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govt exempts 22 to 30 ethanol blended petrol from central excise duty

No further excise on E22, higher grades ethanol/petrol

TazaPulseJune 12, 2026
NEW DELHI: The Centre has exempted petrol blended with higher levels of ethanol from excise duty as it seeks to make fuel beyond E20 more attractive for consumers and push voluntary use.The Central Board of Indirect Taxes and Customs (CBIC) issued notifications on Wednesday, exempting ethanol blended petrol (EBP) grades E22, E25, E27 and E30,...
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Stock Market Live Updates Today: BSE Sensex opens almost 1,000 points up, Nifty50 goes above 23,400 as Trump signals US-Iran deal; crude oil prices drop below $90

TazaPulseJune 12, 2026
“Indian equity markets are expected to open on a strong positive note, with Gift Nifty trading around 23,456, up by 255 points, indicating robust opening cues for domestic indices. Global sentiment remains supportive amid easing concerns over major geopolitical developments and improving risk appetite across international markets. Positive global cues, coupled with stability in key...
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Gold, Silver Rate Today Live Updates: Gold prices set for weekly decline as high inflation stokes rate hike fears

TazaPulseJune 12, 2026
Data released during the week showed that US producer prices rose more than anticipated in May, resulting in the strongest annual increase in three-and-a-half years. Higher energy costs linked to the conflict in the Middle East contributed significantly to the rise. According to CME Group’s FedWatch Tool, traders are currently assigning a 60% probability to...
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Now, AI agents can decide when to strike deals using UPI mandate

TazaPulseJune 12, 2026
MUMBAI: Pine Labs has launched India’s first agent-to-agent payment capability, enabling autonomous transactions through artificial intelligence by extending UPI’s standing mandate framework to machines.The company on Thursday introduced the Pine Labs Payment Protocol (P3P), allowing users to authorise a onetime mandate that can be delegated to an AI agent, which can then independently decide when...
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SpaceX cuts retail IPO allocation to low 20% range, source says

TazaPulseJune 12, 2026
SpaceX is allocating a smaller-than-expected portion of its blockbuster initial public offering to retail investors, according to a person familiar with the matter. The Elon Musk-led company plans to direct a percentage in the low 20s of the offering to retail buyers, including international individual investors, online brokerages and private-bank clients, the person said. The...
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Early SpaceX investors will now reap the rewards

TazaPulseJune 11, 2026
SpaceX’s Super Heavy booster is seen on the launch pad, as Starship is prepared to be placed on top, at the company’s Boca Chica complex, ahead of Starship’s eighth test flight which is targeted for March 3, from Starbase, near Brownsville, Texas, U.S. March 2, 2025. Kaylee Greenlee | Reuters For nearly two decades, some...
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Us Stock Market: US stocks today: Wall Street rebounds as AI stocks recover despite Iran war worries

TazaPulseJune 11, 2026
US stock markets traded higher on Thursday, with technology and artificial intelligence (AI)-linked stocks rebounding after a volatile week, while investors continued to monitor rising geopolitical tensions in the Middle East, inflation concerns and global interest rate expectations.The benchmark S&P 500 rose 0.5% in morning trade, recovering some of the losses recorded over the previous...
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