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The US Federal Reserve’s quarter-percentage-point rate hike has added to the challenges facing the RBI ahead of its monetary policy review in October.
Gadkari has called on sugar mills to expand into value-added by-products, particularly compressed bio-gas (CBG), ethanol, bio-manure and sustainable aviation fuel.
Dinesh Thakkar, founder and CMD of financial services and stockbroking company Angel One, will acquire an entire luxury residential tower in Mumbai's Juhu area from Embassy Developments for more than Rs 711 crore.
The Trump administration is contemplating a 90-day ban on US diesel exports to combat rising energy prices. This initiative comes as diesel prices have surged significantly amid international conflicts and supply disruptions. While some officials oppose the ban, others argue it could create long-term economic consequences. The discussions have intensified due to pressure from Republican lawmakers ahead of the midterm elections.