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Centre Signs Deal To Get 2nd Made-In-India Vaccine, 30 Crore Doses Booked
By Administrator_ India Capital Sands Aiming at a stiff vaccination target, the government has booked 30 crore doses of Hyderabad-based Biological-E’s Covid vaccine, which is still in clinical trials. The Health Ministry will make an advance payment of ₹ 1,500 crores to the company for what will be the second made-in-India vaccine to be used […]
Delhi University Admission Process Likely To Begin In July
By Administrator_ India Capital Sands The University of Delhi is likely to commence the admission process to various undergraduate (UG) courses for the academic session 2021-22 in July, Rajeev Gupta, Chairman DU Admission said. In view of the coronavirus crisis, the entire admission process will be online and the candidates will be given sufficient time […]
Dollar near 2-month high vs yen, Chinese yuan scales 3-year high
By Administrator_ India Capital Sands The dollar held near a two-month high against the yen on Monday after a key measure of U.S. inflation showed stronger price gains than expected, keeping alive expectations of an eventual tapering in the Federal Reserve’s asset buying. The Chinese yuan, which has been supported by a strong economic recovery, […]
Rising stock markets amid GDP contraction
By Administrator_ India Capital Sands The central bank, in its annual report, has issued caution over the meteoric rise in stock prices at a time when the country’s GDP has contracted. India’s benchmark indices have more than doubled from the post-pandemic lows made in March 2020. Several individual companies have seen a multi-fold jump in […]
Sensex, Nifty Edge Lower; Banking, Financials Witness Selling Pressure
By Administrator_ India Capital Sands The Indian equity benchmarks edged lower on Thursday taking cues from other Asian markets ahead of the monthly expiry of May futures and options contracts due later in the day. The Sensex slipped as much as 51 points and the Nifty 50 index dipped below its important psychological level of […]
WhatsApp Sues Government, Says New Digital Rules Mean End To User Privacy
By Administrator_ India Capital Sands WhatsApp has filed a lawsuit in the Delhi High Court against the government’s new digital rules that take effect today, saying these would compel it to break privacy protections to users. The Facebook-owned messaging service filed its petition on Tuesday against the rules that will require it to “trace” the […]
Sensex jumps over 250 points in early trade; Nifty above 15,250
By Administrator_ India Capital Sands Equity benchmark Sensex surged over 250 points in opening trade on Tuesday, tracking gains in index heavyweights Infosys, Asian Paints, and HDFC amid a positive trend in global markets. The 30-share BSE index was trading 265.07 points or 0.52 percent higher at 50,916.97, and the broader NSE Nifty surged 86 […]
Dollar stuck near 3-month lows, bitcoin struggles
By Administrator_ India Capital Sands The dollar was pinned near three-month lows against a basket of major currencies on Monday, as bets on a robust global economic recovery continued to support currencies seen as riskier. The dollar index hovered around the 90 marks, down 0.2% on the day and close to a three-month low of 89.646 […]