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 […]
Tag: India
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 […]
PM Narendra Modi to chair all-party meet today; COVID-19 situation, vaccine distribution likely to be discussed
By Administrator_India Capital Sands Prime Minister Narendra Modi will chair an all-party meeting on December 4. This would be the second meeting of its kind since the novel coronavirus pandemic started. The COVID-19 situation and vaccine strategy are likely to be discussed in the meeting involving floor leaders of all political parties from both Houses of […]
Supreme Court to work with full strength from today
By Administrator_India Capital Sands The Supreme Court will work with its pre-pandemic strength from today as its 12 benches with about 30 judges would assemble through video conferencing daily. Five benches of two to three judges in different combinations had been sitting on working days to hear around 20 cases daily since the outbreak of […]
India becomes second worst-affected country as COVID-19 cases surpass Brazil’s tally
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 […]
India in talks with 13 nations for air bubble arrangement
By Administrator_India Capital Sands India is negotiating with 13 countries, including Australia, Japan and Singapore, to establish separate bilateral air bubble arrangements for international flight operations, Civil Aviation Minister Hardeep Singh Puri said on Tuesday. Under a bilateral air bubble pact, airlines of both the countries can operate international flights with certain restrictions. Since July, India has […]
Border dispute should not dominate China, India ties – Chinese envoy to U.S.
By Administrator_India Capital Sands A border dispute between India and China – which turned deadly in June when troops of the two sides clashed – should not dominate relations between the nuclear-armed Asian powers, the Chinese ambassador to the United States said on Tuesday. “I don’t think this issue should dominate in relations between China […]
India’s factory activity contracted at a sharper pace in July
By Administrator_India Capital Sands India’s factory slump deepened in July as renewed lockdown measures to contain surging coronavirus cases weighed on demand and output, raising the chances of a sharper economic contraction, a private business survey showed on Monday. Asia’s third-largest economy, which has the third-highest coronavirus caseload globally, is expected to shrink at its […]
India opens door for foreign universities under new education policy
By Administrator_India Capital Sands India on Wednesday approved a plan to allow foreign universities to open campuses in the country as part of efforts to boost education to strengthen the economy as it struggles with the impact of the coronavirus pandemic. Politicians affiliated with the left as well as Prime Minister Narendra Modi’s ruling party […]
India’s June retail inflation picks up after easing of lockdown
By Administrator_India Capital Sands India’s retail inflation picked up in June, pushed by price increases for some food and fuel items, but economists said the central bank could still ease rates because of concerns about economic slowdown caused by lockdown. Annual retail inflation rose to 6.09% in June, compared to 5.84% in March, and 5.30% […]