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Petrol and diesel prices to be revised daily now

Oil marketing companies such as Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation, which own over 95 percent of almost 58,000 petrol pumps in the country, will launch the daily price revision in these 5 cities in the pilot phase.

Business

United Airlines chief executive set to testify before Congress

It clearly showed the police pulling him off his seat with great force. His lawyer says he lost teeth and suffered a broken nose and a concussion. Separately, United Airlines said on Thursday it would offer passengers who volunteer to forfeit their seats on overbooked flights up to US$10,000 and limit the use of law enforcement to safety and security issues alone.

Business

National Ag Organizations Relieved US Will Remain in NAFTA

Trump, sitting Thursday alongside Argentinian President Mauricio Macri, said, "I was going to terminate NAFTA as of two to three days from now". Dias said the only way for the Canadian government to respond is "to go head to head" with the Trump administration.

Business

Oil prices tumble on United States inventories data

Analysts said they expected crude oil inventories to have fallen by around 1.5 million barrels last week. U.S. West Texas Intermediate slipped 17 cents to $52.24 a barrel as of 10:49 a.m. WTI futures settled at $52.41 a barrel, down 24 cents. U.S. OPEC members Saudi Arabia and Kuwait signalled that the Organization of the Petroleum Exporting Countries and other producers, including Russian Federation, would likely extend their oil output cut beyond June.

Business

Marine Le Pen separates herself from Front National

Oddschecker reports 68% of bets have been placed on Le Pen since her announcement she is to step aside from the National Front and fight the second round of the election as an independent candidate. Le Pen started her day at the Rungis wholesale market outside Paris , calling for more food to be produced and consumed in this country known as the gastronomic center of the Western world.

Business

Canadian Energy Companies Pembina Pipeline, Veresen to Combine

Some Canadian producers hope to replicate the success of US drillers using hydraulic fracturing technology, and Monday's deal appears created to capitalize on that. Pembina shares declined 2.2 percent to C$42.56, and the overall energy group retreated 0.5 percent. The Transaction was unanimously approved by the Boards of Directors of both companies and is expected to close late in the third quarter or early in the fourth quarter of 2017.

Business

Google pays CEO Sundar Pichai $200 mn for 2016

For the three months ended March 31, Alphabet reported revenues of US$24.8 billion - up 22% year-on-year and 24% on a constant currency basis. In the earnings release to accompany the results, Porat added: "We clearly continue to benefit from our ongoing investments in product innovation and have great momentum in our new businesses across Alphabet ".

Business

United issues a 10-point plan for not being a disgusting airline

However, the doctor refused, making the airport police at Chicago's O'Hare International Airport drag him out of his seat. Dao suffered concussion, a broken nose, and lost his two front teeth in an experience that his lawyer said was "more horrifying and harrowing" than his experiences during the Vietnam War.

Business

USA growth hits three-year low at start of 2017

Gross domestic product, the broadest measure of goods and services produced in the USA, rose 0.7%, at a seasonally adjusted annual rate, in January through March, the Commerce Department said Friday. Wall Street anticipates for growth at an annual rate of 2.8 percent in the second quarter. Consumer spending weakness has been blamed on the mild winter that undermined the demand for utilities and heating production.

Business

What Will Stop Uber From Being Just Another Failure In The Sky?

The flying auto option would eventually be available in the Uber App. The fleet of VTOL aircraft has been dubbed Uber Elevate , and will be manufactured in partnership with Aurora Flight Science , Pipistrel Aircraft , Embraer , Mooney , and Bell Helicopter .

Business

US Supreme Court Denies Arkansas Request to Begin Executions

Monday was a chaotic day in both state and federal courts, which ended up lifting two of the largest obstacles that faced Arkansas from carrying out its first execution since 2005, reports ABC News. "Earlier this evening Don Davis did receive his last meal which consisted of fried chicken, rolls, great northern beans and mashed potatoes, fruit punch and strawberry cake for dessert", Graves said.

Business

Opec: Oil price recovery seen amid output cuts

US government drilling data showed shale production next month was set to rise to 5.19 million barrels per day (bpd), with output from the Permian play, the largest USA shale region, expected to reach a record 2.36 million bpd. USA crude oil production reached 9.24 MMbpd, according to the latest Energy Information Administration data, making it the world's third-largest producer after Russian Federation and Saudi Arabia.

Business

United Airlines Provides 'Amicable Settlement' For Dao Incident

The chief executive of United Airlines Inc will testify before a House panel on Tuesday in the aftermath of the forced removal on April 9 of a passenger from a Chicago flight, an incident that drew global condemnation. Dao's attorney praised his client's apparent role in bringing about the changes. Munoz said he also wants agents and flight attendants to get more help at de-escalating tense situations.

Business

Deadly crash on OH interstate sparks large fireball

Mark Ponichtera. "The fire crews had to let that burn out before they were able to put foam on that". The station spoke with resident Brad Roediger. The southbound carriageway will be closed for several days as engineers fix the extensive damage to the road surface caused by the inferno, according to WHIO-TV.

Business

Trump to visit Philippines in November for East Asia Summit

Despite Duterte's anti-U.S. statements, analysts say most of his tangible policy changes geared towards Washington have been minor. The 71-year-old Duterte, who has been compared with Donald Trump , was elected president of the Philippines just months prior to Trump's 2016 election win.

Business

China 'putting pressure' on North Korea, says Trump

He spread blame for the developments there, virtually accusing Washington of provoking Pyongyang by deploying an anti-missile defence in South Korea. "Failing to act now on the most pressing security issue in the world may bring catastrophic consequences". "But it is clear more needs to be done, and we're going to ask China to do more as we do more as our South Korean and Japanese allies-but really all nations- have to take a look at this regime".

Business

United Airlines changes policy after man dragged from flight

United has also reached a settlement with the passenger removed from that flight, one David Dao. An amount of money was not disclosed because of a condition of the settlement in which Dao agreed to keep the settlement confidential. The carrier's report highlighted 10 changes, including the increased financial enticement, which goes into effect Friday to get customers to voluntarily give up their seats on overbooked flights .

Business

Fox's Legendary Hypocrisy Is On Full Display With Today's Underwhelming GDP Report

The GDP grew by just 0.7 percent in the first quarter following a gain of 2.1 percent in the fourth quarter, the US Department of Commerce reported on Friday. The softness last quarter also provides crucial ammunition for the Trump administration's arguments that big tax cuts and regulatory rollbacks are necessary for the economy to grow the way it did in the 1980s and 1990s.

Business

A Gift or a Headache? What's in Trump's Tax Reform Plan

Republicans have questions about how the federal government will make money with such cuts and how the enacted proposal won't cause the deficit , a term for the national debt, to skyrocket. Critics of Trump's plan to eliminate the state income tax deduction say it essentially punishes states that voted against him. In its editorial titled " President Trump's Laughable Plan to Cut His Own Taxes ", The NYT claims the tax plan was created exclusively to benefit Trump and other rich ...

Business

Beyond 100 days, Trump faces more legislative challenges

The red carpet that once featured Oscar winners, TV stars and a few major-league athletes barely turned heads. In an hour-long speech, the United States leader told his supporters in a Pennsylvania rally that he would definitely win the other "great battles" that lie ahead.

Business

Jeremy Corbyn refuses to process Tony Blair's 'blank cheque'

Mr Blair argued Jeremy Corbyn's party should concentrate its effort on returning enough MPs to hold the future Tory government to account during two years of choppy Brexit negotiations and beyond. It's what mandate does she claim, on Brexit and on the health service and all the other things. He added: "What the Tories have done very cleverly is give people the national interest reason for voting Tory".

Business

Here's everything you need to know about North Korea's missile tests

According to a high-level South Korean diplomat on Saturday, Yun met U.S. Secretary of State Rex Tillerson prior to a UN Security Council meeting in NY on Friday. Last month Rex Tillerson declared "all options" were on the table when it came to North Korea , stating the "era of strategic patience" was over. North Korea unsuccessfully test-fired a ballistic missile on Saturday.

Business

First American Corporation (The) (NASDAQ:FAF) To Release Earnings

Moving average is significant analytical tool used to discover current price trends and the possibility for a change in an established trend. Fidelity Management and Research Company is the second biggest holder with 9 million shares now valued at 323.08 million whilst Ariel Investments, LLC has 6 million shares valued at 201.90 million.

Business

India never a better investment destination than today: PM Narendra Modi

Mr Erdogan said that both India and Pakistan are Turkey's friends and they must keep the dialogue channels open and engage different stakeholders. However, she did not respond when asked if India will raise the issue. Replying to questions on the Kurdish problem in Turkey, he said it could not be compared with the Kashmir issue. At a meeting on "India and Turkey's Place in the Rising World" organised here, Kerem Alkin, professor at the Istanbul Medipol University's Faculty of Business and ...

Business

Delta defends pilot smacking brawling female passenger in video

The two women involved in the altercation knew each other and already got into a skirmish earlier on the airplane. He grabs one of the woman and hits her. The airline suspended the pilot as soon as it found out about the video. The incident is the latest in a series that's marred the U.S. aviation industry.

Business

United issues a 10-point plan for not being a terrible airline

Now, according to New York Times , Dao's lawyer has confirmed that both sides have finally reached a settlement on Thursday for an undisclosed amount. The resulting outrage escalated because of a viral video and related news coverage of the impromptu exit. A failure by United CEO Oscar Munoz to properly address and apologize for the incident drew further condemnation from the public, media and government officials.

Business

Twitter partners with Bloomberg for streaming TV news

It's now unveiled plans for its first video channel, which it'll collaborate on with Bloomberg. Twitter will now run live Bloomberg videos 24 hours a day, according to The Wall Street Journal . It'll be interesting to see if that approach translates into real money for the social network in the coming year. Twitter lost out to Amazon to secure streaming rights to the NFL's "Thursday Night Football" for next season.

Business

Dish reports 6 percent fall in quarterly profit

Citigroup Inc reaffirmed a "focus list" rating on shares of DISH Network Corp in a research report on Wednesday, January 25th. Jefferies Group LLC reiterated a "buy" rating and set a $80.00 price target on shares of DISH Network Corporation in a research report on Thursday, November 10th.

Business

Trump rallies NRA 'friends' on eve of 100-day milestone

No, thank you. No, ma'am.' Perhaps 'ma'am.' It may be Pocahontas, remember that. "I even went one step further and publicly presented a list of 20 judges from which I would make my selection, and that's exactly what we did", Trump said. He especially singled out the MS-13 gang. "Right? So get out and vote for Karen". "We're in the safest place right now", said Mark D. Swinson, an NRA-certified instructor who with his wife owns a company that provides firearms training.

Business

Alphabet Inc(NASDAQ: GOOGL) continues to beat expectations

Analysts expected the company to report earnings of $7.40 a share on sales of $24.22 billion. 'They are the dominant force in digital advertising'. Google has aggressively shifted the focus of its business to mobile advertising. Google's shares were up 4 percent in premarket trading on Friday. Google forms the largest part of Alphabet's business, with much of the rest of the company comprising of so-called Other Bets , which includes its more ambitious projects, such as its ...

Business

Tribune Media spikes on reports of nascent bidding war

Rupert Murdoch and sons Lachlan and James have been contending with ongoing strife at Fox News Channel, which continues to be a ratings machine but recently parted ways with host Bill O'Reilly after news broke of numerous sexual harassment settlements.

Business

Facebook Spaces - Zuckerberg's $2bn Oculus buy finally pays off

While it's sunk billions into virtual reality ventures via Oculus, social networking giant Facebook was all about augmented reality at its F8 conference this week. Facebook's Slack competitor, Workplace is adding file sharing, legal compliance and video to the existing suite of tools. While an Oculus Rift is obviously preferred, it's not necessary as anyone with a phone and the Messenger app can join in via video call.

Business

If Trump wants a new NAFTA, here's what he has to do

Trump told a rally in Harrisburg, Pa., on Saturday night that he'll try to renegotiate the agreement with Canada and Mexico , but will terminate NAFTA if a "fair deal" for the US can't be reached. Still, Prem Gandhi at the State University of New York Center for the Study of Canada says the threat of dismantling NAFTA is too big a bargaining chip to put on the table.

Business

Local student reacts to contentious French presidential election

Marine Le Pen has resigned as leader of the Front National, saying she needs to be "above partisan considerations" in her battle for the French presidency. Le Pen finished second in the first round of voting Sunday and she will now face centrist Emmanuel Macron in a run-off election. The French vote was being closely watched as a bellwether for populist sentiment following the election of Donald Trump as US President and Britain's vote to leave the EU.

Business

European Union leaders give mixed reaction to 1st round of French election outcome

While Macron had arranged to meet Whirlpool workers' union representatives without actually visiting the plant, Le Pen turned up unannounced outside the plant and posed for selfies with workers and attacked her rival. He said that in her position, he would have done a "Trump-style" campaign that would have been "very aggressive against those who are responsible for the country's decadency".


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