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What India should do when oil prices have crashed

With crude price low, the govt should think of moving completely to DBT for food, fertiliser and power.




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Eye-catching win: Vicente Luque scores big stoppage after leaving Niko Price with NASTY swollen eye at UFC 249 (VIDEO)

The welterweight battle between Vicente Luque and Niko Price was marked out by many as a potential Fight of the Night candidate at UFC 249 and it didn't disappoint, though it left one of the combatants with a horrific-looking eye.
Read Full Article at RT.com




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Massive LPG price cut: Check how much cheaper your gas cylinder just got

With the latest cut in prices, a 14.2 kg non-subsidised LPG cylinder would cost Rs 581.50, instead of Rs 744 with effect from today.




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Price uniformity: After states hike taxes, Assocham urges Centre to bring petrol, diesel under GST

The central government too had raised excise duty on petrol and diesel by Rs 3 per litre each in March to raise an additional Rs 39,000 crore annually. This hike negated the benefit arising from international oil prices slumping to two-decade lows.




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Petrol, diesel price today: Massive hike in excise duty on fuel by Modi govt. Will it impact you?

Petrol, Diesel Price Today:  Prime Minister Narendra Modi’s government late Tuesday evening increased excise duty on petrol by a record Rs 10 per litre, and on diesel by Rs 13 per litre.




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Listen Up: Cap and Trade's Impact on Fuel Prices

Over 95 percent of climate scientists have concluded that CO2 is the primary cause of global warming. Solving the problem requires a dramatic reduction in CO2 emissions. Some people are altruistic, but almost all businesses are bottom line oriented and will not reduce their CO2 emissions unless they have an economic incentive to do so. There are two realistic incentives: taxing CO2 emissions or setting up a cap and trade program for CO2. Since increasing taxes is politically unfeasible, the most practical approach is with a cap and trade program.





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Carpe Diem: Low Oil and Gas Prices Could Be a Clean-Energy Opportunity

The recent dramatic plunge in oil and natural gas prices, to their lowest level since the global recession in 2009, has some observers worried about the effect on clean tech. Conventional wisdom has it that renewables have a tougher time competing when fossil fuels are cheap, making grid parity (in the case of natural gas-fired electricity) more elusive for solar and wind power.




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Will Lower Oil Prices Dampen the Mining Industry’s Appetite for Renewables?

For many mining companies, the rallying cry for investigating solar or wind energy options has been that the price of oil and other conventional fuels is too high — and will almost certainly rise over time. Now, though, with oil prices having taken a dramatic nosedive, this argument no longer packs quite the same punch that it once did.




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Energy Price Concerns Resonate in EU Talks on 2030 Climate Goals

The European Union should ensure that future climate and energy policies do not undermine the competitiveness of its industry, already weakened by a price gap with the U.S., the bloc’s member states said.




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Low price supports may be souring Pakistani farmers on wheat

Pakistani farmers seem to be losing interest in growing wheat because the government has failed to increase wheat price supports enough, growers say.




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Maurice sur liste noire des centres financiers

Il y a deux jours, la liste noire des...




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ECC, cabinet decisions led to sugar price hike: Abbasi

ISLAMABAD: Former prime minister Shahid Khaqan Abbasi has said the decisions taken by the Economic Coordination Committee and the federal cabinet led to a hike in sugar prices across the country earlier this year.The PML-N leader was talking to media outside the Federal Investigation...




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Coronavirus: left out of Hong Kong relief packages, asylum seekers struggle with higher food prices, lack of masks

When Zima did her weekly grocery shopping in March, she was shocked by the prices.“A package of chicken that used to cost HK$39 (US$5) was HK$50,” she recalled. A litre of milk went up from HK$35 to HK$49, and the tomatoes she used to pay HK$8 for were now HK$12.She worried her family of three might not have enough to eat for the month, because they would run out of money.The 32-year-old fled Pakistan in 2015 together with her husband and son, claiming religious persecution as members of the…




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The Police Officer Who Killed 12-Year-Old Tamir Rice Has Been Fired

The police officer who fatally shot 12-year-old Tamir Rice in a Cleveland park in November 2014 has been fired, Cleveland's police chief said at a press conference on Tuesday. The decision comes two and a half years after Rice was killed. Officer Timothy Loehmann was fired not for shooting Rice but for lying on his job application about his disciplinary record at a previous police department, according to the termination documents. (Another officer who had been on the scene of the shooting was suspended for 10 days.)

Loehmann, who started working for the Cleveland Police Department in early 2014, failed to disclose that although he voluntarily left his job at another department, he was allowed to resign after a series of incidents in which supervisors deemed him unfit for duty, according to Cleveland.com. He also did not disclose that he had failed a written exam for employment at a second police department.

Loehmann shot Rice after he and his partner responded to a 911 call about a person in a park waving a gun. His death became an early touchstone for the Black Lives Matter movement. Video of the shooting showed that Loehmann shot the child, who was holding a toy pellet gun, within two seconds of arriving on the scene. A grand jury declined to charge the officers involved.

A dispatcher who took the initial 911 call was suspended in March for failing to tell the responding officers that the caller had said the person with the gun might be a juvenile and that the gun could be fake. A June 2015 Mother Jones investigation revealed how that failure contributed to the child's  death.




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‘Clarice’: Kal Penn Speaks Of “Thoughtful Thriller” CBS Series As He Joins ‘Silence Of the Lambs’ Sequel

When CBS Friday announced a series order for Silence of the Lambs sequel Clarice starring Rebecca Breeds, the announcement included three key new cast members whose deals had closed after the coronavirus pandemic suspended all pilot production in mid-March, Kal Penn, Nick Sandow and Michael Cudlitz. Designated Survivor and The Good Doctor alum Penn became available after NBC/Universal […]




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Live: Whateley says Crows to “pay the price”, AFL hook-up with coaches revealed

A reported hook-up between the AFL and coaches has come to light, which took place mere hours before the Crows’ training breach came to light.





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Zauberpunkt Licorice Nubs

Achewood strip for Friday, December 9, 2016




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Hema Malini shares priceless throwback pictures with her mom and daughters on Mother's Day

On the occasion of Mother's Day, veteran actor Hema Malini shared a priceless throwback pictures of herself with her mom and daughters, saying its a "day for us to recall with love and gratitude all that our mothers have done for us."

The 71-year-old actor took a walk down the memory lane when she shared a monochromatic picture featuring herself and her mom on Twitter. In the picture, the evergreen star is seen sporting traditional Bharatanatyam attire and is seen affectionately hugging her mother.

Along with the picture she wrote," It is Mother's Day! A day for us to recall with love & gratitude all that our mothers have done for us. Also, a day for us to celebrate our status as mothers & grandmothers & look back proudly at the years passed in bringing our kids. This is a treasured file photo of me & my mom."

The 'Sholay' star also shared some 'glimpses from the past' where she showcased the three generations including herself, her mom and daughters Esha and Ayana Deol in a Twitter post.

The post included three pictures, the first one features Esha and Ahana in their childhood days with their mom Hema. While the second features the 'Baghban' star with her mom and the third one captures Hema's mom and the actor herself who is seen holding baby Esha by her arms.

Daughter Esha was quick to note the special post and commented, "Love u my mamma" (along with a heart and hugging emoticon).

Meanwhile, scores of Bollywood celebrities including Sara Ali Khan, Vicky Kaushal, Ishaan Khatter and others extended Mother's Day wishes to their moms by posting throwback pictures and videos on social media.

Catch up on all the latest entertainment news and gossip here. Also, download the new mid-day Android and iOS apps.

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This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever




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'People need to eat more than just rice and wheat'

The Coronavirus lockdown has exposed our state and nation's deep, economic divide, as it has turned out to be a nightmare for lakhs of migrants and urban poor in Maharashtra. Not only have they lost their livelihood, they are also struggling to eat two square meals a day. "Apart from food, people also need money to pay rent and electricity bills, recharge their phones, meet medical expenses," explained Lalita T of the Stree Mukti Sanghatana, an NGO working for the rights of waste picker women. It has provided dry ration kits to 5,000 waste picker women in Mumbai, Navi Mumbai, and Thane. They plan to carry out another distribution drive within the next couple of weeks.

The central government seems to have taken cognisance of the hunger problem as it has allowed NGOs conducting relief activities to approach the Food Corporation of India (FCI) for procuring food grains (rice and wheat) at subsidised rates from its warehouses. "We have to pick up a minimum of 1,000 kg at once. With trucks refusing to ply during the lockdown, this puts us in a tight spot. An additional challenge is that the wheat that's been allocated is whole grain wheat. It hasn't been milled into flour," said Trina Talukdar, co-founder of Kranti. Kranti first mailed the FCI on April 16 and its request to buy food grains from them was finally approved on May 8. They have provided food essentials to 700 families in Kamathipura and Malad so far, with money raised via private fundraising efforts. Each packet typically lasts a family of five for a month.


Lalita T, consultant with the Stree Mukti Sangathana

Agreeing with Talukdar, Nishant Bangera of the Muse Foundation remarked, "Providing only rice and wheat is inadequate. Why haven't pulses been included? We expected more hand-holding from the government because we lack resources. I'm not just referring to finances, there is also a shortage of volunteers on the ground given that we are dealing with a public health crisis." The founder of the Thane-based NGO revealed that carrying relief supplies for 100 people amounts to carrying more than three tonnes of material. It has been able to help about 500 families as of now. Muse emailed its registration certificate (bearing the charity commissioner's signature) to the authority concerned. Its request to buy rice was approved and it has distributed the same. It decided not to purchase wheat, because with no disposable income at hand and mills shut, recipients can't convert it into flour.

"The state has failed in its responsibility to cater to the needy. It has shifted the onus onto NGOs, but we don't have the kind of infrastructure that the state does, to reach every nook and corner," says Bilal Khan, an activist with the Ghar Bachao Ghar Banao (GBGB) movement. The GBGB kits includes supplies to prepare a basic meal— rice, wheat, pulses, masala, tea, oil, sugar, poha, rava, etc. It's logistically unfeasible for GBGB to procure rice from the FCI and all other materials from elsewhere, they say. GBGB has written to the FCI, but it hasn't heard back from them yet. Khan was one of the petitioners who had approached the Bombay High Court on March 23, seeking to address the gaps in the state government's relief response during the lockdown.


Ulka Mahajan, social worker

"It's the government's constitutional responsibility to provide food for everybody. We also want all the interstate and intrastate migrant workers to be safely transported back to their hometowns after their wages are settled," said Ulka Mahajan, a prominent social worker, who was a co-petitioner along with Khan. Mahajan feels that instead of solely depending on non-profits for distribution of food, they should also have been made stakeholders in the discussion around the lockdown and its exit plan. She stated the example of Kerala as a state which has benefitted from doing the same.

The divisional manager of the FCI in Mumbai, Avinash Dhabade, dismissed allegations of red tape claiming that, "More than 50 NGOs in Mumbai, such as the Rehbar Foundation and Citizens for Justice and Peace, have picked up food grains from us so far. NGOs engaging in relief work have to mail us their registration certificate, bearing the signature of the charity commissioner, online. If everything is in place, we will approve their request on the very same day."


Mukta Srivastava, right to food activist

As far as the stipulation to pick up one metric tonne of grains at once is concerned, Dhabade said that his hands are tied because the FCI is simply following a central government directive.

In what seems like a cruel joke, the Centre has decided to use the surplus stock of rice in its warehouses to make hand sanitiser by converting it into ethanol. The decision was taken at a meeting of the National Biofuel Coordination Committee (NBCC) based on the national policy on biofuels, which allows for the conversion of excess grains into ethanol. This move comes across as high-handed and insensitive, given the food insecurity of innumerable people in major cities across the country.


Trina Talukdar, co-founder, Kranti

"What about those who haven't registered themselves with the Maharashtra Building and Other Construction Workers' Welfare Board for instance? Or those who don't possess ration cards and so, they are excluded from the government's Public Distribution System," asks Mukta Srivastava, a Right to Food activist, questioning the government's apathy towards its most vulnerable.


Nishant Bangera, founder, Muse Foundation

Catch up on all the latest Mumbai news, crime news, current affairs, and a complete guide from food to things to do and events across Mumbai. Also download the new mid-day Android and iOS apps to get latest updates.

Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news




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IRD:Daily Settlement Prices




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IRD:Daily Base Price




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FO:Base Prices for Contracts




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FO:Daily Settlement Prices




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CM:Price Band changes from next trade date




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CD:Daily Settlement Prices




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CD:Daily Base Price




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Global Cues, Low Oil Prices Subdue Indian Equities

Weak global cues, lower crude oil prices and political bickering over the government's demonetisation move pulled the Indian equity markets lower on Thursday.




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Líneas directrices de la OCDE para empresas multinacionales - La importancia de una conducta responsable por parte de las empresas

Este folleto contiene información esencial sobre las Líneas Directrices de la OCDE para empresas multinacionales, que en la actualidad constituyen las recomendaciones más exhaustivas aprobadas por los gobiernos sobre la conducta responsable de las empresas.




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New approach needed to tackle rising drug prices

The proliferation of high-cost medicines and rising drug prices are increasing pressures on public health spending and calling into question the pharmaceutical industry’s pricing strategies.




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Methodology for Constructing Wireless Broadband Price Baskets (OECD Digital Economy Paper 205)

The OECD has adopted a new basket methodology for benchmarking wireless broadband prices. It adds to the existing baskets for voice, leased lines and fixed broadband services and reflects the increasing importance of wireless broadband for laptops, tablets and smartphones.




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Climate change: Price carbon now before low cost oil says "ciao" - Insights Blog

It’s time for governments to ramp up the development of alternative energies and to nail a price onto every tonne of CO2 emitted. With COP21 taking place in Paris in November, sending the right message on climate change means gradually increasing the cost of CO2 emissions, and creating a strong economic incentive to reduce the carbon entanglement and to move towards a zero-carbon world.




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Impacts of Carbon Prices on Indicators of Competitiveness: A Review of Empirical findings - Environment Working Paper

Concerns around potential losses of competitiveness as a result of unilateral action on carbon pricing are often central for policy makers contemplating the introduction of such instruments. This paper is a review of literature on ex post empirical evaluations of the impacts of carbon prices on indicators of competitiveness as employed in the literature, including employment, output or exports, at different levels of aggregation.




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Higher price on carbon needed to effectively tackle climate change

OECD urges efforts to better price carbon as new analysis finds that 90% of CO2-emissions are priced below EUR 30 per tonne, a low-end estimate of climate damage, and 60% are not priced at all. Effective Carbon Rates in the OECD and Selected Partner Economies calculates effective carbon rates (ECR) on CO2-emissions from energy use for 41 countries which together use 80% of global emissions.




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Pollution havens? Energy prices are not key drivers of offshoring

New evidence on the effect of energy prices on outward FDI can provide some reassurance in light of concerns about Pollution Havens.




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Insights blog: Rice and risks in the Mekong River Delta

The wet and verdant expanse of the Mekong Delta’s rivers and farms is a veritable rice bowl for the world. Not only do the region’s paddies produce half of Viet Nam’s rice crop yearly, the country is the world’s third largest rice exporter, with 17% of world exports of paddy rice. Our analysis identifies Viet Nam as facing the world’s fourth highest water risks for rice production.




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Higher price on carbon needed to effectively tackle climate change

OECD urges efforts to better price carbon as new analysis finds that 90% of CO2-emissions are priced below EUR 30 per tonne, a low-end estimate of climate damage, and 60% are not priced at all. Effective Carbon Rates in the OECD and Selected Partner Economies calculates effective carbon rates (ECR) on CO2-emissions from energy use for 41 countries which together use 80% of global emissions.




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Low oil prices and monetary easing triggering modest acceleration of global recovery

Low oil prices and monetary easing are boosting growth in the world’s major economies, but the near-term pace of expansion remains modest, withabnormally low inflation and interest rates pointing to risks of financial instability, according to the OECD’s latest Interim Economic Assessment.




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State should come with a clear price tag

After the chancellor has delivered the Budget we never know whether we are richer or poorer





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Virgin Australia's share price falls to below 10 cents as S&P gives airline negative outlook

Virgin Australia shares are worth less than 10 cents. Credit ratings agency Standard & Poor's has warned the airline's debt problems were likely to worsen in light of the coronavirus.




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Coronavirus outbreak sees flight prices crash

Brave travellers can pick up a bargain on flights, in one of very few positives to come from the coronavirus outbreak.




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Virgin Australia claims the price of Qantas and Jetstar flights could surge if the airline closes

Virgin Australia has warned the cost of flights would soar if the airline was forced to close, leaving Qantas and their budget arm Jetstar with a monopoly on the industry. 




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Atletico Madrid 'set £20m price tag on Kieran Trippier' amid Premier League interest

The 29-year-old moved to the Wanda Metropolitano last summer having fallen out of favour in north London, with the La Liga side splashing £20million on the England international.




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UFC star Niko Price suffers gruesome eye injury in defeat to Vincente Luque

WARNING - GRAPHIC CONTENT: The Hybrid was felled in the third round and, with his eye noticeably swelling shut, the welterweight clash was called to a halt.




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Dealers are trimming prices of latest electric cars by almost 10%

Models such as MG's latest ZS EV and Renault's Zoe are currently being offered with almost 9 per cent knocked off the retail price, according to data collated by What Car?.




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Drivers will soon see a REAL fuel price war kick off, says ROB HULL

With markets opening this week to the biggest crash in oil price since the 1991 Gulf War, motorist would have been rubbing their hands together with the prospect of paying less at the pumps. But they aren't.




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Petrol price falls toward 4-year low of £1-a-litre

The price of oil has fallen to around $26 in less than a month due to growing fears of a global recession, travel restrictions and a dispute between Saudi Arabia and Russia over production levels.




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Fuel prices are falling quickest in the West Midlands and is cheapest in Northern Ireland

Data released by Forecourt Trader and the AA shows that a litre of unleaded on average is most expensive in London costing 113.6p while in Northern Ireland it is just 105.7p - an 8p difference.