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Oil price to rise? Millions of barrels of Iran oil piled up in China ports

Oil price to rise? Millions of barrels of Iran oil piled up in China ports

Tankers are offloading millions of barrels of Iranian oil into storage tanks at Chinese ports, creating a hoard of crude sitting on the doorstep of the world's biggest buyer.

Two and a half months after the White House banned the purchase of Iran's oil, the nation’s crude is continuing to be sent to China where it's being put into what's known as "bonded storage," say people familiar with operations at several Chinese ports.

Female suicide bomber hits hospital in Pakistan, at least 9 killed

Female suicide bomber hits hospital in Pakistan, at least 9 killed

At least nine people, including six policemen, were killed and around 40 others injured in northwest Pakistan on Sunday in a terror strike on a checkpost and a subsequent suicide blast by a burqa-clad woman at a hospital where the victims of the first attack were shifted.

Ex-Delhi CM and Congress leader Sheila Dikshit passes away at 81

Ex-Delhi CM and Congress leader Sheila Dikshit passes away at 81

Former chief minister Sheila Dikshit passed away on Saturday, hours after she was admitted to Fortis Escorts hospital in New Delhi.

Three-time Delhi chief minister from Congress, Dikshit was brought in the morning of July 20 to Fortis Escorts Heart Institute, Okhla, in a critical condition with a cardiac arrest," the hospital said in a statement.

Punjab CM Amarinder Singh accepts Navjot Singh Sidhu’s resignation

Punjab CM Amarinder Singh accepts Navjot Singh Sidhu’s resignation

Punjab Chief Minister Amarinder Singh on Saturday accepted the resignation of Navjot Singh Sidhu from the Cabinet.

“Captain Amarinder Singh has accepted Navjot Singh Sidhu’s one-line resignation and forwarded the same to the Governor,” said an official spokesperson.

Raghuram Rajan signals Brexit politics deterred him from seeking BOE job

Raghuram Rajan signals Brexit politics deterred him from seeking BOE job

Former Reserve Bank of India governor Raghuram Rajan has indicated the political challenges posed by Brexit were the reasons he didn’t apply to head up the Bank of England.

In an interview with the BBC, Rajan confirmed he hadn’t sought the position and cited the fact that central banking “has become much more political in recent times” as an explanation for why not.

Several states get new Governors, Anandiben Patel transferred to UP

Several states get new Governors, Anandiben Patel transferred to UP

The government Saturday transferred two governors and made fresh appointments in some states.

Former interlocutor on Naga talks R N Ravi has been appointed as Nagaland governor, according to a Rashtrapati Bhavan communique.

RIL Q1 net up 7% at Rs 10,104 crore; Jio, retail boost revenues by 22%

RIL Q1 net up 7% at Rs 10,104 crore; Jio, retail boost revenues by 22%

Reliance Industries Ltd (RIL) on Friday reported a 6.8 per cent increase in its net profit at Rs 10,104 crore for the quarter ended June this year on the back of a record 22 per cent jump in revenue at Rs 1.72 trillion.

Consumer businesses contribute 32 per cent of the consolidated segment gross earnings (or earnings before interest, taxation, depreciation, and amortisation, or Ebitda) for the quarter.

China urges India to join war against protectionism amid trade spat with US

China urges India to join war against protectionism amid trade spat with US

China has said it values India's concerns on the bilateral trade imbalance and is willing to discuss new approaches to address the issue and asked New Delhi to join Beijing in its fight against "unilateralism and protectionism" amidst a bruising trade war with the US.

India for long has been pressing China to open its pharmaceutical market for Indian pharma exports to address the yawning trade deficit which last year according to Chinese figures, crossed $57 billion in a $95.5 billion trade.

Sensex plunges over 550 points, Nifty below 11,500

Sensex plunges over 550 points, Nifty below 11,500

Mumbai: Extending losses for the second consecutive session, market benchmark BSE Sensex plunged 560 points Friday after the government thwarted hopes of a tax relief for FPIs.

Led by a sell-off in auto and banking stocks, the 30-share index cracked 560.45 points or 1.44 per cent to settle at 38,337.01. It hit an intra-day low of 38,271.35 and a high of 39,058.73, swinging 787 points. Similarly, the broader NSE Nifty sank 177.65 points or 1.53 per cent to 11,419.25.

WhatsApp could soon change your chat experience with new voice message feature

WhatsApp could soon change your chat experience with new voice message feature

WhatsApp is reportedly adding granular improvements to its voice message feature on iOS. Currently, when you get a notification for a voice message, you have to open the app to be able to listen to it. Unlike the texts and photos, the voice messages cannot be played from the notification shade. WhatsApp is now testing preview for voice messages in the notification panel on iOS.

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