E20 costlier to produce than pure petrol: Government

Petroleum ministry clarifies ethanol programme amid debate NEW DELHI: Petroleum and natural gas ministry on Friday said that E20 petrol is currently costlier to produce than pure petrol at prevailing global crude oil prices, but maintained that the ethanol blending programme has helped protect Indian consumers from volatile international oil prices while improving the country’s…

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Southwest Monsoon India: Weak rains could dent farm incomes, consumption and inflation outlook: S&P

S&P Global Ratings said inadequate rainfall could reduce crop yields and directly affect farmers’ earnings (File photo) A weaker-than-normal southwest monsoon could pose risks to India’s rural economy by reducing farm incomes, increasing food inflation and slowing consumption demand in the coming months, according to a report by S&P Global Ratings.The rating agency said agriculture…

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Seller body drags Flipkart to CCI for unfair practices

MUMBAI: The Forum for Internet Retailers, Sellers & Traders (FIRST) has dragged Walmart-owned Flipkart Group to the Competition Commission of India (CCI), seeking a fresh investigation into the conduct of the company over practices designed to distort competition, benefit few preferred sellers and exclude scores of small retailers from the marketplace system.In its 157-page complaint…

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India emerges as global hub for Philips’ AI healthcare solutions

AMSTERDAM: India has emerged as the global development hub for more than 85% of Philips’ artificial intelligence (AI) solutions for healthcare, underscoring the country’s growing role in shaping next-generation medical technologies even as the company bets on AI-enabled diagnostics to help address India’s shortage of advanced imaging services and trained specialists.The company said its Bengaluru…

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Bloomberg introduces global trade in Indian bonds

Bloomberg has introduced a new electronic trading system that allows global investors to buy and sell Indian govt bonds more easily, marking an important step in opening up India’s bond market to the world. The company said it has completed its first fully-electronic trade in Indian govt bonds using this system. The new workflow enables…

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Oil Prices: Oil stocks today: Crude slips but heads for weekly gains as US-Iran conflict keeps supply fears alive

Oil markets remained focused on developments in the Middle East after Iran launched attacks on US military infrastructure in Gulf states Oil prices edged lower in early trade on Friday but remained on course for strong weekly gains as renewed military exchanges between the United States and Iran kept concerns over global crude supplies elevated.Brent…

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Gold, Silver Rate Today Live Updates: Yellow metal steadies but remains on track for weekly loss; silver tumbles

Welcome to our Gold Rate Today live blog, where we bring you the latest updates on gold and silver prices from India and global markets throughout the day. Gold is trading cautiously after renewed military exchanges between the United States and Iran reignited inflation concerns and increased expectations that the US Federal Reserve could keep…

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