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50.0
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50 = ์ค๋ฆฝ
100 = ๊ธ์ ์ฐ์ธ
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New Delhi: State-run oil companies will sell E85 fuel โ a blend of 85% ethanol and 15% petrol โ at a discount of Rs 20 per litre to offset the biofuelโs lower energy content, Oil Minister Hardeep Singh Puri said on Friday after inaugurating an E85 dispensing facility at a Delhi petrol pump.The government plans to roll out E85 fuel in phases, with 500 fuel stations targeted by the end of this year and 5,000 by the end of 2027 across India, Puri said.Indian Oil already has a network of 400 fuel stations that can dispense E100 fuel, or pure ethanol with no mix of petrol, across Delhi, Uttar Pradesh, Maharashtra, Karnataka, and Tamil Nadu.Also Read: India to launch E85 fuel today in push for flex fuel mobilityEthanolโs energy content is about one-third lower than that of petrol. To compensate for this, E85 users will receive a Rs 20 per litre discount compared with E20, the regular fuel blend sold across the country that contains 20% ethanol and 80% petrol.The E20 blend will continue to be available at all fuel stations, as most vehicles currently on Indian roads can use blends of up to 20% ethanol.In recent days, Maruti Suzuki and Hero MotoCorp have each launched one vehicle model capable of running on E85 fuel.The simultaneous rollout of compatible vehicles and fuel dispensing infrastructure will help accelerate E85 adoption, Puri said, adding that there was a โpretty compelling caseโ for shifting to E85 because it would be cheaper, lower emissions and reduce dependence on fuel imports.
Kerala today operates in a less flexible fiscal space with the discontinuation of the Goods and Services Tax compensation, the limits placed on borrowings and the elimination of revenue deficit grants under the 16th Finance Commission regime, according to the document
India is set to significantly expand its ethanol dispensing stations, with 500 planned by December and 5,000 by 2027, to boost flex-fuel vehicle adoption. This initiative, marked by the launch of Maruti Suzuki's WagonR flex-fuel car, aims to reduce fuel imports. The government is implementing supportive measures including pricing incentives and infrastructure development.
IndiGo has announced the temporary suspension of flights to six international destinations as it adjusts its network amid softer travel demand and rising operational costs.The airline said the move is part of a broader network optimisation strategy aimed at matching capacity with current market conditions while maintaining operational efficiency.Which International Routes Has IndiGo Suspended?According to the airline, services to the following destinations will be temporarily suspended:Hong KongShanghaiHo Chi Minh CityLangkawiKrabiSiem ReapFlights to Hong Kong, Shanghai, Ho Chi Minh City, Langkawi and Krabi will be suspended from July 1, while services to Siem Reap will be paused from July 3.Read more: HSBC says Asia's largest slum could soon have metro stations, green spaces & 125,000 new homesThe suspension is expected to remain in place until September 30.Why Has IndiGo Suspended These Flights?IndiGo said the decision was driven by a combination of softer seasonal demand and a challenging operating environment.The airline noted that the upcoming quarter typically witnesses lower travel demand, especially on certain international routes.At the same time, airlines continue to face increased operational expenses, making it necessary to review network deployment.In a statement, IndiGo said: "These measured changes are designed to align capacity with current market conditions and demand trends, while ensuring the airline maintains reliability and network integrity across its global destinations."Will IndiGo Restart These Routes?Yes. The airline has confirmed that bookings for all affected routes will reopen from October 1, subject to an improvement in market conditions.IndiGo also stated that it remains prepared to restore services earlier if demand improves and operational conditions become more favourable.Airspace Restrictions Continue To Affect AirlinesApart from rising costs, airlines are also dealing with continuing airspace restrictions that have impacted flight operations and route planning.Several carriers globally have been forced to adjust schedules, reroute aircraft and review international networks due to changing geopolitical and operational challenges.IndiGo said it will continue monitoring the situation closely before making further decisions regarding these routes.IndiGo Retains More Than 1,800 Weekly International FlightsDespite the temporary suspension of six destinations, IndiGo said its international network remains largely intact.The airline continues to operate more than 1,800 international flights every week across its global network.This allows the carrier to maintain strong international connectivity while adjusting capacity where demand is currently weaker.What Does This Mean For Travellers?Passengers planning trips to the affected destinations between July and September may need to consider alternative airlines or adjust their travel plans.However, travellers heading to other international destinations served by IndiGo are unlikely to see any major disruption, as the airline has retained the majority of its overseas operations.The move highlights how airlines are increasingly balancing demand, operating costs and network efficiency as global travel patterns continue to evolve.IndiGo Focuses On Network OptimisationThe temporary suspension reflects a broader trend in the aviation industry, where airlines are becoming more flexible in managing capacity.Rather than operating flights with lower demand, carriers are increasingly redeploying aircraft to stronger-performing routes and adjusting schedules based on market conditions.For IndiGo, the strategy is aimed at protecting profitability while ensuring reliable operations across its growing domestic and international network.Inputs from PTI
Maruti Suzuki's MD highlights flex-fuel vehicles as key to India's goals of cutting oil imports and emissions. These vehicles run on petrol and ethanol blends, supporting farmers and the rural economy. A robust ecosystem, including fuel availability and wider model launches, is crucial for mass adoption, with government backing for biofuel transition and infrastructure expansion.
India is accelerating its ethanol drive, planning to establish 5,000 ethanol fuel stations by the end of 2027 to reduce fossil fuel imports. This initiative, alongside the launch of flex-fuel cars, aims to cut the country's $120 billion import bill and boost farmer income. Regulatory changes are also proposed to support higher ethanol blends and other alternative fuels.
The Minister pointed out that if half the new (two-wheeler and four-wheeler) vehicles are flex fuel-compliant, then India can unlock 311.8 crore litres of additional ethanol demand and โน12,403 crore additional income for farmers
Shares of Hero MotoCorp gained 3% to their dayโs high of Rs 4,980 on the BSE on Thursday after the company unveiled its first flex-fuel motorcycles, marking its entry into a segment aimed at supporting India's transition towards cleaner and more sustainable mobility solutions.The country's largest two-wheeler manufacturer launched flex-fuel versions of its flagship Splendor+ and HF Deluxe motorcycles, making them India's first flex-fuel motorcycles in the 100cc category. The motorcycles are compatible with ethanol-blended fuels ranging from E20 to E85 and are designed for everyday commuting without compromising on performance or affordability.Hero MotoCorp said the new range is aimed at reducing the carbon footprint of daily transportation while aligning with India's goal of lowering economic carbon intensity by 45% by 2030.The motorcycles were unveiled in New Delhi ahead of World Environment Day in the presence of Union Minister for Road Transport and Highways Nitin Gadkari, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri and Hero MotoCorp Chief Executive Officer Harshavardhan Chitale.Speaking at the event, Gadkari said the introduction of flex-fuel motorcycles in the mass-market segment would support ethanol adoption, help reduce crude oil imports, strengthen farmers' incomes and contribute to the government's vision of Atmanirbhar Bharat and Viksit Bharat.Puri said the launch represents another milestone in India's efforts to build a mobility ecosystem powered by cleaner and domestically produced fuels. He added that wider adoption of such vehicles could improve energy security, lower carbon emissions and reduce dependence on imported crude oil while strengthening the country's biofuels ecosystem.Chitale said the flex-fuel-ready Splendor+ and HF Deluxe were developed at the company's Centre for Innovation & Technology in Jaipur and reflect Hero MotoCorp's focus on future-ready and locally relevant technologies. He added that the motorcycles have minimal-to-no import content and reinforce India's manufacturing capabilities.Hero MotoCorp said the flex-fuel portfolio will be introduced in Delhi and select regions of Maharashtra in July 2026, followed by a nationwide rollout. The HF Deluxe Flex Fuel has been priced at Rs 72,792 (ex-showroom Delhi), while the Splendor+ Flex Fuel will be available at Rs 82,710 (ex-showroom Delhi).(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
The shares of Vodafone Idea sharply surged nearly 7% to a new 52-week high of Rs 15.09 apiece on the NSE on Wednesday, even as the Sensex and Nifty crashed, as multiple tailwinds boosted investor sentiment for the telecom major.The stock has rallied 46% in one month and a whopping 121% in one year. The company currently has a market capitalisation of more than Rs 1.62 lakh crore.ICRA upgrades Vodafone Ideaโs rating, revises outlookRatings agency ICRA upgraded Vodafone Ideaโs rating to A- from its earlier BBB rating and revised its outlook on the companyโs long-term fund-based loans worth Rs 727 crore to โStableโ from โPositiveโ. ICRA said that the rating upgrade was driven by a change in rating approach for Vodafone Idea to factor in support from promoter Aditya Birla Group, which was further strengthened with the reโappointment of Kumar Mangalam Birla as the Chairman of the board and with the proposed equity infusion of approximately Rs 4,730 crore through a preferential allotment of warrants to a promoter group entity in May 2026. โThese developments reflect strong confidence in Viโs potential and long-term growth trajectory. The Aditya Birla Group has expressed its continued support to Vodafone Idea to ensure timely debt servicing and to ensure continuity of operations and improvement in its market position. The Aditya Birla Group has been consistent in providing operational and financial support to Vi and will continue to do so going forward. Further, the Groupโs brand equity and market position provided Vi with assistance in Government engagement and higher financial flexibility,โ it added.ICRA also highlighted the revision of Vodafone Ideaโs adjusted gross revenue (AGR) dues. In May, the Department of Telecommunications (DoT) cut Vodafone Idea's AGR dues by 27% to Rs 64,046 crore as of December 31. This revision significantly alleviates the companyโs liability burden and enhances cash flow visibility, the ratings agency said, adding that these will provide a push to the telcoโs capex plans.Citi removes โHigh Riskโ rating on Vodafone Idea sharesCiti removed its 'High Risk' rating on the stock and raised its target price to Rs 17, implying an upside potential of more than 20% from the previous closing price. In its latest note, Citi Research changed its rating on Vodafone Idea shares to โBuyโ from โBuy-High Riskโ, citing several tailwinds, including the governmentโs recent reassessment of AGR dues, rating upgrades, equity infusion by the Aditya Birla Group, and other factors into consideration.The brokerage, however, flagged key risks to its bullish view, including delays in bank funding, intensifying competition that could limit future tariff hikes, continued subscriber churn, and slower-than-expected growth in 4G and 5G users.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
More than two lakh applicants opted to pay USD 100,000 for their H-1B visas to work in the US in the fiscal year 2026, Markwayne Mullin, Secretary, Department of Homeland Security (DHS), said here.Testifying before the Senate Appropriations Subcommittee on Tuesday, Mullin said the DHS had received about 2.86 lakh H-1B applications in the fiscal year 2026."We had 286,000 applicants a year to date for the H-1B visas, out of those, over 200,000 of them paid USD 100,000 to be able to come in because it allows us to process them in a little bit faster of a manner," Mullin said in response to a question by US Senator Susan Collins on the shortage of doctors in rural parts of the country.Mullin said applicants paying USD 100,000 get their papers processed in about 15 days and it takes about 7.5 months to process other applications.Collins told the subcommittee that a hospital in Presque Isle, a rural community in northern Maine, recently had to pay the fee to secure a much-needed surgeon from overseas.She said that medical service providers serving remote areas should be treated differently from employers recruiting highly skilled workers in sectors with larger domestic labour pools."Would you be willing to consider carving out an exemption for medical professionals from this fee when a community can demonstrate that there is not a medical professional available?" Collins asked.Mullin assured the Senator that he would look at possible solutions on whether such applications could be dealt with some flexibility on a case-by-case basis."I would suggest that there's a huge difference between bringing in a computer expert from another country to work in wealthy California and Silicon Valley versus a much-needed surgeon to work at a rural hospital in northern Maine," she said.Republican Senator from Alaska Lisa Murkowski flagged concerns about the shortage of teachers in school districts in rural areas of her state."I'll follow up with you about the issue that I raised previously with regards to H-1B visas for teachers," Murkowski told Mullin.
During a shocking 10-minute call, the company said it had a โflexibleโ policy that did not allow any sick or personal leave
Itโs easy to understand why so many graduates are booing commencement speakers who tell them how great AI is. They face a brutal job market, with unemployment for recent college graduates nearing recession levels, and AI is often cited as the reason they canโt find jobs or have to drastically reassess their career plans.I have a message for the class of 2026: AI is not ruining your job prospects, at least not yet. A better explanation for the tough job market may be the prevalence of WFH, not the rise of AI.131463654Two new studies, one from the Federal Reserve Bank of New York and one from the London School of Economics, look at the recent rise in unemployment among young workers. The authors of the LSE study looked at 243 million new hires and 407 million online job postings from 2017 to 2025 in the US, UK, Australia and Canada. They observed a notable decline since 2022 in the hiring of new graduates. AI was presumed to be the reason, since the falloff tends to be in the sort of industries that are adopting AI.But these are also the same kinds of jobs โ reliant on computers, knowledge-intensive, white-collar โ that are most amenable to working from home. When they controlled for WFH, the authors found that the impact of AI on hiring was negligible.The study postulates that where WFH is more common, managing junior staff is more expensive. At the same time, young staffers who receive less training may be less productive than they would be otherwise, even as they mature and demand more pay. So the cost of WFH to young graduates is not just a harder job market โ it also makes it harder for young employees to get good training, supervision and mentorship, a point also made by the New York Fed study.WFH has always had a superficial appeal. At first, it seems easier and often cheaper for both employers and employees; companies can pay less if they offer more flexibility, and many staffers have commitments that keep them at home. In the long term, however, both management and workers pay a price in terms of lost training and career development of younger employees.This could get even worse as AI is more widely adopted. New hires recently out of college who work on their own may figure out how to do specific tasks (perhaps with AI assistance), but they wonโt learn much about how to manage office politics, charm clients or build networks. All these skills will be even more valuable in an AI job market, and none can be gained without coming into the office and observing senior colleagues.The new research doesnโt argue that AI will have no impact on hiring in the future, or that it is currently affecting hiring decisions. Itโs also worth noting that many firms are still hiring โ just not as much as before. There are a lot of factors that go into the health of the labor market, and if the economy worsens, the combination of AI and WFH could make it even harder for young graduates.What does seem clear is that AI is becoming a convenient villain for a lot of complaints people have about the economy. Tech executives arenโt helping by regularly declaring that AI can replace a lot of jobs. More likely, they are using AI as an excuse when they are letting people go for financial reasons. In the case of WFH, it may be easier to blame AI than to ask reluctant staff to come into the office.Iโve seen this reluctance firsthand: A few years ago I met middle-aged media executive who told me how much she loved working from home (or, often in her case, from a resort in Mexico). When I asked her about junior staffers missing out on mentoring and on-the-job training, she admitted she never would have succeeded if senior people werenโt in the office when she was coming up. But she didnโt seem too bothered by it, either.Iโve never been asked to give a commencement speech, but if for some reason I were, this would be my advice: Find a company where everyone likes going to work. Then try to get a job there โ and if you do, go into the office every day.
Gujarat Titans bowler Kagiso Rabada lauded Rajasthan Royals' Vaibhav Sooryavanshi. The 15-year-old's IPL 2026 season was marked by fearless batting and sharp reflexes. Sooryavanshi scored 776 runs, leading the tournament charts. Rabada emphasized the youngster's maturity and attacking approach, stating age is irrelevant to his performance. Gujarat Titans secured a spot in the IPL 2026 final.
The Telangana Open School Society (TOSS) has officially announced the SSC (Class 10) and Intermediate (Class 12) Public examination results for 2026 on its website, telanganaopenschool.org. Students who appeared for these flexible learning examinations can now access and download their marks memos by entering their hall ticket details. Candidates can check the direct link to download hall tickets here.
Mahindra Manulife Mutual Fund announced the launch of โMPOWER SIFโ marking its entry into SEBIโs newly notified investment product called Specialized Investment Fund and reinforcing its commitment to bringing differentiated investment solutions to investors.With MPOWER SIF, Mahindra Manulife Mutual Fund aims to address the evolving needs of investors, who are looking to complement their existing mutual funds with products that use derivatives and other tools to create different risk return outcomes.Also Read | Smallcap valuations turn favourable as correction creates fresh opportunities: Bajaj Finserv AMC The fund house aims to provide a client experience that seeks to meet the investors aspiration, whilst remaining true to the core premise of creating investment outcomes that are consistent and meaningful.โThe launch of MPOWER SIF is a significant step forward in expanding our product suite. As investors and their goals and aspirations evolve over time, there is a clear requirement for investment solutions that offer greater flexibility and use the entire range of tools available to deliver consistent outcomes. This approach is complemented by an investment team with extensive experience anchored by a sound risk management framework,โ said Anthony Heredia, MD & CEO, Mahindra Manulife Investment Management.Mahindra Manulife Mutual Fund intends to roll out a range of differentiated strategies under MPOWER SIF across equity, hybrid, and fixed income categories, aligned with regulatory guidelines and investor suitability.โMPOWER SIF gives us the flexibility to design more agile and outcome-oriented portfolios by leveraging a wider investment toolkit. This platform will enable us to combine fundamental research with tactical allocation strategies, with the objective of delivering superior risk-adjusted returns across market cycles. We believe it is well suited for investors seeking a more nuanced approach to portfolio construction,โ said Krishna Sanghavi, Chief Investment Officer - Equity, Mahindra Manulife Investment Management.Also Read | Should senior citizens continue investing in equity mutual funds after retirement? Expert explainsThe SIF category offers strategies that go beyond conventional Mutual Funds, including long-short approaches, derivatives-based strategies, and more focused portfolio construction, catering to investors seeking a different approach to meeting their investment goals.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@timesinternet.in alongwith your age, risk profile, and Twitter handle.