
No president's gift collection looks like Trump's: Here's what makes it so different
Download The Economic Times News App to get Daily International News Updates.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
11 minutes ago
- Time of India
Oil Ministry rules out price cut for ethanol-blended fuel as procurement cost exceeds petrol
New Delhi: The oil ministry on Tuesday dismissed calls to reduce the price of ethanol-blended petrol, stating that the biofuel now costs more to procure than conventional petrol despite having lower energy content, The Economic Times reports. The ministry said the demand for cheaper blended fuel stemmed from a 2020-21 NITI Aayog report , when ethanol was priced below petrol. 'Some concerns have been voiced that ethanol-blended petrol should be cheaper than non-blended fuel and that this cost advantage has not been passed on to the customers,' it noted, adding that procurement prices have since risen. The current weighted average cost of ethanol, including transportation and GST, stands at ₹71.32 per litre — higher than the base petrol price of ₹52.83 per litre in Delhi. Retail petrol prices in the capital are ₹94.77 per litre, inclusive of taxes and dealer commission. Ethanol contains around 33 per cent less energy than petrol, which can affect fuel economy. Estimates by the US Energy Information Administration indicate that E20 fuel , now predominant in India, may reduce mileage by about 6 per cent compared to pure petrol. The ministry said suggestions that E20 causes a 'drastic' drop in fuel efficiency are misplaced, noting that mileage is influenced by multiple factors beyond fuel type.


Economic Times
an hour ago
- Economic Times
Kelly Clarkson's ex-husband Brandon Blackstone found love with her former assistant before his death
(Catch all the US News, UK News, Canada News, International Breaking News Events, and Latest News Updates on The Economic Times.) Download The Economic Times News App to get Daily International News Updates.


Economic Times
2 hours ago
- Economic Times
Telangana heavy rainfall alert: Orange alert issued for Hyderabad, IMD says flash floods likely
(Catch all the Business News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online.