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Nitin Gadkari advocates for a GST reduction on crude ethanol. He wants the tax to decrease from 18% to 5%. This change aims to boost flex-fuel vehicle manufacturing and sales. Currently, ethanol used for blending petrol has a 5% GST. Gadkari suggests equal tax rates for both crude ethanol and blended fuel.
Indian benchmark indices, Sensex and Nifty, are likely to open sharply lower on Friday, weighed down by a combination of global and domestic factors
This launch comes after NueGo’s successful Kashmir to Kanyakumari (E-K2K) electric bus expedition, which proved that EVs can handle India’s varied terrain.
Gold prices surge 1.94% to Rs 1,00,300 per 10 grams amid Israel-Iran tensions. Silver rises 0.74% to Rs 1,06,670 per kg.
Stock market crash today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, tanked in trade on Friday on global cues. While Nifty50 crashed below 24,550, BSE Sensex tumbles over 1,100 points.
Brent crude futures rise $8.64, or 12.45%, to $78.00 a barrel by 0825 IST, the highest in the past five months.
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