By Administrator_India Capital Sands Gold edged lower on Wednesday as the dollar firmed with investors tracking two closely contested U.S. Senate runoff races in Georgia that will likely determine President-elect Joe Biden administration’s fiscal policy. Spot gold fell 0.3% at $1,943.46 per ounce by 0355 GMT after hitting a near two-month peak at $1,954.97 earlier in the session. U.S. gold […]
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By Administrator_India Capital Sands In a significant development, the Drugs Controller General of India (DGCI) on Sunday (January 3) approved two vaccines – AstraZeneca-Oxford’s Covishield and Bharat Biotech’s Covaxin – for emergency use against COVID-19 in India. According to DCGI, both Covishield and Covaxin have to be administered in two doses and these vaccines can […]
By Administration_ India Capital Sands Gold pushed above $1,900 an ounce to hit the highest level in almost two months, aided by a weaker dollar, after posting the biggest annual advance in a decade. Silver also surged on the first full trading day of the new year, while platinum jumped to its priciest since 2016. […]
By Administrator_India Capital Sands The euro took a breather against the dollar Thursday, and while the single currency is set to close higher for the year, analysts call for a healthy dose of caution heading into 2021. EUR/USD fell 0.68% to $1.2211, but remains on track to close up about 9% higher for the year. The […]
By Administrator_India Capital Sands President-elect Joe Biden and President Donald Trump will campaign next week in Georgia, holding dueling events on the eve of runoff elections that will determine who controls the U.S. Senate and the fate of Biden’s legislative agenda. The visits come as Trump escalates his fight with fellow Republican leaders in the […]
By Administrator_India Capital Sands The banking and non-banking financial sectors in India showed resilience in 2019-20, but with nearly 40 per cent of the outstanding loans under a moratorium, the system may face a sharp deterioration in asset quality, the Reserve Bank of India’s (RBI’s) annual publication titled “Trend and Progress of Banking in India”, […]
By Administrator_India Capital Sands India, which appears to have been pushed back to being the world’s sixth biggest economy in 2020, will again overtake the UK to become the fifth largest in 2025 and race to the third spot by 2030, a think tank said on Saturday. India had overtaken the UK in 2019 to […]
By Administrator_India Capital Sands New Delhi/ Hyderabad: A two-day dry run for coronavirus vaccine program starts today in Andhra Pradesh, Punjab, Gujarat and Assam. Focus on management of possible adverse events after immunisation, and dry runs that include checks on cold storage and transportation arrangements will be part of program that will be carried out […]
By Administrator_India Capital Sands In a bid to check air pollution in Delhi and the national capital region (NCR), the Central Pollution Control Board (CPCB), on December 23 directed agencies concerned to ensure that the National Green Tribunal’s (NGT) and courts’ orders regarding ban and sale of firecrackers are followed duly during New Year celebrations. […]
