By Administrator_India Capital Sands The European Central Bank offered lenders a fourth round of regulatory relief to help massive stimulus efforts feed through to a virus-stricken economy. Banks will be temporarily allowed to tweak the math behind a financial strength metric known as the leverage ratio to their benefit by stripping out deposits held at central banks, the […]
By Administrator_India Capital Sands The dollar rebounded from lows Wednesday, as the Federal Reserve forecast rates to remain on hold until at least 2023, but also upgraded its economic outlook, citing a faster recovery. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, rose by 0.17% to 93.24. […]
By Administrator_India Capital Sands New Delhi: Markets ended in the green led by rally in banking and finance stocks amid a positive trend in global markets. The 30-share BSE Sensex closed 287.72 points or 0.74 per cent higher at 39,044.35. The broader NSE Nifty rose 81.75 points or 0.71 per cent to finish at 11,521.80. […]
By Administrator_India Capital Sands India has been elected as a member of the United Nation’s Commission on Status of Women, a body of the Economic and Social Council, said TS Tirumurti, permanent representative of India to the United Nations on September 15. “Election to the ECOSOC body is an endorsement of India’s commitment to promoting […]
By Administrator_India Capital Sands ByteDance has managed to meet the September 15 deadline to sell TikTok’s US operations. The company has chosen Oracle instead of Microsoft. Tiktok will have a new buyer in Oracle, as September 15 deadline to complete the sale looms large. Earlier Satya Nadella-led Microsoft was seen as leading the race to […]
By Administrator_India Capital Sands In a bid to ease travel woes of several National Eligibility cum Entrance Test (NEET) aspirants, the Kolkata Metro has decided to run special services on September 13. Preparations underway at the metro stations of Kolkata Metro as it gears up to resume services from September 14 amid COVID-19. Metro Railway […]
By Administrator_India Capital Sands In a major turn of events, the Indian drug regulator on Wednesday issued a show cause notice to Serum Institute of India (SII), which had earlier said it would proceed with clinical trials of AZD1222, the vaccine candidate developed by the University of Oxford, despite a halt on the same by AstraZeneca in the UK. […]
By Administrator_India Capital Sands NEW DELHI: Here is the list of top 10 stocks that could be in focus Wednesday: Economy: Goldman Sachs and Fitch Ratings on Tuesday forecast deeper-than-previously estimated economic recession for India in FY21, holding that limited fiscal support, fragilities in the financial system and a continued rise in coronavirus cases are hampering […]
By Administrator_India Capital Sands NEW DELHI : In March, press reports created a buzz in the Indian telecom industry: Reliance Jio has replaced Nokia and Oracle’s 4G voice technology with their own components, and built end-to-end network gear for 5G, the reports said, illustrating how India’s largest telecom operator is now capable of building network equipment. […]
By Administrator_India Capital Sands After being closed for over five months due to the Covid-19 pandemic, the Delhi Metro resume its services from today. Metro operations will resume in a phased manner, and the first line to be opened in the system is the Yellow line, connecting Samaypur Badli and Huda City Centre in Gurugram. Over a period of […]
