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BusinessPhoto: Hindu Business

HPCL Chief Says Crude Oil Sourcing Volatile, More Procured on Landed Basis

Vikas Kaushal, Chairman and Managing Director of Hindustan Petroleum Corporation Limited (HPCL), stated that crude oil sourcing is currently very volatile and unpredictable. HPCL is procuring more crude oil on a delivered (landed) basis rather than free-on-board (FOB) or term contracts. Delivered basis purchases mean the seller covers shipping costs and risks until the oil reaches HPCL's port or facility. HPCL's gross refining margin was $32.15 per barrel in the recent quarter.

Hindu Business··Mumbai

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PoliticsPhoto: News18 Hindi

ED Seals Flat Linked to Dawood's Associate, Regains Control After Illegal Occupation

The Enforcement Directorate (ED) registered an FIR at Kasarvadavali police station regarding illegal occupation of a sealed flat in Thane linked to Iqbal Kaskar in a money laundering case. Some individuals broke the lock, removed the legal notice, and claimed ownership. The ED, with police presence, changed the lock and regained possession of the flat.

News18 Hindi··Thane

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PoliticsPhoto: NDTV

Meghalaya Speaker Recognizes Merger of 3 UDP MLAs with NPP

The Meghalaya Speaker has officially recognized the merger of three UDP MLAs—Paul Lyngdoh (West Shillong), Renikton Lyngdoh Tongkhar (Mawkyrwat), and Nujorki Sungoh (Mowkaiaw)—with Conrad Sangma's National People's Party (NPP). Following the Speaker's order on October 23, these MLAs will now be seated as NPP members in the Meghalaya Legislative Assembly.

NDTV··Meghalaya

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WorldPhoto: HT World

Seven killed, 34 injured in church shooting during funeral in Jordan

Gunmen opened fire at a Greek Orthodox church in Karak, Jordan, during a funeral on Friday, killing seven people and injuring 34 others. The attackers, three men armed with pistols and a semiautomatic rifle, fled after the shooting. Authorities said the assailants are unknown and investigations are ongoing. Karak has a minority Christian population and experienced a deadly attack in 2016.

HT World··Karak

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SportsPhoto: HT Sports

Bodhana Sivanandan Becomes Youngest Female International Master at 11

Bodhana Sivanandan, an 11-year-old British chess prodigy of Indian origin, broke Judit Polgar’s nearly 40-year-old record by becoming the youngest female International Master (IM) in chess history. She secured her final IM norm by defeating WIM Viktoria Johansson at the European Club Cup. Bodhana is the seventh youngest IM ever and holds multiple records, including youngest female WIM and youngest girl to defeat a grandmaster.

HT Sports··Harrow

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BusinessPhoto: News18 Hindi

India Becomes Third Largest Arms Supplier to Europe

India has emerged as the world's third largest supplier of defense equipment and weapons to Europe. Defense Secretary Rajesh Kumar Singh cited a Bloomberg report highlighting increased demand for Indian ammunition and artillery shells due to Europe's 'Rearm Europe' campaign. India's total defense exports have reached a record ₹38,424 crore, supplying arms to over 80 countries.

News18 Hindi·

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