India In-Focus — Shares close lower; Court lifts ban on Vivo bank
Matein Khalid My strategy recommendation to my friends was to short Brent crude at or above $120 for the $65 target I got from the world’s pre-eminent oil economist/OPEC watcher Ed Morse. The short Brent idea has been a money gusher now that Brent has plunged 7% in today’s session to 99 as I write. The fall in oil prices was inevitable. King Dollar is at 20 […]
By K Raveendran It was an open secret that the oil companies have been minting money on account of the rising crude prices, although they have been dishing out doctored numbers to show losses. Now that the government has decided to enforce a windfall tax on the companies for the undue profits that have accrued […]
The post Windfall Tax Lets The Cat Out Of The Bag Of Petroleum Companies first appeared on IPA Newspack.
A new sub-lineage BA.2.75 of the Omicron variant of the coronavirus has been detected in countries like India and the World Health Organisation is following this, Director-General Tedros Adhanom Ghebreyesus said. “On COVID-19, globally reported cases have increased nearly 30 per cent over the past two weeks. Four out of six of the WHO sub-regions […]
The post WHO reports new Omicron sub-variant in India first appeared on IPA Newspack.
By D. Imran Khalid Indubitably, Pakistan is nowadays passing through one of the most turbulent periods in its recent history. On the surface, it is a serious political turmoil. But, intrinsically, it is an amalgamation of financial and political tribulations which are dragging the country into the slough of uncertainty. The whole saga started in […]
The post Pakistan Has Landed In An Unprcedented Eco-Political Crisis first appeared on IPA Newspack.
Gambling laws across the world can vary wildly from the liberal ones of France and the United Kingdom to the strict restrictions of Brunei and Indonesia. Despite the significant revenue streams that are seen in some countries in Europe and the west, many other nations have refused to be drawn into legalizing gambling to the masses. However, things may be changing, and some emerging markets are opening […]