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Oil prices rallied on Monday after top producers agreed to slash output and shore up coronavirus-ravaged energy markets, but some analysts were concerned the cuts did not go far enough.
US benchmark West Texas Intermediate was up 7.7 percent at $24.52 a barrel in Asian trade while Brent crude, the international benchmark, put on 5 percent to $33.08 a barrel.
OPEC producers dominated by Saudi Arabia and allies led by Russia met via videoconference for an hour on Sunday in a last effort to cement a deal struck early on Friday.
(Source: AFP)
Veteran Congress leader and former Union minister MV Rajasekharan passed away at a hospital in Bengaluru on Monday after prolonged illness, family sources said. He was 91.
The Congress leader was ailing from old-age-related diseases. He is survived by his wife Girija Rajasekharan, two sons and two daughters.
(Source: PTI)
A Pakistan Army trainer aircraft, Mushaq, crashed on Monday during a routine mission, Dawn reported, citing the media wing of the country's military.
Two pilots were killed in the crash.
(Source: Dawn)
Two people have been killed in a cylinder blast at a chemical factory in Maharashtra's Palghar.
(Source: ANI)
An earthquake of magnitude 2.7 hit Delhi on Monday. Tremors were also felt in and around Delhi on Sunday.
(Source: PTI)