The debate around ethanol-blended petrol has intensified once again. Top representatives from the automotive and petroleum sectors o Saturday admitted that usage of 20% ethanol-blended fuel (E20) impacts the mileage of a vehicle “slightly” but it is outweighed by the “huge benefit” it brings “to the nation, to the society, to the farmer, to the
Electric two-wheeler (E2W) maker Ather Energy will completely eliminate the use of heavy rare earth elements in the magnets used for its motor systems, transitioning to light rare earth alternatives to mitigate global supply chain risks, co-founder and CTO Swapnil Jain told FE. Rare earth elements are critical for permanent magnets in EV motors. Heavy
Reliance Industries will give its Rs 11,500-crore fast-moving consumer goods (FMCG) consumer business a big push as it forays into new spaces which can drive growth. RIL is looking to seize what it describes as a “high-growth opportunity” in India’s Rs 2-lakh-crore consumer market, which is growing at 8% annually. Rural consumers, who number nearly
China’s reported pivot to a yuan-backed stablecoin & Japan’s green light for yen-pegged stablecoins signal the intent to reduce reliance on the dollar in digital transactions, explains Anvitii Rai. India, meanwhile, has preferred to keep away from stablecoins and watch how its CBDC pilot plays out l China & Japan’s renewed interest CHINA IS MULLING
Adani Agri Fresh Limited (AAFL) announced on Wednesday that it has increased the price of apples it is procuring from farmers of Himachal Pradesh by 12.5 per cent to Rs 90 per kg for the large-medium-small (LMS) grade of top-quality fruit this year from Rs 80 last year. Steps taken to the betterment of farmers
Bengaluru-based online gaming company Gameskraft, on Tuesday, said it will not legally challenge the recently-enacted Promotion and Regulation of Online Gaming Bill, 2025, which has banned all real-money games in the country. “As a responsible and law-abiding corporate entity, Gameskraft has no intention of pursuing any legal challenge to the legislation. We fully respect the
Protean eGov Technologies has received a massive Rs 1,160 crore order from UIDAI. In an exchange filing, the company said on Monday that it has received the order from the Unique Identification Authority of India (UIDAI) to establish and run district-level Aadhar Seva Kendra in 188 districts across India. Protean eGov Technologies said that the
In a move that will help long-term investors, who want to save on capital gains tax while trading, discount broker Zerodha has allowed its users to open a secondary demat account. The basic idea is to manage long-term investment and short-term trade by applying the first in first out (FIFO) option to each account. Solution
To make India’s tax system simple and transparent, the government has announced historic reforms in the 56th GST Council meeting. The four tax slabs applicable till now have been reduced to only two major rates – 5% and 18%, while a special 40% slab has been introduced for luxury and harmful products or ‘sin goods’.
Kaynes Semicon, the semiconductor subsidiary of Kaynes Technology, is set to deliver its first chip from its outsourced semiconductor assembly and testing (OSAT) facility in Sanand, Gujarat, by the first week of October. The milestone comes less than 11 months after receiving approvals in September last year, reflecting one of the fastest execution timelines in
The overhaul of the GST rates is seen as the start of kick-starting the next wave of reforms in the country. The government seems to be in a clear overdrive to boost consumption and the overall economy. As the economy is looking at tackling the steep 50% Trump tariff that came into effect on August
The last date for filing Income Tax Return (ITR) is 15th September 2025. If you have not calculated your tax till now, you can calculate your income tax liability. Most taxpayers find it difficult to assess their exact tax liability and deductions available to them. In such a situation, online tax calculators are the easiest
Food delivery majors Zomato and Swiggy have begun experimenting with higher platform fees in select markets, tweaking charges depending on demand patterns, according to industry sources. The flat Rs 10 levy that both have imposed since October 2024 is now being tested at Rs 12 for Zomato and Rs 12.70 for Swiggy in some locations.
