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India is launching E85 petrol, an 85% ethanol blend, at discounted prices. This move aims to boost clean fuel adoption and cut reliance on imported fossil fuels. The government plans a phased rollout of E85 dispensing stations nationwide. Vehicle manufacturers are introducing E85 compatible models. This initiative is expected to benefit farmers and save foreign exchange.
Tech stocks, particularly semiconductors, experienced a significant downturn Friday, driven by investor caution over AI valuations and robust US jobs data. The PHLX Semiconductor Index saw its steepest drop since March 2020, erasing billions in market value. This retreat follows a period of record highs, with strong employment figures fueling concerns about interest rate cuts.
PM Modi chairs EAC meeting, discusses measures to boost India’s economic growth amid global turmoilIndia's stock market mania hits milestone: NSE logs 26 crore trading accounts and countingE85 fuel to get Rs 20/litre cheaper as India ramps up ethanol pushPocket-friendly packets: Why Indians are swapping big snack packs for smaller ones1st tranche of US trade deal by mid-July: Piyush Goyal
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