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...

Sensex rebounds after 3-day slide; dovish Fed calms world markets

By Administrator_India Capital Sands Equity indices found firmer ground on Thursday after three sessions of losses, buoyed by metal and IT counters, in tandem with a positive trend overseas after the US Federal Reserve reiterated its dovish policy stance. A...

RBI imposes monetary penalty on Sarvodaya Co-operative bank

By Administrator_ India Capital Sands The Reserve Bank of India (RBI)  on July 27 imposed a monetary penalty of Rs 1 lakh on Sarvodaya Commercial Co-operative Bank for non-compliance with directions issued by the RBI on ‘Loans and advances to directors, relatives and...

Elon Musk criticizes Apple during Tesla earnings call

By Administrator_ India Capital Sands Billionaire Elon Musk, on July 26, criticized technology giant Apple in remarks made during a conference call about Tesla's second-quarter results. Musk denied that Tesla uses a large amount of cobalt in the production of...

We must move forward with ‘Nation First, Always First’ mantra: PM Modi

By Administrator_ India Capital Sands Stressing on the ‘Nation First, Always First’ mantra, Prime Minister Narendra Modi said on Sunday that as the country enters its 75th year of Independence, every citizen should lead a “Bharat Jodo Andolan” in the same manner as...

ECB vows to persist with negative rates in bid to fuel inflation

By Administrator_ India Capital Sands The European Central Bank revised its guidance on when interest rates might rise to convince investors it won’t withdraw support too hastily and derail the economic recovery. The move is aimed at strengthening the ECB’s...

ADB lowers India’s economic growth forecast for this fiscal to 10%

By Administrator_ India Capital Sands The Asian Development Bank has downgraded India's economic growth forecast for the current financial year to 10 percent on Tuesday, from 11 percent projected in April, on account of the adverse impact of the coronavirus pandemic....

Adani Group stocks hit lower circuit over Sebi, DRI investigation

By Administrator_ India Capital Sands Adani group stocks remained under pressure for the second consecutive day after Parliament was told that the Securities and Exchange Board of India and Directorate of Revenue Intelligence were investigating some of the group...

Sonia Gandhi reshuffles Parliamentary groups, brings in G23 members

By Administrator_ India Capital Sands Ahead of the Monsoon Session 2021, the Congress has reconstituted its strategy groups in the Lok Sabha and Rajya Sabha by including senior faces such as Manish Tewari, Shashi Tharoor, Ambika Soni, P Chidambaram, and Digvijaya...

Rising oil prices upset long-haul plans of airlines, delay recovery

By Administrator_ India Capital Sands Few sectors are as impacted as aviation by the pandemic. With travel coming to a standstill and recovery not on the horizon even with vaccination, airlines have been finding it tough to stay aloft. A year and a half since the...

India’s first Covid-19 patient tests positive again for coronavirus

By Administrator_ India Capital Sands A woman medico, who was India's first COVID-19 case, has tested positive again for the virus, health authorities said here on Tuesday. "She is reinfected with COVID-19. Her RT-PCR is positive, the antigen is negative. She is...
Petrol Prices Hiked Up To 28 Paise

Petrol Prices Hiked Up To 28 Paise

By Administrator_ India Capital Sands Petrol prices have been hiked across the metros on Monday, July 12, after a day's pause. In the national capital, petrol rates were hiked by 28 paise from ₹ 100.91 per litre to ₹ 101.19 per litre, according to Indian Oil...

read more