Business
April 05, 2021
447 views 2 mins 0

Gold steady as inflation bets counter firm US dollar, yields

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 […]

Business
March 31, 2021
419 views 26 secs 0

After Visa, PayPal Holdings launches cryptocurrency checkout service

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 […]

Business
March 05, 2021
449 views 27 secs 0

Reliance Industries to cover COVID-19 vaccination costs of employees, families

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 […]

Business
March 02, 2021
437 views 2 mins 0

SBI cuts home loan interest rate by 10 bps to 6.7% linked to CIBIL score

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 […]

Business
February 18, 2021
480 views 2 mins 0

Bitcoin scales $51,000 for the first time as crypto fever continues

By Administrator_ India Capital Sands Bitcoin’s incredible rally shows little sign of abating yet after the token jumped past $51,000 for the first time. The largest cryptocurrency rose almost 6% Wednesday to about $51,431 after a fivefold surge in the past year, according to a composite of prices compiled by Bloomberg. The Bloomberg Galaxy Crypto Index reached […]

Business
February 12, 2021
453 views 3 mins 0

BharatPe set to become next unicorn after valuation crosses $900 mn

By Administrator_ India Capital Sands Fintech company BharatPe has raised $108 million in a Series D equity round, at a valuation of $900 million. The financial services company for merchants raised $90 million in primary fundraising and also ensured secondary exit for its angel investors and employees for $18 million. The round was led by the company’s […]

Business
February 11, 2021
457 views 2 mins 0

Mastercard to allow cardholders to transact in cryptocurrencies

By Administrator_ India Capital Sands Mastercard has partnered with some of the biggest cryptocurrency firms, including Wirex and BitPay Financial services firm Mastercard on Wednesday announced that it will begin allowing cardholders to transact in certain cryptocurrencies on its network, becoming the latest company to embrace digital assets. “We are preparing right now for the […]

Business
January 25, 2021
456 views 2 mins 0

Gold Down, But U.S. Stimulus Hopes Cap Losses

By Administrator_ India Capital Sands Gold was down on Monday morning in Asia, giving up some earlier gains as it recovers from a sharp decline seen during the previous session. However, investor hopes that the U.S. would pass more stimulus measures that could kickstart the economic recovery from COVID-19 capped losses. A $1.9 trillion stimulus […]

Business
January 19, 2021
415 views 42 secs 0

PhonePe beats Google Pay, tops UPI app space in December

By Administrator_ India Capital Sands Walmart-backed PhonePe has emerged the top unified payments interface  application  in December, with 902.03 million transactions accounting for Rs 1.82 trillion, followed by Google Pay with 854.49 million transactions worth Rs 1.76 trillion, thus, controlling the lion’s share of the UPI market, according to the data by National Payments Corporation of India. Google […]