By Administrator_India Capital Sands British Prime Minister Boris Johnson has accepted the invitation to attend India’s Republic Day celebrations on January 26, UK Foreign Secretary Dominic Raab informed on December 15. “I’m pleased that PM Boris Johnson has invited PM Modi to join the UK-hosted G7 summit next year. UK PM Johnson has also accepted the […]
By Administrator_India Capital Sands The Reserve Bank of India (RBI) on December 14 allowed certain exemptions in new current account rules which will come into effect from December 15 onwards. Under the new rules, all the scheduled commercial banks and payments banks will be excluded from the RBI’s August 6 circular, in which the regulator […]
By Administrator_India Capital Sands The British pound rose against the dollar and euro on hopes that Britain and the European Union will secure a free trade agreement after their decision to extend negotiations beyond the Sunday deadline. The dollar traded near a 2 1/2-year low against major peers ahead of a U.S. Federal Reserve meeting […]
By Administrator_India Capital Sands A committee comprising outside advisers to the United States Food and Drug Administration (FDA), on December 10, voted overwhelmingly to endorse emergency use of Pfizer’s COVID-19 vaccine candidate. This paves the way for the FDA to grant authorisation for the vaccine to be given to the general public in the US. […]
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 […]
By Administrator_India Capital Sands Oil prices edged lower on Wednesday on concerns over an unexpected jump in U.S. oil inventories last week, but positive news on COVID-19 vaccines lifted investors hopes for a recovery in fuel demand, capping losses. Brent crude futures slipped 13 cents, or 0.3%, to $48.71 a barrel by 0151 GMT, having […]
By Administrator_India Capital Sands The World Economic Forum (WEF) will be held in Singapore instead of Switzerland next year as the COVID-19 pandemic would make it difficult to ensure the health and safety of participants in Europe, WEF organisers said on December 7. “The World Economic Forum will convene the Special Annual Meeting 2021 in […]
By Administrator_India Capital Sands DLF, the country’s largest listed developer, could again diversify into residential-property markets such as Mumbai and Chennai after focusing on its home turf, the National Capital Region (NCR). The developer started concentrating on Delhi-NCR after selling some of its land parcels in cities such as Mumbai in 2012 to reduce debt. […]
By Administrator_India Capital Sands Prime Minister Narendra Modi will chair an all-party meeting on December 4. This would be the second meeting of its kind since the novel coronavirus pandemic started. The COVID-19 situation and vaccine strategy are likely to be discussed in the meeting involving floor leaders of all political parties from both Houses of […]
By Administrator_India Capital Sands The central government is open to considering some suggestions from farmers on ways to improve the three agricultural Acts but will not repeal them as they have been passed by Parliament, sources said. The bigger question of incorporating any provision that could give a legal standing to the minimum support price (MSP) is […]