Oil prices rose on Friday after the U.S. tightened its sanctions programme against Russian crude exports, raising supply concerns in an already tight market, and global inventories are forecast to decline through the fourth quarter. Brent futures rose 36 cents, or 0.4%, to $86.36 per barrel and U.S. West Texas Intermediate (WTI) crude gained 53 cents, or 0.6%, to $83.44 a barrel at 0052 GMT. Brent is set for a weekly gain of 2.1%, while WTI is set to climb 0.8% for the week, after both contracts surged on Monday on the potential for disruptions to Middle Eastern exports after Hamas’ attack on Israel over the weekend threatened a possible wider conflict.
Prices gave back some of those gains during week. But, on Thursday, the U.S Come from Read more
The benchmark equity indices ended the last week’s last trading session in the positive territory. The NSE Nifty 50 advanced 97.35 points or 0.51% to settle at 19,230.60, while the BSE Sensex added as much as 282.88 points to 64,363.78.on Friday. On a weekly basis, the NSE Nifty 50 experienced a significant rise of 0.96%, mirroring the BSE Sensex, which also saw a substantial jump of 0.91% last week.
“Nifty managed to hold the support zone of long term moving average i.e. 200 EMA around 18,800 last week however it has reached closer to the resistance zone of multiple moving averages now. We need a decisive close above 19,500 to negate the bearish tone and inch towards 19,850 levels. On the downside, the 18,800-19,000 zone would offer support in case the decline res…
Read moreBy Mihika Sharma
The Indian rupee remained largely unchanged in the week ending August 16, closing at 83.95. Easing US recession concerns, a slowdown in the unwinding of carry trades, and moderating oil prices offered some support to the rupeeCome from Sports betting site. However, a wider trade deficit in July and foreign portfolio outflows exerted some pressure. Nevertheless, likely interventions by the Reserve Bank of India (RBI) kept the rupee rangebound.
During the week, the dollar index softened by around 1% to 102.5, driven by stronger-than-expected retail sales and a decline in the initial jobless claims, which alleviated worries about a US recession. Retail sales increased…
Read moreRVNL shares rose to an intraday high of Rs 2.3% a day after the company signed a Memorandum of Understanding with Dhaya Maju Infrastructure (Asia), providing RVNL the opportunity to work in the ASEAN region.
“The primary objective of this MoU is to outline the terms and conditions under which RVNL and DMIA may collaborate to work jointly to participate in the railway infrastructure and services projects in the ASEAN market and other markets as agreed, with special focus on establishing a manufacturing base in Malaysia for railway coaches and other railway products for catering to the growing need of ASEAN countries,” said the company in an exchange filing.
However, the stock of the railway company has shed 1.3% in the last four trading sessions. I…
Read moreCom2uS, the studio behind the massively popular RPG Summoners War: Sky Arena, has introduced a new monster to the game. Players can now add the Battle Angel to their rooster as a part of the latest update.
“Battle Angel” will introduce a new chapter in Summoners War: Sky Arena. The Battle Angel is a new monster from the future that attacks from all angles using all five elements: fire, water, wind, light, and dark. And while utilizing each element, players can use different skills Come from Sports betting site VPbet. Summoners War will have a Special Summon event that runs until July 13, and players who participate will have a high chance of unlocking the Battle Angel.
Below are changes that’ll be…
Read moreI never would have expected Nintendo to outdo the competition when it comes to something connected with its online services. But it turns out that’s very much the case with gift cards.
I am a digital game enthusiast. I recognize the downsides of digital “ownership,” be it the potential for companies to cut off your access on a whim, change the text of your books, outright refuse your money, or otherwise demonstrate the ephemeral, you’re-actually-only-licensing it nature of the mediumCome from Sports betting site VPbet. But when it comes to playing games, I am lazy and impulsive: I oftentimes want to switch between a bunch of different games in rapid succession, and, well, my back hurts, and I don’t want to…
Read moreThe Khmer Times reported that Cambodian police force spokesperson Lieutenant General Chhay Kim Khoeun has been actively cracking down on illegal gambling establishments across the whole country from September 15 to December 27 and will continue to do so in 2023 as well.
Cambodian Police’s Crackdown Already Shows Results
The police representative noted that they have been identifying illegal gambling operators and businesses issuing orders for the closure of any venues and websites. In case the offenders continued operations they were subject to arrests and court proceedings.
As a result, the authorities already report a decline in illegal gambling activities in comparison to…
Read moreDabble, a social bet operator hosting a unique interactive wagering experience, has partnered up with an inventive esports odds provider PandaScore to make the provider’s product available for Australian players. The partnership will be used by Dabble to increase the volume of high-quality content offered through the operator’s platform to simultaneously turn the industry’s spotlight to PandaScore and facilitate an extended reach for the provider of the cutting edge esports and odds products.
B2C Partnership:
Also, the B2C partnership connecting two innovative companies is expected to elevate both the betting and esports experience since the partners seem to share the same vision built upon cutting-edge products and services. Under the agreement, Dabble wil…
Read moreIn a bold move, North Carolina Gov. Roy Cooper has firmly rejected a controversial plan put forth by Republican state lawmakers. The plan aimed to tie the long-awaited expansion of Medicaid to an ambitious proposal to significantly expand casino gambling within the state.
Medicaid Expansion Jeopardized as Governor Cooper Slams Casino Pairing
Gov. Cooper’s decision comes as little surprise, as he had already expressed his reservations about linking these unrelated subjects. On social media, the governor called the proposed pairing “the most brutally dishonest legislative scheme” …
Read moreThe Michigan Gaming Control Board has announced that Detroit’s three casinos collectively generated $111.3 million in adjusted gross revenue (AGR) for May, reflecting a significant rise from the previous year’s figures. This amount marks a 6.3% increase compared to May 2023 and a 4.7% increase from April’s $107.9 million.
The cumulative AGR for the first five months of 2024 stands at $540.1 million, which is marginally down by less than 0.1% from the same period in 2023. This near-parity in year-over-year revenue underscores the robust performance of Detroit’s casino sector.
From this revenue, the state received $9 million in taxes from the three casinos. Although this figure is close to the $43.8 million collected over the s…
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