E20 petrol row: Bring back lower blend of ethanol fuel at pumps, says Chief Economic Adviser Nageswaran

E20, which contains 20% ethanol, was introduced nationwide last year. Chief Economic Adviser V Anantha Nageswaran has called for the government to consider reintroducing petrol with a lower percentage of ethanol, amid concerns on the impact of E20 petrol on vehicles.E20, which contains 20% ethanol, was introduced nationwide last year. Since April 1, it has…

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JP Morgan targets bigger M&A role

MUMBAI: JP Morgan is seeing a bigger role for itself in M&A financing after RBI allowed domestic lenders to fund M&A. The relaxation has come at a time when corporates are returning to banks from capital markets in India, in keeping with a global trend.“It provides another corporate-friendly avenue for growth. At JP Morgan, our…

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