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Russia’s COVID-19 vaccine Sputnik V makes headway in India
By Administrator _India Capital Sands The Drug Controller General of India on October 17 gave Dr Reddy’s Laboratories the permission to conduct late-stage clinical trials for Russia’s COVID-19 Sputnik V vaccine in the country. The nod came after the Hyderabad-based company submitted a reworked application to the Drugs Controller General of India (DCGI) on October 13 with more information […]
Gold Heads for First Weekly Drop in Three as Stimulus in Focus
By Administrator _ India Capital Sands Gold’s been trading in a narrow range so far in October amid uncertainty surrounding the prospects of a stimulus deal being passed before the Nov. 3 presidential election. The International Monetary Fund has said that more public spending will be needed to complete the economic recovery from coronavirus. Spot […]
India expected to have Covid vaccine by early next year
By Administrator_ India Capital Sands India is expected to have a Covid-19 vaccine from more than one source by early next year and the government is formulating distribution strategies for the immunisation of people across the country, Union Health Minister Harsh Vardhan said on Tuesday. Vardhan had earlier said a Covid-19 vaccine is likely to be available […]
Oil prices steady amid return of supply, while COVID-19 lockdowns tighten
By Administrator _ India Capital Sands Oil prices were steady in early trade on Tuesday, sitting on losses of nearly 3% from the previous session after supplies began to resume in Norway and the U.S. Gulf of Mexico and Libya resumed production at its largest oilfield. The return of supply comes as resurgent COVID-19 infections […]
Microsoft to expand its work from home policy, make it permanent for some staff
By Administrator_ India Capital Sands Seattle-based technology giant Microsoft has decided to expand its work-from-home policy and make it permanent for some workers. The company has released the new “hybrid workplace” guidance that lays out how employees can have a more flexible remote work schedule and even relocate elsewhere in the country, while it continues […]
Gold Jumps Over Weaker Dollar, Stimulus Hopes Revive
By Administrator_ India Capital Sands Gold futures jumped 1.15% at $1,916.80 by 11:07 PM ET (3:07 AM GMT), climbing above the $1.900-mark. The dollar was down on Friday. Talks between House of Representative Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin over the measures resumed on Thursday, with President Donald Trump announcing that talks with Congress have resumed […]
PM Modi wants Yale and Oxford to be able to open campuses in India
By Administrator_ India Capital Sands India’s universities have produced chief executive officers at companies from Microsoft Corp. to Google — now Prime Minister Narendra Modi thinks they can be even better with competition from global names like Yale, Oxford and Stanford. Modi’s government is pushing to overhaul the South Asian nation’s heavily regulated education sector […]
Sebi comes out with uniform time period for listing of securities
By Administrator_India Capital Sands The Securities and Exchange Board of India (Sebi) on Monday came out with a uniform time period for listing securities, including municipal bonds, issued on a private placement basis. The timeline will be applicable for non-convertible redeemable preference shares, debt securities, securitised debt instruments, security receipts, and municipal bonds, said Sebi in a circular. The […]