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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 […]
Gold set for worst monthly fall in 4 years as dollar strengthens
By Administrator_India Capital Sands Gold in the international market declined on Wednesday and was on track for the biggest monthly fall in nearly four years, as the dollar benefited from caution that crept into the financial markets after the first US presidential debate. Spot gold dropped 0.67 per cent to $1,885.4 an ounce (until 7.35 pm IST), […]
JPMorgan to pay $920 mn for manipulating precious metals, treasury market
By Administrator_India Capital Sands JPMorgan Chase & Co has agreed to pay more than $920 million and admitted to wrongdoing to settle federal U.S. market manipulation probes into its trading of metals futures and Treasury securities, the U.S. authorities said on Tuesday. The landmark multi-agency settlement lifts a regulatory shadow that has hung over the […]
Stocks in focus on September 29, 2020
By Administrator_India Capital Sands New Delhi: Markets ended on a positive note on Monday led by gains in auto and banking stocks. The BSE Sensex soared 592.97 points or 1.59 percent to end at 37,981.63; Nifty rallies 177.30 points or 1.6 percent to 11,227.55. Here are Stocks in focus on September 29, 2020. Kalpataru Power […]