India's appetite for imported crude oil may wane in fiscal year (FY) 2023 from record levels in pre-pandemic 2019-20 fiscal as higher oil prices, a spillover from the conflict in Ukraine, and increasing use of biofuels affect domestic demand for petroleum products. Brent crude surged to a nine-year high, shy of a July 2008 record $147.50 a barrel, before declining to around $100 a barrel - but the volatility in commodity rates will slow global economic growth and use of fuels. Demand for all oil products may grow at only 2-3 per cent in FY23, slower than the current fiscal and nearly half the 5.5 per cent growth estimated by the petroleum ministry, according to industry officials.
A total of 16 resolutions were passed in the crucial All India Dravida Munnetra Kazhagam general council meeting held in Chennai on Monday in which Edappadi K Palaniswami was appointed as the party's interim general secretary and O Paneerselvam was expelled for "anti-party" activities.
Dravida Munnetra Kazhagam legislator and the party's youth wing secretary Udhayanidhi Stalin was sworn in as minister in Chennai on Wednesday by Tamil Nadu Governor R N Ravi.
A day before the launch of the Kangana Ranaut starrer Thalaivi's trailer, the makers treated us to lovely visuals from the film.
The Indian Olympic Association president Narayanswami Ramachandran on Friday claimed that the government has agreed to consider the possibility of India bidding for the hosting rights of the 2032 Olympic Games.
Ending four days of uncertainty, Thechikkottukavu Ramachandran was given the conditional nod on Saturday to participate in the Thrissur pooram after the animal cleared the fitness test.
Kamal said many of his fellow candidates were of the opinion that he would disappear from politics and re-enter cinema.
Jayalalithaa was the third chief minister in Tamil Nadu to die in office, after her mentor M G Ramachandran (1987) and before that his mentor C N Annadurai (1969). The state government should have evolved protocols for the medical care of the incumbent, and institutional memory should have guided the government and officials in the matter, points out N Sathiya Moorthy.
'This setback is only transient, and this too shall pass.'
In a disciplinary action, three other functionaries, also belonging to Theni party district like Raja were dismissed.
In his first political remarks since December 31 last when he announced he will enter politics, Rajinikanth, who has a large fan following, said there was a 'vacuum for a good leader' in the state politics currently.
The Indian Olympic Association presented cash rewards worth Rs 20 lakh, 10 lakh, and 7.5 lakh to the gold, silver and bronze medallists respectively.
It may be for the first time that any leader in any political party in Kerala had taken such a step to register their protest against the party leadership for denying poll ticket.
The department of vigilance and anti-corruption in Tamil Nadu on Thursday carried out searches at over 20 premises and locations related to former All India Anna Dravida Munnetra Kazhagam minister K C Veeramani, including at his native Jolarpettai in Thirupatthur district in connection with a disproportionate assets case, the police said.
'I felt insulted, very hurt, that Indian cinema meant only Hindi cinema.'
Blame the voter, who invariably chooses the promise of hand-outs today in preference to a vague promise of, say, better schools tomorrow. Getting the Supreme Court to issue an edict, or Parliament to pass a law, is no solution, observes T N Ninan.
The makers of the film Thalaivi introduced one of its stellar characters, Tamil Nadu's former chief minister MGR, on his 103rd birth anniversary on January 17.
It is not unlikely that ahead of the Lok Sabha elections, the BJP government comes up with more imaginative schemes aimed at constituency-building. The party under Modi's leadership has a more modern thinking in such matters unlike its rivals, which are still steeped only in ideology, points out N Sathiya Moorthy.
The Bharatiya Janata Party's key ally in Tamil Nadu, the All India Anna Dravida Munnetra Kazhagam on Wednesday slammed the saffron party alleging that it is anti-Tamil and claimed that the party could never grow in the state.
Kerala Governor Arif Mohammed Khan's move to seek the resignation of vice-chancellors of nine universities has kicked up a huge political storm in the southern state with Chief Minister Pinarayi Vijayan on Monday issuing a stern warning to the Constitutional head asking him not to cross the limits of his powers.
J Deepa, niece of late chief minister of Tamil Nadu J Jayalalithaa, officially received the keys to the Poes Garden residence of her aunt on Friday, bringing to close a protracted legal battle to obtain the custody of the palatial building.
After getting a green signal from the Supreme Court, Yechury said he will visit Jammu and Kashmir on Thursday to meet Tarigami.
Declaring the organisational poll results to top two posts, party's election official C Ponnaiyan said Panneerselvam and Palaniswami were elected unanimously, without contest to the posts of Coordinator and Joint Coordinator respectively.
Asking her to keep away from the party, senior party leader K P Munusamy asserted that under no circumstances could Sasikala enter the AIADMK.
Though another 75 candidates are in the fray, the Elangovan-Thennaruasu fight has become a prestige battle for the DMK and AIADMK, points out N Sathiya Moorthy.
Observers are of the view that it would be a challenge for any leader to match their charisma and political influence.
'He provokes you intellectually so hard that you really break out of your shell and come up with something creative.' 'He can extract a creation out of you, such is the power of Godard and his films.'
Nine people, including five students, were killed after a private tourist bus hit a state-run KSRTC bus from behind at Vadakkenchery in Palakkad district, Kerala Road Transport Minister Antony Raju said on Thursday.
First it was called content-led commerce. Then it came to be known as influencer-led commerce. And its latest iteration is creator economy. This evolution of the terminology for online personas impacting buying decisions -- through blogs, memes, bite-sized videos, and podcasts -- has happened over the past five to seven years.
"In democracy, a political party cannot be stopped from functioning by sealing its office", observed the Supreme Court Monday as it dismissed the plea of ousted All India Anna Dravida Munnetra Kazhagam leader O Panneerselvam (OPS) against the Madras high court order directing him to hand over the keys of party headquarter to party chief K Palaniswami.
Arvind Swami will be seen as legendary star-politician M G Ramachandran aka MGR, Jayalalitha's mentor.
Incidentally, Pannerselvam's call for unity also pertained to deposed AIADMK leader VK Sasikala and her nephew TTV Dhinakaran.
The Jharkhand Olympic Association joined Hockey India and the Bowling Federation of India in demanding a No Confidence Motion against incumbent IOA president N Ramachandran by calling a Special General Body Meeting.
'It is in the form of the nava shaktis that Durga or Adi Shakti lives inside everyone.'
At the same time VK Sasikala, confidante of late party matriarch J Jayalalithaa is staking claim to the late leader's legacy.
The speaker had suspended 45 members last week for unruly behaviour.
Devas Multimedia has seized $87,457.47 cash that ISRO's commercial arm Antrix Corporation held in the US as it looked to enforce a $1.2 billion compensation it had won over a cancelled satellite deal, its lawyer said on Wednesday. Devas Multimedia America Inc had sought seizure of $145,000 but the actual recovery was $87,457.47 (a little less than Rs 70 lakh). This came after it secured a favourable order from the Eastern District Court of Virginia, Matthew D McGrill said.
International Olympic Committee (IOC) president Thomas Bach, who is scheduled to meet Prime Minister Narendra Modi later this month, feels that a huge country like India should win more Olympic medals and aim to become a sporting powerhouse in the future
Brent crude oil price surged 4 per cent on Friday, following tension between Iran and the US. Airlines, however, have been unable to pass on the price increase to customers due to the soft demand.
