The government’s thrust on infrastructure, coupled with an increase in demand from the construction, engineering, and other sectors, is expected to push up domestic steel consumption in 2022, according to brokerages and rating agencies. The country’s consumption is expected to jump to 111 million tonnes (mt) in calendar year 2022 (CY22) after a severely impacted CY20, which […]
Alka Mittal, director of human resources at energy major Oil and Natural Gas Company (ONGC), has been given the additional charge of chairman and managing director, the company announced on January 3. With this appointment, Mittal has become the first woman ever to head ONGC as its CMD. She will hold the post for six months or until […]
The West Bengal government on Sunday said flights from Mumbai and Delhi were being restricted to twice a week from January 5 as new Covid cases in the state mounted to 6,153 from 1,089 on December 29. In a letter to the civil aviation ministry, the state government said that in view of the rising Covid cases […]
The key benchmark indices exhibited a lacklustre movement amid subdued global cues before ending on a flat note. The BSE benchmark index had touched a low of 57,721 in opening deals, but soon recouped losses and touched a high of 58,097. The index thereafter moved in a thin 200-point range (57,800-58,000) for the rest of the day. […]
The year 2021 will be remembered as the time when the crypto market came of age. From being a retail investor-heavy segment, the industry saw widespread adoption from major corporates such as Tesla, PayPal and MicroStrategy. As per experts, meme coins, central bank digital currency, metaverse, and non-fungible tokens (NFTs) were the four major trends […]
The key benchmark indices are likely to start trade on a quiet note owing to lack of any major directional cues from the overseas market. As of 08:00 AM, the SGX Nifty futures were quoted at 17040, up 14 points. Meanwhile, here the top stocks to focus in trade today. HP Adhesives: The stock will make […]
By Administrator_India Capital Sands Indian benchmark indices are likely to open on a positive note today as SGX Nifty quoted at 17,165.80 (up 106.8 points) at 8:40 am. Singapore Nifty (SGX Nifty) is the Indian Nifty index that is traded in the Singapore Stock Exchange and is considered to be the first indication of the […]
By Administrator_India Capital Sands India has recorded 236 cases of the Omicron variant of coronavirus across 16 states and UTs so far out of which 104 people have recovered or migrated, according to the Union Health Ministry data updated on Thursday. Here is what we know so far about the Omicron speed in India 1) […]
By Administrator_India Capital Sands The key benchmark indices are likely to start trade on a positive note given the cues from the SGX Nifty. As of 07:50 AM, the SGX Nifty futures were quoted at 18,664 as against NSE Nifty 50 close of 16,770. While, the Omicron fears and global cues will continue to dictate […]
By Administrator_India Capital Sands Asian stocks rose on Tuesday, shrugging off a bruising Wall Street session, as Chinese markets cheered Beijing’s push to help troubled property firms, although surging cases of the Omicron coronavirus variant persist as a worry for investors. U.S. stock indexes retreated more than 1% as positive COVID-19 case counts rose and President Joe Biden’s social spending and […]