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T20 World Cup 2021 | Ashwin in India squad, Dhoni named as mentor

T20 World Cup 2021 | Ashwin in India squad, Dhoni named as mentor

By Administrator_India Capital Sands The Board of Control for Cricket in India on September 8 announced the 15-member squad for the T20 World Cup, which will begin from October 17 in the UAE and Oman. Among the key players include 34-year-old senior off-spinner Ravichandran Ashwin, who has been included in the squad who last played white-ball cricket for India in 2017.  Also, former Indian Cricket captain Mahendra Singh Dhoni has been appointed as mentor for the team. "Former India Captain M S Dhoni to mentor the team for the T20 World Cup," announced BCCI secretary Jay Shah in a press conference to unveil the

Oil hits three-month highs as strong U.S. consumer spending underpins growth hopes

By Ritu, Capital Sands Oil prices rose on Friday, hitting three-month highs after data showed record online spending by U.S. consumers, stoking faith in the world's no. 1 economy even before the hoped-for end to the trade war between Washington and Beijing. Brent crude futures were up 6 cents, or 0.1%, at $67.98 a barrel , after rising to as high as $68.10, the highest since September. The West Texas Intermediate contract was up 11 cents, or 0.2%, at $61.79 a barrel. A survey on Thursday showed that online holiday purchases by U.S. consumers reached a record, beating analysts' expectations and sending U.S. stocks to

Oil hovers near three-month high on trade optimism supply cuts

By Ritu, Capital Sands Oil prices trickled a fraction lower on Tuesday but remained near a three-month high as investors kept the faith with hopes that a fully fledged U.S.-China trade deal is in the pipeline and set to stoke oil demand in the world's biggest economies. Brent crude oil futures  had slipped by three cents to $65.31 a barrel , while West Texas Intermediate crude was down 4 cents to $60.17 a barrel. Under a partial trade agreement announced last week, Washington will reduce some tariffs on Chinese imports in exchange for Chinese purchases of agricultural, manufactured and energy products increasing by about

Pound Gains on Brexit Optimism as Focus Shifts to Trade Talks

By Ritu, Capital Sands   Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. The pound rallied for a second day amid optimism a speedy resolution to the Brexit deadlock is in store after the Conservative Party’s election victory. Sterling advanced against all its major peers after Chief Secretary to the Treasury Rishi Sunak said the government plans to put its Brexit legislation before Parliament ahead of Christmas to ensure the country will leave the European Union as planned at the end of January. “With the Tories’ decisive victory, U.K. markets should quickly shift focus to the coming trade negotiations

Asian Markets Mixed as Lighthizer Says No Date is Set for Phase Two Talks

By Ritu, Capital Sands Asian markets were mixed on Monday morning in Asia as U.S. Trade Representative Robert Lighthizersaid the phase one Sino-U.S. trade deal is “totally done,” but no date is set for the next phase two talks. China’s Shanghai Composite slipped 0.1% by 11:35 PM ET, while the Shenzhen Component gained 0.6%. Hong Kong’s Hang Seng Index dropped 0.3%. The phase one deal was agreed on Friday and the two nations are expected to official sign the partial accord in the first week of January, On the data front, China’s industrial output rose 6.2% in November from a year earlier, versus a median estimate of
US govt, 48 states sue Facebook for abusing power to crush smaller rivals

US govt, 48 states sue Facebook for abusing power to crush smaller rivals

By Administrator_India Capital Sands The US government and 48 states have filed parallel lawsuits against Facebook, accusing the social media giant of anti-competitive conduct by abusing its market power to create a monopoly and crushing smaller competitors. Soon after the Federal Trade Commission (FTC) and 48 state attorney generals on Wednesday sued the company, Facebook’s shares dropped significantly at […]


Maharashtra: No vaccine jab, no salary, says Thane civic body

By Administrator_India Capital Sands The Thane Municipal Corporation (TMC) in Maharashtra has said its employees who have not taken even one dose of vaccine against COVID-19 will not be paid salaries. The decision was taken on Monday during a meeting of senior TMC officials, including civic commissioner Dr Vipin Sharma and Thane Mayor Naresh Mhaske. […]


Chennai receives highest rainfall since 2015, Chembarambakkam dam opened

By Administrator_India Capital Sands Chennai recorded the highest rainfall since 2015 as the city was lashed with incessant showers overnight. The incessant rains from Saturday night 8.30 p.m. till Sunday 5 a.m. left the city inundated and water entered homes in several low-lying areas. The Public Works Department opened the shutters of the Chembarambakkam reservoir in Chennai, […]