Maiming strike price

OPEC to ease production curbs to fulfill their promise of stable oil prices . Though the average price of crude oil India imports was less than USD 50 per barrel between April and December 2020 and comparable to 2019-20 average rate of USD 60.47 in months thereafter, petrol and diesel prices are at a historic high now as the government has so far not rolled back the taxes it levied when prices plummeted almost a year back. The record taxes coupled with international rates returning to pre-COVID levels on resurrecting demand have meant that petrol has crossed Rs 100 mark in some places in Rajasthan, Madhya Pradesh and Maharashtra. Speaking at the CERAWeek conference by IHS Markit , Oil Minister Dharmendra Pradhan said India, where fuel demand is recovering to pre-pandemic levels, wants reasonable and responsible oil prices. India, the world's third-biggest oil importer and consumer, had supported the decision of the oil producers' cartel OPEC and its allies to cut ... » Learn More about India asks OPEC+ to fulfill promise of stable oil prices

utility vehicles maker Isuzu on Thursday said it will increase prices of its commercial pick-up range D-MAX Regular Cab and D-MAX S-CAB by Rs 1 lakh with effect from April 1. The increase in price is due to the increasing costs of production, transportation and logistics, Isuzu Motors India said in a statement. At present, D-MAX Regular Cab prices start at Rs 8.72 lakh and that of D-MAX S-CAB begins at Rs 10.7 lakh. The company had in January hiked the prices of the two models by Rs 10,000 to offset increasing input and distribution costs. Apart from the commercial pick-up range, Isuzu also sells ISUZU D-MAX V-Cross, a lifestyle and adventure pick-up and ISUZU mu-X, a premium 7-seater SUV in the personal vehicles segment. ... » Learn More about Isuzu to increases prices of D-MAX range of commercial pick-up trucks

BMW on Thursday launched MINI Countryman in India. It is available in two petrol variants: MINI Countryman Cooper S, and MINI Countryman Cooper S JCW Inspired priced at INR 39.5 lakh and INR 43.4 lakh, respectively. Both prices are ex-showroom. They will be available in six colours including Sage Green (new), White Silver (new), Midnight Black, Chilli Red, Island Blue and British Racing Green. The new MINI Countryman is powered by the latest MINI TwinPower Turbo Technology. It comes equipped with a 2-litre 4-cylinder petrol engine and mobilises a peak output of 192 hp/141 kW at 5,000 – 6,000 rpm and produces a maximum torque of 280 Nm at 1,350 – 4,600 rpm. It sprints to 100 km/hr in 7.5 seconds and the top speed is 225 km/hr. Further, it gets 7-Speed Double Clutch Steptronic Transmission in Cooper S and the 7-Speed Double Clutch Steptronic Sport Transmission in Cooper S JCW. The car sports newly designed front and rear bumper, radiator grille, LED headlights and LED Rear ... » Learn More about BMW launches MINI Countryman in India at starting price of INR 39.5 lakh

LONDON: A four-month rally in the oil futures price from below $40 a barrel to above $60 now is out of step with demand, analysts and traders say, with physical sales only expected to match supply later in 2021. The price has surged since the start of November, buoyed by expectations of an economic recovery as governments promise more stimulus, producers rein in output and vaccine rollouts offer hope that the worst effects of the COVID-19 pandemic are over. But physical demand for crude from refiners and other end users has yet to catch up, with cargoes to key markets like China broadly trading at lower prices amid sluggish sales. "The current rally is not justified by oil market fundamentals, therefore it must be driven by financial investors. They are basically borrowing physical demand from the second half of the year," said PVM Oil analyst Tamas Varga. J.P. Morgan said the benchmark Brent futures contract , which neared $68 a barrel last week before slipping to ... » Learn More about Sluggish physical oil sales struggle to match futures price surge

DUBAI/MOSCOW: OPEC and its allies in will decide on Thursday whether to freeze oil output or raise it slightly from April as a recent price rally is clouded by concern over the fragility of economic recovery during the COVID-19 pandemic. The market has been expecting the OPEC+ group of producers to ease supply cuts by about 500,000 barrels per day (bpd) from April. OPEC's de facto leader Saudi Arabia has also been expected to partially or fully end its voluntary production cut of an additional 1 million bpd. But three OPEC+ sources said on Wednesday that some key members of the Organization of the Petroleum Exporting Countries (OPEC) had suggested that output across the OPEC+ group should be kept unchanged. It was not immediately clear whether Saudi Arabia would end its voluntary cuts or extend them, they said. Russia has been insisting on raising output to avoid prices spiking any further and lending support to shale oil output from the United States , which is not ... » Learn More about OPEC+ debates whether to raise or freeze oil output as price recovers

Video Player Close ROME, March 4 (Xinhua) -- World food prices continued to climb for the ninth consecutive month in February, the United Nations Food and Agriculture Organization (FAO) reported Thursday. The FAO Food Price Index, which tracks monthly changes in the global prices of food commodities, rose 2.4 percent higher in February from the previous month, and 26.5 percent higher from a year ago. The overall index is at its highest level since July 2014, led by big gains in prices for vegetable oil and sugar. The cereal price index rose an average 1.2-percent from January. Sorghum prices rose the most in February, climbing 17.4 percent during the month and up 82.1 percent over last year. FAO said the biggest factor behind the rise was strong demand from China. Corn prices rose just 0.9 percent in February but were still up 45.5 percent from the previous year. Wheat prices were stable in February, FAO said. The dairy price index climbed 1.7 percent for the month, ... » Learn More about Food prices gain again, with oil and sugar reaching multi-year highs: FAO index

IMAGE: Only 14 games have been completed so far in the 34-match tournament. Photograph: Pakistan Super League/Instagram Pakistan has suspended its flagship cricket tournament, which started last month, after seven team personnel tested positive for COVID-19, the cricket board said on Thursday. Teams competing in the country's highest profile sporting event, in which international players also participate, were all present in the southern city of Karachi, where matches were being played. "The health and wellbeing of all participants is paramount," a cricket board statement said. The decision to suspend the HBL Pakistan Super League (PSL) 6 with immediate effect was made following a meeting with the team owners, it said. The decision was made after seven cases were reported in the competition, which started on February 20. A Pakistan Cricket Board official told Reuters that three international players were among the seven who tested positive. Officials did not ... » Learn More about Pakistan suspends PSL after COVID-19 strikes teams

#Tamil Nadu The radicalisation menace in Tamil Nadu was brushed aside for too long, until the NIA exposed it in 2014 #Tamil Nadu Tamil Nadu should show the way to India in keeping out BJP: Rahul Gandhi #Tamil Nadu SC to hear plea against TN law granting 69% quota in jobs, admissions #Tamil Nadu To conduct Tamil Nadu Assembly polls, Rs 100 plus cr needed: Deputy Chief Minister #Tamil Nadu Tamil Nadu govt announces new gold loan waiver scheme #Tamil Nadu Your success made the great MGR very happy, says PM Modi at Dr MGR Medical University For Quick Alerts Subscribe Now India - 11,156,923 | World - 115,754,544 View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts Just In 10 min ago PM Modi to hold virtual summit with Swedish counterpart on Friday 16 min ago PM Modi to receive CERAWeek Global Energy and Environment Leadership Award ... » Learn More about In IT raids in TN Rs 170 crore unaccounted income detected

#Narendra Modi Modi government is misusing IT department to intimidate those supporting farmers' protest: Rahul Gandhi #Narendra Modi For first time Jawans, JCOs to take part in military conference to be addressed by PM Modi #Narendra Modi Use of PM's photo in petrol pump hoardings violates poll code, should be removed: ECI #Narendra Modi Budget has broadened efforts to link education with employability: PM Modi #Narendra Modi Gujarat Panchayat Election Results 2021: Gujarat firmly with BJP's development agenda, says PM Modi #Narendra Modi PM Modi inaugurates Maritime India Summit 2021, says USD 82 billion being invested in ports For Quick Alerts Subscribe Now EPFO keeps PF interest unchanged at 8.5% View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts Just In 26 min ago Sasikala's exit will help to fulfil Jayalalithaa's dreams: CT Ravi ... » Learn More about BJP’s star campaigner PM Modi to address 2 rallies before each phase in Bengal

#Coronavirus SOPs for Maharashtra COVID-19 care centres by March 31: Ajit Pawar #Coronavirus Delhi CM Arvind Kejriwal, his parents takes first dose of coronavirus vaccination #Coronavirus Coronavirus cases: India reports 17,407 new COVID-19 cases, records below 100 deaths in last 24 hours #Coronavirus Karnataka health officer vaccinates State minister at home, gets show-cause notice #Coronavirus Mumbai Police to fine 1,000 maskless people per day #Coronavirus Coronavirus cases: India records 14,989 new COVID-19 cases, 98 fresh fatalities in past 24 hours For Quick Alerts Subscribe Now India - 11,156,923 | World - 115,754,544 View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts Just In 10 min ago PM Modi to hold virtual summit with Swedish counterpart on Friday 17 min ago PM Modi to receive CERAWeek Global Energy and ... » Learn More about Pakistan’s COVID-19 death toll breaches 13,000