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GST ON CRUDE ETHANOL
India’s ethanol strategy: Automakers treading cautiously, consumers remain unconvinced and experts are waryWith the rollout of E85 fuel and policy changes to support mass flex-fuel deployment, the government is attempting something few large econ...- NBFCs, autos, and multi-decadal themes gain traction as India eyes post–West Asia stability boost: Nitin RahejaMarket participants are recalibrating India portfolios towards financials, autos, and long-term structural themes like defence and digital ...
- Govt considering policy to support affordable adoption of E85 fuel: Hardeep Singh PuriThe Indian government is actively considering a policy to accelerate the affordable adoption of E85 fuel, a blend of 85% ethanol with petro...
- Rs 10.9 lakh crore burden: Iran shock can take a load off India's backRising oil prices triggered by the Iran conflict are pushing India to accelerate its shift away from fossil fuels, with the government fast...
- Ready to flex ethanol muscle, E100 gets road map to cut oil importsIndia is set to boost E100 flex fuel availability with 5,000 dispensing stations planned within two years. This initiative aims to signific...
- India markets outlook: Varun Goel sees opportunity in 4 sectors amid geopolitical tensionsIndian equity markets are in a rangebound phase, presenting opportunities for investors. Strong macroeconomic fundamentals support a positi...
- Iran war impact: Essential drugs may cost up to 5% more, for nowThe immediate net consumer impact could be 3-5% higher prices, or roughly similar to what consumers paid before the late-September cuts in ...
- India weighs faster rollout of flexible-fuel vehicles as ecosystem gaps, mileage concerns persistIndia is on a mission to promote flexible-fuel vehicles as a means to enhance energy independence and minimize pollution. With the technolo...
- Gadkari seeks 5% GST on crude ethanol to push flex-fuel cars, warns against petrol parityNitin Gadkari advocates for a GST rate cut on crude ethanol. He wants the rate to be reduced from 18% to 5%. This move aims to boost flex-f...
- 3 sugar stocks with up to 25% upside potentialRobust opportunities from EBP program, firm domestic and international prices and favourable government policies to support performance.
- India needs to promote flex-fuel vehicles to tide over fluctuations in crude oil prices: Nitin GadkariFlex-fuel compatible cars can run on more than one type of fuels and also on a mixture. Typically, a blend of petrol and ethanol or methano...
- India to allow ethanol-based 'flex engines' in vehicles, launch scheme in 3 months: Nitin GadkariA switch to locally-produced ethanol will be helpful for a country like India which relies majorly on crude oil imports for powering the tr...
- Closed sugar mills may be revived soon as govt mulls ethanol productionUnion Minister Nitin Gadkari said ethanol production through sugar could boost the economy of sugarcane-producing states like Uttar Pradesh...
- Govt hikes ethanol price to cut oil import bill by USD 1 billionThe decision was taken by the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi.
- Integrated sugar mills to benefit from 5% rise in ethanol procurement price for 2017-18: ICRAAccording to ICRA estimates, with the new ethanol prices, the total contribution margin is likely to increase by around ~Rs. 200/MT of suga...
- 5% hike in ethanol price to raise margins by 0.5%: ICRAThe price of ethanol for procurement by the OMCs for blending with petrol has increased to Rs 40.85 per litre.
- India set to unveil new biofuel policy in bid to cut oil, gas, coal imports: MinisterNew Delhi also plans to lower its carbon footprint by raising the use of natural gas in its energy mix to 15 percent in the next three to f...
- Will ensure that GST rates on bio diesel are reduced, says Dharmendra PradhanUnder the GST rates announced recently, bio diesel, ethanol and other mixing products would be charged 18 per cent. For the last 10 years, ...
- Will urge FM to bring down GST rates for hybrid vehicles: Transport Minister Nitin GadkariUnder the GST rates announced last week, hybrid cars, which are considered eco-friendly, are slated to attract a 15 per cent cess over a ra...
- Industrial alcohol, ethanol to attract 18% GST: Hasmukh AdhiaAdhia further said that the issue of transition stock provision is still under consideration and the GST Council will finalise the provisio...
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