By Administrator_ India Capital Sands Oil was up Tuesday morning in Asia, after an unexpected cold snap impacted production in Texas, the biggest crude producing state in the biggest oil producer globally. Concerns also remain about supply in Saudi Arabia, the world’s biggest oil exporter, after Yemen’s Iran-aligned Houthi group said it struck airports in the country […]
By Administrator_ India Capital Sands Petrol price crossed the Rs 99 a litre mark in Rajasthan on Sunday while diesel topped Rs 91 after rates were increased for the sixth day in a row. Petrol price was increased by 29 paise per litre and diesel by 32 paise, according to a price notification of state-owned fuel retailers. […]
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 […]
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 […]
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By Administrator_ India Capital Sands Oil was up Monday morning in Asia, with supply cuts by key producers and hopes for further U.S. stimulus measures giving the black liquid a boost. Brent oil futures gained 0.54% to $59.88 by 10:51 PM ET (3:51 AM GMT), and is close to topping the $60 mark for the first time since […]
By Administrator_ India Capital Sands The Centre’s proposed scrapping policy is set to be a mix of penalties and financial incentives. Among the considerations include waiving off registration charge on a new vehicle to incentivize scrapping, the sources said. “The Centre is likely to ask states to give a rebate on road tax; besides also […]
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By Administrator_ India Capital Sands Finance Minister Nirmala Sitharaman will present the Budget on Monday in Parliament. The budget comes at a time when India is battling the coronavirus pandemic and the economy is reeling under the aftereffects of the lockdown. At the start of the joint session of Parliament on Friday, PM Narendra Modi said the Finance Minister had […]
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 […]