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Australia stocks higher at close of trade; S&P/ASX 200 up 0.56%

Stock Market
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By Administrator_ India Capital Sands Australia stocks were higher after the close on Tuesday, as gains in the Gold, Metals & Mining, and Resources sectors led to shares higher. At the close in Sydney, the S&P/ASX 200 gained 0.56%. The worst performers of the session were Flight Centre Ltd, which fell 4.61% or 0.78 points to trade at 16.14 at the […]

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Factory orders, production rise at slowest rates in 8 months in April

Economy
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By Administrator_ India Capital Sands India’s manufacturing sector activity was largely flat in April, as rates of growth for new orders and output eased to eight-month lows amid the intensification of the COVID-19 crisis, a monthly survey said on Monday. The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) was at 55.5 in […]

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Sensex Sheds Over 400 Points, Nifty Slips Below 14,800

Stock Market
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By Administrator_ India Capital Sands The domestic stock markets have opened deeply in the red, after four successive days of gains, due to profit-booking at higher levels as the daily Covid-cases inched closer to the 4 lakh mark. At 9:18 am, the BSE Sensex was trading at 49,331.35, lower by 431.55 points or 0.8 percent […]

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S&P downgrades Future Retail’s issuer credit rating on debt recast

Business
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By Administrator_ India Capital Sands Global rating agency Standard & Poor’s has downgraded Future Retail Ltd’s long-term rating issuer credit rating from “CCC-” to “SD”, amounting to default. The rating action follows a restructuring of onshore debt. India-based Future Retail has completed the one-time restructuring of its onshore debt (about Rs 10,200 crore) that includes extending the maturity of […]

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Registration for Covid vaccines for those above 18 starts at 4 pm today

India
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By Administrator_ India Capital Sands All citizens above the age of 18 years can register themselves for getting Covid-19 vaccine jabs starting 4 pm today as the government gears up to launch the third phase of the vaccination drive from 1 May. “Registration for 18 plus to begin on http://cowin.gov.in, Aarogya Setu App & UMANG […]

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Covid Care Centre In 5-Star Hotel For Delhi High Court Judges, Officers

Delhi
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By Administrator_ India Capital Sands A five-star hotel has been selected as the COVID-19 care center for judges and judicial officers of the Delhi High Court and their families. A hundred rooms in central Delhi’s Ashoka Hotel have been booked for this purpose, Chanakyapuri sub-divisional magistrate Geeta Grover said in an order. Primus Hospital will […]

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Yellow metal trades higher; buy for a target of Rs 47,850, say experts

Business
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By Administrator_India Capital Sands India Gold MCX June futures rose on Monday tracking positive trends seen in the international spot prices supported by a soft dollar ahead of the U.S. Federal Reserve policy meeting this week. On the Multi-Commodity Exchange (MCX), June gold contracts were trading higher by 0.11 percent at Rs 47,584 for 10 grams […]

FEATURE

PM Narendra Modi to hold high-level meeting with CMs to review COVID-19 situation in India

India
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By Administrator_ India Capital Sands In view of the prevailing COVID-19 crisis in the nation, Prime Minister Narendra Modi on Thursday (April 22) canceled his visit to poll-bound West Bengal and said that he will chair high-level meetings to review the situation. Informing through a tweet, the PM said that he will chair high-level meetings […]