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Oil Up, Hits One-Week High as Recovery from Ida Damage Drags On
By Administrator_ India Capital Sands Oil was up Monday morning in Asia, hitting a one-week high in a second consecutive session of gains. Continuous concerns about U.S. supplies, with the recovery from Hurricane Ida’s damage dragging into a second week, gave the black liquid a boost. Brent oil futures was up 0.33% to $73.16 by 12:08 […]
European banks still booking profits in tax havens, says report
By Administrator_ India Capital Sands Top banks in Europe continue to use tax havens to book chunks of profits, a trend that has changed little since 2014 despite country-by-country disclosures becoming mandatory, the EU Tax Observatory said in a report on Monday. The independent research body, co-financed by the European Union, said disclosures from 36 major European banks showed they booked […]
UK may require vaccine passports for big venues this month
By Administrator_ India Capital Sands The U.K. is considering a requirement for vaccine passports to be shown in order to access large venues as early as this month but has yet to decide whether to roll out jabs to healthy schoolchildren. “We are looking at, by the end of September when everyone has had a […]
Oil mixed as Hurricane Ida pounds US crude patch, Louisiana
By Administrator_ India Capital Sands Oil prices pared early gains on Monday, off more than three-week highs reached earlier in the session as a powerful hurricane plowing through the Gulf of Mexico forced shutdowns and evacuations of hundreds of offshore oil platforms. Brent was up 16 cents or 0.2% at $72.86 a barrel by 0153 […]
How India achieved feat of 1.03 crore vaccination in a day
By Administrator_ India Capital Sands The record feat of 1.03 crore vaccine doses on August 27 was achieved on the back of Uttar Pradesh, Karnataka, and Haryana notching up their highest daily jab numbers, villages joining the party with 70 percent of all jabs given in rural India, and Mumbai, Bengaluru and Gurgaon hitting their […]
US plans Covid-19 booster shots at six months instead of eight: Report
By Administrator_India Capital Sands US health regulators could approve a third Covid-19 shot for adults beginning at least six months after full vaccination, instead of the previously announced eight-month gap, the Wall Street Journal reported on Wednesday. Approval of boosters for three Covid-19 shots being administered in the United States include those manufactured by Pfizer and partner […]
Markets end flat after scaling new peaks; TCS rises over 1%
By Administrator_ India Capital Sands The Sensex closed modestly lower while the Nifty inched up to a fresh closing high on Wednesday as bulls took a breather amid a subdued trend overseas. Banking and finance stocks succumbed to profit-booking after the sharp-up move in the past few sessions, while IT and FMCG counters bucked the trend. After […]
Gold Down, but Remains Above $1,800 Mark Over Fed Taper Delay Expectations
By Administrator_ India Capital Sands Gold was down on Tuesday morning in Asia but remained above the $1,800 level. Hopes are also growing that the U.S. Federal Reserve could delay its planned asset tapering thanks to the continuing spread of COVID-19. Gold futures edged down 0.17% to $1,803.25 by 12:12 AM ET (4:12 AM GMT) after rising […]