October 1 to December 15, the country's sugar production fell by 11 percent to 74.05 lakh tonnes. It was 82.95 lakh tonnes in the same period last year. Sugar mills in the states of Maharashtra and Karnataka started production 10 to 15 days late this year, which was the main reason for the decrease in production.
 
Production in Maharashtra was 24.45 lakh tonnes; It has also fallen to 16.95 lakh tonnes in Karnataka. In this situation, production in Uttar Pradesh has increased to 22.11 lakh tonnes this year

'Ambuja Cements' Rs.6,000 crore investment

Adani Group's 'Ambuja Cements' has announced plans to invest Rs 6,000 crore in renewable energy projects by 2026. It is reported that this investment is going to be made in the states of Gujarat and Rajasthan, in solar and wind power projects. 
 
Accordingly, 600 MW solar power project and 150 MW wind power project in the state of Gujarat; A 250 MW solar power project is also planned to be implemented in Rajasthan. Adani Group said that this investment will revolutionize the cement industry.

Joyalukas Announces 'Season of Giving'

On the occasion of Christmas and New Year, Joyaluk Gas Company has announced a special sale program called 'Season of Giving'. According to the scheme, it has announced that gold and diamond jewelery will get 25 per cent discount on handling and damage charges.

These offers will be available in all showrooms till 15th January. In addition to this festive discount, customers can also get one year free insurance, lifetime free maintenance on all jewelery and a buyback guarantee.
Tags:

Comments

Post a Comment

Like this 22k jewelers blog?

Popular posts from this blog

No tax on gold, gold prices plummet

New Delhi, Aug. 13-Gold prices fell by nearly two percent in the international market yesterday after US President Trump announced that there would be no tax on gold. Gold price gold price fall reasons The US Customs Department issued a statement last week that the tax would also apply to gold bars . Following this, prices rose sharply. The price of one ounce of gold, i.e. about 28.35 grams, reached a new high of Rs 3 lakh. White House sources said at the time that the tax would be applicable and that an official clarification would be made soon. Following this, Trump announced on his Truth Social social networking site the day before yesterday that 'there will be no tax on gold '. This announcement allayed investors' fears regarding price hike, leading to high selling of gold. Following this, the price of one ounce of gold fell below Rs 2.90 lakh. The international market situation was also reflected in India. In the last 2 days in Chennai, the price of 22-ka...
Post a Comment
Read more

At one time, the tax rate in India was 97.50

Many feel that foreign countries tax the rich very heavily and India does not. But did you know that at one time India had to pay 97.50 percent of income tax? Indira Gandhi What is the historical tax rate in India Debates such as distribution of wealth and introduction of inheritance tax have arisen and are currently being discussed in a frenzy. But, in our country, 50 years ago, maximum tax was collected up to 97.50 percent. There was such a period in India. During Indira Gandhi's tenure as Prime Minister, income tax in India was as high as 97.50 percent. However, this collection came to an end shortly after. Indira Gandhi saw taxation as an important mechanism to balance income and wealth. Based on this, in February 1970, he presented the budget in Parliament and addressed it. Social welfare was the theme of the budget. Since the green revolution was taking place, various announcements related to the agriculture sector were included in the budget. A huge sum...
Post a Comment
Read more

This gold price is not permanent.

This gold price is not permanent, but when people think of a problem in the country, they buy gold first. It is good to buy as much as needed, but buying too much is foolish. When there is a famine, the things they buy are food, clothing, and money. If we don't have money, it is difficult to sell gold for urgent needs. Gold price Gold market crash history   Will there ever be a situation where gold , which has been rising very, very rapidly in a short period of time, will become a commodity? Studies on gold say that it may come. If we look at the price of gold over the past 50 years, rather than just 10 or 20 years, it seems that what you are saying has happened. That is, in September 1980, the price of 1 ounce of gold touched $666. 19 years later, in September 1999, the same 1 ounce of gold was sold for $255. A 62 percent decline. An ounce did not touch $666 again until 2007. That is, 27 years later. Next, in 2012, 1 ounce of gold touched $1,772. But, in just three ye...
Post a Comment
Read more