By Administrator_ India Capital Sands The Asian Development Bank has downgraded India’s economic growth forecast for the current financial year to 10 percent on Tuesday, from 11 percent projected in April, on account of the adverse impact of the coronavirus pandemic. India’s GDP growth recovered to 1.6 percent in the last quarter of the fiscal […]
By Administrator_ India Capital Sands Adani group stocks remained under pressure for the second consecutive day after Parliament was told that the Securities and Exchange Board of India and Directorate of Revenue Intelligence were investigating some of the group companies. On July 19, the Minister of State for Finance Pankaj Chaudhary told Parliament that SEBI was […]
By Administrator_ India Capital Sands Ahead of the Monsoon Session 2021, the Congress has reconstituted its strategy groups in the Lok Sabha and Rajya Sabha by including senior faces such as Manish Tewari, Shashi Tharoor, Ambika Soni, P Chidambaram, and Digvijaya Singh. Tharoor and Tewari are part of the G-23 leaders who had written to […]
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 A woman medico, who was India’s first COVID-19 case, has tested positive again for the virus, health authorities said here on Tuesday. “She is reinfected with COVID-19. Her RT-PCR is positive, the antigen is negative. She is asymptomatic,” Thrissur DMO Dr. K J Reena told PTI. Her samples were tested […]
By Administrator_ India Capital Sands The Reserve Bank of India on Monday said retail investors can open an account with the central bank in few easy steps online to start trading in government bonds. The online portal for retail investors will give access to the bond trading platform available for institutional investors as well, and the retail investors can also […]
By Administrator_ India Capital Sands Petrol prices have been hiked across the metros on Monday, July 12, after a day’s pause. In the national capital, petrol rates were hiked by 28 paise from ₹ 100.91 per litre to ₹ 101.19 per litre, according to Indian Oil Corporation. Diesel rates were, however, cut marginally in the […]
By Administrator_ India Capital Sands The Indian equity moved lower on Friday on the back of weak global cues after Asian shares tumbled to two-month lows on Friday and were set for their worst weekly performance since February as confidence took a beating over the global spread of the Delta virus variant and worries it […]
By Administrator_ India Capital Sands Gold prices edged higher on Wednesday and were on course for a sixth straight session of gains, driven by a dip in US Treasury yields ahead of minutes from the Federal Reserve’s June meeting that could provide more clues on the policy stance. Spot gold rose 0.32 percent to $1,801.55 per ounce by […]
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 […]