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In response to higher-than-expected tax revenue and a record surplus transfer from the Reserve Bank of India (RBI), the Indian government is considering an 8-10% increase in <keyword id="20018917" type="General" weightage="20" keywordseo="capital-expenditure" source="keywords">capital expenditure</keyword> (capex) for the fiscal year 2025, according to Pantomath Group's quarterly report, "Market Kaleidoscope: Quarterly Market Insights." This adjustment could raise the capex from the previously allocated Rs 11.11 lakh crore, aiming to bolster infrastructure and economic growth. This fiscal boost comes as India reaches a historic financial milestone. The total market capitalization of all stocks listed on the Bombay Stock Exchange (<keyword id="19895774" type="General" weightage="20" keywordseo="BSE" source="keywords">BSE</keyword>) briefly surpassed $5 trillion for the first time, placing India among global giants such as the US, China, Japan, and Hong Kong. India's primary market is set for a dynamic period, with 55 companies planning to raise over Rs 68,000 crore through Initial Public Offerings (IPOs). The first half of FY2025 has already seen 35 mainboard IPOs, collectively raising around Rs 32,000 crore with an average subscription rate of 61 times. The Indian market maintained a positive outlook in the first quarter of FY2025, driven by strong Q4FY24 earnings, favorable economic data, and positive global cues. Despite early June volatility following the 2024 <keyword id="19895394" type="General" weightage="20" keywordseo="lok-sabha" source="keywords">Lok Sabha</keyword> election results, market sentiment improved with the BJP securing 272 seats and a total of 292 seats for the NDA with allied support. This political stability under Prime Minister Narendra Modi's leadership is expected to promote long-term economic growth, with a focus on infrastructure, electric mobility, startup support, power distribution, digital privacy, and healthcare initiatives. Corporate India's performance in the March quarter of FY2024 met expectations, showing double-digit growth in net profit and single-digit revenue increases. Non-lending companies experienced moderate operating margin expansion due to favorable commodity prices and cost controls. The peaking interest rates and continuity of <keyword id="19978691" type="General" weightage="20" keywordseo="government-policies" source="keywords">government policies</keyword> are anticipated to support healthy corporate growth in FY2025. <h2>Growth to continue</h2>The government's push for increased <keyword id="20068449" type="General" weightage="20" keywordseo="ethanol-production" source="keywords">ethanol production</keyword> targets a 20% blending by 2026, benefiting ethanol-heavy sugar companies and promoting biofuel goals. The real estate market is projected to grow significantly, requiring Rs 14 lakh crore in debt financing from 2024 to 2026. This growth will positively impact the banking and financial sectors. Major telecom operators have raised tariffs post-election, potentially improving sector financials and paving the way for sector re-rating. Major cement players are expanding through acquisitions, with an expected 6-7% compounded growth and market dominance by the top five players by March 2025. FMCG Companies expect recovery in rural business due to factors like a normal monsoon, robust crop yields, and government measures, maintaining robust rural demand. The potential roll-out of the FAME 3 Scheme to support <keyword id="19963112" type="General" weightage="20" keywordseo="electric-vehicle-sales" source="keywords">electric vehicle sales</keyword> is anticipated, with a budgetary allocation of around Rs 10,000 crore. Sectors such as auto, cement, defence, railways, consumer durables, energy, and banking are expected to outperform. Lagging sectors like IT and specialty chemicals offer value-buying opportunities at lower levels. The structural bull market for Indian equity is supported by strong domestic fundamentals and government reforms, with a positive medium- to long-term market outlook. Globally, the US market showed resilience, except for the Dow Jones. The Federal Reserve maintained interest rates at 5.25-5.50%, awaiting inflation to move towards the 2% target before considering rate cuts. The US GDP grew at 1.4% annually in Q1 2024, with mixed economic indicators highlighting both strengths and challenges. The Indian <keyword id="19926041" type="General" weightage="20" keywordseo="IPO-market" source="keywords">IPO market</keyword> has seen significant growth, with a surge in companies seeking to list shares and a rise in capital raised. The first half of 2025 saw strong retail investor participation, reflecting confidence in India's growth prospects. Mahavir Lunawat, Managing Director, Pantomath Capital Advisors Private Limited, said, "Favourable market conditions, high liquidity, a conducive growth environment with stable interest rates, and benign inflation have facilitated a boom in the IPO market. The IPO market will experience a stronger pull post-budget. India is set to become the new equity funding frontier for global corporations." He further added. "We are on the brink of sustained, long-term momentum in the IPO market, with this year potentially becoming the best for IPOs. India's solid macroeconomic environment and promising growth prospects create an ideal backdrop for this vibrant IPO market. Additionally, there is robust participation from both domestic institutional investors and retail investors." With the Indian government's potential capex increase and the robust primary market activity, the <keyword id="19948184" type="General" weightage="100" keywordseo="Indian-economy" source="keywords">Indian economy</keyword> is poised for sustained growth. The upcoming period is expected to see heightened market activity, further IPOs, and economic stability, creating a conducive environment for investment and development.

India may boost FY25 capex by 8-10% amid surging revenues and record RBI surplus, says Market Kaleidoscope report

The government has increased ethanol blending in petrol from 1.53 per cent in 2013-14 to 10.17 per cent in 2022 and advanced its target to achieve 20 per cent ethanol blending in petrol from 2030 to 2025-26, Petroleum Minister Hardeep Puri said on Tuesday. He said that <keyword id="3658" type="General" weightage="80" keywordseo="india" source="Orion">India</keyword> has been able to navigate through the most formidable energy crisis the world has seen since the 1973 oil crisis thanks to its energy security strategy focussing on diversification of energy supplies, increasing India's exploration and production footprint, and meeting energy transition through the gas-based economy, <keyword id="8411893" type="General" weightage="80" keywordseo="green-hydrogen" source="Orion">Green Hydrogen</keyword> and electric vehicles. Puri said that India has increased the number of its crude oil suppliers from 27 countries in 2006-07 to 39 in 2021-22, adding new suppliers like Columbia, <keyword id="6358826" type="General" weightage="50" keywordseo="russia" source="Orion">Russia</keyword>, <keyword id="6354786" type="General" weightage="20" keywordseo="libya" source="Orion">Libya</keyword>, Gabon, and Equatorial Guinea among others. "At the same time, we have strengthened our relationship with countries like US and Russia," he added. The minister further said that diesel prices, in India between December 2021 and December 2022 rose by only 3 per cent, going up by 34 per cent in the US, 36 per cent in Canada, 25 per cent in <keyword id="6363645" type="General" weightage="20" keywordseo="spain" source="Orion">Spain</keyword>, and 10 per cent in the UK. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/auto/news/british-company-develops-the-first-ever-tractor-that-runs-completely-on-cow-dung/articleshow/96882132.cms">British company develops the first-ever tractor that runs completely on cow dung</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/amazon-great-republic-day-sale-to-begin-on-january-16-for-prime-members/articleshow/96885798.cms">Amazon Great Republic Day Sale to begin on January 16 for Prime members – sale dates, card offers and more</a>

Ethanol blending hiked from 1.5% to 10% since 2013-14: Govt

<ul class="summary-list"><li>Biden will allow sales of E15 ethanol-blended <keyword id="11955852" type="UNKNOWN" weightage="60" keywordseo="gas" source="Orion">gas</keyword> this summer, the <keyword id="11896084" type="UNKNOWN" weightage="60" keywordseo="white-house" source="Orion">White House</keyword> said Tuesday.</li><li>It said the move is aimed at counter soaring fuel prices which followed <keyword id="11894337" type="UNKNOWN" weightage="60" keywordseo="russia" source="Orion">Russia</keyword>'s invasion of <keyword id="11985141" type="UNKNOWN" weightage="60" keywordseo="ukraine" source="Orion">Ukraine</keyword>.</li></ul>President <keyword id="99719" type="UNKNOWN" weightage="60" keywordseo="joe-biden" source="Orion">Joe Biden</keyword> will allow E15 ethanol-blended gas to be sold throughout the US this summer, the White House <a href="https://www.whitehouse.gov/briefing-room/statements-releases/2022/04/12/fact-sheet-using-homegrown-biofuels-to-address-putins-price-hike-at-the-pump-and-lower-costs-for-american-families/">said</a> Tuesday, as part of measures to tackle <a href="https://www.businessinsider.com/uber-driver-working-less-due-to-rising-gas-prices-2022-3?r=US&amp;IR=T">soaring fuel prices</a> in the wake of Russia's invasion of Ukraine. E15 <keyword id="12360876" type="UNKNOWN" weightage="60" keywordseo="gasoline" source="Orion">gasoline</keyword>, which is gasoline blended with 15% <keyword id="12510895" type="UNKNOWN" weightage="60" keywordseo="ethanol" source="Orion">ethanol</keyword>, is banned in most of the US during the summer because of air pollution concerns. But the White House said that the Environmental Protection Agency (EPA) is planning to issue a national emergency waiver which would allow E15 to be sold between June 1 and September 15.The White House said that E15 is on average $0.10 per gallon cheaper than other gas. Using more E15 would bring down prices and reduce dependency on foreign fuels, it said in a <a href="https://www.whitehouse.gov/briefing-room/statements-releases/2022/04/12/fact-sheet-using-homegrown-biofuels-to-address-putins-price-hike-at-the-pump-and-lower-costs-for-american-families/">press release</a>.<a href="https://www.businessinsider.com/biden-us-ban-russian-oil-natural-gas-coal-imports-report-2022-3?r=US&amp;IR=T">The US banned imports of oil and natural gas from Russia</a> on March 8, causing global oil and petroleum product prices to rocket.As of Tuesday, gasoline cost on average $4.098 per gallon in the US, according to the <a href="https://gasprices.aaa.com/">AAA</a>. Prices have retreated from a peak of $4.331 reached on March 11, but still remain considerably higher than this time last year."An emergency waiver can help increase fuel supplies, give consumers more choice to get lower prices, and provide savings to many families," the White House said, adding that the EPA would work with states to ensure there are no significant air quality impacts.But Lenny Rodriguez, an oil analyst at S&amp;P Global, <a href="https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/agriculture/041222-biden-to-announce-us-epa-emergency-waiver-allowing-summer-e15-fuel-sales">said</a> that the slightly lower <keyword id="11917806" type="UNKNOWN" weightage="60" keywordseo="energy" source="Orion">energy</keyword> content of E15 means that "motorists will see lower mileage per gallon than usual and might end up needing to fill up their tanks more frequently."The White House said that E15 is currently offered at 2,300 gas stations in the country, though S&amp;P Global noted that these are mostly located in the Midwest. E10 gasoline, which has a lower concentration of ethanol, is more widely available, and throughout the year, according to S&amp;P Global."We obviously expect an uptick in E15 sales this summer due to greater overall gasoline consumption, greater availability of E15, and E15 selling at a discount to E10 at the pump," Corey Lavinsky, global manager of biofuels analytics at S&amp;P Global Commodity Insights, said.But he noted that the additional ethanol volumes sold during the summer if the waiver is implemented "should be relatively small, roughly 25 million gallons."

Biden to allow E15 ethanol-blended gas to be sold throughout the US this summer to counter soaring fuel prices

<ul class="summary-list"><li>Trump slammed Ron DeSantis for previously moving to kill a federal mandate prized by ethanol producers.</li><li>Ethanol is a major industry in the politically important state. </li></ul>Former President Donald Trump on Friday slammed Florida Gov. Ron DeSantis over a past move to end a prized ethanol mandate, foreshadowing a likely primary clash to come in Iowa, the state that will kick off the entire process."Why on earth (farmer's love earth!) would the wonderful people of the GREAT State of Iowa vote for Ron DeSanctimonious when he voted and fought to KILL Ethanol (and will definitely do so if given the chance) ..." Trump wrote in part in an early morning post on his social media platform, Truth.DeSantis, Trump concluded, would "beg for mercy" in Iowa. The former president also touted his own policies, including his overhaul of the North American Free Trade Agreement known as the USMCA. Trump's screed came just before DeSantis made his post-midterm Iowa debut during a Friday afternoon event in Davenport, Iowa, an appearance to ostensibly promote his new bestselling book. In reality, the event and DeSantis' entire book tour provide him an ample opportunity to test out a campaign message before his widely expected announcement later this year. Gov. Kim Reynolds, who is not expected to endorse before the Iowa caucuses, introduced DeSantis. The former president was taking aim at a policy that then-Congressman DeSantis supported. <a href="https://www.businessinsider.com/ron-desantis-2024-past-views-iowa-caucus-ethanol-rfs-2023-2">As Insider previously reported</a>, DeSantis, who was a founding member of the House Freedom Caucus, supported legislation in 2017 that would have immediately ended the Renewable Fuel Standard or RFS. The standard requires specific percentages of renewable fuel to be blended into the nation's fuel supply.The ethanol industry closely protects the mandate since it effectively subsidizes the industry. Iowa is by far the largest producer of corn-based ethanol, which means that crossing the industry comes with immense political peril since the state is also home to the first-in-the-nation Republican caucuses.DeSantis did not discuss ethanol policy <a href="https://www.youtube.com/watch?v=hXLpT9y9MeE">during his Iowa event, </a>rather he received immense applause for recounting his actions during the pandemic. The governor also recounted his tussle with Disney over a parental rights in education law related to when it's appropriate to teach students about gender identity or sexual orientation.

Trump says DeSantis will 'beg for mercy' in Iowa after he once voted to kill a prized ethanol mandate

<ul><li>Sugar producing company stocks have rallied up to 25% in the last one month on excitement of double incentive by the government for producing ethanol.</li><li>The government is taking several steps to boost <keyword id="1992365" type="General" weightage="20" keywordseo="ethanol-production" source="Orion">ethanol production</keyword>, which can be used as an alternative to fuel in car engines and thereby reduce air pollution.</li><li>The government has already addressed auto makers to start manufacturing <keyword id="10975219" type="General" weightage="20" keywordseo="flex-fuel-vehicles" source="Orion">flex fuel vehicles</keyword>, automobiles which can run on ethanol.</li></ul>Most sugar manufacturing companies have witnessed the best year as their share price doubled or even tripled in 2021 led by improving outlook and government measures to support such companies. In the last one year, the government has come out with a slew of measures to encourage sugar mills to produce ethanol. Ethanol is an alcohol-based fuel produced by fermenting the sugarcane juice. Ethanol has been a game changer for the sugar industry In October, 2021, the government announced an incentive to encourage sugar companies to divert excess sugar cane stock in producing ethanol, which can be blended with petrol and used as fuel in vehicles. Besides, this is also a good solution to address the problem of excess sugar production in the country. Stock prices of many sugar companies doubled in 2021. <table style="border-width: initial; border-style: none;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Sugar producing companies </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">% returns in last one month </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">% returns in 2021 </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Bannari Amman Sugars </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">25% </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">82% </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Shree Renuka Sugars </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">22% </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">153% </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Uttam Sugar Mills </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">21% </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">82% </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Bajaj Hindustan Sugar </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">17% </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">139% </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Balrampur Chini Mills </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">16% </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">109% </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Avadh Sugar &amp; Energy </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">15% </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">113% </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Dhampur Sugar Mills </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">10% </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">81% </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Dwarikesh Sugar Industries </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">9% </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">130% </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Triveni Engineering and Industries </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">8% </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">212% </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Dalmia Bharat Sugar &amp; Industries </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">5% </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">167% </td></tr></tbody><tbody></tbody></table>Government’s measures to boost ethanol production In an effort to reduce import of petroleum products, the government has been encouraging farmers to produce ethanol that can be blended with petrol and used as a fuel in vehicles. Also, the centre has advised auto makers to manufacture flex fuel vehicles that are capable of running on both ethanol-based fuel and petrol. Maruti Suzuki, Toyota, Honda, BMW and Mercedes have been told to make vehicles that can run on ethanol based fuel, said Union Minister for Road Transport and Highways Nitin Gadkari in an Agro-Vision event in Nagpur this week while encouraging farmers to grow more sugarcane plants. <div type="javascript" title="Custom" contenttype="Image"><cdata><![CDATA[ ]]></cdata></div>The move is in line with the government’s target to reduce the carbon emissions by one billion tonnes by 2030. Analysts say sugar industry has a long way to go Sugar industry in India is expected to grow by 6-7% in the years 2021-2022 due to growth in exports of sugar and ethanol, said Manoj Dalmia, founder and director, Proficient equities. “Exports taking place from India will rise as Brazil is facing weather changes impacting crops. India is to register exports of around 4-6 million tonnes for (sugar 2022). Government plans 20% ethanol blending by 2025 in petrol, currently it is 10%. This measure will reduce the debt burden on farmers as a result sugar stocks are to grow,” said Dalmia. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/cryptocurrency/news/six-reasons-why-indias-central-bank-believes-cryptocurrencies-threaten-financial-stability/articleshow/88588170.cms">Six reasons why India’s central bank believes cryptocurrencies threaten financial stability</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/finance/banks/news/rbl-banks-stock-slumped-nearly-10-even-as-rbi-approves-interim-head-for-the-bank/articleshow/88584214.cms">RBL Bank slides back to its lowest in a year despite a new chief and RBI's assurances</a>

Sugar companies witness a sweet rally on ethanol excitement that may continue in 2022 as well

<ul><li><keyword id="3658" type="LOCATION" weightage="20" keywordseo="India">India</keyword> mainly relies on oil imports, which make up about 80% of its current oil consumption</li><li>Rising oil prices also have a bearing on the Indian Rupee which reached a record low earlier this week</li><li>India has a stated ambition of reducing its dependence on oil </li></ul> Prices of <keyword id="6367091" type="UNKNOWN" weightage="20" keywordseo="petrol">petrol</keyword> and <keyword id="6356109" type="UNKNOWN" weightage="20" keywordseo="diesel">diesel</keyword> have risen sharply in the last couple of weeks with the both fuels touching record highs. On Tuesday, prices of petrol had risen for tenth day <a href="https://economictimes.indiatimes.com/industry/energy/oil-gas/petrol-diesel-prices-rise-for-the-10th-consecutive-day/articleshow/65665863.cms">straight </a>and as of Tuesday morning petrol <a href="https://www.livemint.com/Money/PwI1JhZlCdGYPaxnE7CkhI/Petrol-diesel-prices-rise-for-the-10th-day-Check-todays-r.html">cost</a> ₹79.31 ($1.11) per litre in <keyword id="66" type="LOCATION" weightage="20" keywordseo="Delhi">Delhi</keyword> and ₹86.72 per litre in Mumbai. The price of diesel stood at ₹71.34 per litre in Delhi and ₹75.74 per litre in Mumbai. The news comes even as the Indian government announcing impressive <a href="https://www.businessinsider.in/India-overtakes-China-to-become-the-worlds-fastest-growing-economy-in-Q1-2018/articleshow/65653486.cms">GDP growth</a> numbers for the first quarter of 2018, growing at 8.2%. Rising crude prices and falling rupee India mainly relies on oil imports, which make up about 80% of its current oil consumption. Global crude oil prices have been on the uptick in recent weeks because of a supply <a href="https://economictimes.indiatimes.com/industry/energy/oil-gas/oil-prices-poised-for-further-hike-international-energy-agency/articleshow/65614389.cms">shortage </a>in Venezuela and rising demand elsewhere. Crude oil prices <a href="https://economictimes.indiatimes.com/industry/energy/oil-gas/fuel-prices-set-new-record-on-fall-in-rupee-surge-in-global-crude-oil/articleshow/65650709.cms?utm_source=contentofinterest&amp;utm_medium=text&amp;utm_campaign=cppst">rose </a>by $7 a barrel in just the last couple of weeks. Crude oil prices had been relatively<a href="https://www.reuters.com/article/global-oil/oil-prices-stable-on-healthy-demand-but-oversupply-looms-later-in-2018-idUSL8N1QX015"> stable</a> earlier this year. Meanwhile, the rupee has been in free fall in part because of the global oil prices and recent economic crisis in Turkey. On Wednesday, rupee posted a record low of ₹71 against the dollar. The value of Indian rupee has <a href="https://www.bbc.com/news/business-45369884">slipped </a>by 10% since the beginning of the year because of fears of India’s increasing trade deficit and rising global oil prices. A weak rupee also makes it more expensive to import goods and commodities priced in US dollars. Last year, India shifted to the practice of revising fuel prices on a daily basis from an earlier practice of reviewing twice a month. The former was enacted by <keyword id="6354412" type="DOMAIN" weightage="20" keywordseo="indian-oil">Indian oil</keyword> marketing companies to bring it in line with the daily fluctuations in crude oil and what other developing countries follow. What about alternative fuels? India has a stated ambition of reducing its dependence on oil with the government aiming to have 30% of cars <a href="https://www.bloombergquint.com/business/2018/03/08/india-says-never-targeted-100-electric-mobility-by-2030-scales-down-aim#gs.LqrO=_I">running</a> on electricity by 2030. Biofuels derived from vegetable sources is another potential alternative however the supply currently lags because of limited availability of raw materials. The Indian government has also been pushing for the adoption of <keyword id="53632" type="PERSON" weightage="20" keywordseo="biofuel">biofuel</keyword>s for many years and in 2003 set the target of blending petrol and diesel with 10% of ethanol sourced from <keyword id="31653" type="DOMAIN" weightage="20" keywordseo="sugar">sugar</keyword> molasses. Biofuel could potentially be manufactured from waste foodgrains and even <a href="https://economictimes.indiatimes.com/news/et-explains/rotten-potatoes-thats-the-governments-answer-to-your-rising-fuel-bill/articleshow/65656298.cms">rotten potatoes.</a> However, challenges still remain for these fuels for the foreseeable future.

Why are petrol and diesel prices spiking if the economy is in recovery?

<keyword id="2258380" type="UNKNOWN" weightage="80" keywordseo="Gulf-Petrochem">Gulf Petrochem</keyword> is going to set up an <keyword id="6533570" type="COMPANY" weightage="80" keywordseo="Ethanol">ethanol</keyword> manufacturing plant in India at the cost of Rs 1,000-crore, said a senior company executive. 

	It has been a decade since the government decided to blend 5% ethanol with fossil fuel to cut vehicular emissions, a measure that was later made mandatory. But India is far from reaching the target, managing at most 2% blending as oil marketing firms say there is not enough ethanol available, reported the Economic Times. 
 

	The country required more that 115 crore litres of ethanol to meet its target. But Indian units manufacture only 80 crore litres, creating a big gap between demand and supply for the product. 
 

	According to ethanol manufacturers who are mostly sugar makers, state levies and the price fixed by the Centre Rs 48.50 a litre is a deterrent to capacity expansion. 
 

	Manan Goel, Gulf Petrochem's group director, told ET: "We want to grow in India. Besides our oil business, we have diversified into steel. Now we want to get into ethanol manufacturing." 
 "States have been inviting <keyword id="6362476" type="ORGANIZATION" weightage="80" keywordseo="investments">investments</keyword> so we are looking for a site where we can get the land closer to the raw material availability," he said. The UAE-headquartered entity Gulf Petrochem, a company promoted by brothers <keyword id="122306" type="PERSON" weightage="60" keywordseo="Ashok-Goel">Ashok Goel</keyword> and <keyword id="2550855" type="UNKNOWN" weightage="80" keywordseo="Sudhir-Goyel">Sudhir Goyel</keyword>, has been mainly into oil trading, refining and bunkering. It now wants to enter the ethanol market with a production unit that would make around 60,000 kilolitres of ethanol by 2017-18. 

	While almost 90% of India's ethanol is manufactured from feedstock of molasses, the company may adapt a technology that uses rice husk.
 "There is a big market for ethanol and even at the fixed price the project is viable. The government has indicated that if there is ethanol available at the fixed price, oil marketing companies will buy it," said Brij <keyword id="235220" type="PERSON" weightage="80" keywordseo="Mohan-Bansal">Mohan Bansal</keyword>, <keyword id="210845" type="POSITION" weightage="80" keywordseo="Strategic-Advisor">strategic advisor</keyword> to the company. 

	Bansal said that so far the ethanol manufacturing units have been concentrated in states that produce sugarcane and, therefore, Gulf Petrochem is looking at other states which don't have enough capacity.
 

	It has shortlisted Punjab, Haryana and Madhya Pradesh and would finalise a site soon. 
 

	The current government is exploring increasing ethanol content in auto fuels to 10%. 

	 
	(Image: Gulf Petrochem website)

Gulf Petrochem investing Rs 1,000-crore to set up ethanol plant in India

<div class="image-container float_right" style="width:480px"><div class="image"><a href="http://pictures.reuters.com/C.aspx?VP3=SearchResult_VPage&amp;VBID=2C0BXZ6NJ5GKL&amp;SMLS=1&amp;RW=1491&amp;RH=855#/SearchResult_VPage&amp;VBID=2C0BXZ6NJ5GKL&amp;SMLS=1&amp;RW=1491&amp;RH=855&amp;PN=1">Reuters/Karl Plume</a></div></div>Walls are generally bad. Just ask the Chinese, the East Germans, or Roger Waters. 
The U.S. is about to slam head-first into its own barrier: the renewable fuel "blend wall."
This is the limit on the amount of <keyword id="6533570" type="COMPANY" weightage="60" keywordseo="Ethanol">ethanol</keyword> — aka corn byproduct — refiners are capable of adding to consumer gasoline.
The reason why they aren't adding more: Americans aren't using as much gas as they did when the current renewable fuel standard was passed.
That was 2007 — the idea was to both curb fossil fuel use and reduce dependence on overseas oil. Congress said refiners must blend an ever-increasing amount of ethanol into their products, and must hit 36 billion gallons of renewable fuel by 2022 — regardless of how much fuel is actually in demand.
And since 2007, U.S. fuel use has plummeted. <a href="http://www.bloomberg.com/news/2013-06-26/epa-says-ethanol-bounty-may-push-refiners-over-blend-wall.html">According to Bloomberg's Mark Drajem</a>, average daily gasoline use in 2012 was 8.3 percent lower than in 2007.
In theory, refiners could get around the problem by using a higher concentration of ethanol.
But that's actually another constraint: refiners are basically confined to using a blend with very low ethanol concentration — E10 (which is 10% ethanol).
That's because there are lots of hurdles to using blends with the highest ethanol content. E85 can only be used in flex-fuel vehicles, and the infrastructure capable of transporting and storing even E15 remains limited. 
So what's the answer?
Refiners seeking to bypass the requirement are supposed to buy renewable identification numbers — RINs.
<a href="http://www.cnbc.com/id/100866132">But as Reuters' Gerard Wynn writes</a>, demand — and prices — for RINs have been skyrocketing, suggesting we're careening into the wall. 
RIN prices surged $0.12 yesterday to reach a new all time high of $1.32. And those prices are going to be passed on to consumers. 
The ethanol industry <a href="http://www.bloomberg.com/news/2013-03-14/ethanol-rins-aren-t-raising-gasoline-prices-rfa-s-dinneen-says.html">has denied there's a correlation</a> between higher <keyword id="154077" type="UNKNOWN" weightage="60" keywordseo="gas-prices">gas prices</keyword> and increasing RIN rates. 
But that was in March, when prices were barely over a dollar. The EIA says there's some evidence RIN prices could already be driving diesel and jet fuel higher.
The <keyword id="52232" type="ORGANIZATION" weightage="60" keywordseo="EPA">EPA</keyword> is expected to finalize its targets for ethanol consumption in 2013 within the next two weeks.
“It’s really not a pretty picture next year,” an East Coast ethanol blender told him.

How A 2007 Ethanol Law And A Decline In Driving Could Be Contributing To A Rise In Gas Prices

State-owned <keyword id="20039950" type="General" weightage="20" keywordseo="Bharat-Petroleum-Corporation" source="keywords" meta.keywordsubtype="org" meta.entityname="Bharat Petroleum Corporation" meta.hostid="153" meta.entityid="Bharat Petroleum Corporation">Bharat Petroleum Corporation</keyword> plans to invest Rs 1.7 lakh crore over the next five years to grow its core oil refining and fuel marketing business as well as in 'future big bets' of <keyword id="20115883" type="General" weightage="20" keywordseo="petrochemicals" source="keywords">petrochemicals</keyword> and <keyword id="19895435" type="General" weightage="20" keywordseo="green-energy" source="keywords">green energy</keyword>, its chairman G Krishnakumar has said. At present, Bharat Petroleum Corporation Ltd (<keyword id="19908646" type="General" weightage="100" keywordseo="BPCL" source="keywords" meta.keywordsubtype="org" meta.entityname="BPCL" meta.hostid="153" meta.entityid="BPCL">BPCL</keyword>) owns about 14 per cent of India's oil <keyword id="20064251" type="General" weightage="20" keywordseo="refining-capacity" source="keywords">refining capacity</keyword> and about a quarter of the fuel retailing network. It plans to grow these businesses while foraying into newer areas. The firm is now implementing the first phase of a multi-decade aspirational journey in the form of '<keyword id="22826627" type="General" weightage="20" keywordseo="project-Aspire" source="keywords">Project Aspire</keyword>' - its five-year strategic framework that is based on two fundamental pillars - 'Nurturing the Core' and 'Investing in Future Big Bets', he said in the company's latest annual report. "Our mid-term strategy is on a continuum. While we remain committed to growing our core businesses, which include refining and marketing <keyword id="20037698" type="General" weightage="20" keywordseo="petroleum-products" source="keywords">petroleum products</keyword> and upstream, we are equally focused on our big bets comprising petrochemicals, gas, green energy, non-fuel retail, and digital. "Project Aspire, with a planned capex outlay of around Rs 1.70 lakh crore over five years, will enable us to create long-term value for our stakeholders while preserving our planet for future generations," he said. "A cornerstone of our long-term strategy, Project Aspire, with a Rs 1.70 trillion investment, marks the initial phase of our multi-decade odyssey to shape the energy of tomorrow. This, coupled with our robust balance sheet, fuels our ambition to lead the <keyword id="19951336" type="General" weightage="20" keywordseo="energy-transition" source="keywords">energy transition</keyword>." The company is targeting net zero carbon emissions from its operations by 2040. "BPCL has drawn a net-zero roadmap, which encompasses renewable power, green hydrogen, compressed biogas, carbon capture, utilisation, and storage (CCUS), efficiency improvement and the offsets procurements. This would require a phased capital outlay of approximately Rs 1 lakh crore till 2040, and the company is geared for the same," he said. The firm's bet on continuing investing in core businesses is based on the premise that India's booming economy will drive a 4-5 per cent annual increase in energy demand and petroleum product consumption. Also, the demand for major petrochemical products is expected to rise by 7-8 per cent annually. "This presents a strategic opportunity to expand refining capacity alongside the development of integrated petrochemical complexes," he said. BPCL is implementing new petrochemical projects at two of its three oil refineries. A Rs 49,000 crore ethylene cracker project is being implemented at the Bina refinery in Madhya Pradesh, alongside raising oil refining capacity from the current 7.8 million tonnes to 11 million tonnes annually by 2029. A polypropylene project is being set up at Kochi refinery in Kerala by 2027. "To meet the anticipated demand beyond our planned expansions in Bina and Kochi, we are actively evaluating options for setting up additional integrated refining and petrochemical capacities within the next 5-7 years," Krishnakumar said without disclosing either the investments or the location of such a project. Andhra Pradesh is being speculated as the likely site after Prime Minister Narendra Modi's BJP and regional party TDP stormed to power in the state in recently concluded assembly elections. TDP has been demanding the implementation of a refinery-cum-petrochemical complex that was promised as part of the package when the state was split more than a decade back. "Our investment in the petrochemical project is consistent with our aspiration of becoming a dominant player in India's petrochemical growth story," Krishnakumar said. On energy transition, he said BPCL is targeting to build 2 gigawatts (GW) of <keyword id="19895602" type="General" weightage="20" keywordseo="renewable-energy" source="keywords">renewable energy</keyword> capacity by 2025 and 10 GW by 2035. "We are investing nearly Rs 1,000 crore to establish two 50 MW captive wind power plants in Maharashtra and Madhya Pradesh, which will support our refineries in Mumbai and Bina." The firm is also investing around Rs 300 crore in 72 MWp of solar project in Prayagraj, Uttar Pradesh. "Concomitantly, we are executing green hydrogen projects aligned with the National Green Hydrogen Mission. These projects include a 5 MW electrolyser plant at Bina refinery and a green hydrogen refuelling station with an indigenously developed electrolyser at Kochi," he noted. BPCL, he said, is committed to supporting the transition to electric mobility through a robust and accessible charging infrastructure. The company has installed over 3,000 charging stations, including fast chargers for cars and two-wheelers. 900 fast chargers are installed across 120 highway corridors, which helps address the range, discovery and time anxiety of electric vehicle (EV) owners. "Over the next five years, we aim to install 4-wheeler fast chargers at approximately 6,000 retail outlets across 400 highway corridors, prioritising high-traffic corridors like the Golden Quadrilateral and N-S/E-W highways," he said. On biofuels, he said BPCL sells petrol with 20 per cent ethanol blend at 4,279 out of its over 22,000 petrol pumps. It is also building compressed biogas plants using municipal solid waste to make gas that can be used as CNG in automobiles. The firm is also exploring partnerships in the arena. "These combined efforts, along with the upcoming commissioning of a bio-ethanol refinery, positions BPCL as a key player in India's transition to a greener fuel mix, creating a robust ecosystem for the adoption of cleaner fuels across the country," he added. BPCL is establishing a corporate venture capital fund to invest directly in promising startups. "In order to thrive in this complex and challenging business landscape, we will leverage our agility and focus on operational excellence to ensure continued success. Safety and reliability will remain our top priorities, guiding all our actions. We are committed to upholding the highest standards of corporate governance," he added. He said the energy sector of India stands at an inflection point. "The nation has an ambitious vision of becoming a USD 30 trillion developed economy by 2047. 'Viksit Bharat @2047' will necessitate an almost fourfold increase in primary energy demand." India's exponential growth trajectory will propel it to a pivotal role in the global energy market, accounting for roughly 12 per cent of world energy consumption by 2047. "The key strategic objectives for India in the energy sector will entail significant expansion in refining capacities, raising the share of gas in the energy basket from about 6 per cent to 15 per cent, establishing leadership in petrochemical exports, and sharply reducing energy imports from current levels of 47 per cent to below 25 per cent by 2030 and to zero by 2047," he said. India is targeting 500 GW of non-fossil fuel energy capacity, sourcing half of its energy needs from renewables, reducing carbon emissions by 1 billion tonnes and lowering carbon intensity by 45 per cent by 2030 with the ultimate goal of net-zero emissions by 2070. "Building on its strong Indian energy presence, BPCL aspires to meet 7-10 per cent of the nation's primary energy demand by 2047," he said.

BPCL planning Rs 1.7 lakh crore spend to expand core business, new energy foray over next five years

It is sobering when everyday items we trustingly pick off racks at the supermarket turn out to be a health hazard. Most consumers still hesitate before buying Maggi noodles because of the excessive quantities of lead that were reported in them back in 2015. Now, researchers have foisted some serious allegations on <keyword id="22097595" type="General" weightage="20" keywordseo="Listerine" source="keywords">Listerine</keyword> mouthwash — a household item worldwide — saying that its regular use can cause <keyword id="6355291" type="General" weightage="20" keywordseo="cancer" source="Orion">cancer</keyword>. But how seriously should you take these claims? In 1879, a St. Louis-based doctor named his germicidal concoction of essential oils after Joseph Lister. Before Listerine went on to become the #1 dentist-recommended mouthwash brand, it started out as a humble disinfectant, cleaning agent, cure for dandruff, hair tonic, deodorant, and even a "beneficial remedy" for various bacterial and viral diseases. But hey, who doesn’t have a bit of an identity crisis in their early days? It didn’t take long for a marketing dude to recognise its potential as an oral antiseptic and popularise it. While it did take time to catch on, Listerine turned out to be a huge hit among people — nobody wanted stinky breath, after all. The mouthwash has had quite a journey since its discovery over 130 years ago. But its premise remains the same — germ removal. Many of us have cultivated the habit of using the mouthwash for a quick rinse. This is probably why all the recent headlines this week linking Listerine to cancer had our eyes widening in horror. However, the narrative seems to have been twisted a tad bit. So before you yeet your mouthwash in the trash can, you might want to understand the context behind what the researchers have really said. <cmsannotation type="cmsannotation" annotationid="A crucial link" comment="subhead" text="A crucial link">A crucial link </cmsannotation>Scientists in Germany were trying to determine if mouthwash use could impact the incidence of STIs in gay men. The 59 participants used <keyword id="22080958" type="General" weightage="20" keywordseo="listerine-cool-mint" source="keywords">Listerine Cool Mint</keyword> mouthwash every day for three months and another three months of a placebo rinse. In the case of Listerine, the researchers found high concentrations of two species of bacteria in their mouths at the end of the three-month period — <keyword id="22097596" type="General" weightage="20" keywordseo="fusobacterium" source="keywords">Fusobacterium</keyword> nucleatum and Streptococcus anginosus. Both of these bacterial species have previously been linked to cancers like oral and colorectal. The <a href="https://www.microbiologyresearch.org/content/journal/jmm/10.1099/jmm.0.001830">study</a>, published in the Journal of Medical Microbiology, stated that “Listerine use was associated with an increased abundance of common oral opportunistic bacteria previously reported to be enriched in periodontal diseases, oesophageal and <keyword id="6386751" type="General" weightage="20" keywordseo="colorectal-cancer" source="Orion">colorectal cancer</keyword> and systemic diseases”. <cmsannotation type="cmsannotation" annotationid="Listerine may not directly cause bacterial proliferation" comment="subhead" text="Listerine may not directly cause bacterial proliferation">Listerine may not directly cause bacterial proliferation </cmsannotation>Some might argue that the ethanol in Listerine was triggering this surge in bacterial counts since there are pre-existing links between these bacterial species and alcohol consumption. In fact, Professor Kenyon, who worked on the study, suggested that if you did want to use a mouthwash, an alcohol-free kind might be a better option. You might be wondering how this is possible since alcohol is associated with killing germs — that should’ve been the whole point of adding ethanol to the blend, wasn’t it? However, Listerine is only around 20% alcohol, which isn’t nearly enough to destroy all the bacteria in your mouth. It is, instead, likely used as a preservative and carrier for the other active ingredients in the mouthwash, as per sources. But the alcohol content can cause dehydration and the lack of beneficial salivary enzymes could sometimes shift the power dynamics in favour of the cancer-causing villains like Fusobacterium nucleatum and Streptococcus anginosus. <cmsannotation type="cmsannotation" annotationid="What Listerine had to say about the whole ordeal" comment="subhead" text="What Listerine had to say about the whole ordeal">What Listerine had to say about the whole ordeal </cmsannotation>The study says, “Listerine use was associated with an increased abundance of common oral opportunistic bacteria”. However, the authors add that “the findings suggest that the regular use of Listerine mouthwash should be carefully considered”. This implies that the study’s findings are not conclusive and may need further scrutiny to establish a clear link. A spokesperson for the company that owns the Listerine brand, told the Daily Mail that “Based on our initial review, the published trial lacks several important design controls and adequate rigour to make any conclusions about the potential impact on human health.” Plausible correlation due to other factors such as dietary habits, smoking, alcohol consumption or already poor hygiene — all of which are also linked to <keyword id="67539" type="General" weightage="20" keywordseo="oral-cancer" source="Orion">oral cancer</keyword> — have not properly been accounted for in the study. The sample size is also pretty small and doesn’t necessarily represent an entire population. As pointed out by the brand itself, some participants could have used mouthwash after the development of oral cancer. However, this potential reverse causation has also not been acknowledged in the study. While we strongly advise getting your primary healthcare provider’s opinion on whether or not you should include Listerine in your oral care routine, we do think it is too early to label the mouthwash a harbinger of cancer. This link between alcohol-based mouthwashes and cancer is not without merit, but more research is needed to establish a stronger association between the two. In the meantime, if you do feel some sense of loyalty towards Listerine but want to go the alcohol-free mouthwash route, the brand does already have zero alcohol options.

What’s the deal with the "Listerine mouthwash causes cancer" claim?

New Delhi, India on Saturday announced the launch of the <keyword id="16473623" type="General" weightage="20" keywordseo="Global-Biofuel-Alliance" source="Orion">Global Biofuel Alliance</keyword> and urged G20 nations to join the initiative with a plea to take ethanol blending with petrol globally to 20 per cent. Speaking at the G20 Summit session on 'One Earth', Prime Minister <keyword id="6354477" type="General" weightage="80" keywordseo="narendra-modi" source="Orion">Narendra Modi</keyword> also proposed launching the 'G20 Satellite Mission for Environment and Climate Observation' and urged leaders to commence work on the 'Green Credit Initiative'. "Today, the need of the hour is that all countries should work together in the field of fuel blending. Our proposal is to take an initiative at a global-level to take ethanol blending in petrol up to 20 per cent," he said. "Or alternatively, we could work on developing another blending mix for the greater global good, one that ensures a stable energy supply while also contributing to climate security," Modi said at the session attended by US President Joe Biden, Saudi Arabia Crown Prince Mohammed bin Salman, and UK Prime Minister Rishi Sunak among others. The prime minister said energy transition is a significant need of the 21st century world considering the challenge of climate change. He said trillions of dollars are required for an inclusive energy transition and that the developed countries play a very crucial role in this. "Along with India, all the countries of the Global South are pleased that developed countries have taken a positive initiative this year, in 2023. Developed countries have expressed their willingness to fulfil their commitment of USD 100 billion for climate finance for the first time," he said. At the Copenhagen UN climate talks in 2009, developed countries had committed to providing USD 100 billion per year by 2020 to support developing countries in combating climate change. However, the wealthier nations failed repeatedly to fulfil this commitment. The Global Biofuels Alliance, which the world's third biggest oil consumer wants to push during its G20 presidency, mirrors the <keyword id="3155010" type="General" weightage="80" keywordseo="international-solar-alliance" source="Orion">International Solar Alliance</keyword> (ISA) piloted by New Delhi and Paris in 2015 to bring clean and affordable solar energy within the reach of all. Earlier this month, Prime Minister Narendra Modi in an exclusive interview told PTI that India's proposal for a global alliance on biofuels among members of the Group of 20 major economies would help accelerate sustainable biofuels deployment in support of the global energy transition. "Such alliances are aimed at creating options for developing countries to advance their energy transitions," he had said. "Biofuels are also important from the perspective of a circular economy. Markets, trade, technology, and policy all aspects of international cooperation are crucial in creating such opportunities," Modi had said. <keyword id="53632" type="General" weightage="80" keywordseo="biofuel" source="Orion">Biofuel</keyword> is a renewable source of energy which is derived from biomass. India, which imports over 85 per cent of its crude oil needs, is gradually building capacity to produce fuel from such items as crop stubble, plant waste, and municipal solid waste. While India is on schedule to double the mixing of ethanol extracted from sugarcane and agriculture waste to 20 per cent with petrol by 2025, it is also setting up dozens of compressed biogas (CBG) plants. The Global Biofuels Alliance is aimed at facilitating cooperation and intensifying the use of sustainable biofuels across sectors, including transportation. Its focus is primarily on strengthening markets, facilitating global biofuel trade, developing concrete policy lesson-sharing and providing technical support for national biofuel programmes worldwide. Such an initiative is also aimed at helping India's transition to alternative fuels and cutting its import bill, as it seeks to achieve its net zero carbon emissions goal by 2070. On the other hand, the ISA aims to mobilise more than USD 1,000 billion of investment needed by 2030 for the massive deployment of solar energy. The <keyword id="69313" type="General" weightage="50" keywordseo="international-energy-agency" source="Orion">International Energy Agency</keyword> (IEA) estimates that global sustainable biofuel production would need to triple by 2030 to put the world's energy system on track towards net zero emissions by 2050. Liquid biofuels provided more than 4 per cent of the total transport energy supply in 2022.

You Searched For "ethanol blending" and got 11 results

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Why are petrol and diesel prices spiking if the economy is in recovery?

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