By Administrator_India Capital Sands The year-long pandemic left households more indebted, which has sharply jumped to 37.1 per cent of GDP in Q2 of FY21, while their savings rate plunged to a low 10.4 per cent, according to latest data from the Reserve Bank. The household savings plunged as theContinue Reading
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 aContinue Reading
By Administrator_India Capital sands Prime Minister Narendra Modi will interact with chief ministers about the COVID-19 situation and the nationwide vaccination drive on March 17, media reported. The virtual meeting comes amid rising novel coronavirus infections and the Centre looking to increase daily inoculations. The virtual interaction is expected to begin atContinue Reading
By Administrator_India Capital Sands India’s Hero Motors Company (HMC) Group on Tuesday announced plans to set up a new international headquarters, Hero International (HIT), in London as part of a push towards expanding Hero Cycles’ overseas business and strengthening its global presence. The company said HIT is aimed at bringingContinue Reading
By Administrator_India Capital Sands Prime Minister Narendra Modi on Monday said when India commemorates its 75 years of independence, the country will take “bold steps” to achieve targets that seemed impossible at some point, and emphasised that celebrations should be based on public participation. Speaking at the first meeting of the 259-memberContinue Reading
By Administrator_India Capital Sands India’s GDP may turn positive at 1.3 percent in the third quarter of 2020-21, having witnessed contraction in the previous two quarters due to the coronavirus pandemic, as the number of cases is falling and public spending has started rising, according to a report. The governmentContinue Reading
By Administrator_India Capital Sands Opening the coffers of his government for poll-bound Assam, Prime Minister Narendra Modi on Monday slammed the successive Congress dispensations that ruled the country since Independence for the “neglect’’ of the state and the northeast for decades. On his third visit to Assam in a month, Modi, who dedicated toContinue Reading
By Administrator_India Capital Sands India will start exporting COVID-19 vaccines from January 20, paving the way for many mid- and lower-income countries to get supplies of the easy-to-store Oxford/AstraZeneca drug, of which it plans to ship millions of doses within days. Serum Institute of India (SII), the world’s largest vaccineContinue Reading
By administrator_India Capital sands Air quality has been deteriorating across India amid falling temperatures. Over the last three months, the Air Quality Index (AQI) has fallen dangerously low in the northern regions of the country, especially in New Delhi, where it is on the brink of an “emergency” level. While the AQIContinue Reading
By Administrator_India Capital Sands North India is likely to witness an intense wet spell till Tuesday (January 5), with fairly widespread precipitation accompanied with thunderstorm, lightning and hailstorm at isolated places, the India Meteorological Department (IMD) said. After the wet spell, fresh northerly-northwesterly winds are likely to set in overContinue Reading
