Tag: Business News
Photo: IANSElon Musk becomes world’s first trillionaire after record-breaking SpaceX market debut
Washington: Elon Musk became the world’s first trillionaire after SpaceX completed the largest initial public offering in history, with investors pushing the rocket and satellite company’s market value to about $2.1 trillion on its first day of trading. Shares of SpaceX closed at $160.95, up more than 19 per cent from their IPO price of…
Photo: AI Generated/ChatGPTGovt waives excise duty on ethanol-blended petrol
New Delhi: The government has waived excise duty on variants of ethanol-blended petrol, a notification by the finance ministry said. The duty waiver is applicable on E22, E25, E27, and E30 variants of petrol. In the notification, the ministry said excise duty will be ‘nil’ on petrol with 22 per cent, 25 per cent, 27…
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Photo: Xinhua/Jia Haocheng/IANS
