By Administrator_India Capital Sands Barbados Prime Minister Mia Mottley has expressed her gratitude to the Indian government and the people for “most generous” donation of COVID-19 vaccine doses. In a letter addressed to Prime Minister Narendra Modi on Thursday, Mottley said: “I trust that you are well and safe. On behalf of my Government and people, I […]
By Administrator_India Capital Sands The dollar traded near its strongest in more than two months against the euro and the yen on Thursday as pessimism about the U.S. economic outlook receded before the release of important data on the jobs market. The British pound held steady against the dollar and traded near an eight-month high […]
By Administrator_India Capital Sands Gold price today fell to Rs 47,960 per 10 gm from Rs 48,800. Silver price soared to Rs 69,800 per kg according to the Good Returns website. Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes. In New Delhi, the price of […]
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By Administrator_India Capital Sands Finance minister Nirmala Sitharaman is likely to announce measures including a hike in infrastructure spending and tax cuts to boost the pandemic-hit economy when she presents the budget 2021 on Monday, while deferring debt cut plans. Sitharaman is likely to increase spending by more than 15 per cent year-on-year in 2021-22 with an emphasis on […]
By Administrator_India Capital Sands Just over a week after the benchmark BSE Sensex touched the historic 50,000-mark on January 20, as many as 416 or over 80 per cent of stocks in the BSE500 universe have declined an average 5.4 per cent and a tenth have declined over 10 per cent in just five trading […]
By Administrator_India Capital Sands The Union Cabinet has paved the way for the much-awaited policy on the privatisation of public sector undertakings (PSUs), and its details are expected to be announced in the Union Budget. The policy, which will lay out a road map for the presence of government-owned entities in strategic and non-strategic sectors, was taken […]
By Administrator_India Capital Sands With farmers’ protest disrupting normal lives in several parts of the national capital Delhi, the Indian Railways on January 26 announced that it would offer a full refund to passengers who were unable to board trains departing from all stations of Delhi area up to 9 pm on Tuesday. The Indian […]
By Administrator_India Capital Sands The COVID-19-induced lockdown caused a massive disruption in economic activity, leading to an unprecedented fall in credit demand and financial well-being. Budget 2021 should aim at enhancing credit supply to the deserving, yet credit-starved segments of our society, thus incentivising financial savings for long term. Here is my wish list for […]
By Administrator_India Capital Sands The BSE Sensex, a gauge of the performance of India’s leading 30 stocks, hit the 50,000 milestone for the first time on Thursday, a remarkable feat considering the country’s gross domestic product (GDP) is set to post its biggest-ever contraction this financial year due to the impact of the Covid-19 pandemic. […]
