पेट्रोल पंपों पर लागू कोटा सिस्टम, अब तय लिमिट से 1 बूंद भी ज्यादा नहीं खरीद पाएंगे डीजल

पेट्रोल पंपों पर लागू कोटा सिस्टम, अब तय लिमिट से 1 बूंद भी ज्यादा नहीं खरीद पाएंगे डीजल


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Key points generated by AI, verified by newsroom

  • सरकार ने खुदरा पंपों से थोक ईंधन खरीद पर रोक लगाई.
  • थोक खरीदार अब सीधे बल्क बिक्री केंद्रों से ईंधन लेंगे.
  • एक वाहन को प्रतिदिन 200 लीटर डीजल ही मिलेगा.
  • यह फैसला तेल कंपनियों का राजस्व नुकसान रोकने हेतु.

Petrol-Diesel Limit: सरकार ने सरकारी तेल कंपनियों के रेवेन्यू में हो रहे नुकसान को रोकने के लिए पेट्रोल पंपों पर थोक में ईंधन खरीदने पर पूरी तरह रोक लगा दी है. यानी कि नए नियमों के तहत, थोक खरीदार अब रिटेल पेट्रोल पंपों से तेल नहीं खरीद पाएंगे.

अब तक मॉल, अस्पताल, बड़ी फैक्ट्रियां, ट्रैवल एजेंसियां और निजी बस ऑपरेटर्स, जो पहले रिटेल पंपों से भारी मात्रा में डीजल खरीदते थे, वे अब ऐसा नहीं कर पाएंगगे. उन्हें केवल बल्क सेल पॉइंट्स से ही डीजल खरीदने की अनुमति होगी. 

कितनी तय की गई है लिमिट?

साथ ही एक गाड़ी के लिए एक दिन में अधिकतम 200 लीटर की लिमिट भी तय कर दी है. इसके चलते आम जनता और छोटे कमर्शियल वाहन भी पेट्रोल पंपों पर एक बार में या एक दिन में 200 लीटर से ज्यादा डीजल नहीं खरीद पाएंगे.

इस फैसले से आम पेट्रोल पंपों पर होने वाली भारी भीड़ और अचानक होने वाली तेल की किल्लत पर रोक लगेगी, जिससे आम वाहन चालकों को आसानी से ईंधन मिलता रहेगा. इस बीच, बीते शुक्रवार को अमेरिका-ईरान के बीच समझौते की खबरों से कच्चे तेल की अंतरराष्ट्रीय कीमत 86 डॉलर प्रति बैरल से नीचे आ गई.  

क्यों लगाई गई पाबंदी? 

इस बार खासकर डीजल की बिक्री पर पाबंदी लगाई गई है. नोटिफिकेशन में कहा गया है, “रिटेल आउटलेट डीलर HSD (हाई स्पीड डीज़ल या डीजल) सिर्फ गाड़ी के टैंक या PESO से मंजूर कंटेनर में ही देंगे. एक ग्राहक या गाड़ी को एक दिन में 200 लीटर से ज्यादा डीजल नहीं दिया जाएगा और इस HSD को दोबारा बेचा नहीं जा सकेगा.” यह आदेश तुरंत लागू हो गया है और ज्यादा से ज्यादा तीन महीने के लिए जारी किया गया है.

सरकारी तेल मार्केटिंग कंपनियों (OMCs) के अधिकारियों और एग्जीक्यूटिव ने नाम न बताने की शर्त पर कहा कि यह कदम असली ग्राहकों के लिए पेट्रोल और डीजल की उपलब्धता पक्का करने और ऑटो फ्यूल के गलत इस्तेमाल (डायवर्जन) को रोकने के लिए उठाया गया है क्योंकि पंप की कीमत और थोक बिक्री की कीमत में बहुत ज्यादा अंतर है. दिल्ली के पंपों पर डीजल की कीमत 95.20 रुपये प्रति लीटर है, जबकि थोक में इसकी कीमत 134.50 रुपये प्रति लीटर है.

ये भी पढ़ें:

Petrol-Diesel News: चक्का जाम की आशंका? पेट्रोल-डीजल के नए नियमों से ट्रांसपोर्टर परेशान, बढ़ सकता है मालभाड़ा 



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Scientists trace origin of euphrates river in major geological discovery

Scientists trace origin of euphrates river in major geological discovery


Scientists have uncovered new details about the origin of the Euphrates River, one of the world’s most historically significant waterways. (A file photo)
| Photo Credit:
NOUR FOURAT

Uruk, the world’s first metropolis and the birthplace of written language, was nourished by the Euphrates River, as was Babylon, ancient Mesopotamia’s grandest city. The fertile plain between the Euphrates and its companion waterway, the Tigris River, was one of humankind’s cradles of civilization.

Researchers now have deciphered how the Euphrates first formed, looking much further back in time than the era of these great urban centers that arose mere millennia ago. Guided by seismic images of buried sediments and other data, they said the Euphrates appears to have been born between 3.6 million and 1.6 million years ago as two earlier river systems merged due to tectonic activity in the Taurus Mountains in the southern part of modern-day Turkey.

A river spanning modern nations

The Euphrates, the longest river in southwest Asia, extends about 1,700 miles (2,800 km), originating in Turkey and flowing through Syria and Iraq before emptying into the Gulf. Present-day cities on the banks of the Euphrates include Birecik in Turkey, Raqqa in Syria, and Ramadi, Fallujah, and Nasiriyah in Iraq. Ancient cities on the Euphrates also included Ur and Mari.

While the Euphrates has long shaped the region’s geology, the timing of its origin and the evolution of its present course had remained enigmatic. The researchers said decoding the river’s backstory was important for understanding the milestones in human culture in agriculture, writing, urban development, and other areas that occurred on its floodplains.

Seismic imaging reveals buried river systems

Geologists using subsurface seismic data while trying to identify possible gas reserves under the Mediterranean spotted buried channel-like features dating to a time more than 5 million years ago when large parts of the sea had dried up, an event called the Messinian salinity crisis.

They determined that two separate rivers—predecessors to the modern-day Karasu and Murat rivers in Turkey—flowed across a region spanning Turkey and Syria and emptied into the Mediterranean basin. The scientists believe tectonic activity in this earthquake-prone region caused the Murat predecessor to divert toward the Gulf, with the Karasu predecessor later joining it. This, they said, formed a powerful single river system that became the Euphrates.

Seismic technology uncovers hidden landscapes

A key tool used by the scientists was seismic imaging, a technique that creates detailed two- and three-dimensional maps of Earth’s subsurface by recording how sound waves travel through and bounce off underground rock layers. It was through seismic imaging that they detected the features that were ancient river channels hidden beneath the seabed.

“This technology is the equivalent of using ultrasound to image fine details of a developing baby or an arthritic knee, but in this case we use it to image buried gravels, sands, mud, limestone and salt that have been compacted and turned into rock,” said University of Western Australia geoscientist Simon Lang, who helped with the study published in the journal Nature Geoscience, along with geologist Andrew Madof of Chevron.

Ancient river strength and reconstruction of origins

The scientists, through modeling of the underground features, determined that these two ancient rivers had flow rates exceeding the modern-day Nile and Tigris-Euphrates. Working backward, the scientists traced the two ancient rivers to onshore Turkey. By examining geological data from sediments in valleys and coal deposits now uplifted into the Taurus Mountains, they determined that the present-day Karasu and Murat rivers were likely the original sources of those buried channels.

“But somehow they had got cut off from their western lower valley reaches, and had joined together to form what is now the modern-day Euphrates River. That ‘somehow’ was, of course, tectonic activity across eastern Anatolia,” Lang said.

“Today, the waters along the Euphrates and the Tigris join near Basra to form a huge delta at the head of the Persian Gulf. They have filled in a large area of Mesopotamian plain upon which early agriculture developed, including early city-states and the development of cuneiform writing so vital to early human development,” Lang said.

Rivers as dynamic geological systems

The flow of even the mightiest rivers can be changed by dramatic geological events. “The biggest river on the planet—the Amazon—used to flow west towards modern-day Colombia and Peru towards its paleo-Pacific deltaic coast before the rise of the Andes. As the Andes grew with huge uplifts, all the former distributaries reversed direction over millions of years, and now the Amazon flows into the Atlantic,” Lang said.

Published on June 13, 2026



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NCLT declares congress MLC Naseer Ahmed insolvent in Rs 1454 crore loan default case

NCLT declares congress MLC Naseer Ahmed insolvent in Rs 1454 crore loan default case


The case involves a garments company where Ahmed and his family served as directors and personal guarantors. After repeated defaults and failed repayment proposals, the Bengaluru bench of the NCLT rejected their arguments and appointed an insolvency trustee.

In a major setback for Congress MLC Naseer Ahmed, the National Company Law Tribunal (NCLT) has declared him insolvent over default on bank loans and interest totalling Rs 1,454.71 crore. The order puts his Legislative Council membership and voting rights at risk.

The case relates to a garments limited, where Naseer Ahmed was Managing Director and his wife Ayesha Naseer and son Avez Ahmed were directors. The company had taken loans from SBI, Canara Bank, and IDBI Bank, with Naseer, his wife, and son standing as personal guarantors. After the company incurred losses, it failed to repay dues. Despite recovery efforts, the banks were unable to recover the money and classified the loans as Non-Performing Assets (NPA).

They then initiated loan recovery proceedings before the NCLT. In 2019, resolution and recovery proceedings were initiated under the Insolvency and Bankruptcy Code (IBC), along with the process to attach the company’s assets.

Failed repayment proposal

During the resolution process, Naseer and his family submitted a proposal to pay Rs 791 crore to the banks. The NCLT had directed Naseer and the other guarantors to submit a repayment plan. The tribunal noted that even after several months, the guarantors failed to submit the plan, prompting banks to seek initiation of insolvency proceedings.

The Bengaluru bench of the NCLT, comprising Judicial Member Sunil Kumar Agarwal and Technical Member Radhakrishna Sripada, heard the case.Naseer and his family argued that they had not provided a direct guarantee to the banks, and insolvency proceedings could not be initiated against them. The bench rejected the contention and declared Naseer and his family members insolvent. For further proceedings, the NCLT has appointed Ravindra Beleyur as the insolvency trustee.

Legal consequences under insolvency law

As per Section 140 of the Insolvency Code, a person declared insolvent cannot continue in any government or elected post. Article 191(1)(c) of the Constitution also mandates disqualification. Accordingly, Naseer Ahmed faces disqualification from his Legislative Council membership and will be barred from contesting elections. He also stands to lose his voting rights.

Restrictions on assets and financial activity

Under Section 125 of the Insolvency Code, the bankruptcy trustee is empowered to attach the assets of Naseer and his family to recover the outstanding dues. Without the trustee’s permission, Naseer and the other guarantors cannot take fresh loans, sell assets, or enter into agreements with other companies. Even if he runs a partnership with prior approval, he must disclose his insolvent status to partners. Foreign travel will also require the trustee’s approval.

Following the NCLT order, legal and constitutional experts say Naseer Ahmed’s continuation as an MLC is untenable.

Published on June 13, 2026



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EXPLAINER-SpaceX’s  billion IPO features a greenshoe option – explained

EXPLAINER-SpaceX’s $75 billion IPO features a greenshoe option – explained


SpaceX leadership members and guests celebrate on a balcony at the Nasdaq MarketSite on the day of SpaceX’s initial public offering (IPO), in New York City, U.S., June 12, 2026.
| Photo Credit:
Brendan McDermid

SpaceX raised a
record $75 billion in its IPO on ​Friday after selling about 5%
of its outstanding shares, but it could ⁠raise even more under a
provision designed to keep trading smooth in the first few weeks
after a company goes public.

The company’s initial public offering includes a so-called
greenshoe option, a standard feature ‌of most large U.S. stock
market listings that acts like a safety valve that keeps the
stock price from going crazy one way or another in ‌its first
month of life.

SpaceX gave Morgan Stanley, which is acting as the
stabilization ‌agent ⁠for the company, the option to purchase an
additional 15% of its ⁠stock at the IPO price of $135 a share for
up to 30 days – or about 83 million in additional shares on top
of the 555.6 million SpaceX already sold.

Those additional shares, however, haven’t been issued by ​the
company yet, so the bank has ‌to effectively sell them on the
open market through a short position and buy them from the
company later.

The process begins before trading starts. Underwriters
typically allocate and sell up to 15% more shares than are
initially being offered. In SpaceX’s case, that ‌means investors
could ultimately receive as many as 638.9 million shares if the
option ​is exercised in full and an additional $11.2 billion in
capital for SpaceX.

The mechanism serves two purposes: it gives underwriters a
way to support orderly ⁠trading and provides issuers with the
opportunity to raise up to 15% more capital if demand proves
strong.

The direction of the stock determines which path they take.

GREENSHOE HISTORY

The greenshoe option, formally ‌known as an over-allotment
option, takes its name from Green Shoe Manufacturing, the first
company to use the structure in its 1960 IPO. It remains the
primary mechanism investment banks use to help manage volatility
in newly listed stocks.

In 2014, Alibaba fully exercised the greenshoe option in its
IPO to keep shares from skyrocketing. The Chinese e-commerce
giant priced its shares at $68, but overwhelming demand pushed
the stock to a 38% gain above the IPO ‌price on their first day.

As a result, underwriters exercised the full 15% greenshoe
option, purchasing an additional ​48 million shares directly from
Alibaba at $68 to cover their short. The move increased total
proceeds raised to about $25 billion, making it the largest IPO
in ⁠history at the time.

Uber’s IPO in 2019 didn’t go as well. It priced at $45 but
quickly ⁠fell below that level as investors balked at the
company’s path to profitability and broader market weakness.

Because the stock was trading below the IPO price, ‌it made
little sense for underwriters to buy additional shares from Uber
at $45. Instead, underwriters purchased shares in the open
market to prop up the stock. That helped moderate ​selling
pressure, though the stock still fell 7% on that first day.

Published on June 13, 2026



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With smooth SpaceX debut, Wall Street sets new benchmark for mega IPOs

With smooth SpaceX debut, Wall Street sets new benchmark for mega IPOs


The New Year’s eve ball ascends following the closing bell at the Nasdaq MarketSite, on the day of SpaceX’s initial public offering (IPO) in New York City, U.S., June 12, 2026.
| Photo Credit:
David Dee Delgado

A collective sigh of relief
swept across Wall Street after trading for ‌SpaceX’s landmark
Nasdaq launch went smoothly, setting a new template for the
trading firms and exchanges that ​are bracing for the giant IPOs
of OpenAI and Anthropic later this year.
SpaceX’s record-breaking debut on ⁠Friday dwarfed the previous
largest flotation on U.S. exchanges by nearly three times. The
sheer size of the launch had worried market participants who had
lingering bad memories from the disastrous stock market debut of
Facebook in 2012.

However, trading systems at the banks underwriting the IPO,
exchanges, ‌market makers, clearinghouses, and other market
infrastructure firms held up to the challenge of processing
millions of client orders.
“People go back to the Facebook … days and ‘was this going to
turn into one of those companies,’ ‌but I honestly think the
banks in the U.S. did a fantastic job, the SpaceX crew did a
fantastic ‌job ⁠telling the story when they did their rounds. And
as you can see it went extremely smoothly,” ⁠said Jeff Parks, CEO
of Canadian investment firm Stack Capital Group. Nearly a third
of Stack’s portfolio is SpaceX, in which the company began
investing in 2021.
He was referring to the turbulence that surrounded Facebook’s
ill-fated IPO, when technical problems turned a landmark listing
into one of Wall Street’s most notorious ​trading fiascos. It
left investors and brokers in limbo ‌for hours and ultimately
cost market makers hundreds of millions of dollars.

According to Citadel Securities, the largest U.S. retail
market maker, SpaceX’s debut generated the highest retail order
activity for an IPO auction ever. A Citadel Securities
spokesperson said the firm handled the majority of the retail
orders for SpaceX.
Morgan Stanley, the so-called “stabilization agent” for the
glitzy market debut, ‌had the key role in managing SpaceX’s
market opening. The bank had to ensure an orderly rollout ​even
as it grappled with unprecedented investor demand. A
stabilization agent typically buys up shares in the open market
to shore up stocks that witness steep declines on opening day.

One of the lead ⁠underwriters advising SpaceX, who requested
anonymity as the matter is confidential, said the IPO was a
monumental event for the exchanges and the banks and crucial to
get right.

Trading platform Charles Schwab said it has seen well over a
million orders in SpaceX ‌in the first few hours of trading,
which is a significant figure in comparison to past IPOs,
according to a spokesperson for the company.
Reuters reported on Thursday that Wall Street traders, brokers
and exchanges had been stress-testing their trading systems for
several weeks leading up to the blockbuster IPO.
SpaceX shares “are not going up in huge blocks, but they’re
bleeding higher, and a lot of that is due to a little bit more
of a boring and softer opening print than a lot of folks
expected,” said Mike Dickson, head of research & quantitative
strategies at Horizon Investments. “I’m a little surprised
there’s not more volatility, given ‌a lot of the oversubscription
headlines.”

SMOOTH ROLLOUT

Past trading debuts for large IPOs have often faced delays
because exchanges must match enormous volumes of buy ​and sell
orders before determining an opening price. For SpaceX, the
stock started trading shortly before noon on Friday. That was
relatively early compared to the recent IPOs of Cerebras Systems
and Quantinuum, which opened ⁠later in the afternoon on their
respective debut days.

Barring some issues with early trading on Robinhood on
Friday, Wall Street largely skirted ⁠the technical glitches that
hampered Facebook’s rollout in 2012 – much to the relief of
Nasdaq, the market makers, and investors.

“We all worked really well together. We did a lot of
preparation with our banking partners,” said Nasdaq ‌CEO Adena
Friedman in an interview with CNBC on Friday. “We made sure that
we were talking to all of the firms throughout the process of
preparing for this, and it came off really flawlessly.”

Published on June 13, 2026



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SpaceX closes debut up 19.2% as Wall Street rallies on record IPO momentum

SpaceX closes debut up 19.2% as Wall Street rallies on record IPO momentum


SpaceX leadership members and guests celebrate on a balcony at the Nasdaq MarketSite on the day of SpaceX’s initial public offering (IPO), in New York City, U.S., June 12, 2026.
| Photo Credit:
Brendan McDermid

U.S. stocks ended higher ‌on Friday as
investors held out hope for a peace deal between Iran and the
United States ​and as SpaceX shares surged in their debut, making
it Wall Street’s biggest public listing ⁠in history.
The United States and Iran signalled that an agreement to end
their war was close, with a senior U.S. administration official
saying a draft proposal was in place that was liked by both
sides. U.S. President Donald Trump has said several times ‌since
mid-March that a deal with Iran to end the war was close.
Market participants were glued to shares of Elon Musk’s SpaceX
, which began trading on the Nasdaq on Friday. Its
shares ‌closed up 19.2% at $160.95, well above the IPO price of
$135 apiece. Its market capitalization was last ‌at $2.1
trillion.

Shares ⁠of other space stocks, which soared in the lead-up to
the debut, eased on Friday. Rocket ⁠Lab’s stock fell
10.8%, while Intuitive Machines was down 13.1% and
Planet Labs declined 8.8%.

The reported progress in peace talks helped to lift
sentiment, said Jake Dollarhide, chief executive officer of
Longbow Asset Management in Tulsa, Oklahoma.

“There’s still hope for a peace deal. Trump called off the
attacks … ​Third parties are confirming a peace deal is
happening.”

That ‌puts pressure on oil prices and reduces worries about
higher inflation and interest rates, he said.

Investors were also looking ahead to next week’s Federal
Reserve policy meeting, which will be the first under the
leadership of Kevin Warsh. Traders will be looking for any signs
of whether a rate hike is likely as fed ‌funds futures traders
price in a 55% chance of an increase by December.

The Dow Jones Industrial Average ​rose 353.51 points,
or 0.70%, to 51,202.26, the S&P 500 gained 37.16 points,
or 0.50%, to 7,431.46 and the Nasdaq Composite gained
79.18 points, or 0.31%, to 25,888.84.

The small-cap Russell 2000 ⁠nabbed a record closing
high.

Stocks also ended higher for the week, with each of the
three major indexes up roughly 7% for the period.
But U.S. equity funds saw their first weekly outflow in three
weeks, and earlier this week the ‌technology index
confirmed a correction. Analysts believe some of the recent
weakness could be due to traders trimming holdings ahead of
SpaceX’s debut.

SpaceX is now ranked among the biggest publicly listed U.S.
companies.

Mike Dickson, head of research and quantitative strategies
at Horizon Investments in Charlotte, North Carolina, said he was
surprised by the lack of volatility in SpaceX so far, given the
hype around the IPO.

IPOs of AI companies OpenAI and Anthropic are also highly
anticipated later in the year.
SpaceX, which also includes Starlink and xAI, has already defied
some Wall Street conventions.

Some analysts have voiced caution, however, over ‌the
fundamentals of the company, which posted more than $4 billion
in annual losses last year.

“Sentiment could easily turn sour because SpaceX is ​truly
overvalued at this level,” Dollarhide said.

Shares of Tesla, another Musk company that trades at a
premium to its earnings, ended 1.8% higher.
On the flip side, Adobe slid 6.8% after the exit ⁠of CFO
Dan Durn.

Advancing issues outnumbered decliners by a 2.07-to-1 ratio
on the New York Stock Exchange. There were 372 new ⁠highs and 66
new lows on the NYSE.

On the Nasdaq, 2,678 stocks rose and 2,185 fell as advancing
issues outnumbered decliners by a 1.23-to-1 ratio. The S&P 500
posted 35 new 52-week highs and ‌10 new lows while the Nasdaq
Composite recorded 200 new highs and 112 new lows.

Volume on U.S. exchanges was 19.73 billion shares, compared
with the 20.7 billion average for the full session over the last
20 ​trading days.

Published on June 13, 2026



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