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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 […]
Yellow Metal Trades Flat, Silver Shows Rise
By Administrator_ India Capital Sands Gold prices showed a meager jump on Wednesday, as on MCX, the yellow metal August futures traded at Rs 48,460 per 10 grams. On the other hand, silver showed a decent jump as its July futures were at ₹ 71,475 per kg, showing a jump of ₹ 227 over 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 […]
Petrol, diesel prices today on June 14: check rates in your city
By Administrator_ India Capital Sands After a day of pause, petrol and diesel prices were hiked again by 29 to 31 paise on June 14, taking fuel prices across the country to a historic high. Petrol hit an all-time high of Rs 102.58 a litre in Mumbai, with an increase of 28 paise from the […]
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 […]
Delhi Metro resumes operations, commuters asked to follow Covid protocols
By Administrator_ India Capital Sands The Delhi Metro resumed operations from Monday morning as the guidelines for the second phase of Covid-19 unlock came into effect. As per the Delhi government’s order the metros will run with 50 percent seating capacity. Commuters will not be allowed to travel standing, the DMRC said in its guidelines. […]