Bharti Airtel shares rise 5% on quarterly revision of weightage in MSCI index
Stock Market

Bharti Airtel shares rise 5% on quarterly revision of weightage in MSCI index

By Administrator_India Capital Sands The share price of Bharti Airtel rose 5 percent in the morning trade on January 15, a day after  MSCI Global Standard Indexes said it will raise the weightage of the telecom operator in the February 2021 quarterly review. National Securities Depository Limited (NSDL, on January 12 had updated the foreign investment limit […]

Indian companies fared better than global counterparts amid COVID-19 pandemic
Business

Indian companies fared better than global counterparts amid COVID-19 pandemic

By Administrator_India Capital Sands Indian companies on average have fared “much better” than their counterparts across the world, amid the COVID-19 pandemic, a study by Cognizant’s Centre for the Future of Work showed. In the region itself, during 2020, 36 percent of Indian companies reported ‘slight negative to very negative impact on business performance’ against the regional […]

Income tax returns filing: No further extension of date beyond February 15, Centre rejects demand
Economy

Income tax returns filing: No further extension of date beyond February 15, Centre rejects demand

By Administrator_India Capital Sands The finance ministry has rejected the demand for further extension of the last date for income tax return (ITR) filing beyond February 15 for the ones where audit is required. In December 2020, the government extended the ITR filing deadline for individuals till January 10 and till February 15 for companies. […]

Oil prices hit 11-month high on Saudi cuts, shrugs off US political turmoil
oil

Oil prices hit 11-month high on Saudi cuts, shrugs off US political turmoil

By Administrator_India Capital Sands Oil prices settled higher on Thursday, hitting 11-month peaks, as markets remained focused on Saudi Arabia’s unexpected pledge to deepen its oil cuts and firmer equities, shrugging off political turmoil in the United States. Brent crude settled up 8 cents to $54.38 a barrel after touching $54.90, a high not seen since before […]

Petrol price nears all-time high after oil companies hike rates after month-long hiatus
Petrol

Petrol price nears all-time high after oil companies hike rates after month-long hiatus

By Administrator_India Capital Sands Petrol price on Wednesday neared all-time high after state-owned fuel retailers hiked rates after a nearly month-long hiatus. Petrol price was raised by 26 paise per litre and diesel by 25 paise a litre, according to a price notification from oil marketing companies. After this increase, petrol in Delhi climbed to […]

India's Covid-19 vaccination challenge needs a private sector helping hand
Coronavirus News

India’s Covid-19 vaccination challenge needs a private sector helping hand

By Administrator_India Capital Sands The Indian state faces one of the world’s most formidable challenges: rolling out a Covid-19 vaccination program for 1.3 billion people. To succeed, many things have to go right in a country that usually gets a lot wrong. The government would be wise to enlist the country’s private sector in this […]

IMD predicts intense wet spell across north India, issues Yellow alert for Himachal Pradesh
India

IMD predicts intense wet spell across north India, issues Yellow alert for Himachal Pradesh

By Administrator_India Capital Sands North India is likely to witness an intense wet spell till Tuesday (January 5), with fairly widespread precipitation accompanied with thunderstorm, lightning and hailstorm at isolated places, the India Meteorological Department (IMD) said. After the wet spell, fresh northerly-northwesterly winds are likely to set in over the plains of northwest India, […]