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August 19, 2025

UK, UP sign Chevening scholarship agreement

The United Kingdom and Uttar Pradesh have signed an agreement to send five students every year on fully funded Chevening scholarships to the UK. The announcement was made in Lucknow on Tuesday during British High Commissioner to India Lindy Cameron’s meeting with Chief Minister Yogi Adityanath.Chevening is the UK Government’s international scholarship programme, funded by the Foreign, Commonwealth and Development Office along with partner organisations. Applicants must hold an undergraduate degree, apply to three eligible master’s courses in the UK, and secure an unconditional offer from at least one. The scholarship covers tuition, living expenses, travel, and other costs for the selected students.Five students to benefit every yearUnder the agreement, five students from Uttar Prade

August 19, 2025

How will GST reforms impact Indian stock market and key industries?

Mumbai: India's stock market is abuzz with expectations of the Goods and Services Tax (GST) simplication, with brokerages flagging autos, cement, consumer goods, retail, hotels and financials as the biggest potential beneficiaries.In autos, analysts note that vehicles in the 28% tax slab could see lower rates, lifting demand for two-wheelers, passenger vehicles and tractors. Stocks such as Hero MotoCorp, Maruti Suzuki, M&M and Escorts Kubota are seen as the key gainers."Autos especially two-wheelers stand to benefit the most since price cuts can meaningfully influence buying decisions, while RBI's rate cuts may further support vehicle credit growth," said Christy Mathai, equity fund manager, Quantum AMC. 123374069The Nifty's Auto index advanced the most across sector indices on Monday

August 19, 2025

IOC to supply sustainable fuel to Air India

Indian Oil Corporation (IOC) has signed a landmark agreement to supply sustainable aviation fuel to Air India, representing a significant step towards a greener and cleaner aviation in India. IOC plans to begin production of sustainable aviation fuel (SAF) from used cooking oil starting December this year at its Panipat refinery, according to Chairman Arvinder Singh Sahney. The facility is expected to produce 35,000 tonne of green fuel annually, using waste cooking oil sourced from hotel and restaurant chains such as ITC and Haldiram's. SAF is an alternative fuel made from non-petroleum feedstocks that reduces emissions from air transportation. It can be blended up to 50 per cent in conventional aviation turbine fuel (ATF or jet fuel), depending on availability. India has mandated 1 per ce

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