Gold eyes biggest weekly gain in over 2 months on Fed signal
By Administrator_India Capital Sands Gold prices were on track for their biggest weekly gain in more than two months on renewed signs that the U.S. Federal Reserve may not taper economic support and hike interest rates in the near term. Spot gold was steady at $1,827.28 per ounce by 0256
RBI allows non-bank PSPs to participate in centralised payment systems
By Administrator_India Capital Sands The Reserve Bank of India (RBI) on Wednesday allowed authorised non-bank payment system providers (PSPs) to participate in centralised payment systems (CPS), such as real-time gross settlement (RTGS) and national electronic fund transfer (NEFT), as direct members. PSPs include prepaid payment instrument (PPI) issuers, card networks,
Asian Stocks Down as Chinese Crackdown Impact Continues
By Administrator_India Capital Sands Asia Pacific stocks were mostly down on Wednesday morning, following the downward trend set by their U.S. counterparts. A crackdown in China from earlier in the week continues to have a ripple effect, while the latest U.S. megacap technology earnings were mixed. Japan’s Nikkei 225 fell 1.16% by
Eye on revenue growth, Vodafone Idea revises plans for corporate customers
By Administrator_India Capital Sands Vodafone Idea (Vi) on Monday revised its tariff plans for corporate customers with more bundled offers as it looks to increase its average revenue per user (ARPU). The new plans are aligned with those of Bharti Airtel, which tweaked its tariff last week. Currently, Reliance Jio has
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New Health Minister Mansukh Mandaviya To Lead India’s Fight Against Covid
By Administrator_India Capital Sands New Delhi: Mansukh Mandaviya, India’s new Health Minister, takes over the country’s Covid fight at a critical time when the government is working on a strategy to stave off a third wave of infections by ramping up vaccinations. Notably, in the past six days, Mansukh Mandaviya, as
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