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. […]
By Administrator_India Capital Sands The benchmark indices rebounded on Tuesday, a day after posting the biggest fall in seven months amid concerns about a new strain of coronavirus detected in the UK. Both indices managed to recover close to a third of their losses on Monday. The indices were seesawing between gains and losses for […]
By Administrator_India Capital Sands Australia’s most populous state on Tuesday reported its lowest one-day rise in new COVID-19 cases in nearly a week, fuelling optimism that contact tracing and social distancing were working to bring a dangerous new outbreak in Sydney under control. New South Wales (NSW) reported eight new locally acquired COVID-19 cases in […]
By Administrator_India Capital Sands The dollar was up on Monday morning in Asia, with investors turning to the safe-haven asset as many countries tightened restrictive measures against the COVID-19 virus. The U.S. Dollar Index that tracks the greenback against a basket of other currencies was up 0.40% to 90.190 by 9:06 PM ET (2:06 AM GMT). The […]
By Administrator_India Capital Sands European Union (EU) states will start vaccinations against Covid-19 in 10 days as Europe tries to catch up with Britain and United States after what some have criticised as a slow EU approval process for the shots. The December 27 start date — confirmed by EU Commission chief Ursula von der Leyen, […]
By Administrator_India Capital Sands Cooking gas LPG price on Wednesday was increased by Rs 50 per cylinder, the second hike in rate this month following firming of international prices. Aviation turbine fuel (ATF) price was raised by a steep 6.3 per cent. Non-subsidised LPG price was increased to Rs 694 per 14.2-kg cylinder from Rs 644 […]
By Administrator_India Capital Sands The Delhi Chalo farmers’ protest at border points in New Delhi has entered the 21st day today. Leaders of agitating farmers have asserted they will “make” the Centre repeal the three new agri reform laws in a hardening of their stand even as Prime Minister Narendra Modi said a conspiracy is […]
