Posts

ETHANOL PRODUCTION IN INDIA 50% DILUTION IN PETROL:Roadmap ready to reach 50 percent ethanol content in petrol by 2030 Updated: Aug 29th, 2023 - Achieving the target would require a domestic supply of 30 billion liters of ethanol: saving $15 billion annually in foreign exchange. MUMBAI: Despite the many challenges facing the program of blending ethanol in petrol, the country's sugar mills seem enthusiastic about the program and plan to increase the percentage of ethanol blending in petrol to 50 percent by 2030. To achieve this target, the capacity of the country's distilleries will have to be increased and for this, an expenditure of Rs 50,000 crores may be incurred, according to a recent submission made by the industry to the government. This roadmap has been prepared by the Indian Sugar Mills Association (ISMA). Government sources said that this submission was made by ISMA before the NITI Aayog. The government plans to take the percentage of ethanol in petrol to 20 percent by 2025, for which an expenditure of Rs 15,000 crore will have to be spent, said government sources. In the submission made before the government, it was requested to launch e-100 flex fuel vehicles (FFV) in the country which can run on 10-100 percent ethanol mix petrol. To achieve the target of 50 percent ethanol in petrol, 30 billion liters of ethanol will be required in the country, said government sources. Of this, 15 to 17 billion liters can be obtained from sugarcane-based molasses, while the rest will have to be obtained from grains like maize, rice and other sources. Due to fifty percent mixing, the foreign exchange of the country can save 15 billion dollars annually. This will not only reduce the import of petrol but also increase the income of farmers by approximately 1.80 lakh crores. Sources also said that once the proposed blending program is fully implemented, surplus sugar in the country can be diverted to ethanol production and India will not need to export sugar.

INDIAN BUSINESS TYCOON BILLIONAIR MR.GAUTAM ADANI 'S NEWS UPDATES:One blow after another, Gautam Adani lost wealth, rank and influence in a single day. Gautam Adani has also dropped out of the top 20 billionaires list of Bloomberg Billionaires Index. The crown as Asia's second richest was also stripped away Updated: Sep 1st, 2023 Billionaire Gautam Adani has yet again suffered several setbacks in a single day. Not only did he lose property but his rank and position also declined. This was due to another report in which he was accused of rigging and investing millions of dollars in the stock exchange by secretly buying up his own shares in the Adani Group. As soon as this report came, the shares of Adani Group companies were again hit hard. This time it was not Hindenburg but a global body called the Organized Crime and Corruption Reporting Project (OCCRP) that saw Gautam Adani's group accused of manipulating share prices. Adani's fortunes fell again, losing its crown as Asia's second-richest Gautam Adani also dropped out of the top-20 billionaires list of the Bloomberg Billionaires Index due to the fall in Adani Group's shares. Not only this, the crown as the second richest man in Asia was also taken away and now he has been replaced by Chinese billionaire Zhong Shanshan. However, Shanshan is not included in the top-20 list of the world's richest people. He has a net worth of 62.6 billion dollars. It is at 21st position. Adani slipped to 22nd position and saw its assets fall by $2.26 billion to $61.8 billion on Thursday. Adani Group's company shares have seen a huge crash It may be mentioned that on Thursday all the attention was on the shares of Adani Group. All the stocks of the group saw a big crash. Shares of Adani Enterprises, Adani Port, Adani Power, Adani Green Energy, Adani Green Solutions and Adani Wilmar tumbled over 4% in early trade on BSE

Committee formed for 'One country, one election', former President Ram Nath Kovind will lead, Congress has set its sights The central government convened a special session of Parliament from September 18 to 22 Updated: Sep 1st, 2023 When the Lok Sabha 2024 elections are going to be held next year, on the one hand, before the elections, where all the opposition forces have united and formed the INDIA alliance, the Modi government has taken a big decision as if it has prepared to take one more step to increase their trouble. The central government has once again taken a big decision and has formed a committee for one country, one election. The committee has been headed by former President Ram Nath Kovind. The central government called a special session This committee will focus on all legal aspects. Will get people's opinion. The notification about which members will be included in this committee may be announced soon. The central government has called a special session of Parliament from September 18 to 22. There is talk that the government may introduce a bill for One Nation One Election in Parliament. One Nation One Election simply means that all the elections to be held in the country should be held simultaneously. Adhir Ranjan said - Government's destiny is not clear On the other hand, along with this announcement, Adhir Ranjan Chowdhury, leader of the Congress from the opposition, raised questions against the Modi government's policy on the One Nation One Election issue and said that the government's policy in this matter is not clear. Adhir Ranjan Choudhary further said that the government should first focus on solving issues and problems like inflation, unemployment, where it is focusing on elections.

Committee formed for 'One country, one election', former President Ram Nath Kovind will lead, Congress has set its sights The central government convened a special session of Parliament from September 18 to 22 Updated: Sep 1st, 2023 When the Lok Sabha 2024 elections are going to be held next year, on the one hand, before the elections, where all the opposition forces have united and formed the INDIA alliance, the Modi government has taken a big decision as if it has prepared to take one more step to increase their trouble. The central government has once again taken a big decision and has formed a committee for one country, one election. The committee has been headed by former President Ram Nath Kovind. The central government called a special session This committee will focus on all legal aspects. Will get people's opinion. The notification about which members will be included in this committee may be announced soon. The central government has called a special session of Parliament from September 18 to 22. There is talk that the government may introduce a bill for One Nation One Election in Parliament. One Nation One Election simply means that all the elections to be held in the country should be held simultaneously. Adhir Ranjan said - Government's destiny is not clear On the other hand, along with this announcement, Adhir Ranjan Chowdhury, leader of the Congress from the opposition, raised questions against the Modi government's policy on the One Nation One Election issue and said that the government's policy in this matter is not clear. Adhir Ranjan Choudhary further said that the government should first focus on solving issues and problems like inflation, unemployment, where it is focusing on elections.

UAE ATMOSPHERE:The temperature crossed 50 degrees for the first time in July - The temperature in Al Dhafra has exceeded 50 degrees twice before in August Abu Dhabi: UAE recorded the hottest day of the year on Saturday with a temperature of 50.8 degrees. This is the highest temperature in UAE this year. This temperature was recorded in Abu Dhabi at half past three in the afternoon. This temperature was recorded in Al Dhafra province of Abu Dhabi. Earlier in July its temperature exceeded 50 degrees. At that time, the temperature was 50.1 degrees for two consecutive days in Baba Dafas area in Al Dhafra province on July 15 and 16. Earlier this month, on August 2, the temperature in Al Dhafra area reached 50.2 degrees. After that it reached 50.3 degrees on August 25. The UAE's Ministry of Climate Change and Environment said the three weeks of July also saw an increase in the average global temperature.