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PM Modi to launch customized crash course for COVID-19 frontline workers
By Administrator_ India Capital Sands Prime Minister Narendra Modi will launch the Customized Crash Course programme for COVID-19 frontline workers on Friday (June 18) via video conferencing. The launch will commence the programme in 111 training centers spread over 26 states, the Prime Minister`s office informed. West Bengal Chief Minister Mamata Banerjee has moved the […]
India’s record foreign exchange pile may not be adequate
By Administrator_ India Capital Sands India’s record of more than $600 billion of foreign exchange reserves might not be good enough, as it falls short on some measures including import cover and liability outflows, according to new research from the central bank. Foreign exchange reserves surged to $605 billion in the week to June 4 as the […]
Oil rises as threat recedes of Iran supply resuming soon
By Administrator_ India Capital Sands Oil prices rose on Tuesday, with Brent gaining for a fourth consecutive session, as the prospect of extra supply coming to the market soon from Iran faded with talks dragging on over the United States rejoining a nuclear agreement with Tehran. Brent crude was up by 17 cents, or 0.2%, at […]
Sensex Gains Over 250 Points, Nifty Tops 15,800
By Administrator_ India Capital Sands The domestic stock markets have hit record highs on Friday morning, extending the rally witnessed in the previous session, on the back of strength in metal shares. At 9:18 am, the BSE Sensex was trading at 52,534.15, higher by 235.15 points or 0.45 percent and the NSE Nifty was at […]
‘Nifty tests 15,700’ Sensex rises over 150 points in early trade
By Administrator_ India Capital Sands Equity benchmark Sensex jumped over 150 points in early trade on Thursday, tracking gains in index-heavyweights Reliance Industries, Infosys, and HDFC Bank amid a positive trend in global equities. The 30-share BSE index was trading 160.07 points or 0.31 percent higher at 52,101.71 in initial deals. Similarly, the broader NSE […]
Sebi Bans New Franklin Templeton Debt Funds For Two Years
By Administrator_ India Capital Sands The market regulator on Monday barred Franklin Templeton Mutual Fund from launching any new debt schemes for two years after a probe into its sudden closure of six credit funds last year found “serious lapses and violations”. The decision by the Securities and Exchange Board of India (SEBI) is a […]