Search Results for: oil supply

Apple fined whopping $1.2 billion for its sale practices

The tech giant has been found guilty of meddling with its premium wholesalers and restricting them from decreasing prices on its premium products.

Mar 16, 2020

East Bengaluru residents in a fix after water tanker operators call for strike till March 20

Bangalore Water Supply and Sewerage Board (BWSSB) said it will provide water if the residents arrange for the water tankers for transportation.

Mar 16, 2020

Coronavirus: Bengaluru Police raids 210 shops black-marketing masks, sanitisers

Over 200 medical shops were raided in the city for allegedly selling masks and hand sanitisers at exorbitant prices, cashing in on soaring demand due to Coronavirus outbreak.

Mar 15, 2020

Alas! 69,607 people have recovered from coronavirus globally

Now that's a positive relief, an air of optimism to breathe for the infected and their families amidst the soaring number of deaths caused by the deadly coronavirus, and most reports confirming no cure for the infected. Over 50,000 people have recovered in China's Hubei province worst-hit by Covid-19 and Iran has seen over 2,900 recoveries, also few coronavirus victims from India have been cured.

Mar 14, 2020

Flipkart, Unacademy, Meesho and Zerodha issue work from home mandate due to coronavirus

In one of corporate India's biggest work from home experiments battling the spread of coronavirus, Flipkart mandates its 11,000-strong workforce to work-from-home for the next three days. Also, Bengaluru-based startups - Fintech player Instamojo, edtech player Unacademy, Urban mobility platform Bounce, social commerce firm Meesho and Zerodha have asked their staff to mandatorily work from home.

Mar 13, 2020

Coronavirus scares: Contingency planning on top of the agenda for global financial firms

Large financial institutions and corporates are ramping up their contingency planning efforts to combat the spread of coronavirus amongst its staffers, which include telling them to self-quarantine for 14 days if exposed to someone suffering from the virus, deep cleaning of offices and splitting operations such that some staff can work-from-home in affected regions.

Mar 12, 2020

China's slowdown and disruption in supply: Impact of coronavirus outbreak on global trade

With the widespread coronavirus attack on a global rise, it is becoming increasingly difficult for businesses to sustain the growth momentum through the last few weeks. The trade and business in India has been worst hit by $348-million, according to a UNCTAD report. This is much lesser in comparison to the impact borne by the world's leading economies - the EU, the US, Japan and South Korea.

Mar 12, 2020

Economic impact of Coronavirus outbreak: What should global policymakers do to avert crisis?

Besides economic uncertainty that currently exists, the coronavirus outbreak will cost the global economy up to $2 trillion, according to findings in the UNCTAD report. It might trigger a recession in some countries and a deceleration of global annual growth to below 2.5 per cent.

Mar 10, 2020

Death mystery decoded? NDE victim says there is no dimension to time in heaven

Spiritualists strongly argue that near-death experience is unquestionable evidence of life after death

Mar 10, 2020

Mayhem at Dalaal Street: Here what dragged indices on stock market

The cumulative market capitalization on BSE tanked to Rs 137.46 lakh crore today vis-a-vis Friday's close of Rs 144.31 lakh crore amid an intensifying rout in global stocks.

Mar 9, 2020

Aramco trades below IPO price for first time, after OPEC pact unravels

Shares of Saudi state oil company Aramco 2222.SE fell below their initial public offering (IPO) price on Sunday, March 8 for the first time since they began trading in December after the OPEC oil supply cut pact with Russia fell apart on Friday.

Mar 8, 2020

How to sanitize your phones, which carry 10x germs than most toilet seats?

This is important as your phones carry 10 times more germs than most toilet seats and virus can cling to glass surfaces for up to 96 hours.

Mar 7, 2020

Women's Day 2020: Rescue pilot Priya Adhikari is defying sexism in the sky

She is the only female rescue pilot in Nepal and saves numerous trekking enthusiasts who get stuck trying to conquer the treacherous Mount Everest.

Mar 6, 2020

Two Amazon employees tested positive for COVID-19

Shortage of face masks forces South Korea to adopt strange rationing method

People have been buying and misusing face masks, which has become one of the biggest challenges since coronavirus outbreak.

Mar 5, 2020

Karnataka budget: Petrol to increase by Rs 1.60 per litre, diesel by Rs 1.59 from April 1

Karnataka Chief Minister BS Yediyurappa presented the budget for the fiscal year 2020-21 at the Vidhan Soudha on Thursday, March 5. It is his 7th budget and fifth as Chief Minister.