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Researchers at Katholieke Universiteit Leuven in Belgium have made it possible to convert the cellulose -- the main component of plant fibres - in the sawdust into hydrocarbon chains.
On Monday, the petrol price in Mumbai surpassed the Rs 90-run mark as it was being retailed at Rs 90.22 per litre, while diesel was being sold at Rs 78.69 per litre.
In Mumbai, the petrol price has touched Rs 90.08 per litre, while diesel is being retailed at Rs 78.58 per litre.
The price of diesel also continued to scale new highs on Sunday under India's dynamic pricing regime, after remaining unchanged for four successive days.
Petrol price in Mumbai has touched Rs 89.80 per litre, while diesel is being sold at Rs 78.42 per litre.
NIT Calicut has developed the chemical technology and process for the conversion of assorted plastics of Gr 1 to Gr 7 to useful petroleum products without generation of any type of pollutants.
The incident took place around 10.30 pm at HSR Layout.
The duty on IMFL has not been reviewed since 2013, a senior official of the state excise department said on the condition of anonymity.
The plea, filed through advocate A Maitri, said the government cannot delegate the powers to oil firm for fixing the daily price of petrol and diesel.
Currently, the sales tax on petrol and diesel is 32 per cent and 21 per cent respectively.
Fuel prices in the country have been rising almost daily since August 1. They fell only once on August 13 and have been on record levels for over two weeks now.
The minister added that central government had already deducted excise duty on petrol and diesel a few months ago.
Watch: Auto driver roughed up by BJP cadres for questioning TN chief Tamilisai about fuel price hike
Petrol price in Chennai has breached the Rs 85 mark and is being sold at Rs 85.31 per litre while diesel is being sold at Rs 78.00 per litre.
IOC on its own won rights to seven cities, including Coimbatore and Salem in Tamil Nadu and Guna in Madhya Pradesh.
Most Asian markets slipped amid reports Washington was about to announce a new round of tariffs on Chinese imports, setting the stage for possible reprisals by Beijing.