By Administrator_ India Capital Sands Few sectors are as impacted as aviation by the pandemic. With travel coming to a standstill and recovery not on the horizon even with vaccination, airlines have been finding it tough to stay aloft. A year and a half since the first case of COVID-19 was discovered, the world is […]
By Administrator_ India Capital Sands With no end in sight for the rising fuel prices across India, the price of petrol and diesel continues to rise across the nation. Pump prices for fuel have been hiked again today by the state-run oil companies. The recent hike has Delhi and Kolkata crossing the Rs 100-a-litre mark while […]
By Administrator_ India Capital Sands The global cryptocurrency market is in the green on June 28 (today). The total market cap is $1.37 trillion, a 3.46 percent increase over the last day. The total crypto market volume over the last 24 hours is $74.43 billion, which makes a 13.33 percent decrease. The volume of all […]
By Administrator_ India Capital Sands The market regulator on Monday barred Franklin Templeton Mutual Fund from launching any new debt schemes for two years after a probe into its sudden closure of six credit funds last year found “serious lapses and violations”. The decision by the Securities and Exchange Board of India (SEBI) is a […]
By Administrator_ India Capital Sands Global rating agency Standard & Poor’s has downgraded Future Retail Ltd’s long-term rating issuer credit rating from “CCC-” to “SD”, amounting to default. The rating action follows a restructuring of onshore debt. India-based Future Retail has completed the one-time restructuring of its onshore debt (about Rs 10,200 crore) that includes extending the maturity of […]
By Administrator_India Capital Sands India Gold MCX June futures rose on Monday tracking positive trends seen in the international spot prices supported by a soft dollar ahead of the U.S. Federal Reserve policy meeting this week. On the Multi-Commodity Exchange (MCX), June gold contracts were trading higher by 0.11 percent at Rs 47,584 for 10 grams […]
By Administrator_India Capital Sands Gold prices held steady on Monday, buoyed by concerns over inflation after U.S. President Joe Biden announced a $2 trillion-plus jobs plan last week, while a stronger dollar and elevated U.S. Treasury yields limited bullion’s upside. Spot gold was flat at $1,728.60 per ounce, as of 0146 GMT. Gold futures edged […]
By Administrator_India Capital Sands PayPal Holdings will announce later on Tuesday that it has started allowing US consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally, a move that could significantly boost the use of digital assets in everyday commerce. Customers who hold bitcoin, ether, bitcoin cash, and litecoin in PayPal digital wallets will […]
By Administrator_India Capital Sands Reliance Industries Limited is going to cover the COVID-19 vaccination costs for its employees and their families. Prime Minister Narendra Modi launched the nationwide vaccination drive on January 16 with healthcare workers at the frontline of India’s COVID-19 battle getting their first jabs. The country has begun the second phase of […]
By Administrator_ India Capital Sands The country’s largest lender, the State Bank of India (SBI) has slashed the interest rate on Home Loans by 10 basis points under a limited period offer till the end Month. The revised rates will start with 6.70 percent and would be linked to the CIBIL credit score. The borrower with […]
