By Administrator_India Capital Sands President Donald Trump and Democratic rival Joe Biden took rhetorical swipes at each other on Monday as the presidential campaign entered its traditional homestretch on the U.S. Labor Day holiday. Trump described Biden, whom he trails in national polls, as a threat to the economy and “stupid,” while Biden took aim […]
By Administrator_India Capital Sands India’s COVID-19 tally surged past that of Brazil on September 7 making it the second worst-affected country due to the novel coronavirus pandemic. The caseload in India increased to 42 lakh after the country reported 90,802 cases in the previous 24-hour period. Brazil’s tally currently stands at 41.3 lakh. India has reported 71,642 fatalities due […]
By Administrator_India Capital Sands The US dollar index that tracks the greenback against a basket of currencies was flat at 92.47 by 10:23 PM ET. Data on non-farm payrolls out on Friday in the U.S. could shed some light on the strength of the economic recovery there. On Thursday, the U.S. Department of Labor reported initial […]
By Administrator_India Capital Sands U.S. wireless carrier Verizon Communications Inc and Amazon.com Inc may invest more than $4 billion for a stake in India’s Vodafone Idea Ltd, the Mint newspaper reported on Thursday, sending shares in the struggling Indian telecom firm up 10%. Vodafone Idea’s stake-sale talks had been paused pending the outcome of a court hearing […]
By Administrator_India Capital Sands Gold futures traded 0.35% lower to $1,972 by 12:25 PM ET (5:25 GMT), while the dollar inched up 0.03% to 92.365. Gold prices continued to fall on Wednesday in Asia as the dollar was supported by robust U.S. data. Prices of the precious metal slid back down to below $1,980-mark after a small peak […]
By Administrator_India Capital Sands US State Department on Monday condoled the death of former President Pranab Mukherjee, saying that he will be forever remembered in the annals of Indian history. “Our heartfelt condolences on the passing of former President Pranab Mukherjee. We stand with the people of India as they grieve the loss of a […]
By Administrator_India Capital Sands Embassy of Poland and Polish Institute in New Delhi illuminated the Qutub Minar in Poland’s national colors to commemorate the 40th anniversary of the creation of the Solidarity movement on Sunday (August 30). Solidarity movement is an anti-bureaucratic social movement based on Gandhian principles of non-violence that fought for civil rights […]
By Administrator_India Capital Sands Markets opened in green on Friday amidst positive global cues. The BSE Sensex rose 256.16 points or 0.65 percent to 39,369.63 in early trade while the NSE Nifty jumped 71.25 points or 0.62 percent to 11,630.50. Major gainers in the Sensex pack were Axis Bank, IndusInd Bank, ICICI Bank, LT, Sun […]
By Administrator_India Capital Sands German coalition parties agreed on Tuesday to extend measures to cushion the effects of the coronavirus crisis on Europe’s biggest economy at a cost of up to 10 billion euros, including prolonging a short-time work scheme and freezing insolvency rules. The German economy contracted at its steepest rate on record in the second quarter and the government is […]
By Administrator_India Capital Sands Oil was mixed on Wednesday morning in Asia, with producers shutting off most offshore output in the Gulf of Mexico ahead of Hurrican Laura. Brent oil futures were up 0.24% to $46.40 by 12:06 AM ET (5:06 AM GMT) and WTI Futures inched down 0.02% to $43.34. As many as 310 offshore facilities have […]