SBI collects Rs 300 cr from zero balance accounts in 5 years: Study
Business

SBI collects Rs 300 cr from zero balance accounts in 5 years: Study

By Administrator_India Capital Sands Several banks, including State Bank of India (SBI), have been imposing excessive charges on certain services provided to poor persons having zero-balance or Basic Savings Bank Deposit Accounts (BSBDA), a study by the IIT-Bombay has revealed. The study observed that the SBI’s decision to levy a charge of Rs 17.70 for […]

Global diamond trade is roaring back thanks to stuck-at-home shoppers
Business

Global diamond trade is roaring back thanks to stuck-at-home shoppers

By Administrator_India Capital Sands The global diamond trade had spent years in the doldrums, only to be crippled by the pandemic when started looking up. Now, at last, business is booming again. Factories in the industry’s “engine room” of Surat are so desperate to boost production that the most-skilled cutters and polishers are being head-hunted with offers […]

Facebook, Whatsapp, Privacy Policy
Business

Parliament panel questions Facebook on WhatsApp’s privacy policy changes

By Administrator_India Capital Sands Facebook executives on Thursday fielded questions from an Indian parliamentary panel about changes to WhatsApp’s privacy policy, days after the country’s technology ministry asked the messaging platform to withdraw them. The committee asked why Facebook needed to change WhatsApp’s privacy terms and how it will impact users, a panel member told reporters on condition […]

Indian companies fared better than global counterparts amid COVID-19 pandemic
Business

Indian companies fared better than global counterparts amid COVID-19 pandemic

By Administrator_India Capital Sands Indian companies on average have fared “much better” than their counterparts across the world, amid the COVID-19 pandemic, a study by Cognizant’s Centre for the Future of Work showed. In the region itself, during 2020, 36 percent of Indian companies reported ‘slight negative to very negative impact on business performance’ against the regional […]

RBI exempts certain accounts from its new current account rules; here are the details
Business

RBI exempts certain accounts from its new current account rules; here are the details

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 […]

Stocks hit record high as Joe Biden, vaccine lift global prospects
Business

Stocks hit record high as Joe Biden, vaccine lift global prospects

By Administrator_India Capital Sands World shares rallied to a record peak on Wednesday, following an overnight surge that saw the Dow Jones benchmark crack 30,000 for the first time as investors cheered a dramatically improved global outlook. The formal start of U.S. president-elect Joe Biden’s transition to the White House and increasing confidence a COVID-19 […]

WOMEN INTERESTED IN ONLINE TRADING MARKET (FX & CFD’S) WHY STARTED GROWING?
Business

WOMEN INTERESTED IN ONLINE TRADING MARKET (FX & CFD’S) WHY STARTED GROWING?

Ritu started investing in online trading market during lockdown. Ritu  is very busy these days. A 31-year-old woman working in the field of public relations, she has renewed interest in the online trading market, for which she continues to work. Another interesting trend is that young people are coming forward in online trading. Capital Sands […]