Manila (AP): An offshore earthquake with a preliminary magnitude of 7.6 hit off a southern Philippine province Friday morning, and a hazardous tsunami was possible nearby.

The Philippine Institute of Volcanology and Seismology said it was expecting damage and aftershocks from the earthquake, which was centred at sea about 62 kilometres southeast of Manay town in Davao Oriental province and was caused by movement in a fault at a shallow depth of 10 kilometres.

The Pacific Tsunami Warning Center in Honolulu said hazardous waves were possible within 300 kilometres of the epicentre.

It said waves up to 3 metres above normal tides were possible on some Philippine coasts near the epicentre. Smaller waves were possible in Indonesia and Palau.

The Philippines is still recovering from a September 30 earthquake with a magnitude of 6.9 that left at least 74 people dead and displaced thousands of people in the central province of Cebu, particularly Bogo city and outlying towns.

One of the world's most disaster-prone countries, the Philippines is often hit by earthquakes and volcanic eruptions because of its location on the Pacific “Ring of Fire,” an arc of seismic faults around the ocean.

The archipelago also is lashed by about 20 typhoons and storms each year, making disaster response a major task of the government and volunteer groups.

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Bengaluru (PTI): Karnataka Deputy Chief Minister D K Shivakumar on Sunday said that there was no benefit for the state from the union budget presented by Finance Minister Nirmala Sitharaman in the Parliament. 

He, however, said that he is yet to go through the budget in detail. 

"There is no benefit for our state from the central budget. I was observing it. They have named a programme after Mahatma Gandhi now (after repealing the MGNREGA act that was named after Gandhi) ," Shivakumar said.

Speaking to reporters here, he demanded that the MGNREGA act be restored, as he also made it clear that the new rural employment legislation -- VB-G RAM G -- that has been enacted with a 60:40 percent fund sharing formula between the Centre and state governments, cannot be implemented. 

"I don't see any major share for our state from this budget," he added. 

Stating that there were expectations for Bengaluru from the central budget, Shivakumar, who is also the Minister in-charge of the city's development, said that Prime Minister Narendra Modi had called it a "global city", "but what has the central government done for it."

He further pointed out at the troubles that sugar factories, especially those from the cooperative sector, face, due to alleged lack of decisions or measures by the central government to help them.

The Centre has the right to fix MSP for the farmers' produce. "They will have to take necessary measures to help the farmers," Shivakumar added.