Meanwhile, with China switching its trading partners due to geo-political issues, increased trade with South Africa for bauxite and with the US for coal is also auguring well for vessels with tonne miles going up.
Detectives, superheroes, biopics, documentaries, it's all there on OTT this week. Sukanya Verma offers some suggestions.
'The coronavirus impact is much bigger than what the market had predicted. We are helpless and simply watching the market at present. Nothing can be done,' said Anil Devli, chief executive officer (CEO) of Indian National Shipowners' Association (INSA).
Lavender marriages, time travel and teens turning into furry red pandas, cheer and chaos collide on OTT this week.
Scientists, sci-fi, stand-up, suspense, take your pick of OTT this week. Sukanya Verma makes her recommendations:
The freight rate for the very large crude carriers in the spot market has declined to an average $46,426 a day for the quarter ending December 31, about 21 per cent lower than the corresponding period of the previous year. In the same period, smaller crude carriers such as Suezmax rose by about 9 per cent to an average of $42,801 a day. Freight rate for Aframax, a carrier smaller than Suezmax, rose by 25 per cent to an average of $28,628 a day.
As the curtain come down on 2022, Roshmila Bhattacharya flashbacks to some of the year's news-makers and events.
I remember Alia as a baby when she visited the sets of her father Mahesh Bhatt's Zakhm where I was the hero.'
A Presidential task force on the Prevention of Child Abuse had initiated an investigation into Clarke's conduct in 1988. In February 1998, Clarke denied a story about him in this regard published in a British newspaper. "There will be no investigation on the matter. The chapter is closed. He is the pride of Sri Lanka," a senior official told PTI.
'There are many new elements in the film, like spacecraft, the alien,' Ravi K Chandran on Rakesh Roshan's Koi Mil Gaya.
The government is selling a 51 per cent stake in Shipping Corporation as part of its privatisation programme, from which it plans to raise Rs 12,000 crore in the year to March 2003.\n\n\n\n
As many as six major films are set to arrive in theatres even as OTT continues to thrill us with new content.
'It's a bit different and a bit weird, but it's just something we'll have to get used to'
Medieval heroes, cursed heroes, monsters, scamsters, there's no dearth of action on OTT this week, Sukanya Verma tells us.
'You can't make a film for yourself.' 'You have to make films for your audience.'
With the disruption caused by the second wave of Covid-19 pandemic, the 'fear of unknown' is looming over the government's privatisation drive. Although there is a lot of uncertainty and unpredictability on how things will unfold, the government is hopeful of completing the transactions listed in the Budget with a delay of one to two months, said a top government official. However, "there are many unknown factors now, and we do not know whether there could be a third wave. But we are trying to carry on with our work", the official said." Since there is a lot of uncertainty, the estimates will have to be revised as rating agencies are revising their outlook for growth.
The divestment process, however, will not be an easy affair as there are multiple stakeholders, including the employee unions, whose concerns will have to be addressed.
Ashish Narsale/Rediff.com glances at some of the most interesting robots presented at the latest edition of the Consumer Electronics Show.
'Alia and I have been talking about children since the day we met.'
Murders, miracles, mission IIT, Sukanya Verma suggests everything you can catch on OTT this week.
Zombies, high society, avenging monkeys, reincarnation, twins, meteor strikes, you'll be spoiled for choice on OTT this week. Sukanya Verma makes her recommendations:
Though the NDA government had been trying to privatise 20 companies, a decision for which was taken in 2017, and included national carrier Air India, the investor community evinced little enthusiasm for any of them. Now, with an in-principle approval for privatisation of BPCL, CCI and SCI, the government has taken the plunge again.
The Cabinet Committee on Divestment will meet on Tuesday to discuss among other things relaxation of bidding norms for Shipping Corporation of India to woo foreign bidders while taking Air-India and Indian Airlines off the divestment list.
Zomato could get added to the MSCI and FTSE indices by the end of this year, while an entry to the Nifty or the Sensex would be challenging before the second half of 2022, said Brian Freitas, an analyst at independent research provider Smartkarma, in note. "With nearly the entire pre-IPO shares locked up for one year, the free float will be very low and the stock will need to move higher to around Rs 328 per share (4.3 times over possible IPO price of Rs 76) to be included in the Nifty index (with no change in the market cap of the smallest index constituent). "We can be reasonably certain that Zomato will not be included in the Nifty index till the September 2022 rebalance at the earliest," he said.
Priyanka Chopra Jonas and hubby Nick Jonas are reminiscing about their first date, two years ago.
Aseem Chhabra presents his list of 10 international films that mattered to him, stories that he connected with and characters that gave him a better understanding of the human condition.
Social media giant Facebook is planning to rebrand the company with a new name next week. As per The Verge, the company is planning to change its name to reflect its focus on building the metaverse, according to a source with direct knowledge of the matter. The name change, which CEO Mark Zuckerberg plans to talk about at the company's annual Connect conference on October 28, but could unveil sooner, is meant to signal the tech giant's ambition to be known for more than social media and all the ills that entail.
A look at the big winners of the night.
An official said the government is preparing the financial statements and getting the data room ready for the sales, suggesting that such aspects take time.
There are quite a few movies that still don't have a title.
Joginder Tuteja looks at the movie releases in 2022.
Sci-fi blockbusters, massy masala, poignant classics, playful cartoons, Sukanya Verma has something for every taste on OTT this week.
The gorgeous actress has signed up as many as nine films, which are in various stages of production.
Actors can take up all sorts of roles and characters and look totally unrecognisable in them.
