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Oil slides 1% on fears over higher OPEC supply, slower China demand

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

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Silent guns on LoC raise hopes of peace

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

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PM Modi inaugurates Maritime India Summit 2021, says USD 82 billion being invested in ports

For Quick Alerts Subscribe Now All private hospitals can operate as Covid-19 vaccination centres: Centre tells States View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts #Narendra Modi Gujarat Panchayat Election Results 2021: Gujarat firmly with BJP's development agenda, says PM Modi #Narendra Modi Saddened by demise of BJP MP Nand Kumar Singh: PM Modi #Narendra Modi Inspired, humbled says Bharat Biotech after PM Modi gets vaccination #Narendra Modi Asaduddin Owaisi questions PM Modi over Covishield's efficacy #Narendra Modi Karnataka CM, cabinet colleagues hail PM Modi for getting COVID vaccine dose #Narendra Modi PM Modi's move to get inoculated would instil confidence among people, remove hesitancy: AIIMS chief Just In 33 min ago Rahul Gandhi terms grandmother Indira Gandhi's 'emergency a mistake' 1 hr ago All private ... » Learn More about PM Modi inaugurates Maritime India Summit 2021, says USD 82 billion being invested in ports

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On cyber attack on India, US says cannot allow China to dominate

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

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Amity, social harmony in Kerala under stress: Sonia Gandhi

For Quick Alerts Subscribe Now SP, RJD abandon Left, Congress in Bengal, extend support to Mamata View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts #Kerala Assembly Elections 2021 BJP reaches out to Christian community in poll-bound Kerala #Kerala Assembly Elections 2021 Sreedharan's entry a 'gimmick'; BJP will remain marginal player in Kerala: Congress #Kerala Assembly Elections 2021 Will bring in law to prevent 'love jihad' in Kerala if voted to power: BJP #Kerala Assembly Elections 2021 TN, Bengal, Kerala, Puducherry, Assam elections 2021: Full polling, counting schedule #Kerala Assembly Elections 2021 Vijayan slams Rahul over tractor rally, says Cong's policies responsible for farm sector crisis #Kerala Assembly Elections 2021 Fisherfolk need independent ministry, not just a department: Rahul after PM Modi jibe Just In 13 min ago ... » Learn More about Amity, social harmony in Kerala under stress: Sonia Gandhi

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‘Ill considered demonetisation decision’ to be blamed for unemployment: Manmohan Singh

For Quick Alerts Subscribe Now SP, RJD abandon Left, Congress in Bengal, extend support to Mamata View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts #Demonetisation PM Modi did not discuss demonetisation: Pranab Mukherjee in memoir #Demonetisation Four years since demonetisation, what PM Modi said on the move #Demonetisation Three decisions that sent economy into a tailspin #Demonetisation CAA-NRC-NPR is demonetisation 2.0: Rahul Gandhi on Congress’ 135th foundation day #Demonetisation No need to worry: Govt dismisses reports on banning Rs 2,000 note #Demonetisation Tamil Nadu siblings save Rs 46K for 10 yrs, but all banned notes Just In 13 min ago Assam Polls: 200 units of free electricity, no CAA, among Congress’ ‘five poll guarantees’ 1 hr ago SP, RJD abandon Left, Congress in Bengal, extend support to Mamata 1 hr ... » Learn More about ‘Ill considered demonetisation decision’ to be blamed for unemployment: Manmohan Singh

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