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PM announces Rs. 11,000 cr plan to make India self-sufficient in edible oil
By Administrator_ India Capital Sands As India’s import dependency on edible oil continues to rise, Prime Minister Narendra Modi, today announced an Rs 11,000 crore National Edible Oil Mission-Oil Palm (NMEO-OP) to make India self-sufficient in cooking oils, including palm oil. Modi also said while India has become self-sufficient in rice, wheat, and sugar, it was not enough as the […]
The brand called Neeraj Chopra, India’s new sporting superstar : Enter
By Administrator_ India Capital Sands Neeraj Chopra unleashes a spear that soars into the Tokyo sky, stops himself before the foul line by gripping the turf for a split second, and springs back in one swift motion. Next, he nonchalantly turns his back on the javelin — still in its flight path — and holds his […]
Men’s hockey: India beats Germany 5-4 to clinch bronze medal, ends a four-decade wait | Olympics
By Administrator_ India Capital Sands The Indian men’s hockey team bagged the bronze medal at the Tokyo Olympics after defeating Germany in the third-place match on August 5. India defeated Germany 5-4 to clinch the Olympic medal. This is India’s first hockey medal in more than 40 years. Harmanpreet Singh, Hardik Singh, Simranjeet Singh, and […]
Heartbreak in semis but hockey medal dream still alive: India at Olympics
By Administrator_ India Capital Sands It was a reality check of sorts but the dream is not over yet, not in hockey at least. That quite summed up India’s day 11 at the Olympic Games where there were disappointing results all across, the biggest one being the men’s hockey team’s 2-5 loss to world champion […]
Schools to reopen in UP for classes 9-12 from Aug 16 with 50% attendance
By Administrator_ India Capital Sands Schools in Uttar Pradesh will resume classes 9 to 12 from August 16, but with 50 percent attendance, according to an order issued by the state government on Monday. Apart from this, instructions have also been issued for commencement of classes in higher educational institutes from September 1, the UP government said in […]
Pfizer, Moderna raise prices for Covid-19 vaccines in European Union
By Administrator_ India Capital Sands Pfizer Inc and Moderna Inc have raised the prices of their Covid-19 vaccines in their latest European Union supply contracts, the Financial Times reported on Sunday. The new price for the Pfizer shot was 19.50 euros ($23.15) against 15.50 euros previously, the newspaper said, citing portions of the contracts seen. The price of a Moderna […]
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 strengthening rupee and short-covering in select heavyweights added to the momentum, traders said. The 30-share BSE Sensex climbed 209.36 […]
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 firms/concerns in which they are interested, the RBI said in a release. This […]