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TOKYO: Oil prices slid more than 1 per cent on Tuesday, extending losses that began last week, as expectations that OPEC would agree to raise oil supply in a meeting this week added to pressure and worries over slowing demand in China dampened sentiment. Brent crude dropped 70 cents, or 1.1 per cent, to $62.99 a barrel by 0457 GMT, after losing 1.1 per cent the previous day. U.S. West Texas Intermediate (WTI) crude fell 71 cents, or 1.2 per cent, to $59.93 a barrel, having lost 1.4 per cent on Monday. They both touched the lowest in more than one week. Expectations that the Organization of the Petroleum Exporting Countries and its allies, a group known as OPEC+, would boost oil output from April are pushing prices lower, said Satoru Yoshida, a commodity analyst with Rakuten Securities. "Concerns over an increase in OPEC+ supply and an end of Saudi Arabia 's voluntary cut of 1 million barrels per day (bpd) this month weighed on oil prices," he said. The group meets ... » Learn More about Oil slides 1% on fears over higher OPEC supply, slower China demand

An agreement between India and Pakistan, however tenuous, has its own meaning and impact. IMAGE: Indians soldiers at the Line of Control, the border separating India and Pakistan. Photograph: PTI Photo Winds of change have begun to blow in different parts of the world in the end of February 2021, with some potential for major changes in the future. Chinese troops have agreed to mutual withdrawal in the Pangong sector in Ladakh without any particular gain. President Joe Biden launched his first attack abroad, against Iranian supported areas in Syria, justifying it as a warning to Iran. In a delicate balancing act, he has imposed sanctions on certain individuals in Saudi Arabia for the gruesome murder of Jamal Khashoggi , without personally hurting the mastermind. And, surprises of surprises, India and Pakistan have pledged to honour the 2003 cease fire agreement without any apparent provocation. It looked more like formalising a de facto situation as the ... » Learn More about Silent guns on LoC raise hopes of peace

Singapore’s Hindu Endowments Board (HEB) is taking steps to improve the tracking of all movements of gold items within the four Hindu temples that it manages, the Culture Minister said on March 1, weeks after a former Indian temple chief priest was charged with misappropriating and pawning gold jewellery. Edwin Tong, Minister for Culture, Community and Youth, told Parliament on March 1 that the temples’ management committees would tighten oversight of the gold inventories in their temples, Today newspaper reported. The HEB will also carry out more audits each year, including unannounced ones, Mr. Tong said. Mr. Tong was replying to a question asked by parliamentarian Murali Pillai if the HEB had done a review of the case at Sri Mariamman Temple and if steps were being taken to prevent a repeat. Kandasamy Senapathi, the former chief priest of the 149-year-old Sri Mariamman Temple, was charged on February 16 with allegedly misappropriating 172 pieces of jewellery from the temple ... » Learn More about Singapore’s financial management board of Hindu temples to tighten measures to keep track of gold inventory

'My risk appetite is medium.' Illustration: Dominic Xavier/ Rediff.com Omkeshwar Singh , Head, Rank MF, a mutual fund investment platform, answers your queries: Santosh Iyer : I have investments in the following mutual funds (all growth option). Please advise whether I can continue with them or should change. HDFC Equity Fund ICICI Pru All Seasons Bond Fund ICICI Pru Balanced Advantage Fund ICICI Pru Debt Management Fund ICICI Pru Regular Gold Savings Fund ICICI Pru Sensex Index Fund SBI Magnum Constant Maturity Fund UTI Ultra Short Term Fund Omkeshwar Singh : Continue with 2, 3, 4, 6, 7, 8 These can be considered: Instead of 1. – Axis Bluechip – Growth Instead of 5. – SGB can be considered and if through MFs than please continue Yogendra Sharma : I am 62 year old, and want to invest 3-5 Lakhs in Mutual funds. I also want to invest in SIP (up to 5000 per month for 1-2 years). I shall be thankful if you can kindly give me the best ... » Learn More about MFs for medium and high-risk investors

'I come from very poor background. I want to be grow financially strong.' Ajit Mishra , vice president, Research, Religare Broking, answers your stock market queries: Abhishek Chaurasia : I need some view of Mr Ajit Mishra on my portfolio which are mention below: please do let me know HOLD or EXIT. Ajit Mishra : Alembic Pharma @971 Hold Black Rose Indus @136 Hold HDFC Life Insur. @572 Hold Indian Hotels Co @67 Exit IOL Chemicals @819 Hold Manappuram Fin. @159 Hold Trident @7.30 Exit Yes Bank @16.57 Exit Sugavanam Padmanaban : Looking for long term investment (3-5Y) for Wealth creation and hold the following stocks in my portfolio. Could you suggest for adding more and weightage split? Thanks in advance for your support. Ajit Mishra : You can add Aurobindo, Coromandel, SBI Cards and ITC in a staggered manner Aurobindo pharma- 15 @700 Hold Coromandel International - 15 @ 515 Hold Dhabriya ... » Learn More about ASK AJIT: ‘How can I make money?’

Amid subdued growth in the urban markets, Nestlé India is looking to aggressively expand its footprint in the rural markets, with a target to reach 1,20,000 villages in the next 2-3 years, bolstered by targeted products as well as campaigns, Suresh Narayanan, Chairman and Managing Director, Nestlé India said. Speaking to select mediapersons, Mr. Narayanan said for the next few quarters, the rural market is expected to continue to outpace urban markets in terms of growth. The company had taken steps in the last 2-3 years to enhance the rural footprint and the number stood at 89,000 villages in 2019, from 1,000 villages in 2017, he added. “The target that we have got is to reach 1,20,000 villages — that is all villages with a population of more than 5,000. That is the kind of reach we are looking to establish in the next 2-3 years. There is a very strong determination as far as expanding our rural footprint is concerned,” Mr. Narayanan said. The company, for which currently a third ... » Learn More about Nestlé keen to expand rural footprint

(Subscribe to Science For All, our weekly newsletter, where we aim to take the jargon out of science and put the fun in. Click here .) A colossal dinosaur dug up in Argentina could be the oldest titanosaur ever found, having roamed what is now Patagonia some 140 million years ago at the beginning of the Cretaceous period, scientists said Sunday. The 65-foot lizard, Ninjatitan zapatai , was discovered in 2014 in the Neuquen province of southwest Argentina, the La Matanza University reported on its analysis. "The main importance of this fossil, apart from being a new species of titanosaur, is that it is the oldest recorded for this group worldwide," a statement quoted researcher Pablo Gallina of the Conicet scientific council as saying. Also Read Bus-sized dinosaur fossil dug up in Egyptian desert Titanosaurs were members of the sauropod group — gigantic plant-eating lizards with long necks and tails that may have been the largest animals ever to walk the ... » Learn More about Argentine titanosaur could be the oldest ever found: study

For Quick Alerts Subscribe Now Rahul Gandhi terms grandmother Indira Gandhi's 'emergency a mistake' View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts #Cyber Attack How a warning about ShadowPad, Red Echo saved the national power grid from being hacked #Cyber Attack India is second biggest target of cyber criminals in Asia Pacific: Report #Cyber Attack Agencies continue to thwart China cyber attacks on India #Cyber Attack India faced three times the cyber attack than the global average #Cyber Attack Jitendra Singh says, Kundankulam nuclear power plant cyber attack an error #Cyber Attack Government new snoop on computers order challenged in SC Just In 1 hr ago Manipur’s news website becomes first target of new rules on digital media, later withdrawn 1 hr ago TMC writes to EC over PM Modi’s photo on Covid-19 vaccination doc ... » Learn More about On cyber attack on India, US says cannot allow China to dominate

CHENNAI : Property registrations have plunged after the model code of conduct for the April 6 state assembly election came into force, with sub-registrar offices in the city and its peripheries reporting a significant drop on Monday compared to last month. Revenue through property registrations was facing a deficit of Rs 809 crore in 2020-21 over 2019-20. February 2021 recorded a revenue of Rs 1,386.6 crore, the highest in the past 11 months. Registration department data shows that the Selaiyur sub-registrar office, under Chennai South, barely had 60 registrations against a daily average of 300. Of this, only 10 were land registrations. The office at Red Hills, under Chennai North, had just 65 registrations on Monday against a daily average of 120-140. “Most of the documents registered pertained to memorandums of deposit of title deeds, gift deeds and settlement deeds,” an official said. People with more than Rs 50,000 in cash must show receipts for the source of money ... » Learn More about Revenue from property registrations drops in Chennai

September 15, 2020 11:13 Businesses will pay the smallest bonuses for the upcoming Chuseok or Korean Thanksgiving since records began in 2012, as they feel the effects of the coronavirus epidemic. Only 51.3 percent of 1,140 companies surveyed by job portal Saramin said they will pay Chuseok bonuses to their employees this year, compared to 53.9 percent last year. The average bonus they will hand out will be W586,000, down W61,000 from last year's W647,000 and the lowest level since 2012 (US$1=W1,184). Large companies plan to pay out W920,000, while midsize and small businesses will hand out W680,000 and W510,000. Asked why they plan to pay bonuses, 44.3 percent said they want to boost employee morale in this difficult time of coronavirus. Some 35.2 percent said it is in line with company pay rules, while 24.4 percent hope to improve employee loyalty and 18.1 percent to cover part of Chuseok spending for staff. Companies were allowed to give multiple answers. Among 555 ... » Learn More about Companies to Pay Smallest Chuseok Bonuses This Year