India splurged a record $55.7 billion on gold imports in 2021, buying more than double the previous year’s tonnage as a price drop favoured retail buyers and pent up demand emerged for weddings that were delayed when the pandemic first hit. The previously unreported details of the world’s second biggest consumer nation’s soaring imports were […]
Halting a declining trend of last month, jet fuel or ATF price has been hiked by 2.75 per cent on firming international oil prices, while cooking gas LPG rate has seen the first decline since October. Aviation turbine fuel (ATF) price has been hiked by Rs 2,039.63 per kilolitre, or 2.75 per cent, to Rs 76,062.04 per […]
Indian investment bankers are set for their best year ever, collecting almost 26 billion rupees ($347 million) in fees from local initial public offerings that have reached an all-time high in 2021. A little over 110 companies ranging from online grocers to food delivery and beauty startups listed their shares in Mumbai this year, raising almost $18 […]
By Administrator_ India Capital Sands India and the United Kingdom plan to launch negotiations on a trade deal between the two nations by 1 November 2021, the commerce and industry said on Tuesday. Both nations are looking at an interim trade deal by March next year, which will be followed by a comprehensive FTA. The interim deal […]
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 By May 7, India could see the peak of the second wave of coronavirus cases, suggested Experts, the government’s mathematical modeling expert on Covid-19 case predictions. If the predictions hold true, it would be a huge relief for the country to cross the national peak of the second wave by […]
By Administrator_ India Capital Sands Prime Minister Narendra Modi on Wednesday said the new National Education Policy is futuristic and as per world standards, and aimed at fulfilling Dr S Radhakrishnan’s vision of education that empowers a student to participate in national development. “India takes pride in being the mother of democracy as its values are embodied in our social life,” […]
By Administrator_India Capital Sands A total of 1,19,07,392 beneficiaries have so far been vaccinated for COVID-19 through 2,53,434 sessions held till the evening of February 23, the 39th day of the immunisation drive, according to a provisional report of the Union Health Ministry. On February 23, 1,61,840 beneficiaries were vaccinated till 6 pm through 8,557 sessions, […]
By Administrator_India Capital Sands Facebook plans to go all-out to “allay fears” over its intended privacy policy changes, for which it will take up ad campaigns and interactions with users and government stakeholders over the next few months. Sources told the Business Standard the campaign would clarify that the updated policy would be applicable to interactions […]
By Administrator_India Capital Sands India’s second-largest telecom company Bharti Airtel is lining up a $1-billion fundraise via perpetual bonds, The Economic Times reported. A perpetual bond is a fixed income security with no maturity date. According to the report, the telecom major floated the plan to half a dozen MNC banks as it targets foreign […]
