By Administrator_ India Capital Sands The All India Taxi Union on Monday threatened to go on strike if the demands of the farmers, protesting against the Centre’s new farm laws at different border points of the national capital, are not met within two days. President of the Union, Balwant Singh Bhullar, said they are giving […]
By Administrator_ India Capital Sands On the fourth anniversary of note ban, Prime Minister Narendra Modi on Sunday said it helped reduce black money, increase tax compliance and formalisation, and gave a boost to transparency. On November 8, 2016, Modi announced the decision to ban all currency notes of denomination of 500 and 1,000 from midnight. Taking […]
By Administrator_ India Capital Sands For the second consecutive year, onion prices have begun to surge at retail outlets across the country. In cities such as Mumbai and Pune, retail prices have zoomed to Rs 100 a kg. According to the Ministry of Consumer Affairs, the average retail price of onion in the country was […]
By Administrator_India Capital Sands Joblessness may be easing in India as the economy gradually reopens from the world’s biggest lockdown, but wage growth remains subdued — dashing hopes of a recovery in the consumption-driven economy. Wage bills of companies increased by just 2.9 per cent in the three months to June from a year […]
By Administrator_India Capital Sands The outlook for India’s reeling economy has worsened again as business activity slows and COVID-19 infections soar, and will probably prompt the Reserve Bank of India to cut interest rates again soon. The latest findings echo recent criticism of New Delhi’s $266 billion economic rescue package, which does not include […]
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 […]
By Administrator_India Capital Sands Reliance Industries Ltd., which popularized equities as an investment in the world’s second-most populous nation, is now the first to test a trading avenue in India with its record $7 billion rights issue. Introduced in January, the trading platform allows shareholders to sell their rights entitlement to others interested in subscribing […]
By Ritu, Capital Sands India’s services activity suffered a shock collapse in April as the coronavirus lockdown crippled global demand, causing a historic spike in layoffs and reinforcing fears of a deep recession in Asia’s third-largest economy, a private survey showed. The grim result for the industry, the engine of economic growth and jobs, underlined […]
By Administrator_India Capital Sands India extended on Tuesday a nationwide lockdown for its 1.3 billion people until May 3 as its prime minister warned of economic sacrifices to save lives as the number of coronavirus cases crossed 10,000. Sharp downward revisions to economic growth forecasts in the wake of the pandemic point toward sickening levels […]
