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

SBI Wecare Deposit: Check out all details about SBI’s special fixed deposits scheme for senior citizens

By Administrator_India Capital Sands The scheme is known as ‘SBI Wecare Deposit’, this will help senior citizens get higher interest rate on their money and to safeguard the interests of senior citizens in the current falling rate regime. Known as SBI Wecare Deposit,SBI has launched a special FD scheme for senior citizens in India. Under […]

Fitch cuts India's outlook to 'negative'
Economy

Fitch cuts India’s outlook to ‘negative’

By Administrator_India Capital Sands Ratings agency Fitch cut its outlook for India to “negative” from “stable” on Thursday, saying that the coronavirus outbreak had an unfavourable impact on the economy. “The coronavirus pandemic has significantly weakened India’s growth outlook for this year and exposed the challenges associated with a high public-debt burden,” Fitch said in […]

India launches $6.7 billion plan to boost electronics manufacturing
TECHNOLOGY NEWS

India launches $6.7 billion plan to boost electronics manufacturing

By Administrator_India Capital Sands India launched a $6.65 billion plan on Tuesday to boost electronics manufacturing, saying it would start by offering five global smartphone makers incentives to establish or expand domestic production. The government is offering a production-linked incentive (PLI) involving cash worth 4% to 6% of additional sales of goods made locally over […]

New coronavirus strain in the UK: Scientists’ concerns and what we know so far
Covid19

India’s capital reopens public transport as nearby Chinese-owned factory is hit by outbreak

By Administrator_India Capital Sands India’s capital New Delhi and some other state governments ordered the re-opening of public transport on Monday in a further easing of a nearly two-month coronavirus shutdown. Under the new rules, buses, taxis and three-wheelers will return to the streets but with restrictions. Buses will not carry more than 20 passengers, […]