By Administrator_ India Capital Sands Moody’s Investors Service on Wednesday slashed India’s growth projection to 9.6 percent for the 2021 calendar year, from its earlier estimate of 13.9 percent, and said faster vaccination progress will be paramount in restricting economic losses to the June quarter In its report titled “Macroeconomics – India: Economic shocks from […]
By Administrator_India Capital Sands As many as 42,640 fresh COVID-19 infections were reported in the last 24 hours, the lowest daily spike after 91 days, the Union Health Ministry said on Tuesday. The second wave of COVID-19 seems to be abating as the country has been witnessing a continuous decline in fresh coronavirus cases for the past few weeks. […]
By Administrator_ India Capital Sands Equity benchmark Sensex plunged nearly 600 points in early trade on Monday, tracking losses in index-heavyweights ICICI Bank, SBI and L&T amid a steep correction in global equities. The 30-share BSE index was trading 596.78 points or 1.14 percent lower at 51,747.67 in initial deals. Similarly, the broader NSE Nifty […]
By Administrator_ India Capital Sands Oil was down Friday morning in Asia but remained above $70-market after the U.S. Federal Reserve projected possible interest rate hikes earlier than expected. Brent Oil Futures fell 0.79% to $72.50 by 12:36 AM ET (4:36 AM GMT) and Crude Oil WTI Futures slid 0.82% to $70.46. The dollar has soared in the […]
By Administrator_ India Capital Sands The dollar rose in early European trade Thursday, climbing to levels not seen for around two months after the Federal Reserve surprised markets with a hawkish turn, bringing forward its timetable for raising interest rates to 2023. USD/JPY was up 0.1% at 110.75, just off its recent high of 110.83, a […]
By Administrator_ India Capital Sands Agra’s Taj Mahal has reopened today (June 16, 2021) for the general public after being shut due to the second wave of coronavirus in the country. The entry to the historic monument has been allowed after the Union Ministry of Culture decided to reopen all the centrally protected monuments, sites, and […]
By Administrator_ India Capital Sands Cryptocurrency prices are in the green on June 15, with the largest digital currency Bitcoin touching a two-week high. The global crypto market cap is $284.36 billion an 82.51 percent decrease over the last day. The total crypto market volume over the last 24 hours is $10.51 billion, which makes an […]
By Administrator_ India Capital Sands More than 32.74 lakh COVID-19 vaccine doses were administered in India on June 10, the Union Health Ministry’s latest provisional report suggested. With that, the cumulative number of COVID-19 vaccine doses administered in the country reached 24.60 crores. On the 146th day of the vaccination drive (June 10), 29.54 lakh […]
By Administrator_ India Capital Sands The dollar edged higher in early European trade Thursday, amid cautious trading with traders looking towards key U.S. inflation data and an ECB meeting for clues of future direction. EUR/USD traded 0.1% lower at 1.2167, falling back from the one-week high of 1.2218 seen during the previous session, USD/JPY dropped 0.1% at 109.55, GBP/USD fell […]
By Administrator_ India Capital Sands India’s Covid chart continued to improve today with the country recording 1.06 lakh cases, a drop of 12% from yesterday’s 1.14 lakh infections that were reported to be the lowest in two months. The country’s caseload now stands at 2.89 crore The AIIMS in Delhi will conduct clinical trials of […]
