Crude oil prices near 2-month lows. What’s next?

Crude oil prices near 2-month lows. What’s next?

Oil prices dropped to a near two-month low on receding tensions in the Middle East, a complex interplay of escalating supply levels, demand worries, and challenging economic indicators. The global benchmark, US WTI crude currently clinging below $80 a barrel, has lost more than 10% from a near two-year high tested last month. A similar … Read more

Residents of J.P. Nagar layout in Bengaluru to boycott Lok Sabha elections over Cauvery water supply issues  

Residents of J.P. Nagar layout in Bengaluru to boycott Lok Sabha elections over Cauvery water supply issues  

Over a hundred residents from Royal Lakefront Residency have signed a letter to the Chief Electoral Officer.  | Photo Credit: special arrangement The water crisis in Bengaluru has now hit the Lok Sabha elections too with residents of a layout in J.P. Nagar deciding to boycott the polls, owing to the apathy by the Bangalore … Read more

Regular upkeep of infra making uninterrupted power supply possible: NPDCL CMD

Regular upkeep of infra making uninterrupted power supply possible: NPDCL CMD

CMD of TSNPDCL K. Varun Reddy. | Photo Credit: By Arrangement hyderabad Chairman and Managing Director of Northern Power Distribution Company of Telangana Ltd (TSNPDCL) Karnati Varun Reddy has attributed the quality power supply without any interruptions being provided to the consumers in the areas covered by the Discom to the better upkeep (maintenance) of … Read more

KFL to supply customised feed to Guruvayur Devaswom’s cows

KFL to supply customised feed to Guruvayur Devaswom’s cows

The Kerala Feeds Limited (KFL) has forayed into customised feed production and the first such consignment of the public sector undertaking was sent to the three cowsheds run by the Guruvayur Devaswom. KFL chairman K. Sreekumar flagged off the consignment with loads of Gokulam and Gokulam-Plus brands of the company at its headquarters in Kallettumkara, … Read more

Pork prices surge across Karnataka due to supply shortage and piggery closure

Pork prices surge across Karnataka due to supply shortage and piggery closure

Pandi Curry, a renowned delicacy in Kodagu, is often served during important occasions, including weddings. In Kodagu, where pork is considered a delicacy, the price of pork has doubled in the last three months. | Photo Credit: Divya Chandran Pork prices have been steadily increasing in various parts of Karnataka over the past few months, … Read more

Tailwinds get stronger due to fiscal discipline; 5 construction & contracting companies having upside potential of up to 30%

Tailwinds get stronger due to fiscal discipline; 5 construction & contracting companies having upside potential of up to 30%

Synopsis While it was an interim budget, on one count it gave more indications even than a full budget. That count is the path which interest rates may follow. If one goes by the reaction of the debt market and the benchmark G-sec yield, the probability of interest rates coming down has increased very sharply. … Read more

Wipro Management on Q3 earnings, company outlook and more

Wipro Management on  Q3 earnings, company outlook and more

“One indication that could be important to follow for us is what is going on in the consulting space. As you know, we have made significant investments in consulting and strategic decisions to help us transform our organization,” says Thierry Delaporte, CEO, Wipro. “On deal wins, we are continuing to see a strong momentum in … Read more

Oxygen supply scam accused seeks FIR quashing, Bombay High Court sees no urgency

Oxygen supply scam accused seeks FIR quashing, Bombay High Court sees no urgency

The Bombay High Court issued a notice to the Economic Offences Wing (EOW) of Mumbai Police to reply to a plea for quashing an FIR registered against Romin Chheda who is said to be close to Shiv Sena (UBT) leader Aditya Thackeray. However, the bench of Justices Ajay Gadkari and Shyam Chandak refused to grant … Read more

Supply power to farmers continuously for five hours in three shifts every day: Siddaramaiah to Escoms

Supply power to farmers continuously for five hours in three shifts every day: Siddaramaiah to Escoms

Siddaramaiah | Photo Credit: Amid protests by farmers over inadequate supply of power and attack by the Opposition, Chief Minister Siddaramaiah on Friday held a review of the Energy Department and gave instructions to the MDs of electricity supply companies (Escoms) that electricity should be supplied to farmers continuously for five hours in three shifts … Read more