Ethanol fuel is making news in India because the government has expedited efforts to boost the local output of oil and a transition to alternative fuels to cut its import bill. India plans to introduce 20% ethanol blending with gasoline in some parts of the country from April 2023, while…
Tag: Business News
Interesting Business News and articles about new developments
Supersonic aircraft: Melbourne to LA 8.5 hours!
A new supersonic aircraft called Overture, which is being developed by Boom It is expected to be able to fly from Melbourne to Los Angeles in just 8.5 hours. Overture is still in development, but it is expected to start flying passengers within six years. The current record for flying…
Chatbot: Top 10 AI Chat Open Assistant
A chatbot is a computer program that simulates human conversation through text or voice interactions. Chatbots are often used in customer service applications, where they can answer questions and resolve issues without the need for human intervention. They can also be used for marketing, education, and entertainment. These are powered…
Evergrande Bankruptcy far-reaching consequences
The impact of Evergrande Group’s bankruptcy would be significant, both in China and globally. The full impact of bankruptcy is still unknown, but it is clear that it would be a major event with far-reaching consequences. Specific impacts that have been reported so far: The full impact of the Evergrande…
JustMyRoots and Sourav Ganguly
JustMyRoots is a restaurant aggregator and food delivery platform that connects people with local restaurants. It was founded in 2015 by a group of ex-corporates and ex-bankers with a fervent passion for good food. As per news reports, Sourav Ganguly acquired a minor stake in JustMyRoots. JustMyRoots is one of…
Rivian Stock soaring High recently
Rivian stock soared high recently due to its strong second-quarter delivery numbers Rivian reaffirmed the production target of 50,000 vehicles in 2023 It is an electric vehicle company founded in 2009 and based in the United States. The company designs and manufactures electric vehicles, including pickup trucks and SUVs. It’s…
I-95 will reopen ahead of schedule
Governor Josh Shapiro on Tuesday announced the I-95 will reopen in Northeast Philadelphia ahead of schedule. On June 21, 2023, a section of I-95 in Philadelphia collapsed, sending cars and debris into the Schuylkill River below. The collapse occurred at approximately 10:30 AM EDT and caused significant damage to the…
Real story behind Rs 2000 note ban by RBI
The real story behind the Rs 2000 note ban by RBI is a complex one. There are many different perspectives on the issue. However, the significant impact will be on businesses that sell alcohol in India, including state governments in India. Since most alcohol purchases happen via cash, which often…
Russia boosts oil and gas output
Russia boosts oil and gas output Bombay Stock Exchange (BSE) in Mumbai. File | Photo Credit: PTIOil extends gains in Asian trading after rising for seven weeks. A global energy crunch due to a shortage of coal and gas ahead of winter is pushing the price of crude oil….