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OPEC+ resumes talks on 2021 policy amid discord on how to tackle oil demand
By Administrator_India Capital Sands LONDON – OPEC and Russia resume talks on Thursday in a bid to define policies for 2021 after an initial round of discussions this week failed to bring a compromise on how to tackle weak oil demand amid a second coronavirus wave. The group of OPEC and allies, known as OPEC+, had been widely expected to roll over existing oil […]
Pfizer vaccine not coming to India soon as trials yet to be conducted
By Administrator_ India Capital Sands While the UK government has cleared Pfizer-BioNTech’s mRNA vaccine for use in public, the same is unlikely to be available anytime soon in India. For one, US giant Pfizer’s India arm has not yet applied for conducting clinical trials here, according to sources, and secondly, the vaccine has stringent temperature requirements (-75 […]
India’s November diesel sales decline 7% after rising in October
By Administrator _India Capital Sands India’s diesel sales fell 7% in November from a year earlier, after rising in the previous month, according to preliminary data on state refiners’ fuel sales, signaling industrial activity is still slow to pick up after a national lockdown was eased. Diesel sales in India, the world’s third biggest oil […]
All India Taxi Union threatens to go on strike if demands of agitating farmers not met within 2 days
By Administrator_ India Capital Sands The All India Taxi Union on Monday threatened to go on strike if the demands of the farmers, protesting against the Centre’s new farm laws at different border points of the national capital, are not met within two days. President of the Union, Balwant Singh Bhullar, said they are giving […]
Indian stock gains second best globally
By Administrator_ India Capital Sands Indian stocks market surged 76% from the lows of March—the second-highest gainer among the world’s 10 largest stock markets—propelled by hopes of an early vaccine against covid and greater weightage in MSCI indices. Only Canadian stocks gained more—79%—while the US market, with gains of 73%, came in third. The Indian […]
WHAT TO LOOK FOR IN A FOREX TECHNOLOGY PROVIDER
The online trading industry is not what it used to be. In fact, many would argue that the arena has entirely changed in recent years. Europe in particular has seen a severe tightening in regulation which has dramatically forced brokers to change the way they approach their mode of operation. At the same time, banks […]
Delhi ranks 27th, Mumbai 33rd among fastest-growing prime residential markets globally
By Administrator_ India Capital Sands Delhi has performed better than Mumbai and Bengaluru and is ranked 27th on Knight Frank’s global index that measures annual price appreciation of luxury residential properties. Mumbai and Bengaluru were placed at the 33rd and 34th positions, respectively. The capital’s prime residential market performed better than Mumbai and Bengaluru. Globally, the city […]
UAE opens up economy, allows 100% foreign ownership of firms
By Administrator _India Capital Sands Foreigners opening a company in the United Arab Emirates no longer need an Emirati shareholder or agent under changes to UAE company law, state news agency WAM reported on Monday. Until now, companies in the UAE had needed a certain shareholding to be held by Emirati nationals, or an Emirati agent, depending on what […]