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Depreciation Of Indian Rupee : All-Time Low Of 77.44 Against The U.S. Dollar.

Depreciation Of Indian Rupee : All-Time Low Of 77.44 Against The U.S. Dollar: The Indian rupee fell to an all-time low of 77.44 against the U.S. Dollar. Depreciation: Currency depreciation is a fall in the value of a currency in a floating exchange rate system. Rupee depreciation means that the rupee has become less valuable […]

What Is Ethanol Blending?

What Is Ethanol Blending? The level of ethanol blending in petrol in India has reached 9.99%. Ethanol is one of the principal biofuels, which is naturally produced by the fermentation of sugars by yeasts or via petrochemical processes such as ethylene hydration. Ethanol Blending Programme (EBP) is aimed at reducing the country’s dependence on crude […]

Concession In Revenue Share To Promote Coal Gasification

Concession In Revenue Share To Promote Coal Gasification: To help India become energy independent, the Ministry of Coal has proposed 50% concession in revenue share to promote coal gasification. If the successful bidder consumes the coal produced either in its own plant(s) or plant of its holding, subsidiary, affiliate, associate for coal gasification or liquefaction […]