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Also Read: US sanctions threaten Russian oil sales to India; complicate process for OMCs to secure annual deals: Report Back home, on the Multi Commodity Exchange (MCX), crude oil futures due for a March 19 expiry, last settled 0.02 per cent lower at ₹6,637 per bbl, having swung between ₹6,475 and ₹6,694 per bbl during the session, against a previous close of ₹6,638 per barrel. -A decision on extending OPEC+ cuts is expected in the first week of March, with individual countries expected to announce their decisions. Analysts said that the expectation that OPEC+ is going to continue with their voluntary production cuts well into the second quarter of 2024.

Indian Navy will commission Naval Detachment Minicoy as INS Jatayu on March 6, a move that seeks to «incrementally augment» security infrastructure at the strategically important Lakshadweep Islands, according to officials. The commissioning will take place in the presence of Navy Chief Adm R Hari Kumar, they said on Saturday. «The event marks an important milestone in the Navy's resolve to incrementally augment security infrastructure at the strategically important Lakshadweep Islands,» a senior official said. Naval Detachment Minicoy was setup in early 1980s under the operational command of Naval Officer-in-Charge (Lakshadweep).

BJP candidate list 2024: Prime Minister Narendra Modi is all set to fight the Lok Sabha elections 2024 from the Varanasi, Uttar Pradesh, the seat he currently represents in the Lower House of the Parliament. The announcement came as part of Bhartiya Janata Party's first list of 195 candidates, which was released on Saturday. This is the third time PM Modi is contesting the Lok Sabha elections from Varanasi.

Rameshwaram cafe blast that occurred on Friday. Moments before the explosion, he had stepped out to answer a phone call from his mother. Recounting the close call, the techie from Patna told NDTV that he is a regular visitor to the cafe and after taking dosa he was proceeding towards his usual seat when his mother rang up. As there was some bit of noise around, he stepped away a bit to speak with his mother. Then there was a huge blast and black smoke all around, he said, adding that the noise was so loud that people were holding their ears. The software professional said that he will not hesitate to go the cafe again after it reopens and hopes there will be more security measures in place. The cafe, located at Whitefield's Brookfield area, is usually crowded with employees from nearby offices during the lunch hours. A Press Trust of India report, citing an eyewitness, said that at the time of the explosion there were around 35-40 people at the eatery. The blast, occurring between 12:50 pm and 1 pm, resulted in injuries to 10 individuals, including hotel staff and customers, who are currently receiving medical treatment.

Mint, requesting anonymity. This follows a company-wide email by founder Byju Raveendran on Saturday which said that the firm was facing difficulties in disbursing February salaries to its approximately 20,000 employees. The company's monthly salary expenditure amounts to about $10 million, the person cited above said.

Follow Bengaluru Rameshwaram Cafe blast LIVE Updates here Here are the latest developments in connection with the Rameshwaram Cafe blast: 1. The Bengaluru Police registered a case under the stringent Unlawful Activities (Prevention) Act and Explosives Substances Act in connection with the explosion at the popular quick-service eatery. 2. Sleuths of the Central Crime Branch probing the case are interrogating the four detained for questioning in the Rameshwaram Cafe blast case, sources told news agency PTI.

electric two-wheeler (E2W) market in India saw a significant surge in registrations during February 2024, indicating a robust 24% year-on-year growth in high-speed scooters. According to data sourced from Vahan, this surge reflects the growing traction of electric vehicles in the country, with key players making strides in this evolving sector. In February, registrations of high-speed E2Ws reached a total of 81,963 units, maintaining a steady month-on-month status. It's worth noting that the presence of an additional day in February contributed to this growth. The year-to-date average monthly run rate stood at 73,190 units, showing a remarkable 21% increase compared to the previous fiscal year's average of 60,500 units. The electric two-wheeler penetration rate for February 2024 reached 5.7%, a slight increase from January's 5.6%, highlighting the sustained momentum of E2Ws in the market.

US Securities and Exchange Commissioner Hester Peirce has reiterated her criticisms of her own agency’s approach to cryptocurrencies in a recent appearance at ETH Denver.

Indian Coast Guard (ICG) jetty at Vadinar in Gujarat's Devbhumi Dwarka district as a step towards augmenting infrastructure development in the ICG's strategically important North-West region. While inaugurating the jetty on Friday, the Union minister lauded the role played by the ICG in safeguarding national maritime interests in its areas of responsibility, an official release said. «The development of the jetty was undertaken by the Deendayal Port Authority (DPA) as a deposit work at a cost of Rs 74 crore,» the ICG said in the statement. On average, the headquarters deploys 10 to 12 ships and two to three aircraft daily for security, surveillance, and to keep constant vigil at sea, it said.

crypto market, attracting a wave of new investors and igniting a surge in trading activity. This positive momentum has created a ripple effect of optimism that transcends Bitcoin alone. Now, as the U.S. Securities and Exchange Commission (SEC) gears up to decide on a potential spot Ethereum ETF hit in May, anticipation is running high for another major milestone in the crypto space. If Bitcoin's dominance in the crypto market is undeniable, Ethereum's unique functionalities and growing ecosystem make it a force to be reckoned with. The Ethereum blockchain and its native currency, Ether (ETH), serve as the backbone for a vast array of decentralized applications and innovative projects. From smart contracts to decentralized finance (DeFi) and non-fungible tokens (NFTs), Ethereum's ecosystem continues to drive unprecedented levels of use cases and activities.

agencies in the European Union and elsewhere have voiced concerns about security risks as Apple opens up its iPhones and iPads to rival app stores to comply with EU tech rules, Apple said on Friday. Under the Digital Markets Act (DMA), from March 7 Apple will be required to offer alternative app stores on iPhones and allow developers to opt out of using its in-app payment system, which charges fees of up to 30%.

By Simon Lewis, Humeyra Pamuk and Jonathan Landay

WASHINGTON (Reuters) — The White House on Friday said the U.S. government was taking seriously an internal watchdog report that the U.S. ambassador to Singapore threatened his staff and failed to submit about $48,000 in travel expenses on time or with proper documentation.

Gold loans are a secured loan where borrowers pledge their gold ornaments or coins as collateral in exchange for funds from a lending institution. The value of the loan is determined based on the purity and weight of the gold pledged.

By Ashish Khandelwal

From sleek and sophisticated designs to vibrant and playful prints, these tote bags are more than just accessories, they serve as a statement of individuality and expression of personal style. Designed with attention to detail, they boast spacious interiors, thoughtful compartments, and durable materials, ensuring not only ample storage for essentials but also longevity in use. Whether you are navigating the corporate world or embarking on weekend adventures, these tote bags effortlessly provide the organisational prowess needed to tackle the day with confidence and flair.

Nagaland assembly resolved to request the Government of India to reconsider its decision, and to abandon the plan of suspending the Free Movement Regime and fencing along the Indo-Myanmar border. The Centre has decided to do away with the FMR with Myanmar and erect fencing along the Indo-Myanmar border. The Free Movement Regime initially allowed travelling up to 40 kilometres without separate permission, which was later reduced to 16 kilometres. The 14th Nagaland Legislative Assembly passed a resolution on the Free Movement Regime (FMR) along the Indo-Myanmar Border.

Conagra Brands' sale of a 51.8% stake in Agro Tech Foods at a 48% discount to the market price and the subsequent mandatory open offer at a 43% discount to Thursday's closing price have raised eyebrows on Dalal Street. Market participants were surprised by this move, likening the decision to suggest that certain midcap stocks are either significantly overvalued or face underlying hidden challenges. On Thursday, Conagra announced the sale of a 51.8% stake in Agro Tech at ₹515 per share, despite the market price being above ₹1,000 apiece. The mandatory open offer of 26% to the public shareholders was set at ₹578 apiece, representing a discount of 43% from Thursday's closing price and a discount of 17% from the average price of the stock over the past year. The stock locked in a 20% lower circuit on Friday to close at ₹804.15.

Day trading guide for Indian stock market today: The impressive real Q3 GDP numbers of India provided the ammunition to the bulls to catapult key benchmark indices of the Indian stock market to all-time highs. The Nifty 50 index gained 355 points and closed at the 22,338 level, the BSE Sensex shot up 1245 points and ended at the 73,745 mark whereas the Bank Nifty index finished 1166 points higher at the 47,286 level. The Indian stock market (equity and F&O) will remain open today as a part of the framework for the business continuity plan and disaster recovery site for stock exchanges and depositories and would involve an intraday shift from the primary to the disaster recovery site.

China said the United Nations Security Council (UNSC) reforms “should benefit all member states rather than serving the selfish interests of a few”, comments that come days after external affairs minister S Jaishankar said “one non-Western country” was blocking UNSC reforms. Chinese foreign ministry spokesperson Mao Ning on Thursday said member states need to seek the broadest possible consensus for a package solution through serious and thorough consultations when it comes to UNSC reforms.