UAE's Overproduction Threatens OPEC's Future
The UAE is reportedly flouting OPEC+ quotas, producing up to 3.4 million barrels daily. This internal conflict could unravel the 65-year-old oil cartel. Read the full analysis.
Category : Search result: OPEC supply cuts
US: India Not Excluded from Pax Silica Tech Initiative
The US dismisses speculation linking India's absence from the Pax Silica initiative to political tensions, affirming New Delhi as a key strategic partner in supply chain security. Read details.
Bengaluru Water Supply Disruption: Areas Affected
Bengaluru faces water supply disruptions today due to maintenance work by BWSSB. Check the full list of affected areas and timings here.
US Job Cuts Spike, Unemployment at 4.6% Post-Shutdown
US unemployment rate climbs to 4.6% in November, the highest since 2021, amid federal job cuts and economic uncertainty. Key insights on Fed rates and hiring trends.
World Bank Reviews Ludhiana's Water Supply Project
World Bank officials review Ludhiana's ₹650 crore water supply project. Key discussions on timelines, funding, and ensuring 24x7 clean water for the city. Read more.
Saudi Arabia Slashes Oil Price to Asia to 5-Year Low
Saudi Arabia cuts January 2026 crude oil price to Asia to a five-year low as OPEC+ raises output and supply surplus looms. Details on market impact and Chinese demand.
Global Oil Glut: Why Prices May Not Collapse in 2026
Global oil surplus could push prices lower in 2026, but geopolitical tensions from Ukraine to Venezuela may provide a floor. Experts analyse OPEC's role and market balance.
705 Odisha Water Schemes Delayed Due to Land, Contractor Issues
Odisha faces delays in 705 multi-village water supply projects. Minister V Somanna cites land acquisition & contractor issues. Learn about state's corrective measures & plans to tackle water scarcity.
Global Markets: AI, Japan Stimulus, OPEC in Focus for December
Global markets gear up for December with Alphabet's AI surge, Japan's stimulus jitters, and OPEC's output hold. Key insights on stocks, bonds, and oil prices for investors.
OPEC+ to Keep Oil Output Unchanged for Q1 2026
OPEC+ is likely to maintain current oil production levels for early 2026, sources say, as the group navigates market pressures and a potential supply glut. Read the full analysis.
Political Clash Over Chandigarh Water Project in MC Meeting
Chandigarh Municipal Corporation witnessed heated debate over 24x7 water supply project. Congress, AAP demand scrapping, BJP defends. Mayor orders review. Read full details.
Oil Falls on Ukraine Peace Talks, OPEC Meeting in Focus
Crude oil prices declined as Ukraine-Russia peace negotiations continue. All eyes on upcoming OPEC meeting for output decisions. Get latest market updates.
JPMorgan Forecasts Oil Price Plunge to $30 by 2027
JPMorgan predicts Brent crude could fall to $30 by 2027 due to market oversupply. Discover what this means for India's economy and global oil dynamics.
TVS Supply Chain Targets 4% Margin After Global Reset
TVS Supply Chain Solutions completes global restructuring, aims for 4% profit margin by FY27 through cost savings and high-margin business expansion. Read full analysis.
Airlines Face $11B Hit from Supply Chain Woes: IATA
Global airlines face $11 billion losses in 2025 due to aircraft supply chain disruptions. IATA chief Willie Walsh demands better balance with manufacturers as delivery delays continue.
GM Orders Suppliers to Exit China Supply Chains by 2027
General Motors pushes suppliers to move supply chains out of China by 2027 amid geopolitical tensions. Learn how this impacts global automotive manufacturing and supply chain resilience.
GoComets Odyssey Mumbai 2025: Smart Supply Chains
GoComets announces 9th Odyssey Mumbai 2025, focusing on AI-driven supply chain transformation. Join industry leaders on Feb 12-13, 2025.
Chandigarh's ₹6 Crore Annual Water Supply Pilot in Manimajra
Chandigarh Municipal Corporation approves ₹6 crore annual payment for 24x7 water supply pilot project in Manimajra. Learn how this initiative will transform water management.
OPEC hikes oil output by 137,000 BPD from December
OPEC makes strategic move to boost oil production by 137,000 barrels per day starting December, aiming to protect market share as US shale growth shows signs of slowing down.
Nexperia China Faces Chip Supply Crisis from Dutch Parent
Nexperia's Chinese semiconductor operations face severe disruption as Dutch parent company suspends crucial wafer supplies, impacting global chip manufacturing chain.
China rapidly fills oil reserves amid price slump
China is rapidly filling its strategic petroleum reserves as global oil prices hit multi-month lows, raising questions about Beijing's energy strategy and market impact. Discover what this means for global energy markets.
Amritsar's Mega Water Project Review: 24x7 Supply Soon
Amritsar Municipal Commissioner reviews ambitious ₹650 crore water supply project, promising 24x7 clean water to city residents by addressing infrastructure gaps and water scarcity issues.
Oil Prices Rebound After 3-Day Decline
Global oil markets stage recovery as attention shifts to Russian inventory data and Middle East tensions. Brent crude climbs above $83 amid supply concerns and geopolitical factors.
Amazon, UPS, Intel Slash Jobs in October Tech Layoffs
Major technology and logistics companies including Amazon, UPS, and Intel announced significant workforce reductions in October, signaling continued turbulence in the tech sector despite economic recovery.
Amazon India May Cut 1,000 Jobs in Global Restructuring
Amazon's massive global layoffs hit India operations, potentially affecting 1,000 employees across multiple departments including AWS and HR. Get exclusive details on which teams face the biggest impact.
UPS Axes 48,000 Jobs in Major Restructuring Move
Global logistics giant UPS announces massive workforce reduction of 48,000 jobs amid Amazon business decline, Trump-era tariff impacts, and strategic profit-boosting measures. Exclusive analysis.
UPS axes 12,000 jobs in major restructuring move
Global logistics giant UPS announces massive workforce reduction of 12,000 employees as part of sweeping restructuring measures to counter declining revenue and falling share prices. The strategic move aims to streamline operations and boost profitability
Fed Holds Rates Steady Amid Shutdown Concerns
Federal Reserve maintains interest rates at 22-year high as Jerome Powell navigates inflation battle while government shutdown looms. Key insights on when rate cuts might begin.
UPS Axes 34,000 Jobs in 2025 Restructuring
Global delivery titan UPS has eliminated 34,000 positions in just nine months as part of an aggressive turnaround strategy. Discover how this workforce reduction is reshaping one of world's largest logistics companies.
UN Report: Climate Puts World on Dangerous Warming Path
A sobering UN assessment reveals countries' current climate commitments remain critically insufficient to limit global warming to 1.5°C, putting the world on track for dangerous temperature rise.
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