By Administrator_India Capital Sands Gold headed for the biggest monthly advance since July, with inflation risks in focus ahead of key U.S. jobs data due later this week that will offer clues on the economic recovery. Some Federal Reserve officials have said that recent price pressures are to be expected as the economy reopens amid […]
By Administrator_India Capital Sands New Delhi: West Bengal will hold the Class 12 board examinations in the last week of July, while the Class 10 board exams will take place in mid-August, Chief Minister Mamata Banerjee said on Thursday. The dates will be announced later by the respective boards, she said. “We have decided to hold the secondary (Madhyamik) […]
By Administrator_India Capital Sands The dollar found support on Thursday from emerging views the Federal Reserve is slowly but surely edging towards a discussion about tightening monetary policy, and as traders await crucial U.S. inflation data this week. In a market heavily short dollars, the mere suggestion of tapering is enough to temper further selling […]
By Administrator_India Capital Sands Gold erased 2021 losses as signs of inflationary pressures stoked growth concerns and Federal Reserve officials assured investors on the outlook for monetary policy. Central bank officials reiterated that they expect transitory rather than lasting price pressures from the U.S. economic rebound, damping speculation around any push to tighten policy. Declines […]
By Administrator_India Capital Sands Asian shares climbed in morning trade on Tuesday, tracking a Wall Street rally overnight, while the dollar held near a fourth-month low as investors tempered fears about inflation-driven rate hikes. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 1% at a two-week high, after U.S. stocks ended the previous […]
By Administrator_India Capital Sands Washington: Three researchers from China’s Wuhan Institute of Virology (WIV) sought hospital care in November 2019, months before China disclosed the COVID-19 pandemic, the Wall Street Journal reported on Sunday, citing a previously undisclosed US intelligence report. The newspaper said the report – which provides fresh details on the number of researchers […]
By Administrator_India Capital Sands The relationship between India and OPEC is more important now than ever. Any lingering ill-feelings between India and Saudi Arabia from their spat over the price of crude earlier this year should be quickly cast aside, to focus on each other’s growing importance as consumer and supplier. If OPEC needed a sobering reminder of India’s […]
By Administrator_India Capital Sands The dollar bounced off three-month lows against European currencies on Thursday after minutes from the Federal Reserve’s last policy meeting revealed there was more talk of tapering its bond purchases than investors had expected. In the Fed minutes, several policymakers said that a discussion about reducing the pace of asset purchases […]
By Administrator_India Capital Sands Washington: COVID-19 vaccines that are available in the United States are effective against the deadly variant that was first detected in India, top US health officials said on Tuesday. The B.1.617 virus variant, first identified in India last year, has been classified as a ”variant of concern” by the World Health Organisation. […]
By Administrator_India Capital Sands Gold was up on Tuesday morning in Asia as the dollar weakened. Investors also remain concerned about potential interest rate hikes to curb rising inflation. Gold futures inched up 0.02% to $1,868.05 by 10:59 PM ET (2:59 AM GMT), its highest level since Feb. 1, 2021. The dollar, which usually moves inversely to […]