Author: Vamsi

Crude oil short positions surged 140% - Asiana Times

Crude oil, a vital natural resource, finds numerous applications across various sectors of the global economy. It serves as a crucial raw material for the production of various fuels, including gasoline, diesel, and jet fuel, powering transportation systems worldwide. Additionally, crude oil is a key ingredient in the manufacturing of lubricants, which are essential for the smooth operation of machinery and engines. The petrochemical industry heavily relies on crude oil as a feedstock to produce plastics, synthetic fibres, rubber, fertilizers, and other chemical products. Moreover, crude oil plays a significant role in generating electricity through the operation of power plants…

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Experts predict RBI to maintain interest rate pause - Asiana Times

According to experts, it is anticipated that the Reserve Bank of India (RBI) will maintain its current policy repo rate without any changes, keeping it steady at 6.5 per cent, in the forthcoming announcement on June 8. This projection is based on the easing of retail inflation in April and the potential for further decline, suggesting that the previous policy rate actions have been effective. The Monetary Policy Committee (MPC), led by RBI Governor Shaktikanta Das, will hold meetings from June 6-8 to discuss the matter. In the previous meeting of the Monetary Policy Committee (MPC) held in April, the…

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Rama Steel Tubes' net profit surges 52% - Asiana Times

Rama Steel Tubes, established in 1974, is a leading manufacturer of steel pipes, tubes, and GI pipes in India. The company has garnered a strong reputation in the industry and supplies its products to diverse sectors such as agriculture, real estate, and more. With a focus on delivering quality products, Rama Steel Tubes has achieved remarkable financial results. In the January to March quarter, the company posted impressive numbers, driven by the robust demand for iron and steel products. Its total income surged to Rs 337.85 crore, a substantial increase from the previous year. Rama Steel Tubes aims to meet…

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Mazagon Dock declares dividend of Rs 6.86 per share - Asiana Times

ABOUT MAZAGON DOCK COMPANY Mazagon Dock Shipbuilders Ltd is a leading public sector undertaking (PSU) in India engaged in the construction and repair of naval vessels and offshore platforms. With its headquarters in Mumbai, the company has a rich heritage of over 200 years and is one of the country’s premier shipbuilding yards. Mazagon Dock Shipbuilders has been a key contributor to India’s defence sector, playing a significant role in the construction of warships and submarines for the Indian Navy. The company has a state-of-the-art shipyard equipped with modern facilities and infrastructure, enabling it to undertake complex shipbuilding projects. Over…

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ONGC Videsh has under $100 million in Russia - Asiana Times

In Russia, Indian state oil firms have made investments amounting to a combined total of $5.46 billion in acquiring stakes in four distinct assets. Among the investments made by Indian state oil firms in Russia, they acquired a 49.9 per cent ownership interest in the Vankorneft oil and gas field and a 29.9 per cent ownership interest in the TAAS-Yuryakh Neftegazodobycha fields. However, due to the ongoing conflict between Russia and Ukraine, India’s flagship overseas firm, ONGC Videsh, has less than $100 million of dividend income remaining in Russia. Despite this, the company is not in a rush to repatriate…

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Ram Charan to produce The India House - Asiana Times

Ram Charan announces maiden production venture The India House RAM CHARAN & HIS JOURNEY Ram Charan, the Telugu film industry’s charismatic superstar, has made an indelible mark with his impressive acting skills and magnetic screen presence. Born on March 27, 1985, Ram Charan Teja Konidela is the son of renowned actor Chiranjeevi and the grandson of the legendary actor Allu Ramalingaiah. Debuting in 2007 with the film “Chirutha,” Ram Charan quickly became a household name with his powerful performances and dynamic dance moves. He gained widespread recognition for his roles in movies like “Magadheera,” “Rangasthalam,” and “Dhruva.” His portrayal…

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KANU BHEL’S AGRA PREMIERS AT CANNES 2024 - Asiana Times

KANU BHEL ’S AGRA Executive AT CANNES 2024 Kanu Behl’s Hindi film Agra created a charming debut at the 76th Cannes Film Festivity on Wednesday, granting authorization 26th. The film, which is the only Aboriginal American point picked for the Directors’ Half-month this period, took a clapping that endure for five twinkles. The morning was accompanied by one co-novelist and director Kanu, actors Priyanka Bose and Mohit Agarwal, in addition to builders Siddharth Anand Kumar, Sahil Sharma, and WilliamJehannin.Agra looks to the return of player Rahul Roy, the bone who wasn’t present at Cannes, in addition to Priyanka, novitiate…

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Meet Divya Maiya: The Saree Super Woman  - Asiana Times

Meet Divya Maiya: The Saree Super Woman Introducing Divya Maiya: The Saree Super Woman Divya Maiya, a resident of the United States of America, has captured the attention of the internet with her extraordinary skiing adventures. What sets her apart is not just her impressive skills on the slopes, but her choice of attire. Divya fearlessly dons not only saris but also skirts, suits, and lehenga sets, showcasing her unique style and breaking stereotypes along the way. However, it’s important to note that Divya’s intention is not to suggest that saris are the ideal outfit for skiing. Safety is paramount…

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SHAH RUHKHAN TO HELP 60yr OLD FAN - Asiana Times

Shah Rukh Khan, born in Delhi, embarked on his acting journey with the television series Fauji during the late 1980s. His entry into the world of movies began with the film Deewana in 1992. Shah Rukh quickly rose to prominence in Bollywood, delivering blockbuster hits such as Baazigar, Dilwale Dulhania Le Jayenge, Kuch Kuch Hota Hai, Devdas, Kal Ho Naa Ho, Chak De! India, Chennai Express, and Dear Zindagi. His exceptional contributions to the film industry were recognized when he was bestowed with the prestigious Padma Shri award by the government of India. Alongside his acting career, Shah Rukh has…

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HUL AND GENPACT LAUNCH BUSINESS ACCELERATOR PROGRAM - Asiana Times

ABOUT HUL With its products reaching nine out of ten households in the country, Hindustan Unilever Limited (HUL) stands as the largest Fast-Moving Consumer Goods company in India. HUL is dedicated to creating a better future every day and has a wide range of products that cater to the needs of consumers. For more information about HUL, please visit their official website at https://www.hul.co.in/. ABOUT GENPACT Genpact, a global professional services firm (NYSE: G), specializes in assisting businesses in their transformational journey and shaping their future. With extensive experience in redesigning and managing processes for numerous global companies, Genpact combines…

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