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E20 mixing in trial phase, Centre tells SC; court orders status quo on ethanol quota
positive
ET Markets - Industry 11d ago

E20 mixing in trial phase, Centre tells SC; court orders status quo on ethanol quota

The Supreme Court has halted the Karnataka High Court's order to increase ethanol allocations for the 2025-26 supply year, urging state-run oil companies to maintain current levels. Attorney General R Venkataramani argued that such changes could destabilise the national E20 blending program, an "ongoing experiment."

CURRENTOILSUPREMESUPREMEINDSUPREMEINFCapital GoodsConstruction
SC directs status quo on Karnataka HC order on ethanol allocation; Centre says 20% blending still an experiment
positive
ET Markets - Industry 11d ago

SC directs status quo on Karnataka HC order on ethanol allocation; Centre says 20% blending still an experiment

The Supreme Court has put a hold on a Karnataka High Court order that sought to increase ethanol allocation for 2025-26. An oil company argued this could disrupt the national policy for 20% ethanol blending in petrol. The top court issued a notice, questioning if enhancing one supplier's quota would lead to widespread litigation and destabilize the existing national policy.

OILSUPREMESUPREMEINDSUPREMEINFCapital GoodsConstruction
Centre Tells Supreme Court E20 Ethanol Blending Is Still An 'Experiment'; Results Expected Next Year
positive
NDTV Profit 11d ago

Centre Tells Supreme Court E20 Ethanol Blending Is Still An 'Experiment'; Results Expected Next Year

A vacation bench of the Supreme Court had earlier directed that the existing ethanol supply allocation for the 2025-26 supply year be maintained until further orders.

SUPREMESUPREMEINDSUPREMEINFCapital GoodsConstruction
Trump's Birthright Citizenship Curbs Get Knocked Down By US Supreme Court
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NDTV Profit 11d ago

Trump's Birthright Citizenship Curbs Get Knocked Down By US Supreme Court

Limiting citizenship was one of the major agendas on Trump's 'Make America Great Again' (MAGA) checklist after he assumed office again in 2024.

SUPREMESUPREMEINDSUPREMEINFCapital GoodsConstruction
No Changes To Ethanol Quotas: Supreme Court Steps In As Centre Defends E20 Policy
positive
NDTV Profit 11d ago

No Changes To Ethanol Quotas: Supreme Court Steps In As Centre Defends E20 Policy

The court also issued notices to 24 respondents, including the Union government and 23 distilleries, on the public sector oil marketer's appeal.

OILSUPREMESUPREMEINDSUPREMEINFCapital GoodsConstruction
Japan's Yen hits 40-year low as clock ticks on intervention
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CNBC TV18 - Markets 11d ago

Japan's Yen hits 40-year low as clock ticks on intervention

Yen hits 40 year low near 162 per dollar, markets eye possible Tokyo intervention as Fed rate hike odds rise, dollar index climbs, US jobs data and Supreme Court rulings in focus

DOLLARFOCUSSUPREMESUPREMEINDSUPREMEINFCapital GoodsConstruction
US Supreme Court Bars Trump From Sacking Fed Governor Lisa Cook
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NDTV Profit 12d ago

US Supreme Court Bars Trump From Sacking Fed Governor Lisa Cook

However, it outlined that other firings done by the republican president will be upheld.

SUPREMESUPREMEINDSUPREMEINFCapital GoodsConstruction
US Supreme Court Rejects Trump's Appeal In $5 Million Sexual Abuse Case
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NDTV Profit 12d ago

US Supreme Court Rejects Trump's Appeal In $5 Million Sexual Abuse Case

US Supreme Court lets stand $5 million E. Jean Carroll verdict against Trump.

SUPREMESUPREMEINDSUPREMEINFCapital GoodsConstruction
Iran Supreme Leader Underlines 'Mutual Respect' In Response To Modi's Greetings: Report
positive
NDTV Profit 12d ago

Iran Supreme Leader Underlines 'Mutual Respect' In Response To Modi's Greetings: Report

Iran Supreme Leader Ayatollah Mojtaba Khamenei.

SUPREMESUPREMEINDSUPREMEINFCapital GoodsConstruction
Ali Khamenei Funeral: MoS External Affairs, Bihar Governor To Attend Final Rites, Say Sources
negative
NDTV Profit 12d ago

Ali Khamenei Funeral: MoS External Affairs, Bihar Governor To Attend Final Rites, Say Sources

Iran's Supreme Leader, Ayatollah Ali Khamenei, was killed in a joint US-Israeli airstrike on his official compound in Tehran.

MOSRITESSUPREMESUPREMEINDSUPREMEINFCapital GoodsConstruction
NEWS
negative
Business Standard - Markets 12d ago

Netweb Technologies India Ltd leads losers in 'A' group

Persistent Systems Ltd, Astral Ltd, Supreme Industries Ltd and Alkyl Amines Chemicals Ltd are among the other losers in the BSE's 'A' group today, 29 June 2026.

ALKYLAMINEASTRALBSEJGCHEMNETWEBPERSISTENTRSYSTEMSSUPREMESUPREMEINDSUPREMEINFCapital GoodsChemicals
Why should potential investors in Supreme Industries stay on the sidelines? JPMorgan explains
positive
CNBC TV18 - Markets 12d ago

Why should potential investors in Supreme Industries stay on the sidelines? JPMorgan explains

Structurally too, JPMorgan prefers Astral over Supreme Industries, as it does not view the demerger announcement as a major negative, but awaits a better entry point for the stock, once the PVC price volatility settles.

ASTRALSUPREMESUPREMEINDSUPREMEINFCapital GoodsConstruction