Oil Price at $200 ?

Morning Masala Tea
9 March, 2022

News Today:

Post Poll alliance talks in Goa

Ahead of the counting of votes in Goa, hectic political parleys were underway on Tuesday, with the Congress saying it was talking with “non-BJP” parties for a possible post-poll alliance, even as it and the BJP tried to woo regional outfit Maharashtrawadi Gomantak Party (MGP) to fortify their positions.. HT

Oil Price at $200 ?

Global oil prices could rise to $200 a barrel if Europe and the United States ban imports of Russian oil, analysts at Oslo-based consultancy Rystad Energy said on Tuesday. Deccan Herald

Regular international flights to start

Regular international flights — suspended for two years because of the pandemic — will resume from March 27. The restart comes just at the start of the tourist season from April. South-East Asian nations Malaysia, Thailand, Indonesia, Singapore among others have announced the relaxation of travel restrictions and allowed international tourists to enter the country. Telegraph

Akhilesh Yadav on Tuesday accused the ruling BJP of “stealing” EVM

Two days ahead of the counting of votes for the Uttar Pradesh Assembly polls, Samajwadi Party (SP) chief Akhilesh Yadav on Tuesday accused the ruling BJP of “stealing” votes and claimed that his party workers intercepted a truck carrying EVMs in Varanasi. He also claimed that vehicles transporting ballots were intercepted in at least three districts. . Indian Express

Ukraine no longer interested in NATO membership 

Ukraine President Volodymyr Zelenskyy said he is no longer pressing for NATO membership for Ukraine, a delicate issue that was one of Russia’s stated reasons for invading its pro-Western neighbour. Hindu

 

Google Trends Today

Nickel Price

Amid unprecedented spike in Nickel prices, the London Metal Exchange (LME) has halted trading in the Nickel as spike left brokers struggling to pay margin calls against unprofitable short positions, in a massive squeeze that has embroiled the largest nickel producer as well as a major Chinese bank.

Apple M1

Apple today announced M1 Ultra, the next giant leap for Apple silicon and the Mac. Featuring UltraFusion — Apple’s innovative packaging architecture that interconnects the die of two M1 Max chips to create a system on a chip (SoC) with unprecedented levels of performance and capabilities .

 

Google Trends

Twitter Trends 

  1. President Biden announces ban on Russian energy imports
  2. MEA advises Indian nationals in Ukraine to make use of the “humanitarian corridor for evacuation”
  3. Apple announces new iPhone SE and iPad Air at first product launch of 2022
  4. What a U.S. ban on Russian oil means for the world

 

Compiled from Twitter

Startup
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

Energy
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