Private Oil Refiners To Work With – Latest news headlines


India is forming a group bringing together state and private refiners to seek better crude import deals

Private oil refiners are willing to work with state-run peers to bargain collectively for better oil import deals, oil minister Hardeep Singh Puri said on Friday, as the nation looks to cut its import bill.

India is forming a group bringing together state and private refiners to seek better crude import deals, Reuters reported on Monday.

“The outcome of the meeting between private and state-run (refiners on a joint oil procurement plan) was very encouraging,” Puri said in a news conference at the India Energy Forum industry event.

He said the private companies are “enthused” by the plan.

India is the world’s third-largest oil importer and consumer, reliant on imports for about 85 per cent of its crude and buying most of that from Middle East producers.

Private companies including Reliance Industries, operator of the world’s biggest refining complex, and Nayara Energy, partly owned by Russian oil major Rosneft, control about 40 per cent of India’s 5 million barrel per day (bpd) refining capacity.

With local gasoline and gasoil prices rising to record highs in India’s worst power crisis for years, the nation wants to redouble efforts to buy wisely.

The country’s trade deficit last month surged to a record $22.6 billion, its highest in at least 14 years, driven by expensive imports.

India has repeatedly asked the Organization of the Petroleum Exporting Countries (OPEC) and its allies, together known as OPEC+, to boost output to bring down global oil prices.

“Cost of energy should not be allowed to outstrip paying capacity of consumers and this imperative needs to be configured by the consuming countries in planning their production profile for the future,” Puri said.



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Latest News Today – It “Was Difficult” To Get Good Work A Few Years Ago:


Paresh Rawal will next be seen in Hungama 2. (courtesy pareshrawal1955)

Highlights

  • “I have no complaints from the industry,” said Paresh Rawal
  • “I’ve got work as per my stature,” he added
  • Paresh Rawal was last seen in ‘Toofaan’

Mumbai:

Veteran actor Paresh Rawal is thrilled that Bollywood is now chronicling untold stories rooted in the country and not “plagiarising” international films, a trend, he said, was dominant until a few years ago. The 66-year-old, who has been working in the industry for close to four decades, said the new crop of filmmakers have infused a certain freshness in Hindi cinema. Paresh Rawal particularly cited the Ayushmann Khurrana’s dramedy Badhaai Ho! (2018) and this year’s Netflix film Pagglait, fronted by Sanya Malhotra, as examples of novel storytelling.

“Earlier, we would plagiarise foreign stories and then later they (the original makers) would file cases against us. Now that doesn’t happen. So now we are focusing on our homegrown stories, which are far more superior, dramatic and challenging. Stories like Pagglait, Badhaai Ho! are wonderful examples,” Paresh Rawal told PTI.

The change in Bollywood has also allowed artistes a chance at consistent quality work, he said. Citing how the industry today has a far more organised system today, the actor, who has himself been an integral part of several landmark shifts, said there are not just good stories but also better storytellers. “It was difficult a few years ago to keep getting good work but not anymore. Hindi cinema has been going through a golden phase since the last five-six years. There are new writers, directors, actors, and a disciplined finance sector. (The) work is finished in the given time frame and delivered.”

From the dramatic films of the ’80s, where he was mostly slotted in negative roles, the ’90s when Paresh Rawal started to emerge as a bankable performer with Sardar and the National Award winning Woh Chokri to the 2000s, when he switched to comedies with Hera Pheri, the actor has time and again proved his versatility. Paresh Rawal said his major turnaround happened with Ketan Mehta’s Sardar in 1994, where he featured as freedom fighter Sardar Vallabhbhai Patel.

“When I was doing Sardar, people asked Ketan Mehta how he thought of me for this role, because I was only playing villain characters. He told them that he chose me only because I was a good actor. He spotted me because I was doing my work well,” he recalled.

The actor, who was most recently seen in the sports drama Toofaan, said his biggest learning has been that a good performance will never go unnoticed, irrespective of one’s screen space. “I have no complaints from the industry. I’ve got work as per my stature. You just have to keep doing your work sincerely and someone, somewhere will definitely spot it.

“I am not a producer, writer, director or someone from the film family with whose help I can move forward. So all I have is my work and the dedication to keep at it with all honesty,” he added. Paresh Rawal is gearing up for the release of filmmaker Priyadarshan’s comedy, Hungama 2. The film is scheduled to be released Friday on Disney+ Hotstar.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)





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Latest News Today – Micro-Tunnelling Technique For Construction Work Begins


Delhi-Meerut rapid rail will reduce travel time between Delhi and Meerut to 55 minutes

The National Capital Regional Transport Corporation (NCRTC) – responsible for implementing the country’s first semi-high speed regional rapid transit system (RRTS) network, began micro-tunneling technique for utility diversion work at the under-construction Anand Vihar station on the upcoming 82.5 km long Delhi-Ghaziabad-Meerut regional rapid rail corridor. (Also Read: Alstom Begins Manufacturing Of Trains For India’s 1st Rapid Rail Corridor )

Micro-tunnelling is an underground tunnel construction technique used for constructing smaller tunnels for utility diversion such as drainage pipelines, to minimise the public inconvenience caused during the construction work, according to the National Capital Regional Transport Corporation.

The technique allows free public movement in the area and is mostly adopted in places where footfall is high and trenching is not advisable as the extraction of debris causes the blockage of passages restricting movement. It is also useful for preserving the existing infrastructure from any physical damage or alteration.

The Anand Vihar station area on the upcoming RRTS corridor is one of the busiest commuter transit hubs surrounded by a metro station serving two metro lines, a railway station, as well as two interstate bus terminals (ISBT) – one at Delhi side and the other one at the Kaushambi, Uttar Pradesh side.

The Delhi-Meerut rapid rail – the country’s first regional rapid corridor, will have a total of 22 RRTS stations, out of which four will be in the national capital, including the one at Anand Vihar. Once completely ready for services, the Delhi-Meerut rapid rail will reduce the travel time between Delhi and Meerut to just 55 minutes.

In the first phase of the regional rapid transit system network in the national capital region, three priority corridors will be implemented – Delhi-Ghaziabad-Meerut, Delhi-Gururgram-Rewari-Alwar, and Delhi-Sonipat-Panipat. These corridors will converge at Delhi’s Sarai Kale Khan RRTS station. 

Delhi-Ghaziabad-Meerut will be India’s first regional rapid rail which is targeted for completion by 20215. Its priority section – the 17 km long Sahibabad-Duhai is likely to open for commuters by 2023.



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Latest News Today – NFT or Physical Art Piece? Damien Hirst’s Latest Work


NFTs, or non-fungible tokens, have emerged as the next big thing, especially in the world of art. Celebrated British artist Damien Hirst has now also jumped on to the NFT bandwagon in a unique way with his latest work titled, ‘The Currency.’ The most interesting aspect of Hirst’s work as well as his entry into the NFT market is that he offers you a choice to choose between an NFT and the corresponding physical artwork. Confused? Read on to find out all the details.

‘The Currency’ comprises 10,000 NFTs corresponding to 10,000 unique physical art pieces. A person interested in the work can choose either the token or the art. “You can’t buy both,” Hirst posted a tweet on July 13, saying, “This is my global artwork experiment.”

The photograph accompanying the post is the tender number 8,483. In a reply to the tweet, Hirst wrote, “As you can see, it is numbered, titled, and signed on the back.” Each such tender will be sold for $2,000 (roughly Rs. 1,49,000), Hirst said. It’s basically a choice to either keep an NFT — a high-resolution photo of the painting — or give it up for the physical painting.

Not just that, these NFTs can also be purchased using Bitcoin, Ether, USD Coin, Dai, along with credit and debit cards, reported Paper Magazine.

So, how does it really work? Hirst says that first you apply for a piece of art and then you are issued an NFT. After a while, the 56-year-old says, “You can redeem your NFT for that actual artwork. If you do that, the NFT will be destroyed. And then after about a year, all the NFTs that aren’t redeemed, the corresponding artwork will be destroyed.” They will do it publically, Hirst says. “The whole project is like an experiment, an experiment in belief.” The applications are open till July 21.

Hirst’s proposal evoked a mixed response on Twitter.

Abstract artist Ralph Martin III, for instance, said it would be interesting to see which format will be more popular.

Former broadcast journalist Amy Bingham loved the concept behind it and “how it will challenge people’s thoughts and decisions in the near future.” Bingham added, “Unfortunately, I’m priced out — but I am excited to watch The Currency unfold and see how others react to it.”

Some Twitter users also pointed out the price of the works, saying that they were a bit on the higher side.

However, there were others who loved the concept.


Interested in cryptocurrency? We discuss all things crypto with WazirX CEO Nischal Shetty and WeekendInvesting founder Alok Jain on Orbital, the Gadgets 360 podcast. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.





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Latest News Today – Jio, Intel to Work Together on 5G Network Technology


Intel on Monday said it will work with Reliance Jio to develop 5G networking technology.

Intel’s venture capital unit last year invested $250 million (roughly Rs. 1,857.42 crores) in Reliance’s Jio Platforms unit, saying the two companies would find areas of technology partnership. On Monday, Intel said it will work on “co-innovations” with Reliance Jio for its 5G radio-access network (RAN), among other things.

“This is the fruit of that partnership,” Navin Shenoy, executive vice president and general manager of the data platforms group at Intel, told Reuters in an interview.” 5G in India is going to be massive, and (Reliance Jio) are doing it in a non-legacy way.”

Reliance Jio is one of many carriers around the world using a new approach to build 5G networks. Rather than using gear primarily from telecommunications-specific firms such as Nokia, Ericsson or Huawei, carriers are shifting toward using software to handle more network functions and tapping the same kind of standard computing equipment used in data centers to run the networks.

Intel, for its part, has been losing share in its core data center and personal computing markets to rivals such as Advanced Micro Devices after years of manufacturing troubles. But networking chips have become an increasingly important part of its business, growing 20 percent in 2020 to account for $6 billion (roughly Rs. 44,577.27 crores) of its $77.9 billion (roughly Rs. 5,78,756.61 crores) in overall sales.

Dan Rodriguez, general manager of Intel’s network platforms group, said part of that growth has come from Intel’s decision nearly a decade ago to invest in software akin to an operating system for its network chips. The system, called FlexRAN, lets carriers or software firms write code for 5G networks.

Intel said Monday that software from Cohere Technologies could double utilisation of some network spectrum using Intel’s chips, benefiting carriers that spend billions acquiring spectrum rights.

© Thomson Reuters 2021




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Latest News Today – Indian Railways Completes Valsad Road-Over Bridge Work


The reconstructed Valsad road over-bridge on Western dedicated freight corridor

The Dedicated Freight Corridor Corporation of India (DFCCIL) – the Indian Railways’ special purpose vehicle for implementing the dedicated freight corridor (DFC) project in the country, completed the dismantling and reconstruction work of the Valsad road overbridge (ROB) on the Western DFC in a record time of 20 days. The work on the Western DFC’s Vaitarana – Sachin section witnessed a bottleneck of crossing the road over-bridge near the Valsad town in Gujarat, according to a statement released by the railway ministry on Tuesday, June 22. 

Due to limitations, the work on the road over-bridge could not be started. The track-laying project- which utilises the new track construction (NTC) machine, would have been severely impacted.

The Western corridor connecting Dadri in Uttar Pradesh to the Jawaharlal Nehru Port (JNPT) in Mumbai will pass through Gujarat, Haryana, UP, Rajasthan, Gujarat and Maharashtra of Eastern DFC and Western DFC. (Also Read: Rewari-Madar Section Of Western DFC To Benefit Industries: All You Need To Know )

The 306 km long Rewari – Madar section of the Western DFC was dedicated to the country on January 7, 2021. The trial run of 369 km freight corridor between New Palanpur to New Kishangarh was also conducted by railway authorities. The operation control centre (OCC) for the DFC project is situated at Prayagraj.

A total of approximately 2,800 route km of the Western DFC and Eastern DFC (excluding the Sonnagar – Dankuni PPP section) will be commissioned by June 2022, according to the railway ministry. In the commissioned sections, a total of more than 4,000 trains have been operated. The speeds attained by freight trains on the DFC tracks are comparable to any of the fastest mail express trains on the network.



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Latest News Today – A Work From Home Scene In Neena Gupta’s House


Masaba with Satyadeep Misra and Vivek Mehra. (Image courtesy: neena_gupta )

Highlights

  • The 61-year-old actress shared a photo on her Instagram story
  • Masaba Gupta can be sitting on the floor while working
  • “Working from home,” wrote Neena Gupta

New Delhi:

Neena Gupta, who is currently living with her husband Vivek Mehra and daughter, designer Masaba Gupta, in Mukteshwar, Uttarakhand, shared a glimpse of how a typical work day looks like in her house. The 61-year-old actress shared a photo on her Instagram story, in which her daughter and husband can be seen working from home together. But there’s one more thing that made the photo extra special. It also features Masaba Gupta’s boyfriend, actor Satyadeep Misra. While Masaba Gupta can be sitting on the floor, Satyadeep Misra can be seen scrolling through his phone on a chair slightly away from her.

Sharing the photo, Neena Gupta wrote: “Working from home.”

Take a look:

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Screenshot of Neena Gupta’s Instagram story.

Masaba is actress Neena Gupta’s daughter with former West Indies cricketer Vivian Richards, with whom the actress was in a relationship. Neena later married chartered accountant Vivek Mehra.

Earlier in the day, Neena Gupta posted a video of herself nailing the Dhanurasana like a pro at her home. Referring to her loud breathing noise, Neena wrote in the caption: “Dhanurasan with too much noise” with laughing emoticons.

Back in January, Masaba Gupta posted a photo of herself chilling at her mom’s house with Satyadeep Misra. If you haven’t seen that yet, take a look:

Masaba Gupta co-starred with Satyadeep Misra in Netflix series Masaba Masaba, which marked her acting debut. The series also featured Neena Gupta.

In terms of work, Neena Gupta was last seen in Sardar Ka Grandson. She has a film titled Dial 100 and the second season of Masaba Masaba lined up.





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Latest News Today – Google Leads US Business Push to Preserve Work Permits


Google said on Friday it was leading about 30 companies and trade groups in opposing a lawsuit that seeks to stop over 90,000 spouses of highly skilled US visa workers from having jobs in the country.

The organisations contend undoing employment authorisation for spouses would cause financial havoc for families, because most made life choices such as having children or buying homes based on the expectation of two incomes.

A federal judge in Washington is expected to decide in the coming months on the lawsuit challenging the work permits tied to H-4 visas, that are issued to spouses of H-1B visa holders in high-skills roles in tech and other industries.

Google vice president of legal Catherine Lacavera said in a blog post that the company had spearheaded an amicus brief in the case.

Save Jobs USA, a group of IT workers who say they lost jobs to visa workers, filed the lawsuit in 2015. It was delayed as President Donald Trump’s administration considered rescinding the H-4 work rule. But the axe never came, and both the plaintiffs and US President Joe Biden’s administration now are seeking summary judgment.

After hearing employees’ concerns about the uncertainty of the work programme, attorneys for Google contacted trade bodies including the Information Technology Industry Council and together recruited Amazon, Microsoft, Pinterest, the US Chamber of Commerce and other organisations to sign onto the filing, two sources familiar with the discussions said.

A smaller group of businesses including Google last month filed an amicus brief supporting a separate case that seeks an order pushing the government to speed its processing of the work permits.

Businesses in ongoing litigation also are fighting rules Trump imposed requiring higher wages for H-1B holders and prioritizing workers with higher pay for the visas.

© Thomson Reuters 2021




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Latest News Today – Chhattisgarh Cans Work On New Assembly After BJP Taunt


Chhattisgarh Chief Minister Bhupesh Baghel said citizens were priority for the state. (File)

New Delhi/Bhopal:

Bristling at accusations of doublespeak in its attack on the BJP government at the centre for spending crores on remodelling New Delhi’s VIP zone in the middle of the coronavirus crisis, the Congress-led government in Chhattisgarh has put a similar project in the state on hold.

Announcing tougher measures to check the spread of COVID-19, the Chhattisgarh government on Thursday said it had cancelled tenders for the construction of the new assembly building and also stopped work on major projects in the state.

Construction of the new governor’s house, assembly house, chief minister’s house, residences of ministers and senior officers, new circuit house in the “Nava Raipur” area has now been stopped with immediate effect, a statement issued by the state government said.

The “bhoomi pujan” or groundbreaking ceremony for these works was done on November 25, 2019.

“Our citizens – our priority. Foundation stone for the construction of new assembly building, Raj Bhavan, Chief Minister’s residence, residences of ministers and senior officials, new circuit house was laid before start of Corona. Today, all these construction works have been stopped in these times of crisis,” Chief Minister Bhupesh Baghel tweeted in Hindi.

The announcement came two days after BJP chief JP Nadda wrote to Congress president Sonia Gandhi alleging “consistent negativity”, duplicity and pettiness in her party’s criticism of the government’s handling of the COVID-19 crisis.

The Chhattisgarh government’s projects were among the examples of hypocrisy that he cited after the opposition party hit out at the central government for carrying on the construction of the Central Vista project in Delhi that includes a new residence for Prime Minister Narendra Modi and a new parliament.

The Congress was quick to seize Chief Minister Baghel’s announcement and renew its attack on the central government for spending crores amid a shortage of vaccines, oxygen and other necessities, with senior Congress leader and MP Jairam Ramesh tweeting:

Among the worst-hit states in the second wave of the coronavirus pandemic, Chhattisgarh currently has 1.22 lakh active COVID-19 cases and has reported 11,094 deaths, according to the union health ministry.

Announcing its decision to halt the construction projects, the state government said it had “instructed all departments on April 26 that, like the previous year, austerity should be exercised in the financial year 2021-22”.

“Now, even further, on the instructions of Chhattisgarh Chief Minister Bhupesh Baghel, the major construction works in Nava Raipur have been stopped with immediate effect,” its statement said.

The chief engineer of the Public Works Department has issued orders to contractors to stop construction work on these projects, it added.

It said that along with this, “the previously issued tenders for the construction of — Rs 245.16 crore and Rs 118 crore — works for the construction of the new assembly building in Sector-19 have been cancelled with immediate effect”.

(With inputs from PTI)





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Latest News Today – US Senator Found Driving While Pretending to Work From


An Ohio state senator used a virtual background of his home office in an apparent attempt to conceal the fact that he was, in fact, driving while attending a Zoom meeting. The reason Republican Senator Andrew Brenner drew criticism from various quarters was the fact that the Ohio State Assembly had introduced a bill to ban distracted driving the very same day. Despite Brenner’s attempt to show his car as a part of his house using a computer-generated background, a seatbelt across his chest, continuous movement of his hands and his attention to the left and right were enough for people to call his bluff.

Later, the senator defended his actions, saying he wasn’t distracted, adding he was paying attention to driving and listening to the people at the meeting.

“I had two meetings that were back to back that were in separate locations. And I’ve actually been on other calls, numerous calls, while driving. Phone calls for the most part but on video calls, I’m not paying attention to the video. To me, it’s like a phone call,” he said.

As reported by The Guardian, at the beginning of the call, the senator was seen sitting inside a parked car. Minutes later, he left the call and reappeared with wooden cabinets, paintings hanging on the wall, and a house plant in the background.

Brenner continued listening and responding to questions while driving as the background flickered, momentarily giving the glimpses of the road he was driving on.

With House Bill 283, this is exactly what the Ohio state assembly wants to penalise. The new law proposes a ban on writing, sending, or reading texts, viewing videos or taking photos, live streaming and using apps on electronic devices while driving. The new law also makes holding an electronic device while driving a primary offence and permits the police to stop the driver.

Only voice-operated or hands-free use come under exceptions.

Ohio’s Republican Governor Mike DeWine had last year said that the state’s current laws weren’t strong enough to change the culture of distracted driving, and people were dying because of it.

“Distracted driving is a choice that must be as culturally unacceptable as drunk driving is today, and strengthening our current laws will lead to more responsible driving,” DeWine had said last year.


Is Mi 11X the best phone under Rs. 35,000? We discussed this on Orbital, the Gadgets 360 podcast. Later (starting at 23:50), we jump over to the Marvel series The Falcon and the Winter Soldier. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.



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