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Petrol, diesel prices hiked across metros for second consecutive day
By Administrator_ India Capital Sands Prices of petrol and diesel were hiked for the second consecutive day on May 5 after a long hiatus. Petrol price in Delhi was hiked by 19 paise, taking it to Rs 90.74 per litre as compared to Rs 90.55 per litre on May 4. Diesel price in the national capital […]
Australia stocks higher at close of trade; S&P/ASX 200 up 0.56%
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 […]
Factory orders, production rise at slowest rates in 8 months in April
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 […]
Sensex Sheds Over 400 Points, Nifty Slips Below 14,800
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 […]
S&P downgrades Future Retail’s issuer credit rating on debt recast
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 […]
Registration for Covid vaccines for those above 18 starts at 4 pm today
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 […]
Covid Care Centre In 5-Star Hotel For Delhi High Court Judges, Officers
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 […]
Yellow metal trades higher; buy for a target of Rs 47,850, say experts
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 […]