By Administrator_ India Capital Sands The Tamil Nadu state government has extended COVID-19 curbs till September 9 with additional relaxations. The existing relaxations were scheduled to end by August 23. Chief Minister M K Stalin chaired a high-level meeting with senior officials on August 21 and decided to reopen educational institutions from September 1 along […]
By Administrator_ India Capital Sands News of Amazon.com Inc.’s department store plans sent a shudder through retail stocks just as some of the biggest names in the industry were reporting robust earnings, a signal that new challenges await in the beleaguered sector. Amazon will open several physical locations that will compete with department stores, the Wall Street […]
By Administrator_ India Capital Sands India exported goods worth $7.1 billion in the second week of August, up 39.5 percent year-on-year, led by robust demand for engineering goods, pharmaceuticals, as well as gems and jewelry products, according to preliminary data collated by the commerce and industry ministry. However, the number is slightly lower as compared […]
By Administrator_India Capital Sands Commodities have witnessed a directionless week as market players continued to assess Fed’s monetary policy stance, virus situation as well as health of Chinese economy. Such directionless trade may continue in the near term with no clear cues. COMEX gold tested March low earlier this week but bounced back sharply and […]
By Administrator_ India Capital Sands A cryptocurrency platform has lost an estimated $600 million in digital tokens after one of the sector’s biggest ever hacking attacks, according to details of the heist which emerged on Wednesday. Poly Network, a decentralized finance platform, announced the hack on Twitter and posted details of digital wallets to which it said the money […]
By Administrator_ India Capital Sands Extreme climate occurrences in the form of heatwaves, droughts, floods and thinning of glaciers are now indisputably linked to human behaviour and not natural causes, says the latest assessment report by global climate scientists, adding that some of these climate changes might be irreversible. The report, “Climate Change 2021”, from the […]
By Administrator_ India Capital Sands Census operations, aborted due to Covid, are set to resume soon. In a huge rush of orders, the ministry of home affairs has filled in the vacant positions of director of Census operations in states over the last week. The states covered include large ones like Uttar Pradesh, Gujarat, and Chhattisgarh as […]
By Administrator_ India Capital Sands The United Arab Emirates will lift a ban on transit passenger traffic from India, Pakistan, Nigeria, and other countries from Aug. 5, the National Emergency and Crisis Management Authority (NCEMA) said on Tuesday. The UAE, a major international travel hub, has banned passengers from many South Asian and African countries for […]
By Administrator_ India Capital Sands Bharat Biotech’s Covaxin is effective against the Delta and Delta plus variant, a study by the Indian Council of Medical Research and National Institute of Virology has said. The study released on Monday showed that Covaxin provides 65.2 percent protection against the Delta variant which was first detected in India. […]
By Administrator_India Capital Sands The US economy grew solidly in the second quarter (Q2), pulling the level of gross domestic product (GDP) above its pre-pandemic peak, as massive government aid and vaccinations against Covid-19 fueled spending on goods and travel-related services. GDP, the broadest measure of economic output, grew 1.6 per cent in Q2, the commerce department said […]
