By Administrator_India Capital Sands The domestic stock markets have opened marginally in the red, post the 1 per cent correction witnessed in Friday’s session. At 9:18 am, the BSE Sensex was trading at 50,585.15, lower by 205 points or 0.43 per cent and the NSE Nifty was at 14,974.50, down 56.65 points or 0.40 per cent. […]
By Administrator_India Capital Sands India’s GDP may turn positive at 1.3 percent in the third quarter of 2020-21, having witnessed contraction in the previous two quarters due to the coronavirus pandemic, as the number of cases is falling and public spending has started rising, according to a report. The government will release the GDP numbers […]
By Administrator_India Capital Sands Continuing its upward trend petrol and diesel touch new highs across the country on February 18. The petrol price in Delhi was hiked by 34 paise reaching Rs. 89.88 per litre as compared to Rs 89.54 per litre on February 17, according to state-owned fuel retailers. Diesel price in the national capital also […]
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 […]
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 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 World Economic Forum (WEF) will be held in Singapore instead of Switzerland next year as the COVID-19 pandemic would make it difficult to ensure the health and safety of participants in Europe, WEF organisers said on December 7. “The World Economic Forum will convene the Special Annual Meeting 2021 in […]
By Administrator_ India Capital Sands The Enforcement Directorate (ED) has filed its first charge sheet on Wednesday in the ICICI Bank-Videocon loan case, involving Deepak Kochhar, businessman and husband of ICICI Bank’s former CEO Chanda Kochhar, and Videocon promoter Venugopal Dhoot. The ED has filed the charge sheet against 10 entities and three individuals. Videocon […]
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