By Administrator_India Capital Sands Indian shares ended higher on Tuesday, fuelled by hopes of higher foreign inflows into local markets after MSCI said it would revise its global indices to reflect changes in the country’s foreign ownership limits. The Nifty50 index closed up 1.03 per cent at 11,889.4, while the Sensex ended 0.94 per cent […]
By Administrator_India Capital Sands One of the toughest challenges central bankers face is how to navigate the “Impossible Trinity” — maintaining monetary policy independence while allowing a steady flow of foreign capital and keeping a stable currency. Also known as the “Trilemma,” it’s the bane of emerging markets from Argentina to Turkey. Cut interest rates […]
By Administrator_India Capital Sands NEW DELHI: ICICI Bank on Saturday (October 25) said it has shut down operations in Sri Lanka after getting approval from the Sri Lankan monetary authority. The Monetary Board of the Central Bank of Sri Lanka, having considered the request made by ICICI Bank, has granted approval to close down business operation […]
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By Administrator_India Capital Sands Bharat Biotech’s coronavirus vaccine Covaxin has received approval for carrying out Phase III trials on October 22, reports suggest. The approvals were reportedly given after assessing data from Phase I and II and animal challenge study. Phase III is likely to start next month, Business Today reported. The report said an expert […]
By Administrator_India Capital Sands SAO PAULO/FRANKFURT: Brazilian health authority Anvisa said on Wednesday that a volunteer in a clinical trial of the COVID-19 vaccine developed by AstraZeneca and Oxford University had died but added that the trial would continue. Oxford confirmed the plan to keep testing, saying in a statement that after careful assessment “there have […]
By Administrator_India Capital Sands New Delhi: Net new enrolments with retirement fund body EPFO rose to 10.05 lakh in August from 7.48 lakh in July 2020, according to its latest payroll data, providing a perspective on employment in the formal sector amid the coronavirus pandemic. Provisional payroll data released by the EPFO last month had shown […]
By Administrator_India Capital Sands Amid the rising coronavirus COVID-19 cases across the world, billionaire philanthropist Bill Gates said on Monday (October 19) that COVID-19 vaccines will be available by the summer of 2021. He added that COVID-19 vaccines will be the fastest vaccine to be ever developed. Gates made the statements while addressing at the […]
By Administrator_India Capital Sands At 08:41 AM, Nifty futures on the Singapore Exchange (SGX) traded 75.8 points, or 0.65 per cent higher at 11,750.80, indicating a gap-up start for the Indian market on Friday. Here’s a list of stocks that may trade actively in today’s session. HCL Tech is slated to announce its financial results […]
By Administrator_India Capital Sands Bank of America Corp.’s traders didn’t seize on the markets boon that lifted rival banks in the third quarter. Revenue from trading rose 3.6% to $3.34 billion, falling short of the $3.5 billion that analysts had forecast. While JPMorgan Chase & Co. and Citigroup Inc. each posted jumps of at least 17% […]
