Author: Ritu
Oil Hits New Lows as Russia Reportedly Refuses to Cut More
By Ritu, Capital Sands Crude oil futures plummeted on Friday as Russia reportedly refused to support the Organization of Petroleum Exporting Countries’ proposal to cut crude output by an additi... Read More
Crypto back on track? SC allows banks to provide cryptocurrency services; sets aside RBI prohibitions
By Ritu Capital Sands The Supreme Court on March 4 allowed banks and financial institutions from providing services related to cryptocurrencies by setting aside the Reserve Bank of India’s 2018 ... Read More
India stocks higher at close of trade; Nifty 50 up 1.53%
By Ritu, Capital Sands India stocks were higher after the close on Tuesday, as gains in the Metals, Power and Healthcare sectors led shares higher. At the close in NSE, the Nifty 50 rose 1.53%,... Read More
Gold Stages a Fight Back After Slump Leaves Haven With Black Eye
By Ritu, Capital Sands After getting caught up in last week’s punishing virus-driven sell-off, gold rebounded on Monday to refresh its haven credentials. The metal advanced after a weekend of negati... Read More
Turkey says will not stop Syrian refugees reaching Europe after troops killed
By Ritu, Capital Sands Turkey will no longer stop Syrian refugees from reaching Europe, a senior Turkish official said, as Ankara responded on Friday to the killing of 33 Turkish soldiers in an air st... Read More
Mukesh Ambani, wealthiest Indian, minted ₹7 cr every hour in 2019: Hurun Rich List
By Ritu, Capital Sands India added more than three dollar billionaires every month in 2019, taking the tally to 138 that has helped the country to feature at the third position globally, says a report... Read More
China’s January auto sales fell 18.7% year-on-year, worse than forecasted
By Ritu, Capital Sands Auto sales in China fell 18.7% in January, more than expected and marking the industry’s 19th consecutive month of sales decline, data from the country’s biggest aut... Read More
EU ministers to approve negotiating mandate for UK trade talks
By Ritu, Capital Sands European Union governments were expected to adopt a negotiating mandate on Tuesday for the tricky task of reaching a deal with Britain on future ties after it left the bloc last... Read More