HEAD EAST
Get your view of London's Buck Balc
From July 15, commoners can wave from Buckingham Palace's balcony, approved by Charles. The East Wing is open as part of the palace's Disneylanded gentrification. Net curtains block selfies, but visitors can view what Queen Victoria saw during the Crimean War. Booking a London trip won't include Earl Grey with Charles. This historical spot might generate funds now.
Singapore container ship logjam spills over to Malaysian port
The maritime logjam is being caused by ships avoiding the Suez Canal and Red Sea due to attacks by Houthi rebels, who support Hamas in the war with Israel.
Crude oil prices at two-month highs. What is causing the surge?
Crude oil prices rose 6% in June due to OPEC+ production cuts and US summer fuel demand. WTI, Brent, and MCX futures gained. Geopolitical risks, hurricanes, like Hurricane Beryl, influenced prices. Energy agencies predict slower oil demand growth and surplus amid energy transitions. China's and India's demand are key. Fed rate cut decisions also impact oil markets.
Tariff hikes, 5G monetisation moves hint Jio’s headed for IPO
Reliance Jio Infocomm is raising tariffs and monetising its 5G business, potentially leading to an IPO next year, with clarity expected at Reliance Industries' AGM. Valued at $133 billion, it could be India's largest IPO. Improved ARPU aims to attract investors. RIL, Meta, and Google are significant stakeholders. Financial improvements expected FY24-27. Bharti Airtel and BSE mentioned.
Oil prices edge higher as supply risks mount
Oil prices responded to geopolitical tensions and supply disruptions, with concerns over fuel demand dynamics. The market saw gains in Brent and WTI futures amidst heightened uncertainties, while attention remained on the impact of geopolitical conflicts on oil supply. Anticipation of increased gasoline consumption over the July 4th weekend offered some relief amid persisting demand challenges.
After a 13% rally so far this year, is upside in MCX crude oil futures capped?
European Union's sanctions and China's economic concerns pose challenges for oil demand. Amidst the ongoing rally, uncertainties like a potential ceasefire in Gaza and China's economic health could influence oil prices. Expert projections hint at sustainability hurdles for the current uptrend in crude oil prices.
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NHAI InviT head Suresh Goyal to quit
Prior to joining NHAI InvIT, Goyal was the Head of Macquarie Infrastructure and Real Assets for South East Asia & India region. Under Goyal, Macquarie Group had won the rights to manage 648km of national highways by bidding Rs 9,682 crore in an auction National Highway Authority of India (NHAI) in 2018.
Kanchanjunga Express accident: ECR suspends issuing of T/A 912, directs drivers to maintain caution
The East Central Railway (ECR) has suspended the T/A 912 written authority letter for train drivers to cross signals in case of automatic signal failure. The decision was taken at a safety meeting, following a Kanchanjunga Express-goods train collision that killed 10 people. The ECR's circular stated that the T/A 912 would not be issued until further advice, and instead, the provision of G&SR 9.02 will be used for double line.
What is Maya hiding in EastEnders? Here are the details
Fans are curious to know about a potential secret of Maya in the EastEnders. In an upcoming episode, fans will know if Jean will stumble upon Maya’s secret.
Does the future of South Asian cuisine lie in the Middle East?
Food in other South Asian countries has changed since 1947. One of the biggest influences is the Gulf states, where millions from across this region have flocked to work. This has become the place where South Asian cultures and cuisines really connect, meeting Middle Eastern food and coming back here in shawarmas and other foods
The make-up reality: East India eyes it, faces it, nails it
East India accounts for over a third of all cosmetics sold in India, with higher makeup usage per person compared to other regions. Companies like Modi Enterprises, selling Colorbar brand, find the region a hotspot for launches and product innovation.
Chinese fighter jets approached Dutch ship 'unsafely', Netherlands says
Chinese air force jets circled a Dutch frigate and approached a Dutch helicopter in the East China Sea in a potentially unsafe situation, according to the Netherlands' Defense Ministry.
A dozen consumer companies line up IPOs amid a thriving stock market
India's primary market anticipates a dozen consumer-facing companies to launch IPOs this year to capitalize on market potential. Companies like Coca-Cola's bottling partner HCCB, CG Foods, Allied Blenders & Distillers, Urban Tots, Cremica Food, Patel's R Mart, PNG Jewellers, Baazar Style Retail, Unicommerce eSolutions, One Mobikwik Systems, and Swiggy are among those planning IPOs.
Wipro's Switzerland head quits; Bruno Schenk to take over
Indian IT major Wipro on Monday appointed Bruno Schenk succeeds René Mulder, who joined Wipro in February 2021 and has decided to pursue opportunities outside Wipro.
AAP's Somnath Bharti dismisses BJP's mega victory chances, says 'I will shave off my head if Mr Modi becomes PM...'
Lok Sabha Exit Polls: AAP leader Somnath Bharti made a bold statement, vowing to shave his head if Prime Minister Narendra Modi secures a third term and the BJP-led NDA returns to power. Dismissing exit poll predictions, Bharti confidently asserted that Modi will not win again and claimed that the INDIA alliance will sweep all seven Delhi constituencies. Opposition leaders, including Congress president Mallikarjun Kharge, expressed skepticism about the accuracy of the exit polls and predicted that they will secure over 295 seats to form the next government. A meeting of opposition leaders was held to discuss their preparedness ahead of the election results announcement on June 4.
RVNL shares rally over 1,000% in 2 years. Should investors book profits or buy the dip?
RVNL Share Price: RVNL shares have surged over 1,000% in 2 years driven by strong order inflows and execution. Investors are debating whether to book profits or buy the dip.
Party flag changes, while BJP's Adhikaris put up best bet against TMC to retain family stronghold
Contai has seen significant changes over the years. Sisir Adhikari's rise began as a gram panchayat member in 1962, eventually becoming a three-time MP and a junior Union minister. Soumendu now carries the heavy burden of these expectations and is leaving nothing to chance.
"He has been abusing army, won't get any votes": Manoj Tiwari criticizes opponent Kanhaiya Kumar
BJP candidate Manoj Kumar criticized opponent Kanhaiya Kumar for betraying the country, urging voters to support PM Modi. Voting began for all seven Delhi Lok Sabha constituencies, with high voter turnout reported compared to previous elections.
North East Delhi Lok Sabha Polls: Local issues in spotlight as BJP's Manoj Tiwari takes on INDIA bloc's Kanhaiya Kumar
North East Delhi constituency, which has the maximum concentration of Muslim voters in Delhi at 20.7%, is divided along communal lines. The epicentre of the Delhi riots of 2020 which claimed 53 lives and left 583 injured, North East Delhi is witnessing a tight contest between two-term BJP MP Manoj Tiwari and Congress' Kanhaiya Kumar, a former CPI leader involved in students politics.
Iranian President Ebrahim Raisi and Foreign Minister Amirabdollahian dead in helicopter crash
Iranian President Ebrahim Raisi, 63, and his foreign minister Hossein Amirabdollahian were confirmed dead in a helicopter crash. Rescue teams faced harsh conditions to reach the wreckage in East Azerbaijan province. Initial reports suggest the helicopter hit a mountain peak. Raisi's presidency was marked by strict moral laws, crackdowns on protests, and intense nuclear negotiations.
BJP resorting to violence in face of defeat: Congress after 'attack' on Kanhaiya Kumar
Congress condemns BJP for violence against Kanhaiya Kumar, asserting confidence in a historic defeat. Jairam Ramesh highlights Congress's Gandhian identity and commitment to fighting for justice, criticizing BJP's hooliganism and fear tactics.
Two trains with petrol, diesel head to Tripura amid fuel crisis
Two trains carrying fuel to Tripura amidst a crisis caused by disrupted railway services in Assam's Dima Hasao. Restoration work on tracks underway, as services remain disrupted since April 26.
Wipro elevates Vinay Firake to head APAC, India, Middle East and Africa
Vinay Firake appointed CEO APMEA at Wipro, succeeding Anis Chenchah. Srini Pallia leads. Delaporte resigned, Hari Shetty elevated. Chenchah supports till May 31, 2024. Firake's educational background includes Wharton and Harvard Business School.
Oil prices up on stronger Chinese data, Middle East conflict
In the previous session, oil prices edged up to a one-week high on data of rising crude oil imports in China in April and as investors saw the cooling U.S. job market as an indication of possible interest rate cuts.
Gold edges down as Middle East worries ebb
Spot gold was down 0.1% at $2,320.19 per ounce, as of 0115 GMT, having hit its lowest since April 5 in the previous session. Bullion's March to April rally drove it up by nearly $400 to an all-time high of $2,431.29 on April 12.
Oil prices head back up on Middle East jitters
Brent crude futures climbed 34 cents, or 0.38%, to $90.08 a barrel, while U.S. West Texas Intermediate crude futures rose 44 cents, or 0.51%, to $85.45, at 0033 GMT.
Ericsson names Andres Vicente head of South East Asia, Oceania & India market area
Andres Vicente appointed as Ericsson's Market Area head for South East Asia, Oceania & India, succeeding Nunzio Mirtillo. Vicente, with Vodafone experience, to join on May 1 in Singapore, focusing on innovation co-creation. Vicente, in turn, said the `Market Area South East Asia, Oceania & India’ is one of the most exciting growth regions for Ericsson. “I’m excited to soon be working alongside them and with our customers to co-create the innovations that will shape our industry and enable mutual success.”
Oil heads for weekly gain as Middle East conflict rages unabated
Oil prices were on track for over 5% gains week-on-week on Friday, amid persistent tensions in the Middle East after Israel rejected a ceasefire offer from Hamas.
Oil prices headed for weekly gains as Israel rejects ceasefire offer
Oil prices rose in early trade on Friday, on track for weekly gains, with tensions persisting in the Middle East after Israel rejected a ceasefire offer from Hamas.
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