By Administrator_India Capital Sands Delhi, on December 3, announced a curfew in the city on New Year’s Eve. The Delhi Disaster Management Authority (DDMA) restricted assembly of more than five people at public places. As per the order, no celebratory events, congregations and gatherings at public places will be permitted from 11 pm of December […]
By Administrator_India Capital Sands India is set to swing from being a cautious spender in 2020 to opening the fiscal floodgates as Prime Minister Narendra Modi seeks to pull Asia’s third-biggest economy bank from the worst of the pandemic. Curbs imposed by the finance ministry on more than 80 government departments and ministries earlier in […]
By Administrator_India Capital Sands After change of guard at the chief executive position in October 2020, there is a possibility that the country’s largest private lender, HDFC Bank, may have a new chairman in January next year. The tenure of current part-time Chairman Shyamala Gopinath will end on January 1. Gopinath, former deputy governor of […]
By Administrator_India Capital sands The dollar shrugged off news of President Trump relenting on a threat to block a COVID-19 aid bill in thin trading on Monday with many investors on holiday. The pound hovered below a 2 1/2-year high in the Asian session following the agreement last week of a narrow Brexit trade deal […]
By Administrator_India Capital Sands Oil extended gains on Thursday as a drawdown in U.S. stockpiles of crude and gasoline lifted demand hopes, while investors also cheered a potential Brexit trade deal. U.S. West Texas Intermediate (WTI) crude futures rose 18 cents, or 0.4%, to $48.30 a barrel by 0124 GMT, while Brent crude futures climbed […]
By Administrator_India Capital Sands Canada and Britain said they struck a short-term deal on Tuesday to ensure that free trade between the two after Brexit can continue until the Canadian parliament approves a new bilateral agreement. As Britain prepares to end its transition out of the European Union on Dec. 31, it has negotiated many […]
By Administrator_India Capital Sands Prime Minister Narendra Modi will be the chief guest at the virtual centenary celebrations of Aligarh Muslim University today, the first time in over five decades that a PM will attend an AMU event. A university official on Saturday said Modi will release a special postal stamp to mark the occasion. […]
By Administrator_India Capital Sands A new variant of the novel coronavirus has been identified in the United Kingdom. England’s Chief Medical Officer Chris Whitty said on December 19 that the new variant of the coronavirus, which causes COVID-19, can spread faster. Scientists are working to confirm if the mutation leads to a higher mortality rate or […]
By Administrator_India Capital Sands The dollar was up on Friday morning in Asia but slid through major support levels and was headed towards its worst week in a month. The U.S. Dollar Index that tracks the greenback against a basket of other currencies edged up 0.15% to 89.817 by 9:24 PM ET (2:24 AM GMT). The dollar […]
By Administrator_India Capital Sands Even as India was put on the monitoring list with nine others, the US Treasury had largely praises reserved for the country for being transparent on its foreign exchange intervention. The reason why India was put on the half yearly list report was that it met two of the three criteria […]