Haryana govt to stay away from private banks

MUMBAI: The Haryana govt has tightened rules governing the handling of public funds and banking relationships, issuing revised instructions to departments on Feb 18, 2026.In an order issued by the additional chief secretary, the finance department laid down fresh conditions for opening bank accounts, managing deposits and ensuring stricter oversight.Under the new norms, administrative secretaries…

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Ethanol boom faces reality check as surplus capacity clouds green fuel roadmap

What was once seen as the engine of India’s clean fuel transition is now grappling with oversupply, with ethanol production capacity significantly exceeding current blending needs.Industry estimates show nearly 20 billion litres of installed ethanol capacity, with another 4 billion litres expected shortly, against an annual requirement of about 11 billion litres to meet the…

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FMCG firms bet on volume-led growth as easing inflation seen improving margins in FY27

India’s leading fast-moving consumer goods companies expect growth to shift towards volumes in FY27, as easing inflation and softer commodity prices begin to reduce cost pressures and support margin recovery.Industry executives said the operating environment has turned more favourable after several volatile quarters, with mid- to high single-digit volume growth already reported by major FMCG…

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