LATEST POST
Nifty, Sensex gain on boost from banks, Reliance
By Administrator_India Capital Sands Indian stocks rose on Wednesday as Bank of Baroda’s strong earnings bolstered financial stocks, with Reliance shares adding to the gains after the conglomerate said it was looking to close a partnership deal with Saudi Aramco. Investor sentiment also got a boost after Indian and Chinese military commanders agreed to step […]
Dollar Steadies After Navarro Clarifies Trade Deal Comments
By Administrator_India Capital Sands The dollar was up on Tuesday morning, steadying an earlier surge after White House trade advisor Peter Navarro clarified his statements concerning the U.S.-China trade deal. Investors were taken on a roller-coaster ride earlier in the session after Navarro said that the deal was “over” on Monday, only to issue […]
Oil edges up on tighter supply, but demand worries limit gains
By Administrator_India Capital Sands Oil prices nudged higher on Monday on tighter supplies from major producers, but a record rise in global coronavirus cases raised concerns a recovery in fuel demand could stall, checking gains. Brent crude rose 8 cents, or 0.2%, to $42.22 a barrel, while U.S. crude was at $39.93 a barrel, […]
Sensex, Nifty rise on boost from Reliance
By Administrator_India Capital Sands Indian shares rose on Friday and were on course to finish the week higher, boosted by a jump in Reliance shares after the oil-to-telecoms conglomerate said it had become net-debt free. The NSE Nifty 50 index rose 0.58% to 10,146.75, while the benchmark S&P BSE Sensex was up 0.51% at […]
Mexico, India, Ireland, Norway elected to U.N. Security Council, one seat still open
By Administrator_India Capital Sands Mexico, India, Ireland and Norway were elected to the United Nations Security Council on Wednesday, but the 193 U.N. member states must return on Thursday to continue voting to fill one more vacant seat after there was no clear winner. Canada lost out to Ireland and Norway in a hotly […]
Japan’s exports fall most since 2009 as U.S. demand slumps
By Administrator_India Capital Sands Japan’s exports fell in May at the fastest pace since the 2009 global financial crisis as U.S.-bound car shipments plunged, bolstering expectations for a deeper contraction in the world’s third-largest economy this quarter. Weak global appetite for cars and slowing business spending could drag on Japan’s export-led economy, as China-bound trade […]
Virus-hit Beijing tightens outbound travel; Shanghai demands quarantine
By Administrator_India Capital Sands Beijing banned high-risk people from leaving the Chinese capital and halted some transportation services on Tuesday to stop the spread of a fresh coronavirus outbreak to other cities and provinces. China’s financial hub of Shanghai demanded some travellers from Beijing be quarantined for two weeks, as 27 new COVID-19 cases took […]
Aussie, kiwi, and yuan fall on worries about second wave of coronavirus
By Administrator_India Capital Sands The Australian and New Zealand dollars fell against their U.S. counterpart on Monday as fears of a second wave of the coronavirus in Beijing prompted investors to sell currencies sensitive to risk. The Chinese yuan also dipped in offshore trade after Beijing recorded dozens of new cases of the novel coronavirus […]