By Administrator_India Capital Sands India’s industrial production grew 13.6 per cent in June from the year-ago period due to the low-base effect, data released by the Ministry of Statistics and Programme Implementation showed. The impact of a low-base declined in June as compared to the last two months. In April and May, growth was 134.6 […]
By Administrator_India Capital Sands Hotels, restaurants and malls can function in Maharashtra till 10 p.m. from August 15 as a part of new relaxation measures announced by the state government on Wednesday. Entry in malls will be allowed to fully vaccinated individuals only. Cinema halls, auditoriums and places of worship will remain shut. The state had allowed for the […]
By Administrator_India Capital Sands Investors have pulled out money from gold exchange traded funds (ETFs) after the gap of eight months amid renewed optimism over the economic recovery and improvement in vaccination rate. Fall of gold prices in the last few months have also fueled investors to look at other asset classes such as debt […]
By Administrator_India Capital Sands Ministry of Health and Family Welfare announced on August 9 that it has decided to allow foreign nationals residing in India to get registered on CoWin portal to take the COVID-19 vaccine. A significant number of foreign nationals reside in India’s metropolitan areas, where the potential of COVID-19 spread is high […]
By Administrator_India Capital Sands Schools in Delhi have partially reopened for Class 10 and 12 students for admission-related work, as per the orders issued by the government. From August 9, students of Class 10 to 12 in the national capital can visit schools for work related to admission, practical activities for board exams, announced the […]
By Administrator_India Capital Sands RBI Monetary Policy LIVE Updates: The Monetary Policy Committee (MPC) has decided to maintain status quo and keep interest rates unchanged. Currently, the repo rate is 4 percent and reverse repo rate is 3.35 percent. Reserve Bank of India (RBI) Governor Shaktikanta Das said the policy stance continues to be “accommodative”. […]
By Administrator_India Capital Sands After the men’s victory over Great Britain in hockey quarter-finals, the women’s team take the field today. But they are up against the might Australians and will need to punch well above their weight to make it to the semi-finals. India’s Dutee Chand takes the field in the Women’s 200m. Here is […]
By Administrator_India Capital Sands Gold prices were on track for their biggest weekly gain in more than two months on renewed signs that the U.S. Federal Reserve may not taper economic support and hike interest rates in the near term. Spot gold was steady at $1,827.28 per ounce by 0256 GMT, having hit its highest […]
By Administrator_India Capital Sands The Reserve Bank of India (RBI) on Wednesday allowed authorised non-bank payment system providers (PSPs) to participate in centralised payment systems (CPS), such as real-time gross settlement (RTGS) and national electronic fund transfer (NEFT), as direct members. PSPs include prepaid payment instrument (PPI) issuers, card networks, white label ATM (WLA) operators […]
By Administrator_India Capital Sands Asia Pacific stocks were mostly down on Wednesday morning, following the downward trend set by their U.S. counterparts. A crackdown in China from earlier in the week continues to have a ripple effect, while the latest U.S. megacap technology earnings were mixed. Japan’s Nikkei 225 fell 1.16% by 10:39 PM ET (2:39 AM […]