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Anuj Gupta, Head Commodity & Currency at HDFC Securities, predicts that crude oil prices will likely stay below $100 per barrel in the long term due to the unpreparedness of economies for another bout of inflation. He believes that in a demand-supply mismatch, producers will increase crude oil production. Despite recent increases in output from Nigeria and Iran, Gupta expects the oil market to remain in deficit in 2023. He also suggests that crude oil prices may witness a correction before resuming their rally.
Undermining ‘vaccination for all’
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Updated:
April 27, 2021 00:23 IST
The new vaccine strategy raises questions, beginning with the Centre giving up its control over the market for vaccines
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The new vaccine strategy raises questions, beginning with the Centre giving up its control over the market for vaccines
Just when the spread of COVID-19 has reached catastrophic proportions, with the daily case-load rising faster than that seen anywhere in the world since the beginning of the novel coronavirus pandemic, the Government of India has acted by unveiling a completely revamped vaccine strategy. Two key elements are the hallmark of this new strategy, which will be implemented from May 1. First, the phased roll-out of the vaccination drive initiated on January 16 under which the vaccine-eligible sections of the population were gradually increased, has now been extended to the entire adult population, namely, to those above 18 years. Second, and more i