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 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 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 New Delhi: Delhi registered highest single-day jump of 8,593 new COVID-19 cases on Wednesday (November 11, 2020) taking the tally to 4.59 lakh. Atleast 85 new fatalities have been recorded taking the death toll to 7,228. As per the latest health department bulletin, as many as 64,121 tests –19,304 RT-PCR and 44,817 rapid […]
By Administrator_India Capital Sands The US has surpassed 1 million new confirmed coronavirus cases since the start of November. The tally of cases in just 10 days shows the reach of the virus amid a strong fall surge. Several states posted new highs Tuesday, including 12,000 new cases in Illinois and more than 7,000 in […]
By Administrator_India Capital Sands One of the toughest challenges central bankers face is how to navigate the “Impossible Trinity” — maintaining monetary policy independence while allowing a steady flow of foreign capital and keeping a stable currency. Also known as the “Trilemma,” it’s the bane of emerging markets from Argentina to Turkey. Cut interest rates […]
By Administrator_India Capital Sands Amid the rising coronavirus COVID-19 cases across the world, billionaire philanthropist Bill Gates said on Monday (October 19) that COVID-19 vaccines will be available by the summer of 2021. He added that COVID-19 vaccines will be the fastest vaccine to be ever developed. Gates made the statements while addressing at the […]
By Administrator_India Capital Sands Democratic presidential candidate Joe Biden said that next week’s scheduled debate with Republican President Donald Trump should not take place if Trump is still infected with COVID-19. Biden said the October 15 debate in Miami should only be staged under strict health guidelines and called the coronavirus outbreak that has hit […]
By Administrator_India Capital Sands Prime Minister Narendra Modi is scheduled to chair a high-level virtual meeting with the Chief Ministers and Health Ministers of seven COVID-19 hit states and UTs at 5:00 PM on Wednesday (September 23) to review the status and preparedness of coronavirus COVID-19 response and management. These States/UTs are Maharashtra, Andhra Pradesh, […]
