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

What are the retirement expectations of Indian youth?

A majority of the Indian youth want to retire early and are expecting a large pension, a study has revealed.    Retirement plan Retirement preferences of Indian youth In a survey conducted by Grant Thornton Bharat among various stakeholders across India to find out about retirement planning, more than 55 percent of the participants said that they expect a pension of more than Rs 1 lakh per month during retirement. However, it has also been revealed that the savings they have made are not enough to compensate for this. This study reveals that there is a huge gap between pension preferences and retirement planning.  Most of the participants in the study said that they want to retire before the age of 45 to 55. However, they rely on traditional means such as provident fund, national pension scheme, and gratuity for retirement planning. More than 76 percent of the participants in the study said that they have not invested in annuity plans. The study emphasizes ...
Post a Comment
Read more

What is the new rule of bank locker agreement

The bank locker facility helps in keeping gold jewelry, money, important documents, etc. safe. Those who use the locker service must sign a renewed agreement.    Bank locker How to avoid the risk of bank locker service being suspended? Those who have not yet signed the renewed agreement should do so immediately, banks are reminding them. If the renewed agreement is not signed, there is a risk of the locker service being suspended. Let's see the important aspects related to locker agreement renewal.   Locker Agreement: The Reserve Bank of India ordered in 2021 that a new rental agreement should be obtained from the beneficiaries using locker services. The Reserve Bank took this step considering customer complaints, technical aspects, and Supreme Court guidelines. Extension of deadline: The objective of the locker renewal agreement is to improve transparency and security regarding the operation of the locker service. The deadline for this was extended twic...
Post a Comment
Read more

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