Japan gathering information on Nomura, MUFG losses linked to U.S. client
Asia

Japan gathering information on Nomura, MUFG losses linked to U.S. client

By Administrator_India Capital Sands Japan is looking into the financial losses incurred by MUFG and Nomura through deals related to an unnamed U.S. client, and will gather and share information on the matter with the Bank of Japan and overseas authorities, the finance minister said. Taro Aso’s comments come after Mitsubishi UFJ Financial Group estimated […]

Covid19

Close to 3 million people in India acquired digital skills during COVID-19: Microsoft

By Administrator_India Capital Sands Microsoft Corp on Tuesday said it has helped over 30 million people across 249 countries and territories gain access to digital skills, including close to 3 million people from India. This number is higher than the initial goal of 25 million that was announced by the tech giant in June last […]

Gold

Gold Sinks Anew as Most Markets Fall

By Administrator_India Capital Sands Gold prices sank more than 1% on Monday, breaking new ground lower after a week of sideways trading, as market participants tried to suss out a clear direction for the yellow metal amid climbing yields and the dollar. Gold for April delivery was Friday’s session settled down $20.10, or 1.2%, at $1,712.20  […]

FM Nirmala Sitharaman to start 2-day visit to Mumbai from today
FINANCE BILL

EPF rule tweaked: Now, earn tax-free interest on contributions of up to Rs 5 lakh

By Administrator_India Capital Sands Salaried employees concerned about interest earned on their annual  employees’ provident fund being taxed from April 1 can heave a sigh of relief. Rules amended Finance Minister Nirmala Sitharaman introduced an amendment to raise this threshold limit to Rs 5 lakh during the debate on Finance Bill 2021, which was passed by the […]