Select Page

Gold Prices Slips on U.S.-China Deal

By Ritu, Capital Sands Gold prices slipped on Thursday in Asia after the U.S. and China signed a historic trade deal. Gold Futures slipped 0.1% to $1,552.15 by 1:30 AM ET (05:30 GMT). Tensions remained however, as Washington decided to keep duties on some $360 billion...

Stocks in focus on September 29, 2020

By Administrator_India Capital Sands New Delhi: Markets ended on a positive note on Monday led by gains in auto and banking stocks. The BSE Sensex soared 592.97 points or 1.59 percent to end at 37,981.63; Nifty rallies 177.30 points or 1.6 percent to 11,227.55. Here...

Oil slips as surge in virus cases cloud demand recovery

By Administrator_India Capital Sands Oil prices dipped on Monday as rising coronavirus cases upset hopes for a smooth recovery in fuel demand, with the main crude benchmarks on track for their first monthly falls in multiple months after last week's slips. Brent crude...

Donald Trump refuses to commit to peaceful power transfer post-election

By Administrator_India Capital Sands US President Donald Trump on Wednesday wouldn’t commit to a peaceful transfer of power if a tally of ballots shows Democrat Joe Biden wins the November election. “We’re going to have to see what happens,” Trump said in response to...

Brexit jitters: JPMorgan Chase to move $230-billion assets to Germany

By Administration_India Capital Sands JPMorgan Chase is moving about ^200 billion ($230 billion) from the UK to Frankfurt as a result of Britain’s exit from the European Union (EU), a shift that will make it one of the largest banks in Germany. The US bank plans to...

India’s economy to contract 5.9 per cent in 2020, says UN trade body

By Administrator_India Capital Sands The United Nations Conference on Trade and Development (UNCTAD) has projected India’s economy to contract 5.9 per cent in 2020, and warned the country to not repeat its past mistake of announcing austerity measures. It forecast the...

Asian stocks fall on concerns about fresh lockdowns, banking sector

By Administrator_India Capital Sands Asian shares opened weaker on Tuesday on concerns about new pandemic lockdowns in Europe and after reports about financial institutions allegedly moving illicit funds hurt global banking stocks. JPMorgan Chase & Co and Bank of...

CAMS Rs 2,240-cr IPO opens today– Here is all you need to know

By Administrator_India Capital Sands New Delhi: Computer Age Management Services (CAMS) initial public offering (IPO) will hit the primary market on September 21. CAMS, which acts as a registrar and transfer agent (RTA) for mutual funds is targeting to raise Rs 2,240...

SBI ATM cash withdrawal new rules from today: All you need to know

By Administrator_India Capital Sands State Bank of India (SBI), from September 18, is extending OTP-based cash withdrawal for Rs 10,000 and above throughout the day across all SBI ATMs in the country. For withdrawing Rs 10,000 and above, SBI debit cardholders now have...

Covid-19: UK inflation eases to 0.2% on temporary steps to aid spending

By Administrator_India Capital Sands The U.K. inflation rate fell to the lowest since 2015 last month, driven by government tax cuts and other stimulus designed to dig the economy out of the depth of the coronavirus crisis. The reading of 0.2% was slightly higher than...

RBI proposes to launch exchange-traded, OTC interest rate derivatives

By Administrator_India Capital Sands The Reserve Bank of India on Tuesday proposed to introduce exchange-traded and over the counter  interest rate derivatives products that would be accessible to both foreign investors and retail participants. However, retail...