By Administrator_India Capital Sands Indian shares rose for a third straight session on Friday, as investors hoped for the strong earning momentum to continue after a good start by IT majors, soothing concerns around surging domestic coronavirus cases that crossed the 1 million mark. The NSE Nifty 50 index rose 0.67% to 10,811.50 by 0405 […]
By Administrator_India Capital Sands China’s economy returned to growth in the second-quarter after a deep slump at the start of the year, but domestic consumption and investment remained weak as the shock from the coronavirus crisis underscored the need for more policy support to bolster the recovery. The GDP data, as well as key June […]
By Administrator_India Capital Sands Indian pharmaceutical company Zydus said on Wednesday it has started human studies for its potential COVID-19 vaccine, as coronavirus infections continue to surge in the world’s third worst-hit nation. ZyCoV-D, its plasmid DNA vaccine, was found to be safe, immunogenic and well-tolerated in the pre-clinical toxicity studies. In the human trials, […]
By Administrator_India Capital Sands India’s retail inflation picked up in June, pushed by price increases for some food and fuel items, but economists said the central bank could still ease rates because of concerns about economic slowdown caused by lockdown. Annual retail inflation rose to 6.09% in June, compared to 5.84% in March, and 5.30% […]
By Administrator_India Capital Sands India’s Reliance Industries said on Sunday Qualcomm Inc’s investment arm will buy a 0.15% stake in its digital unit Jio Platforms for 7.3 billion rupees ($97.1 million). The partnership will help Jio Platforms, the unit that houses Reliance’s telecoms venture Jio Infocomm, to “roll out advanced 5G infrastructure and services for […]
By Administrator_India Capital Sands Punjab National Bank said on Thursday it had reported loans made to Dewan Housing Finance Corporation Ltd worth 36.89 billion rupees ($491 million) to India’s central bank as “fraud.” Indian state-owned lender PNB, which was hit by a $2 billion fraud involving billionaire Nirav Modi in 2018, had already set aside […]
By Administrator_India Capital Sands Suspected militants shot dead a local leader of India’s ruling BJP in the restive territory of Kashmir on Wednesday, police said, an attack that could increase tensions in the region. The militants fired at Waseem Bari, a former district chief of the BJP, and his father and brother while they were […]
By Administrator_India Capital Sands The scheme is known as ‘SBI Wecare Deposit’, this will help senior citizens get higher interest rate on their money and to safeguard the interests of senior citizens in the current falling rate regime. Known as SBI Wecare Deposit,SBI has launched a special FD scheme for senior citizens in India. Under […]
By Administrator_India Capital Sands Indian shares inched higher for a fifth straight session on Tuesday, helped by gains in auto and finance stocks, even as COVID-19 cases soared in the world’s second-most populous country. The NSE Nifty 50 index rose 0.18% to 10,782.7 by 0356 GMT, while the benchmark S&P BSE Sensex was up 0.28% […]
By Administrator_India Capital Sands Nearly 40 people were feared dead as torrential rains continued to hit Japan’s southwestern island of Kyushu, with river banks at risk of bursting on Monday morning and new evacuation orders put in place. Flooding and mudslides that began at the weekend have killed 21 people so far. A further 18 […]