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Blending of E20+ and petrol exempt from excise duty
The government has removed excise duty on blending over 20% ethanol with petrol. This move supports the use of more domestically produced ethanol. It aims to reduce reliance on imported crude oil. While this exemption is a step towards higher blends, extensive testing is still required. Most current vehicles are compatible with up to E20 blends.

Trump Cancels Iran Bombing, Pivots From Oil Seizure Threats To High-Level Talks; Brent Slips To $90
Trump said the main points of discussion were approved by all key stakeholders, including Israel and Arab states.

'You Will Be Stuck For Years': Iran Issues Stern Warning As Trump Vows To Seize Oil Infra
Iran's Parliament Speaker Ghalibaf cautioned the US against impulsive decisions, warning of deeper conflict, and economic fallout.
Market Trading Guide: Allied Blenders among 2 stock recommendations for Friday
Domestic markets recovered modestly on easing oil prices and selective buying in banking and pharma stocks. Analysts have recommended Allied Blenders and JB Chemicals, citing strong technical breakouts, rising volumes, bullish momentum and supportive trend indicators despite broader market consolidation.

Dow Jones, S&P 500, Nasdaq rebound on chip strength, but Trump Iran threat limits gains
US stocks rose as S&P 500, Dow and Nasdaq gained on semiconductor rebound, despite rising oil and US Iran tensions, with focus on SpaceX IPO and Trump strike threats.
OPEC again lowers 2026 global oil demand growth forecast
OPEC has reduced its 2026 oil demand growth forecast to 970,000 barrels per day. This marks a second consecutive cut. The group sees less impact from the Iran war than other agencies. However, OPEC expects demand to rebound later, raising its 2027 forecast. The war has disrupted oil routes, affecting global prices and output.
AI, oil worries have 'over-punished' India, masked long-term investment case, says Blackrock - Indiatimes
AI, oil worries have 'over-punished' India, masked long-term investment case, says BlackrockIndiatimes

Trump Vows To Take Over Kharg, Assert Control On Iran's Oil Market; Crude Rates Jump
Crude oil rates jumped after Trump's announcement with Brent crude futures trading 0.14% higher at $93 per barrel and West Texas Intermediate rising 0.72% to $90.6 per barrel.

US stock market today: S&P 500, Nasdaq futures jump up to 1% as chip stocks rebound; oil prices retreat - Mint
US stock market today: S&P 500, Nasdaq futures jump up to 1% as chip stocks rebound; oil prices retreatMint

World markets walk a tightrope between AI stocks and oil shocks
Tumult on world markets in the past week shows the economic outlook is now on a knife edge, investors said, with equal odds of an AI boom lifting growth or oil shocks from the U.S.Iran war pushing stocks and bonds into a tailspin.

Oil Could Hit $150 If US-Iran Ceasefire Collapses - Investing.com India
Oil Could Hit $150 If US-Iran Ceasefire CollapsesInvesting.com India
Eight public sector banks add 13,223 employees in FY26; SBI leads hiring spree
Eight public sector banks, including SBI, collectively added 13,223 employees in FY26, boosting their total workforce to over 6.28 lakh. State Bank of India led the hiring surge, accounting for nearly 67% of the new positions. This expansion occurs despite digitalization, indicating a continued reliance on human resources for growth and customer service.