E30 FUEL
Growing demand, demographics, digital agenda & energy security are long-term and secular tailwinds for India: Macquarie’s Ed Northam
Head of green Investments for the Australia’s largest asset manager said the firm is looking to reboot its India operations. While renewables will remain the biggest focus, industrial energy transition and E-mobility will be other key areas, he said. Since 2005, Green Investments group has deployed over $21 billion across 94 investments worldwide.
Karnataka ethanol row: DK Shivakumar alleges excessive blending, promises evidence and documents on Monday
Karnataka Chief Minister DK Shivakumar has backed allegations of excessive ethanol blending in petrol sold in the state, claiming levels exceed the approved E20 limit. He said samples had been collected from 67 locations and an investigation was underway, with a minister set to present evidence and documents on Monday.
E20 petrol supplied by PSU oil firms meets prescribed quality standards: Oil Min
The government's statement confirmed compliance of 893 petrol samples with prescribed ethanol content standards. Karnataka's Department of Food contested these findings, claiming higher ethanol levels in some petrol samples. Oil marketing companies asserted their sampling procedures were not followed during inspections in Karnataka. They requested access to sampling documentation and proposed joint testing of the ethanol content.
Rahul Gandhi questions Centre over excess ethanol in E20 petrol, seeks action against oil companies
Rahul Gandhi has raised concerns regarding high ethanol levels in petrol sold in Karnataka. He claims that numerous petrol samples exceeded the prescribed limit of 20%. Oil marketing companies have disputed these allegations, asserting their fuel meets regulatory standards. Karnataka authorities are seeking accountability and transparency regarding fuel quality. An investigation into the matter has been called for to protect consumer interests.
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 28% in 1 year, according to analysts
Despite the upbeat mood in the market, remember one thing: Valuations are still not cheap. Even after everything the market has been through, prices are not at a level you could call a bargain. So this is not a signal to rush in. It is a signal to stop treating every development as a threat, and to start weighing the good against the bad with a clear head, rather than a frightened one.
IOCL, BPCL, HPCL dispute Karnataka's claim of excess ethanol in petrol, seek fresh tests
Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation have disputed Karnataka's ethanol content claims in petrol. They reported testing showing their supplies adhere to prescribed ethanol standards. The companies also raised concerns about the sampling and testing methods used by the state government. They noted discrepancies in density readings related to the alleged high ethanol content.
Karnataka finds ethanol content above E20 limit in petrol samples, seeks action against OMCs
The Karnataka government has accused oil marketing companies of exceeding the mandated ethanol content in petrol. Tests conducted on petrol samples showed levels surpassed the legal 20% threshold significantly. The government plans to submit its findings to the Centre and seek appropriate actions against the companies involved. It has also demanded a compensation fund and clearer disclosures at fuel stations.
E30 petrol being sold as E20? Karnataka minister claims oil companies are supplying petrol exceeding the 20% ethanol limit
Karnataka Minister Rizwan Arshad has flagged alleged over-blending of ethanol in petrol after tests found concentrations of up to 31.2% in samples from major oil companies. The state has warned of possible damage to vehicle fuel systems, questioned laboratory disclosures and demanded action, consumer compensation and mandatory display of ethanol percentages at petrol pumps.
Adani Ports agrees to buy Dutch storage and terminal co Evos for $2.9 bn
All cash offer for Europe’s 2nd largest player is the company’s foray into Europe. The Iran war and supply disruptions across the hydrocarbons and chemicals value chain has forced countries and companies to seriously evaluate energy storage and logistics
Indian car buyers trade up selectively as CNG, EVs gain ground over fuel; SUV growth reshapes price ladder
Indian passenger vehicle sales have shown a pronounced shift towards higher price bands and alternative fuel options. The ₹12 lakh-20 lakh segment grew significantly, while lower segments experienced a slight decline. Petrol vehicle registrations decreased, with CNG and electric vehicles gaining market share. Compact SUVs have become increasingly popular, reflecting changes in consumer preferences and technology advancements.
For investors with a 3- to 5-year horizon: 5 mid-cap stocks from different sectors with upside potential of more than 19%
A development worth noting is that there was net FII buying in five of the last six trading sessions. But it is still tentative, and cannot be declared as a reversal of the selling trend of the past few months. While indications are that they are favouring large-cap stocks, there are bargains to be had in the mid-cap space for the discerning investor.
Gold and cash worth over Rs 8 lakh stolen from locked First AC coupe on Deoria-bound train; family alleges no police help, Gonda cops demonstrate how cabin door opens from outside
A couple travelling with their one-year-old child has alleged that gold jewellery worth Rs 7-8 lakh and cash were stolen from their locked First AC coupe at Lucknow's Charbagh station. They claimed that repeated calls to railway helplines and three alarm chain pulls brought no immediate police response. A Zero FIR has been filed in Deoria.
Reliance Industries eyes growth boost from O2C, retail and Jio businesses
Reliance Industries has reported a significant growth in revenue and profits for the September quarter. The oil-to-chemicals segment has led this growth while retail segment profitability faced pressures from digital commerce investments. Jio Platforms also reported double digit revenue and profit growth, aided by increased average revenue per user and subscriber additions. Rising inflation and a shift in festive demand to the December quarter may impact future retail earnings.
Fuel, forex and farmers: Why India is betting big on maize
A grain that once fed chickens now fuels cars and, soon, planes. The harder question is whether Indian farms can keep up with the demand it has created.
Iran targeted US air defences then hit aircraft and buildings on Mideast bases: AP analysis
An Associated Press analysis of satellite imagery and regional officials' accounts found that Iranian strikes damaged or destroyed structures at 26 US military bases and other sites across the Middle East through August. Iran initially targeted early-warning radars and aircraft infrastructure before hitting warehouses, troop accommodation and other facilities, causing billions of dollars in equipment damage.
IndiGo shares rise 2% after Q2 losses narrow. What are Jefferies and other brokerages saying?
IndiGo shares gained 2% after the airline reported a narrower year-on-year Q2 loss of Rs 1,879 crore, although profitability remained under pressure from elevated fuel costs and rupee depreciation. Jefferies retained its Buy rating but cut its target price to Rs 5,650, while Nuvama maintained its Buy call with a revised target of Rs 5,435.
India's 100% ethanol-run vehicle push faces Supreme Court question to govt over fuel supply
The Supreme Court questioned the Centre over ethanol supply for 100% ethanol-run vehicles after India amended motor vehicle rules to permit E100 flex-fuel vehicles. The government acknowledged that large-scale manufacturing changes would be necessary. The court also highlighted farmers' interests while examining ethanol allocation disputes, as the Centre ruled out increasing petrol ethanol blending beyond the current 20% level.
Nitin Gadkari says no challan for speeding up to 20% over the limit: What he told officials, when challans should be issued & what motorists must know
Nitin Gadkari has said motorists should not receive speeding challans for exceeding the applicable speed limit by up to 20%, while those crossing the threshold should be penalised. He also warned contractors over poor-quality highways, defended E20 petrol blending and called for domestic manufacturing of tunnel-boring machines as India plans major investments in tunnel infrastructure.
SBI credit card rule changes from December 1, 2026: 1% fee on high-value transportation and fuel transactions; what changes for you
From December 1, 2026, SBI Card users will incur extra charges on specific transportation and fuel transactions. This fee structure will impact regular SBI credit card users significantly.
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