SUGARCANE ETHANOL PRODUCTION INDIA
BMW looking to double MINI sales in 2026, widening product portfolio, automaker's India chief says
MINI plans to double its sales in India this year. This ambitious goal will be achieved through a wider range of vehicles, local production, and expanding its retail network. The company is introducing new models and special editions. MINI is also increasing its presence in new cities beyond the metros.
India seeks to cool war’s oil burn with flex-fuel shift
India is gearing up to fast-track the integration of flex-fuel vehicles into its automotive landscape. These innovative cars are capable of using higher blends of ethanol, paving the way for decreased dependence on imported oil. As the global oil markets grapple with instability stemming from geopolitical conflicts, this initiative is timely.
ONGC rig pricing veto may tighten fuel tap
India's offshore drilling sector is facing a significant challenge. Oil and Natural Gas Corporation (ONGC) has cancelled multiple tenders for jack-up rigs. This has led rig operators to consider withdrawing their assets from India. Such actions could disrupt domestic oil production. The situation raises concerns about the future of offshore exploration in the country.
Andhra’s new gold mine could change India’s import story
India is set to launch its first large-scale private gold mine, the Jonnagiri project in Andhra Pradesh, aiming to boost domestic production and reduce reliance on imports. Developed by Geomysore, the mine, with significant investment and potential resources, is expected to produce up to 1,000 kg of gold annually, marking a crucial step in India's mining ambitions.
Below-normal monsoon and West Asia conflict cloud India's agriculture outlook: BoB
India's agriculture faces a challenging year. A below-normal monsoon forecast and the West Asian conflict threaten crop production and rural economic growth. The India Meteorological Department predicts rainfall at 92 percent of the Long Period Average, the lowest initial forecast in 25 years. Disruptions in gas supply also affect fertilizer and pesticide availability.
ET Most Innovative AI Product Awards 2026: what it is, why it matters and who it is for
As India’s AI ecosystem moves from experimentation to execution, the need to recognise real, measurable innovation has become critical. The ET Most Innovative AI Product Awards 2026 is designed to evaluate AI products based on architecture, deployment, and business impact across startups, SMEs, and enterprises. Here is a clear breakdown of what the programme stands for and why it matters now.
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India's economy slipping to 6th rank, IMF data shows, prospects bright
India has slipped to the sixth largest economy in 2025 in nominal terms, according to the International Monetary Fund, but it remains the fastest-growing major economy. The IMF projects India’s growth at 6.5% in 2026, far ahead of the United Kingdom.

US manufacturing output dips in March
In March, American factories faced a surprising downturn after two months of robust growth, primarily fueled by declines in motor vehicle manufacturing and other sectors. The mining and utilities industries also reported setbacks, leading to a general drop in industrial output and a softening in capacity utilization, suggesting a cooling in manufacturing momentum.

US-based fintech Candescent bets on India for product development
Candescent, a US-based fintech, is doubling down on the India market and expanding to three cities: Hyderabad, Mumbai, and Bengaluru. The company’s India headcount stands at 1,000, which is half its overall workforce. Two-thirds of its engineering resources and 80% of its designers are also in India.

Sugar crushing season hits final phase, production reaches 274.8 lakh tons
Uttar Pradesh has produced 89.26 lakh tons so far, against last year production of 91.10 lakh tons.

Indian officials see Iran war oil shock as disruptive as Covid
India is drawing on its Covid-era playbook to cushion the economic blow from the Iran war, with officials warning the disruption to energy supplies could rival the pandemic, threatening growth, widening the fiscal deficit, and pushing the rupee to record lows.

These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analysts
What is evident in the last few trading sessions is how the street is treating Q4 earnings numbers. If a company delivers in terms of numbers, the street has money flowing into that stock. So, clearly, from a blanket bearish phase we have moved into stock-selective mode. ET Screener, powered by Refinitiv’s Stock Report Plus, lists quality stocks with high upside potential over the next 12 months, and having an average recommendation rating of “Buy” or "Strong Buy". This predefined screener is only available to ET Prime users.

Amul hits ₹1 lakh crore in sales; MD says India could be dairy to the world within a decade
Amul's remarkable growth signals a bright future for India's dairy sector. Recent GST cuts are a game-changer, benefiting farmers and consumers. Value addition and product diversification present significant opportunities. The cooperative model ensures farmers receive a larger share of revenue, positioning India as a global dairy leader. The sector is set for substantial expansion.

Tata invests ₹1,500 crore more to charge up iPhone biz
Tata Group has infused ₹1,500 crore into Tata Electronics to scale up its iPhone manufacturing business, alongside plans for further investments. The group has also increased capital in its Pegatron India unit. Analysts say the move reflects long-term capacity expansion, as Tata strengthens its role in Apple supply chains and pushes into semiconductors.

Gadkari sees farmers as future energy providers to reduce import dependence
Gadkari flagged the need for stronger post-harvest infrastructure, warning that surplus production without adequate cold storage, processing plants and value-addition facilities would depress farm prices.

TVS' ethanol-powered models ready, rollouts to be in phases, says Sudarshan Venu, CMD of TVS Motor Company
India's E20 ethanol blending milestone has yielded significant foreign exchange savings and rural economic strengthening. TVS Motor's CMD, Sudarshan Venu, highlights the need for ecosystem alignment for E25 and beyond, emphasizing ethanol's complementary role with EVs for a multi-technology transition.

India's global Ammonia tender likely ahead to secure fertilizer production
India plans a global tender for ammonia, a key fertilizer ingredient. This move aims to secure vital raw material for urea and other fertilizers. The country needs to import a significant portion of its annual ammonia requirements. This comes as global supply chains face disruptions. The tender will bolster fertilizer reserves ahead of the crucial June planting season.

No serious LPG supply shortage reported by auto component makers so far, says govt
Addressing an inter-ministerial briefing here on the recent developments in West Asia, Additional Secretary in the Ministry of Heavy Industries, Hanif Qureshi, said that regarding supply chain issues, the ministry is in constant touch with the automobile industry and is making appropriate efforts to address them.

ET AI Most Innovative AI Product Awards 2026: Startups, SMEs, Enterprises: Where does your product fit?
As the ET AI Most Innovative AI Product Awards 2026 approaches this June, companies across India are preparing to showcase their AI products. With three distinct tracks, startups, SMEs, and enterprises, the framework ensures that every product is evaluated in the right context, making it easier to identify where you belong and how you stand out.

PLI 2.0 calls ring louder: India eyes 35% global mobile output; $130 billion production
India's electronics sector is set to significantly boost global mobile phone production. A new production-linked incentive scheme aims to achieve 30-35% of worldwide output by 2031. This ambitious plan targets substantial manufacturing and export growth. The initiative seeks to strengthen India's supply chain and manufacturing ecosystem.

Delhi EV registrations rise 29%, petrol vehicles retain dominance
Delhi's electric vehicle registrations surged by 29 percent in 2025-26. Petrol vehicle registrations also increased, showing a mixed market. Experts anticipate further EV growth due to new policies and incentives. The government is promoting electric mobility with scrappage benefits and tax exemptions. Overall vehicle demand in Delhi saw robust growth.

Exporters' body FIEO sees 2-3 pc fall in goods exports during 2025-26
Indian merchandise exports are projected to decline by 2-3% in 2025-26. Global economic uncertainties, amplified by the West Asia crisis, are the primary drivers. This situation has already impacted shipments, increasing freight and raw material costs. While goods exports face a downturn, services exports are anticipated to grow. Exporters hope for stabilization following a ceasefire announcement.

Stoves to cars: India expands ethanol use amid West Asia war
India has a massive surplus of ethanol, pushing policymakers and industry to find new uses. Ethanol-powered cooking stoves are being tested. Blending with diesel for generators is also under consideration. Flex-fuel vehicles are ready, but higher taxes and fuel availability hinder adoption. Incentives are needed to boost demand and resolve this supply-demand imbalance.

Sugar exports may be capped, surplus diverted to ethanol
India plans to convert unsold sugar exports into ethanol. This move aims to boost ethanol production for blending with petrol. The government is also exploring higher blending levels. This strategy supports India's goal to reduce crude oil imports and save foreign exchange.

Tech advances yet to fix uneven mill performance, data gaps in sugar sector: Food Secretary
Despite technological advancements, sugar mills face challenges like recovery rate variability and energy inefficiencies. Industry leaders emphasise cost competitiveness and bio-energy diversification for future growth.

Government rules out sugar export curbs and maintains duties on edible oils
India will not reduce sugar exports. Production is lower than anticipated, but domestic consumption has also decreased. This situation offsets the reduced output. The government has no plans to cut import duties on edible oils. Sugar exports are expected to continue. Domestic consumption is projected to decline further.

World food price rise set to continue if Israel-Iran war lasts, FAO says
Global food prices surged in March to a multi-month high. The United Nations warns of further increases if the Middle East conflict persists. Higher energy costs are impacting fertilizer prices, potentially leading farmers to reduce planting. This could affect future crop yields and food commodity prices throughout this year and next.

E20 petrol now the main fuel in India from April 1. What this big shift means, and can your car handle ethanol-blended fuel?
India has mandated E20 petrol, a blend of 20% ethanol and 80% petrol, across the nation from April 1, 2025. This initiative aims to reduce crude oil imports, boost energy security, and support agriculture. While newer vehicles are largely compatible, older models may see minor efficiency drops.

What's stabilising Brazil's gasoline prices? Ethanol
Tens of millions of drivers here can choose between filling their tank with 100 per cent sugarcane-based ethanol or a gasoline blend that contains 30 per cent of biofuel.
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