Monsoon rains forecast to arrive on India's southern coast around June 1
Weather

Monsoon rains forecast to arrive on India’s southern coast around June 1

By Administrator_India Capital Sands Monsoon rains are likely to enter India through the southern coast around June 1, the state-run weather office said on Thursday, marking the start of the four-month rainy season that is crucial for the country’s farm-dependent economy. Weather conditions are “very likely to become favorable from June 1, 2020” for the […]

California eases pandemic restrictions; New York Stock Exchange opens
Economy

California eases pandemic restrictions; New York Stock Exchange opens

By Administrator_India Capital Sands California, the most populous U.S. state, took another step on Tuesday toward ending sweeping lockdowns imposed to contain the coronavirus pandemic, allowing barber shops and hair salons in most counties to operate for the first time in more than two months. On Monday, Governor Gavin Newsom lifted orders that banned church […]

New coronavirus strain in the UK: Scientists’ concerns and what we know so far
Covid19

India’s capital reopens public transport as nearby Chinese-owned factory is hit by outbreak

By Administrator_India Capital Sands India’s capital New Delhi and some other state governments ordered the re-opening of public transport on Monday in a further easing of a nearly two-month coronavirus shutdown. Under the new rules, buses, taxis and three-wheelers will return to the streets but with restrictions. Buses will not carry more than 20 passengers, […]

Remdesivir close to EU's initial authorisation as COVID-19 treatment
HEALTH

Remdesivir close to EU’s initial authorisation as COVID-19 treatment

By Administrator_India Capital Sands The head of the European Union’s medicines agency Guido Rasi said on Monday an initial authorisation for U.S. pharmaceutical company Gilead’s remdesivir as a COVID-19 treatment could be granted in coming days. The European Medicines Agency  has already recommended the compassionate use of remdesivir, which allows a drug to be administered […]

Reliance in $870 million General Atlantic deal as Jio Platforms funding tops $8 billion
Asia

Reliance in $870 million General Atlantic deal as Jio Platforms funding tops $8 billion

By Administrator_India Capital Sands India’s Reliance Industries on Sunday announced U.S. fund General Atlantic will invest 65.98 billion rupees ($870 million) in Jio Platforms, a fourth deal that takes investment in its digital unit to over $8 billion in less than a month. General Atlantic will pick up a 1.34% stake in Jio Platforms which […]