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 0256Continue Reading
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,Continue Reading
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% byContinue Reading
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 hasContinue Reading
By Administrator_India Capital Sands The rain fury in Maharashtra has claimed at least 149 lives with 36 more bodies found in Satara and Raigad districts on July 25. At least 64 people are still missing, while 50 people have been injured in these incidents, the state government said. A totalContinue Reading
By Administrator_India Capital Sands An earthquake of magnitude 5.3 had struck the city on July 21 as well An earthquake of magnitude 4.8 on the Richter scale hit Bikaner, Rajasthan on July 22, the second in two days in the city. The earthquake occurred at 7.42 am, news agency ANIContinue Reading
By Administrator_India Capital Sands Firms controlled by Gautam Adani fell for a second day Tuesday, after the minister of state for finance told Parliament that some of them are being probed by the markets regulator over compliance with securities rules. Besides Sebi, Directorate of Revenue Intelligence is also “investigating certain entities” belonging to the AdaniContinue Reading
By Administrator_India Capital Sands The employees of Aircraft Maintenance Engineers/Service Engineers of AI Engineering Services Limited (AIESL), a wholly-owned subsidiary of Air India limited, have launched a nationwide protest over the salary cut of engineers, news wire ANI reported. According to the report, the recent salary cut is exclusively for theContinue Reading
By Administrator_India Capital Sands Asian shares slipped to a one-week low on Monday and perceived safe haven assets, including the yen and gold, edged higher amid fears of rising inflation and a surge in coronavirus cases, while oil prices fell on oversupply worries. MSCI’s broadest index of Asia-Pacific shares outsideContinue Reading
By Administrator_India Capital Sands Recording growth for the seventh month in a row, India’s exports rose by 48.34 per cent to $32.5 billion in June on account of healthy growth in shipments of petroleum products, gems and jewellery, and chemicals, even as trade deficit stood at $9.37 billion, according to the official data. Exports inContinue Reading
