Shares of AGS Transact Technologies, a payment solutions provider, dropped more than 8 per cent over their issue price on Monday. The company’s IPO, first for calendar 2022, had garnered 8 times subscription. Its shares ended at Rs 161.3, down Rs 14.7, or 8.4 per cent, over IPO price of Rs 176. Its stock touched a high of […]
The coronavirus situation in Delhi is under control and the city is expected to report less than 5,000 cases of the infection today, said city health minister Satyendar Jain. Speaking to news agency ANI, he also said the positivity rate in the national capital will also decline from the current 10 per cent. “The Covid situation is […]
The reduced severity of Omicron is good news for now, but it is the result of an “evolutionary mistake” as COVID-19 is transmitting very efficiently and there is no reason for it to become milder, indicating that the next variant could be more virulent, a leading Indian-origin scientist from the University of Cambridge has warned. […]
Gold prices edged higher on Wednesday as rising Omicron variant coronavirus cases helped its safe-haven appeal, but trading was range-bound as investors awaited the minutes of the US Federal Reserve’s latest policy meeting as rate hike bets grow. Spot gold was up 0.32 per cent at $1,820.41 per ounce by 1132 GMT, with US gold futures […]
By Administrator_India Capital Sands Parts of north India will have to wait for the monsoon a little longer. The India Meteorological Department (IMD) on June 14 predicted that the monsoon’s progress could slow down due to approaching westerlies. The weather agency had earlier predicted that the southwest monsoon was expected to reach the national capital […]
By Administrator_India Capital Sands Investors on Dalal Street seem to draw strength from a strong set of corporate numbers along with firm cues from global peers, indicating a firm start for the benchmark indices even as India reported a record jump in Covid cases. Some volatility cannot be ruled out in today’s session on account […]
By Administrator_India Capital Sands A key gauge of Asian shares rose on Friday, supported by gains in China and a decision by the European Central Bank to maintain stimulus, while investors largely shrugged off the impact of a possible U.S. capital gains tax hike. Modestly firmer equity markets contrasted with ructions in cryptocurrencies as investors […]
By Administrator_India Capital Sands Apart from movement restrictions, state governments are suspending physical classes, making RT-PCR test report mandatory for incoming passengers in a bid to contain the spread of the infection. With Covid-19 infections spreading at a faster rate this time than the last year, city-specific or district-specific lockdown-like situation is back in many […]
By Administrator_India Capital Sands Oil prices fell on Thursday as a new round of coronavirus restrictions in Europe revived worries about demand, even as tug boats struggled to move a stranded container ship blocking crude oil carriers in the Suez Canal. Brent crude slid more than 2 per cent, to $61.64 a barrel at 7.57 pm (IST). US West […]
By Administrator_India Capital Sands Railways Minister Piyush Goyal on Tuesday asserted that Indian Railways will never be privatised but said private investment should be encouraged for more efficient functioning. Replying to a discussion on Demands for Grants for Railways, Goyal said there has been no death of any passenger due to a rail accident in two years […]