By Administrator_India Capital Sands Canada and Britain said they struck a short-term deal on Tuesday to ensure that free trade between the two after Brexit can continue until the Canadian parliament approves a new bilateral agreement. As Britain prepares to end its transition out of the European Union on Dec. 31, it has negotiated many […]
By Administrator_India Capital Sands Prime Minister Narendra Modi will be the chief guest at the virtual centenary celebrations of Aligarh Muslim University today, the first time in over five decades that a PM will attend an AMU event. A university official on Saturday said Modi will release a special postal stamp to mark the occasion. […]
By Administrator_India Capital Sands A new variant of the novel coronavirus has been identified in the United Kingdom. England’s Chief Medical Officer Chris Whitty said on December 19 that the new variant of the coronavirus, which causes COVID-19, can spread faster. Scientists are working to confirm if the mutation leads to a higher mortality rate or […]
By Administrator_India Capital Sands The dollar was up on Friday morning in Asia but slid through major support levels and was headed towards its worst week in a month. The U.S. Dollar Index that tracks the greenback against a basket of other currencies edged up 0.15% to 89.817 by 9:24 PM ET (2:24 AM GMT). The dollar […]
By Administrator_India Capital Sands Even as India was put on the monitoring list with nine others, the US Treasury had largely praises reserved for the country for being transparent on its foreign exchange intervention. The reason why India was put on the half yearly list report was that it met two of the three criteria […]
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 […]