Crude Oil price to reach $100 per barrel in the third quarter ?

Morning Masala Tea
20 January, 2022

News Today:

Crude prices to reach $100 per barrel in the third quarter ?

On January 17, the price of India’s crude oil basket (COB) was at $85.6 per barrel; that number is higher than the monthly average COB since September 2014.Brent crude prices – it is the international benchmark for crude oil prices in the world – breached the $87 level on January 18, touching the highest point since 2014. Goldman Sachs expects crude prices to breach the psychological barrier of $100 per barrel in the third quarter, Bloomberg News reported.. HT

Indian Migrant kids struggles during COVID 

For days after India went into complete lockdown, India’s migrants were on the roads, walking, jostling into trucks and buses, struggling to return to their villages with their lives in the big city completely upended. Along with them, went their children, sitting on their parents shoulders, or if they were a little older, carrying luggage disconsolately. It was the beginning of what has been almost two years of a life that has been stop-start — going back to the villages, then returning, and in many cases, after the second wave, going back again. HT

BJP alliance with Apna Dal and Nishad Party in UP

Unsettled over the recent exit of prominent OBC leaders, the BJP on Wednesday brought in its allies Apna Dal and Nirbal Indian Shoshit Hamara Aam Dal (Nishad party), both representing backward communities, to announce a joint fight in Uttar Pradesh and to highlight the initiatives taken by the party governments at the Centre and the state for the communities. Indian Express

Government will block any website, YouTube channel conspiring against India 

Days after 20 YouTube channels and two websites were blocked for spreading anti-India propaganda and fake news, Information and Broadcasting Minister Anurag Thakur on Wednesday warned that the government will continue to take such action against those “hatching conspiracy” against the country.. Indian Express

The country recorded 3,13,603 new COVID-19 cases on January 19

For the first time in the ongoing COVID-19 wave, the number of cases in India crossed the 3 lakh mark. The country recorded 3,13,603 new COVID-19 cases on January 19, a 27% increase from a week ago. The total number of infections has reached 3.8 crore, and the active cases have crossed the 18.9 lakh mark. Data for Sikkim, Arunachal Pradesh, Jharkhand, Ladakh, Lakshadweep and Tripura were not available as of 10 p.m. Hindu


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French actor Gaspard Ulliel dies

French actor Gaspard Ulliel, who is set to appear in Marvel’s forthcoming TV series Moon Knight, has died aged 37. His family told news agency AFP he died on Wednesday following a skiing accident in the Alps.

Mulayam Singh’s daughter in law joins BJP

Former Uttar Pradesh chief minister Mulayam Singh Yadav’s daughter-in-law Aparna Yadav is all set to join the BJP on Wednesday, in a major blow to the Samajwadi Party ahead of the high-octane UP elections.


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24 February, 2024

Byju’s, once heralded as a flagship in India’s edtech sector, is grappling with severe financial and operational challenges, marked by a dramatic valuation drop. The company, which sought to stabilize its operations and finances, is now raising funds at a valuation significantly lower than its peak. This development comes amid efforts to address a substantial debt burden, with Byju’s proposing a repayment plan for its $1.2 billion loan. Investor confidence appears shaken, with some stakeholders pushing for drastic changes in leadership to navigate the crisis effectively. The turmoil reflects broader sectoral pressures and raises questions about the sustainability of high-growth trajectories in the edtech industry

10 February, 2024

Australia’s energy market is witnessing significant transitions and investments aimed at bolstering renewable energy infrastructure and securing gas supplies. Key developments include a $179 million investment by the Queensland Government for community battery projects, Santos’ $5.7 billion gas pipeline project following a legal battle win, and a $206 million energy savings package for NSW households. Additionally, the Australian government has secured new gas supply deals to support the east coast market, emphasizing the role of gas in transitioning to a renewable grid.

India 2024
9 February, 2024

The latest opinion polls, including the Mood of the Nation survey by India Today, predict a comfortable victory for Prime Minister Narendra Modi’s BJP and its allies in the National Democratic Alliance (NDA), with a projected win of 335 Lok Sabha seats in the 2024 general elections. This forecast suggests a slight decrease from the 2019 elections but still ensures a majority. The survey, involving interviews with over 149,000 respondents, reflects Modi’s enduring popularity based on his nationalist policies and economic reforms. Other polls echo these findings, although seat projections vary slightly. The opposition INDIA alliance is expected to secure a significant number of seats, yet not enough to challenge the NDA’s majority. These predictions highlight a political landscape that remains largely favorable to Modi and the BJP as the election approaches