Why Is An Oil Company Launching Bottled Water

In this episode of Markets Today, we decode 3 big stories — new CAFE-3 fuel-efficiency norms reshaping carmakers' strategy, BSE warning that some ETFs are trading way above their NAV, and Indian Oil launching packaged drinking water across its petrol pumps.

CAFE-3 Norms — What Carmakers Must Do By FY28 Emission targets: ~82.8 g/km for Maruti's segment to ~142.4 g/km by FY28. A super-credit system rewards BEVs, hybrids and flex-fuel vehicles differently. Credit-debit trading window opens every October.

BSE's ETF Premium Warning Overseas investment limits fully utilised — mutual funds can't create fresh international ETF units, pushing prices well above NAV. BSE flags sharp correction risk once limits rise or SEBI's T-1 NAV framework kicks in.

Indian Oil Launches Bottled Water IndianOil to own the brand and roll it out across 43,603 petrol pumps. Goal: grow non-fuel revenue from ₹200 crore to ₹760 crore.