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Stellantis is making headlines with its substantial $6 billion investment in South America. The company plans to introduce hybrid-flex and plug-in hybrid-flex vehicles, combining traditional combustion engines with batteries for improved efficiency.
Finance Minister Nirmala Sitharaman began the presentation of Union budget 2023 in the Lok Sabha by informing that Indian economy is expected to grow at 7% this fiscal.
Gadkari said that in the last 10 years, the sugar mills have generated revenue of more than 940 billions Rupees from the sale of ethanol. "The production of ethanol has led to reduction in import of crude oil, which has resulted in saving of valuable foreign exchange for India. In the last year only India has saved about 243 billion Rupees of foreign exchange and improved Indias energy security scenario," he said.
Several sugar firms have approached various courts seeking a stay on the Centre's December 7 order prohibiting mills from producing ethanol from sugarcane juice in the 2023-24 season. In the absence of a caveat, the courts can pass a stay order without hearing the government, explained the official cited above. The Centre issued the ban to keep a check on rising sugar prices in the domestic market despite restrictions on exports due to lower sugarcane yield in main producer states of Maharashtra and Karnataka.
Several sugar firms have approached various courts seeking a stay on the Centre's December 7 order prohibiting mills from producing ethanol from sugarcane juice in the 2023-24 season. In the absence of a caveat, the courts can pass a stay order without hearing the government, explained the official cited above. The Centre issued the ban to keep a check on rising sugar prices in the domestic market despite restrictions on exports due to lower sugarcane yield in main producer states of Maharashtra and Karnataka.