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Oil slips as surge in virus cases cloud demand recovery

OIL
157 views 3 mins

By Administrator_India Capital Sands Oil prices dipped on Monday as rising coronavirus cases upset hopes for a smooth recovery in fuel demand, with the main crude benchmarks on track for their first monthly falls in multiple months after last week’s slips. Brent crude  fell 23 cents, or 0.6%, to $41.69 a barrel by 0243 GMT […]

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Donald Trump refuses to commit to peaceful power transfer post-election

Political News
173 views 39 secs

By Administrator_India Capital Sands US President Donald Trump on Wednesday wouldn’t commit to a peaceful transfer of power if a tally of ballots shows Democrat Joe Biden wins the November election. “We’re going to have to see what happens,” Trump said in response to a reporter’s question at a White House news conference. “You know […]

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Brexit jitters: JPMorgan Chase to move $230-billion assets to Germany

JP Morgan
166 views 2 mins

By Administration_India Capital Sands JPMorgan Chase is moving about ^200 billion ($230 billion) from the UK to Frankfurt as a result of Britain’s exit from the European Union (EU), a shift that will make it one of the largest banks in Germany. The US bank plans to finish the migration of the assets to its Frankfurt-based […]

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India’s economy to contract 5.9 per cent in 2020, says UN trade body

Indian Economy
161 views 5 mins

By Administrator_India Capital Sands The United Nations Conference on Trade and Development (UNCTAD) has projected India’s economy to contract 5.9 per cent in 2020, and warned the country to not repeat its past mistake of announcing austerity measures. It forecast the economy to grow 3.9 per cent next year. “In the case of India, the […]

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Asian stocks fall on concerns about fresh lockdowns, banking sector

Asian Stocks
181 views 4 mins

By Administrator_India Capital Sands Asian shares opened weaker on Tuesday on concerns about new pandemic lockdowns in Europe and after reports about financial institutions allegedly moving illicit funds hurt global banking stocks. JPMorgan Chase & Co and Bank of New York Mellon Corp on Monday fell 3.1% and 4.0%, respectively, while HSBC Holdings Plc and Standard Chartered Plc hit […]

FEATURE

CAMS Rs 2,240-cr IPO opens today– Here is all you need to know

Stock Market
186 views 2 mins

By Administrator_India Capital Sands New Delhi: Computer Age Management Services (CAMS) initial public offering (IPO) will hit the primary market on September 21. CAMS, which acts as a registrar and transfer agent (RTA) for mutual funds is targeting to raise Rs 2,240 crore from investors. The company’s chief executive Anuj Kumar said NSE decided to […]

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SBI ATM cash withdrawal new rules from today: All you need to know

State Bank of India
155 views 2 mins

By Administrator_India Capital Sands State Bank of India (SBI), from September 18, is extending OTP-based cash withdrawal for Rs 10,000 and above throughout the day across all SBI ATMs in the country. For withdrawing Rs 10,000 and above, SBI debit cardholders now have to enter OTP sent on their registered mobile numbers along with their […]

FEATURE

Covid-19: UK inflation eases to 0.2% on temporary steps to aid spending

U.K.
169 views 2 mins

By Administrator_India Capital Sands The U.K. inflation rate fell to the lowest since 2015 last month, driven by government tax cuts and other stimulus designed to dig the economy out of the depth of the coronavirus crisis. The reading of 0.2% was slightly higher than the zero forecast by economists, although the drop from July’s reading of 1% was still the […]