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Indian Oil Corporation launched India’s first reference gasoline in 2023. Reference fuels are highly specialised fuels which might be used to calibrate and check automobiles. They are essential for making certain the accuracy of emission measurements and the efficiency of autos. The major difference between ‘reference’ fuel and regular or premium gas is their octane numbers.

It added that the rise of crypto-currency, a digital currency operating outdoors central banks, has added complexity to those discussions. Over the weekend, greater than 30 companies listed in China revealed intentions to conduct share buybacks and purchases after China announced a slew of measures aimed toward stabilizing falling stock prices. The Hang Seng in Hong Kong fell 0.3pc to 17,349.36 and the Shanghai Composite index rose 0.2pc at three,022.90. Asian shares have been mostly lower on Monday ahead of a Federal Reserve determination this week on rates of interest. The House of Fraser proprietor confirmed the sale of the IP, although mentioned it will be keeping Missguided’s real property and staff which had already been integrated into Frasers’ trend division.

As per Indian accounting requirements, X’s India arm recorded a Rs 44 crore loss in FY22. The extra loss was associated to share-based compensation costs that the company had to bear. In July 2022, the Ministry of Electronics and Information Technology revealed that X had 23.6 million users in India, making it the platform’s third-largest market. Indian customers additionally represent 7% of the social media site’s international Business News user base. Find financial, advertising, management, and know-how advice on this site. It additionally covers current events and gives recommendations on how small business can become more successful.