World
Facebook Changes Its Name To ‘Meta’ In Rebranding Exercise
By Administrator_ India Capital Sands Facebook changed its parent company name to “Meta” on Thursday as the tech giant tries to move past being a scandal-plagued social network to its virtual reality vision for the future. The new handle comes as the company battles to fend off one of its worst crises yet and pivot […]
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India
India successfully test-fires Agni- 5, it’s surface to surface ballistic missile
By Administrator_ India Capital Sands India on October 27 successfully test-fired its surface to surface ballistic missile Agni -5 from the APJ Abdul Kalam Island, Odisha. The missile, which uses a three-stage solid-fuelled engine, is capable of striking targets at ranges up to 5,000 kilometers with a very high degree of accuracy. The successful test […]
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India
Petrol, diesel prices: Fuel prices rise to fresh highs across the country
By Administrator_ India Capital Sands After two days of pause, petrol prices increased by 31 to 35 paise per litre while diesel prices surged by 33 to 37 paise per litre across the country on October 27, according to a price notification of state-owned fuel retailers. The latest increase that follows the unrelenting hike in […]
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International
Nobel Prize in medicine for discovery of temperature, touch receptors
By Administrator_ India Capital Sands Two US-based scientists were awarded the Nobel Prize in physiology or medicine on Monday for their discovery of the receptors that allow humans to feel temperature and touch. David Julius and Ardem Patapoutian focused their work on the field of somatosensation, that is the ability of specialized organs such as eyes, ears […]
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Coronavirus News
Zydus Cadila proposes Rs 1900 for three-dose COVID vaccine
By Administrator_ India Capital Sands With talks underway between the central government and Zydus Cadila over the pricing of the COVID-19 vaccine ZyCov-D, the pharma company is learnt to have proposed a price of Rs 1,900 for its three-dose jab that can be given to those above 12 years of age. However, the government is […]
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Coronavirus News
Covid-19 pandemic cut life expectancy by most since World War II
By Administrator_ India Capital Sands The Covid-19 pandemic reduced life expectancy in 2020 by the largest amount since World War II, according to a study published on Monday by Oxford University, with the life expectancy of American men dropping by more than two years. Life expectancy fell by more than six months compared with 2019 in 22 of the 29 […]
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Business
AstraZeneca Pharma India gets DCGI nod to import
By Administrator_ India Capital Sands Drug firm AstraZeneca Pharma India said it has received import and market permission from the Indian drug regulator for Selumetinib capsules. The company has received the import and market permission in Form CT-20 from the Drugs Controller General of India for Selumetinib 10 mg & 25 mg capsules, AstraZeneca Pharma India said […]
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India
PM Modi meets leading American CEOs; encourages them
By Administrator_ India Capital Sands Prime Minister Narendra Modi on Thursday met a group of five top American corporate leaders on a one-on-one basis from a range of diverse sectors ranging from drones to 5G, semiconductor, and solar and encouraged them to step up their investments by highlighting the vast opportunities in India. “Talking technology…,” the Prime […]
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Market
India to be the 5th largest market globally by 2024
By Administrator_India Capital Sands New initial public offerings will help add $400 billion to the overall market capitalization over the next three years, an American brokerage said on Monday. The estimate comes on the back of a surge in IPO activity in the last few months, which has seen companies raise $10 billion from public […]
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India
No Delta plus variant of COVID-19 was found in 376 samples tested in Mumbai
By Administrator_ India Capital Sands No Delta plus variant of COVID-19, considered highly contagious, was found among 376 samples tested in the second round of genome sequencing in Mumbai, a senior civic official said. Additional municipal commissioner (western suburbs) Suresh Kakani said the samples were examined at a genome sequencing facility inaugurated in the city […]
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Weather
Monsoon Updates: Orange alert in Delhi, heavy rain likely
By Administrator_ India Capital Sands The India Meteorological Department has issued an orange alert for Delhi on September 16. While the alert is for moderate rain, heavy rain is also expected at isolated places. An orange alert is issued as a warning for extremely bad weather with the potential of disruption in commute with road […]
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International
PM to visit US for Quad on Sept 24; focus on Afghan crisis, Covid-19
By Administrator_ India Capital Sands Prime Minister Narendra Modi will travel to the US next week to participate in the first in-person Quad summit that is expected to broadly focus on contemporary global challenges, including the Afghan crisis, the Covid pandemic, and ensuring a free and open Indo-Pacific. In his first visit to the US since President […]
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Market
Sensex slips 127 points, Nifty ends session at 17,355
By Administrator_ India Capital Sands Equity benchmark Sensex dropped 127 points on Monday, weighed by losses in index heavyweights Reliance Industries, ICICI Bank, and HDFC Bank. The 30-share BSE index ended 127.31 points or 0.22 percent lower at 58,177.76, while the broader NSE Nifty slipped 13.95 points or 0.08 percent to 17,355.30. RIL was the […]
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Coronavirus News
Vaccine passports ditched in UK’s new plan to manage Covid-19 pandemic
By Administrator_ India Capital Sands British Prime Minister Boris Johnson will set out on Tuesday his plans to manage the Covid-19 pandemic in the winter months, announcing a decision to scrap the introduction of vaccine passports and steps to end some emergency powers. Johnson, under fire from some in his governing Conservative Party for raising taxes to fix a […]
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Business
Life insurers report 3% YoY growth in new business premiums in August
By Administrator_ India Capital Sands After witnessing a double-digit contraction in new business premium (NBP) in July, life insurers are back in the green again, witnessing a marginal year-on-year (YoY) growth of 3 percent in NBP in August, owing to a strong performance by the private insurers. In July, life insurers reported an 11 percent YoY drop in NBP […]
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Business
Gold imports nearly double in August as prices dip ahead of festivals
By Administrator_ India Capital Sands India’s gold imports in August nearly doubled from a year earlier to the highest in five months on strong demand and as weaker prices prompted jewelers to ramp up purchases for the festive season, a government source said. Higher imports by the world’s second-biggest bullion consumer could support benchmark gold prices, which have […]
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Commodity
Saudis cut oil prices to woo buyers as OPEC+ boosts supply
By Administrator_ India Capital Sands Saudi Arabia cut oil prices for sales to Asia next month by more than twice the expected amount in a sign the world’s largest crude exporter wants to entice buyers to take more of its barrels. State producer Saudi Aramco is rolling back pricing on all of its grades to its biggest market […]
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India
Tokyo Paralympics: India’s Bhavinaben Patel wins silver medal
By Administrator_ India Capital Sands Indian table tennis player Bhavinaben Patel has won a historic silver medal in her maiden Paralympic Games. With this medal, the Indian team opened its account at the Tokyo Games. She dedicated her Silver medal to India. “I want to thank my coach, family members, and friends for their constant […]
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Business
US Fed chair Jerome Powell hints at the tapering of easy money policy by year-end
By Administrator_ India Capital Sands The Federal Reserve will start dialing back its ultra-low-rate policies this year as long as hiring continues to improve, Chair Jerome Powell said Friday, signaling the beginning of the end of the Feds extraordinary response to the pandemic recession. The Fed’s move could lead, over time, to somewhat higher borrowing […]
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Stock Market
NSE bans members from selling digital gold after Sebi flags concerns
By Administrator_India Capital Sands National Stock Exchange has directed its members, including stockbrokers, to discontinue the sale of digital gold on their platforms by September 10. The direction came after capital markets regulator Sebi said that certain members are providing a platform to their clients for buying and selling digital gold. Securities and Exchange Board of India (Sebi), through a letter […]
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Market
Infosys becomes 4th Indian company to touch $100 bn market capitalization
By Administrator_ India Capital Sands Infosys on Tuesday became the fourth Indian company to touch a market valuation of $100 billion. The IT services major has joined the league of TCS, Reliance Industries, and HDFC Bank for crossing the $100 billion mark in terms of market capitalization. The milestone was achieved during the morning trade when the scrip […]
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Business
Sensex, Nifty Edge Higher Led By Gains In IT, Metal Shares
By Administrator_ India Capital Sands The Indian equity benchmarks opened higher on Tuesday led by gains in Infosys, HDFC Bank, Tata Consultancy Services, Tata Steel, Larsen & Toubro, and Tech Mahindra. The Sensex rose as much as 261 points to hit an intraday high of 55,816.70 and the Nifty 50 index touched an intraday high […]
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Business
Cryptocurrency Prices: Bitcoin over $49,000, Ether, Dogecoin plunge
By Administrator_ India Capital Sands Cryptocurrency prices continue to be in the red on August 23. The global cryptocurrency market cap is $2.13 trillion, a 1.37 percent increase over the last day, while the total crypto market volume over the last 24 hours is $93.71 billion, which makes a 13.09 percent decrease. The volume of […]
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Business
IndiGo says will resume flights to UAE from August 20
By Administrator_ India Capital Sands InterGlobe Aviation Ltd-run IndiGo will resume flight services to the United Arab Emirates from 0130 am on August 20, the airline said in a press release on August 19, hours after it said that operations to UAE stood canceled till August 24. On the morning of August 19, the UAE […]
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Economic news
RBI relaxes norms on foreign sovereign bond investment
By Administrator_ India Capital Sands The Reserve Bank of India has relaxed its norms on what banks can do with their excess dollars in the currency market, according to sources. The RBI had already allowed banks to invest their excess dollars in foreign currency bonds, but a rule in July 2016 had stated that a bank’s […]
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India
Mumbai Records First Death From Delta Plus Covid Variant
By Administrator_ India Capital Sands Mumbai has reported its first death from the Delta Plus Covid variant. A 63-year-old woman died on July 27 after testing positive on July 21. She had several comorbidities including diabetes, according to officials. This is Maharashtra’s second death from the Delta Plus after an 80-year-old woman from Ratnagiri died […]
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Market
Oil prices steady after US call for more oil raises supply
By Administrator_ India Capital Sands Oil prices were steady on Thursday following two days of gains after a call from the United States, the world’s top oil consumer, for major producers to boost output reinforced supply concerns as economies ease their coronavirus restrictions. Brent crude futures edged higher by 5 cents to $71.49 a barrel […]
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Economy News
Finance Ministry releases Rs 9,871 crore to 17 states as the grant
By Administrator_ India Capital Sands The Finance Ministry on Tuesday said it has released the fifth monthly installment of revenue deficit grant of Rs 9,871 crore to 17 states. The Post Devolution Revenue Deficit Grant is provided to the states under Article 275 of the Constitution. The grants are released as per the recommendations of […]
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Commodity
Gold prices slip to over 4-month low on early US Fed tapering fears
By Administrator_ India Capital Sands Gold slipped to a more than four-month low on Monday as solid U.S. jobs data stoked concerns of a sooner-than-expected interest rate hike, which could increase the opportunity cost of holding non-interest-bearing bullion. Spot gold fell 1.1% to $1,744.25 per ounce by 0616 GMT. In early Asia trade, prices slumped as much as […]
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Sports
Tokyo Olympics 2020 officially concludes, India on cloud nine with 7 medals
By Administrator_ India Capital Sands International Olympic Committee President Thomas Bach declared the 32nd Olympic Games in Tokyo closed on August 8. The closing ceremony was held in a nearly empty stadium, at the end of a 16-day event that was held under strict COVID restrictions. The festivities began in front of VIPs after the Japanese flag was raised […]
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Delhi
Pink Line Set To Become Delhi Metro’s Longest Corridor From Friday
By Administrator_ India Capital Sands Delhi Metro’s Pink Line is all set to become the rail network’s longest operational corridor from Friday onward. This will help commuters save time and money as the Trilokpuri gap on the line has been plugged. The Majlis Park-Shiv Vihar corridor or the Pink Line covers 38 stations. However, a […]
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Business
IndiGo to launch IATA Travel Pass for international travel
By Administrator_ India Capital Sands IndiGo has partnered with International Air Transport Association to launch a pilot project for IATA Travel Pass, which will enable passengers to create a ‘digital passport’ to verify their pre-travel test or vaccination status to meet the SOPs of the destination. The IATA Travel Pass will be a mobile app […]
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Business
PNB Q1 net profit rises over three-fold to Rs. 1,023 crore on higher recovery
By Administrator_ India Capital Sands State-owned Punjab National Bank on Monday reported over three-fold jump in its standalone net profit to Rs 1,023.46 crore for the first quarter ended June 30, mainly due to falling in operating expenses and good recovery. The bank had posted a net profit of Rs 308.45 crore in the same quarter […]
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Sports
Badminton star P V Sindhu scripts history on Super Sunday
By Administrator_ India Capital Sands Reigning world champion P V Sindhu on Sunday became India’s first woman to win two Olympic medals, comfortably securing a bronze in the badminton women’s singles third-place play-off. The men’s hockey team delivered a historic win soon afterward, advancing to the Olympics for the first time in 49 years and capping off a Super Sunday […]
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World
Sydney Lockdown Extended By 4 Weeks As Australia COVID-19 Cases Spike
By Administrator_ India Capital Sands By Administrator_ India Capital Sands The Australian city of Sydney extended a lockdown by four weeks on Wednesday after an already protracted stay-at-home order failed to douse a COVID-19 outbreak, with the authorities warning of tougher policing to stamp out non-compliance. Far from a planned exit from lockdown in three […]
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Sports
It’s 2021, but the sexualizations of women in sports continue; Olympic Games
By Administrator_ India Capital Sands Seriously, if you’re a woman in a competitive sport, there’s really no winning. It’s a classic ‘damned if you do, and damned if you don’t’ scenario. On the one hand, is Norway’s beach handball team was fined for wearing less revealing clothes at the Euro 2021 tournament. On the other is […]
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Sports
Tokyo Olympics: Mary Kom, Sindhu cross first hurdle, into round 2
By Administrator_ India Capital Sands It was a mixed day for the Indian contingent at the Tokyo Summer Olympics on Sunday. Iconic boxer MC Mary Kom, 38, beat her 23-year-old opponent from over Dominican Republic, Miguelina Hernandez Garcia, to power her way into the pre-quarterfinals after a superb tactical victory in the 51kg category. Sindhu shines PV […]
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Sports
Tokyo Olympics: India’s prospects and past wins
By Administrator_ India Capital Sands All eyes and hearts are set for the Tokyo 2020 Olympics to be held in Japan from July 23 to August 8, delayed by a year due to the deadly COVID-19 pandemic. India will be participating in 18 sports disciplines and related events at the games. A total of 127 […]
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International
EU rejects UK demand for a new post-Brexit deal on Northern Ireland
By Administrator_ India Capital Sands Britain demanded on Wednesday a new deal to oversee problematic post-Brexit trade involving Northern Ireland, warning it already had the right to unilaterally ignore parts of an agreement struck with the bloc just last year. The European Commission immediately poured cold water on the plea, saying Prime Minister Boris Johnson and Brexit minister […]
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Business
Gold prices up to Rs. 96 to Rs. 48,222/10 gm on safe-haven; Silver corrects Rs. 810 a kg
By Administrator_ India Capital Sands Gold prices jumped by Rs 96 to Rs 48,222 per 10 gram in the Mumbai retail market on positive global cues and renewed risk aversion in global financial markets, however, the upside was capped by a sharp gain in the rupee. The surging cases of Delta variant of coronavirus and […]
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Market
Sensex sheds 586 points over Covid-19 surge in biggest drop since April 30
By Administrator_ India Capital Sands The benchmark indices on Monday declined along with Asian and European peers as investors were worried by the surge in Covid-19 cases and rising inflation. The benchmark Sensex fell 586 points to end the session at 52,553, a decline of 1.10 percent in the biggest single-day fall since April 30. The Nifty tumbled 171 […]
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Market
Gold edges up on Delta virus threat, lower US bond yields
By Administrator_ India Capital Sands Gold prices edged higher on Monday, lifted by a retreat in U.S. Treasury yields and concerns that a surge in coronavirus cases could dampen global economic recovery, though an uptick in the dollar limited gains for the safe-haven metal. Spot gold was up 0.1% at $1,812.83 per ounce, as of […]
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Business
Fed to shutter pandemic support asset purchases by end-2022
By Administrator_ India Capital Sands The Federal Reserve will shutter its asset purchases program by the end-2022, according to a Reuters poll, with a few more economists now predicting a rate hike as early as next year, but they pegged new COVID-19 variants as the biggest economic risk. However, Fed chair Jerome Powell said on […]
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India
PM Modi to inaugurate 5-star hotel atop Gandhinagar train station
By Administrator_ India Capital Sands PM Narendra Modi will virtually inaugurate a newly-built five-star hotel atop the redeveloped Gandhinagar railway station and a host of other big-ticket projects on July 16, said the Gujarat government. The redevelopment of the existing railway station in Gandhinagar and construction of the five-star hotel on top of the station […]
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Weather
Delhi-NCR likely to see light rain with thunderstorms today
By Administrator_ India Capital Sands People in Delhi-NCR may get respite from high humidity today, as the weather department said the conditions are favorable for the advance of the monsoon over the national capital. In another statement, IMD said, “Thunderstorm with light to moderate intensity rain and winds with speed of 20-40 Km/h would occur over and adjoining […]
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Economy News
Asia shares bounce as mood shifts, sentiment fickle
By Administrator_India Capital Sands Asian shares were enjoying a relief rally on Monday as record highs on Wall Street and policy easing in China helped calm some of the recent jitters on global growth, though plenty of potential pitfalls lay ahead this week. In the United States, inflation data could provide a scare ahead of […]
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Commodity
Gold Up, Looks to End Week With Third Consecutive Weekly Gain
By Administrator_India Capital Sands Gold was up on Friday morning in Asia and is set to end the week with its third consecutive weekly gain. A drop in U.S. Treasury yields also gave the safe-haven yellow metal a boost while the dollar, which usually moves inversely to gold, inched up on Friday but fell from three-month […]
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Economy News
Good news for pilgrims! IRCTC to operate ‘Char Dham Yatra’ special train
By Administrator_ India Capital Sands In view of declining cases of coronavirus across the country, the Indian Railways has decided to operate a special train in September covering several top tourist destinations, including Char Dham–Badrinath, Jagannath Puri, Rameshwaram, and Dwarkadhish. After the great popularity and success of the “Shri Ramayana Yatra” train operated on the […]
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Business
Gold prices modestly lower on sharp appreciation in rupee
By Administrator_ India Capital Sands Gold prices fell marginally by Rs 128 to Rs 47,459 per 10 gram at the Mumbai retail market on a sharp recovery in rupee and increased appetite for risky assets. The precious metal marginally rose in the global market on the decline in US dollar and Treasury yields. The rate […]
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Business
Petrol inches closer to Rs 100 in Delhi, Kolkata, check rates in your city
By Administrator_ India Capital Sands Petrol prices saw a rise in prices again by 31 to 39 paise again on July 5, taking it to a historic high. However, the diesel rates remain unchanged. In the last two months, petrol prices increased by 34 times and diesel prices saw a surge in prices 33 times. […]
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Stock Market
Sensex Opens Flat; M&M, ICICI Bank Top Gainers, TCS, Infosys Weak
By Administrator_ India Capital Sands The domestic stock markets have opened on a cautious note due to mixed global trends. Asian markets are mixed in early trading and trends on SGX Nifty indicate a cautious opening for the Nifty in India, with a 9-points gain. As of 9:20 am, the BSE Sensex is trading at […]
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Commodity
Oil Up, OPEC+ Delays Meeting on Production Policy
By Administrator_ India Capital Sands Oil was up Wednesday morning in Asia after the OPEC+ delayed its meeting this week on production policy. Brent Oil Futures rose 0.61% to $74.73 by 10:39 PM ET (2:39 AM GMT) and Crude Oil WTI Futures jumped 0.69% to $73.48. U.S. crude oil supply data from the American Petroleum Institute showed a draw of […]
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Market
Sensex, Nifty Likely To Have A Cautious Opening
By Administrator_ India Capital Sands The Indian stock markets are likely to open mildly in the green, extending the gains witnessed in Friday’s session. Trends on SGX Nifty indicate a positive opening for the Nifty in India, with a 25-point gain. At 7:30 am, the Nifty futures were trading at 15,896, higher by 25 points […]
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Market
Asian Stocks Up Following U.S. $579 Infrastructure Deal
By Administrator_ India Capital Sands Asia Pacific stocks were up Friday morning after a U.S. $579 billion infrastructure deal boosted investor sentiment and sent U.S. shares to record levels. Japan’s Nikkei 225 was up 0.68% by 10:19 PM ET (2:19 AM GMT). The Tokyo Core Consumer Price Index was at 0% in June year-on-year, but above the 0.1% contraction in forecasts […]
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Commodity
Oil Holds Above $73 as Shrinking U.S. Stockpiles Tighten Market
By Administrator_ India Capital Sands Oil held above $73 a barrel as shrinking U.S. crude and fuel stockpiles added to bullish sentiment around the global demand recovery. Futures in New York were steady after rising 0.3% on Wednesday. Gasoline inventories unexpectedly slipped last week, while crude stockpiles fell for a fifth week, the longest run since January. […]
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Business
Sensex jumps over 100 points in early trade; Nifty tops 15,800
By Administrator_ India Capital Sands Equity benchmark Sensex jumped over 100 points in early trade on Wednesday, tracking gains in index-heavyweights Infosys, HUL, and Maruti, amid a positive trend in global equities. The 30-share BSE index was trading 145.45 points or 0.28 percent higher at 52,734.16 in initial deals. Similarly, the broader NSE Nifty advanced […]
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Business
Bharti Airtel, TCS To Jointly Build 5G Networks In India
By Administrator_ India Capital Sands Bharti Airtel and Tata Group have entered into a strategic partnership for implementing 5G network solutions for India. “Airtel will pilot and deploy this indigenous solution as part of its 5G rollout plans in India and start the pilot in January 2022, as per the guidelines formulated by the Government […]
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Economy News
Petrol, Diesel Prices Today, June 21, 2021
By Administrator_ India Capital Sands After a day’s pause, fuel prices were again hiked on Friday, pushing rates to fresh all-time record highs, according to a price notification of state-owned fuel retailers. In Delhi, petrol and diesel prices were increased by 29 paise and 27 paise, respectively. With the latest revision in the prices, petrol […]
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Economy News
Japan Inflation Gains for the First Time Since March 2020
By Administrator_ India Capital Sands Japan’s inflation edged into positive territory for the first time in 14 months as rising commodity costs fed higher gasoline prices at the pump, according to data that comes before a central bank policy decision later today. Consumer prices excluding fresh food ticked up 0.1% compared with a year earlier, […]
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Market
Sensex Drops 300 Points, Nifty Below 15,700
By Administrator_ India Capital Sands The Indian equity benchmarks staged a gap-down opening on the back of weak global cues after US Federal Reserve stunned investors by signaling it might raise interest rates at a much faster pace than assumed, sending bond yields and the dollar sharply higher. The Sensex fell as much as 402 […]
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Forex Analysis
Dollar Slips From One-Month High Ahead of Fed Statement
By Administrator_ India Capital Sands The dollar edged marginally lower in early European trade Wednesday but remained near a one-month high as traders warily await the latest communications from the Federal Reserve following the recent jump in U.S. inflation. At 2:55 AM ET (0755 GMT), the Dollar Index, which tracks the greenback against a basket […]
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Market
Sensex, Nifty Open At Record Highs Led By Gains In Reliance Industries
By Administrator_ India Capital Sands The Indian equity benchmarks opened at new all-time highs on Tuesday led by gains in index heavyweight Reliance Industries, Infosys, HDFC Bank, ICICI Bank, HDFC, and Tata Consultancy Services. The Sensex rose as much as 234 points to hit an all-time high of 52,785.71 and the Nifty 50 index touched […]
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Market
Sensex Sheds Over 400 Points, Financial Stocks Trade Weak
By Administrator_ India Capital Sands The domestic stock markets have opened in the red, after closing at record highs on Friday, due to the emergence of profit-booking at high levels. At 9:30 am, the BSE Sensex was trading at 52,046.50, lower by 444.15 points or 0.88 per cent and the NSE Nifty was at 15,631.54, […]
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Forex Analysis
Dollar Down Over Higher-Than-Expected Inflation Data
By Administrator_ India Capital Sands The dollar was down on Friday morning in Asia after the U.S. posted higher-than-expected inflation data in May. The USD/JPY pair inched up 0.08% to 109.40, with a new analysis saying another COVID-19 surge could come in Japan with or without the Olympics. The AUD/USD pair inched up 0.04% to 0.7755 as Australia is […]
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India
India Reports 94,052 New COVID-19 Cases
By Administrator_ India Capital Sands India reported 94,052 new COVID-19 cases and 6148 new deaths today. The country has so far reported a total of 2,91,83,121 cases and 3,59,676 deaths. India’s test positivity rate (positive cases identified for every 100 tests) continues to decline. It stands at 4.69 percent, the third straight day that it […]
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Stock Market
Asian Stocks Mixed, Investors Await Further Inflation Clues
By Administrator_ India Capital Sands Asia Pacific stocks were mixed Tuesday morning, but moves remained small. Investors continue to await further clues on the inflation outlook as the global economic recovery from COVID-19 continues. Japan’s Nikkei 225 edged up 0.16% by 10:32 PM ET (2:32 AM GMT). The country released its GDP earlier in the day, which contracted 1% quarter […]
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Stock Market
Toshiba to buy back 6% of shares
By Administrator_India Capital Sands Toshiba Corp said on Monday it will buy back up to 6% of its outstanding shares worth around 100 billion yen, in line with its plans to boost shareholder returns. The Japanese industrial conglomerate will also allocate about 50 billion yen to pay a special dividend as “some shareholders, mainly retail […]
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Economy News
Dollar on tenterhooks as payrolls test looms
By Administrator_ India Capital Sands The U.S. dollar wobbled above major support levels on Thursday, as traders awaited a batch of U.S. economic data that could set the tone at central bank meetings later this month. Investors have bet on the dollar falling as the world recovers from the COVID-19 pandemic, but they have lately […]
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Stock Market
Tesla to buy more than $1 billion of Australian battery
By Administrator_ India Capital Sands Tesla said it expects to spend more than $1 billion a year on battery raw materials from Australia given the country’s reliable mining industry and responsible production practices. Robyn Denholm, chair of the U.S. carmaker, said on Wednesday that Australia, which is rich in minerals used for batteries like lithium […]
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Stock Market
Asia shares try to extend rally ahead of U.S. jobs test
By Administrator_ India Capital Sands Asian shares were trying to extend their recent rally to a third week on Monday in the hope U.S. jobs figures show the expected revival in hiring in May and keep the global recovery on track. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.3%, having rallied 2.2% last […]
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Commodity
Oil Up, Fueled by Continuous Increase in U.S. Fuel Demand
By Administrator_ India Capital Sands Oil was up Friday morning in Asia, ending the week by extending gains from the highest close in more than two years. Optimism as U.S. fuel demand continues to increase gave the black liquid a boost, even as concerns over a potential Iranian supply increase remained. Brent oil futures were […]
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Commodity
Oil settles higher on stronger demand outlook as U.S inventories fall
By Administrator_ India Capital Sands Oil prices settled higher on Wednesday as a drop in U.S. crude stockpiles reinforced expectations of improving demand ahead of the peak summer driving season, offsetting worries that a possible return of Iranian supply would cause a glut. Brent settled up 22 cents, or 0.3%, to $68.87 a barrel, and U.S. West […]
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Economy News
Japan ruling party heavyweight calls for $239-billion extra budget
By Administrator_ India Capital Sands Japan’s government is expected to compile an extra budget in October or November, senior ruling party lawmaker Kozo Yamamoto said on Wednesday, calling for spending of around $239 billion to cushion the economic blow from the COVID-19 pandemic. Yamamoto, a heavyweight close to former Prime Minister Shinzo Abe, also urged […]
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Commodity
Gold Steady Near Four-Month High Amid Fed Inflation Comments
By Administrator_ India Capital Sands Gold steadied near the highest level in more than four months as investors weighed comments by Federal Reserve officials who sought to soothe concerns about inflation. Governor Lael Brainard, Atlanta Fed President Raphael Bostic, and St. Louis’s James Bullard said they would not be surprised to see bottlenecks and supply […]
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Commodity
Oil Up as Iran Nuclear Deal Talks Continue
By Administrator_ India Capital Sands Oil was up Monday morning in Asia, with investor sentiment boosted by signs of the U.S.’ continuing economic recovery from COVID-19 and the improved outlook for fuel demand. Investors are also monitoring the progress of talks to revive a 2015 Iranian nuclear deal that is likely to increase global crude supply. Brent […]
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Forex Analysis
Bitcoin under pressure as comeback fades
By Administrator_ India Capital Sands Bitcoin fell 3% on Friday, giving up gains from the Asia session, as its recovery from this week’s plunge shows signs of faltering. Bitcoin fell to $39,262 on the Bitstamp exchange. That is roughly 30% above its Wednesday low, but just below its 200-day moving average. Rival cryptocurrency ether also came […]
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Business
Adani Green buys SB Energy from Softbank and Bharti; firm valued at $3.5 bn
By Administrator_ India Capital Sands Adani Green Energy Ltd. said on Wednesday it is acquiring SB Energy India from Softbank of Japan and India’s Bharti Group to add 4,954 MW in its renewable power portfolio. The deal is the biggest acquisition in India’s renewable power sector. The transaction values SB Energy India at an enterprise valuation of […]
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Cryptocurrency
Litecoin Climbs 12% As Investors Gain Confidence
By Administrator_ India Capital Sands Litecoin was trading at $302.894 by 23:42 (03:42 GMT) on the Investing.com Index on Tuesday, up 12.23% on the day. It was the largest one-day percentage gain since May 5. The move upwards pushed Litecoin’s market cap up to $20.351B, or 0.98% of the total cryptocurrency market cap. At its highest, […]
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Stock Market
Asia shares left listless by mixed China data
By Administrator_ India Capital Sands Asian share markets turned mixed on Monday as data on Chinese retail sales missed expectations though industrial output stayed solid, while more evidence of global inflation pressures helped gold to a three-month peak. Chinese retail sales rose 17.7% in April a year ago, short of forecasts for a jump of […]
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Business
DBS private bank offers wealth succession planning
By Administrator_ India Capital Sands DBS Group its private banking arm has started offering trust services for cryptocurrencies, helping rich clients include the emerging asset class in their succession plans. This is the latest move into cryptocurrencies by Southeast Asia’s largest bank, which late last year launched a crypto exchange for institutional and other accredited […]
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Market
BSE, NSE shut today on account of Ramzan Id
By Administrator_ India Capital Sands The NSE of India and the BSE will remain closed on May 13 on account of Id-Ul-Fitr (Ramzan Id). Wholesale commodity markets, including metal and bullion, will also remain shut. There will be no trading activity in the forex and commodity futures markets as well. On May 12, the Sensex […]
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Cryptocurrency
Ethereum Climbs In Bullish Trade
By Administrator_ India Capital Sands The move upwards pushed Ethereum’s market cap up to $490.91B, or 19.37% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $479.29B. Ethereum had traded in a range of $4,151.39 to $4,238.94 in the previous twenty-four hours. Over the past seven days, Ethereum has seen a […]
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Stock Market
UK government lowers NatWest stake with $1.5 billion share sale
By Administrator_ India Capital Sands The British government has completed the sale of 1.1 billion pounds ($1.55 billion) in shares of NatWest, lowering its stake in the lender it bailed out over a decade ago to below 55%. UK Government Investments, the state-owned company that controls the shares, said the shares were priced at 190 […]
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Trading Platform
Market 24×365, A new 3-in-1 trading platform appeared on the Forex market
HND Ventures Forex and Crypto turnkey Technology Provider are delighted to announce the release of the brand new product – Market 24×365, 3in1 trading platform for MT4/MT5 Market 24×365, a new 3in1 trading platform appeared on the Forex market. HND Ventures Forex and Crypto turnkey Technology Provider are delighted to announce the release of the brand […]
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Economy News
Dollar holds near two-week high, U.S. jobs data eyed for Fed clues
By Administrator_ India Capital Sands The dollar hovered below a two-week high on Thursday, consolidating ahead of a key U.S. jobs report that may provide clues on when the Federal Reserve will dial back monetary stimulus. The greenback has rebounded from a one-month low over the past week, swung by U.S. economic data that has […]
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Economy News
India, UK decide to wrap up key talks for Free Trade Agreement by year-end
By Administrator_ India Capital Sands India and the United Kingdom have decided to wrap up key talks on trade issues by the end of 2021, expediting negotiations for a proposed free trade agreement (FTA) between both nations in the future. Bilateral trade and investment ties were a major part of the talks between Prime Minister Narendra Modi and his […]
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Market
European Stock Futures Mixed; Reopening Confidence Grows
By Administrator_ India Capital Sands European stock markets are seen opening in a mixed fashion Tuesday, amid continued concerns over rising Covid-19 cases in India but also optimism as major economies around the world reopen. At 2:05 AM ET (0705 GMT), the DAX futures contract in Germany traded 0.2% lower, CAC 40 futures in France dropped 0.2% but the FTSE […]
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Market
Asian Stocks Up, but Inflation Concerns Re-Emerge
By Administrator_ India Capital Sands Asia Pacific stocks were mostly up Monday morning, with volumes thin over the closure of two major markets in the region and re-emerging inflation concerns. Chinese and Japanese markets are closed for a holiday. In Australia, the ASX 200 edged up 0.14% by 10:30 PM ET (2:30 AM GMT), ahead of the […]
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Commodity
Gold Down, as Mixed Economic Data Takes Shine off Yellow Metal
By Administrator_ India Capital Sands Gold was down on Friday morning in Asia, with investors digesting a slew of economic data as the month of April ends. Gold futures were up 0.12% to $1,766.15 by 11:11 PM ET (3:11 AM GMT). The U.S. GDP rose 6.4% quarter-on-quarter in the first quarter of 2021 and 553,000 initial jobless claims were filed […]
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Commodity
Oil prices extend gains as demand outlook offsets India concerns
By Administrator_ India Capital Sands Oil prices extended gains on Thursday after rising 1% the previous session, as bullish forecasts on recovering demand this summer offset concerns of rising COVID-19 cases in India, Japan, and Brazil. Brent crude for June edged up 8 cents, or 0.1%, to $67.35 a barrel by 0104 GMT while U.S. […]
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Coronavirus News
India’s Covaxin vaccine ‘very important antidote’ against Covid
By Administrator_ India Capital Sands Covaxin, India’s home-grown COVID-19 vaccine, has been found to neutralize the 617 variant of the deadly virus, White House chief medical adviser and America’s top pandemic expert Dr. Anthony Fauci said in Washington. Fauci was speaking to reporters during a conference call on Tuesday. “This is something where we’re still […]
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Economy News
Dollar near multi-week lows before Fed, bitcoin reclaims $54,000
By Administrator_ India Capital Sands The dollar hovered near multi-week lows versus major peers on Tuesday, weighed by subdued Treasury yields, as investors consolidated positions ahead of the Federal Reserve’s policy decision this week. The safe-haven greenback was also out of favor after world stocks started the week hitting a record high, amid increasing investor […]
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Economy News
Dollar holds weak bias on expectations Powell will shun tapering
By Administrator_ India Capital Sands The dollar nursed losses against most currencies on Monday amid speculation that U.S. Federal Reserve Chairman Jerome Powell will shun talk of tapering bond purchases at a policy meeting this week. The euro rose to a near two-month high against the greenback before data later on Monday forecast to show […]
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India
India logs 332503 new cases; 2256 deaths amid Oxygen woes
By Administrator_ India Capital Sands India reported 332,503 fresh coronavirus infections on Friday, taking the cumulative caseload to 16,257,309, Worldometer showed this morning. This is the first time any country has recorded over 300,000 cases in just 24 hours. Amid oxygen shortage and the faltering health system in the country, India saw 2,256 deaths in the highest […]
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Trading Platform
What is a Trading Platform?
A trading platform is a software used for trading: opening, closing, and managing market positions through a financial intermediary such as an online broker. Online trading platforms are frequently offered by brokers either for free or at a discount rate in exchange for maintaining a funded account and/or making a specified number of trades per […]
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Market
BSE, NSE shut today on account of Ram Navami
By Administrator_ India Capital Sands The National Stock Exchange of India (NSE) and the BSE will remain closed on April 21 on account of Ram Navami. Wholesale commodity markets, including metal and bullion, will also remain shut. There will be no trading activity in the forex and commodity futures markets either. On April 20, while […]
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Coronavirus News
Britain adds India to travel ‘red-list’ as COVID-19 cases surge
By Administrator_ India Capital Sands The United Kingdom has announced to impose its strictest travel curbs on India after an explosion of coronavirus cases in the country. The announcement was made on Monday, shortly after British Prime Minister Boris Johnson called off a scheduled trip to New Delhi. Health Secretary Matt Hancock said that it […]
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International
AirAsia announces free rescheduling on all flight bookings till May 15
By Administrator_ India Capital Sands AirAsia India has announced free rescheduling on all flights for bookings till May 15, 2021. In a statement, the airline said that guests can now make unlimited changes for all bookings and changes made till May 15, irrespective of the travel dates, without incurring any flight change fees. “To ensure that […]
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Market
Gold Up Ahead of U.S. Economic Data Release
By Administrator_ India Capital Sands The U.S. data, including industrial production and retail sales, will be released later in the day. Gold futures edged up 0.14% to $1,738.80 by 11:59 PM ET (3:59 AM GMT). The dollar, which usually moves inversely to gold, hovered near a three-week low on Thursday and U.S. bond yields leveled off following March’s […]
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Economic news
March inflation rises to four-month high of 5.52% due to food, core prices
By Administrator_ India Capital Sands The retail price inflation rate rose to a four-month high of 5.52 percent in March due to upward movement in core as well as food rates, barring vegetables and cereals. This may prevent the central bank’s monetary policy committee (MPC) from cutting the policy rates unless growth really takes a […]
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POLITICAL NEWS
In Kerala, all political parties are for women MLAs, but only in principle
By Administrator_ India Capital Sands Women MLAs have never exceeded 10% of the Kerala Legislative Assembly in its 64-year political history. Kerala elected the highest number of women MLAs in 1996-13. Since 2001, this percentage has hovered around 5%, but in 1967 and 1977, only one woman was elected to the Kerala Vidhan Sabha. In […]
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India
No need for lockdown, focus on Covid-19 tests: PM Narendra Modi to CMs
By Administrator_ India Capital Sands Conceding that India was in the grip of a serious public health crisis that had surpassed the first wave of the Covid-19 pandemic, Prime Minister Narendra Modi on Thursday urged state governments to test more even if that meant higher reporting of the infection. Armed with the experience of managing the first […]
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Economy News
PMI services expand at a slower pace in March on surge in Covid cases
By Administrator_ India Capital Sands Activity in India’s services sector continued to expand in March, but at a slower pace with rising Covid-19 cases in the country resulting in lower footfalls and consumer uncertainty, a private survey showed on Wednesday. The IHS India Services Business Activity Index eased to 54.6 in March from 55.3 in […]
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Economy News
Union Bank, Central Bank of India offer the lowest interest rates on personal loans
By Administrator_ India Capital Sands The state-owned banks lead the race in offering the cheapest interest rates on personal loans. Union Bank of India and Central Bank of India’s personal loan rate on a Rs 5-lakh loan with a five-year tenure starts at 8.9 percent. It is followed by Punjab National Bank (PNB) with 8.95 […]
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Stock Market
Maharashtra Covid-19 curbs sink markets; Sensex falls over 1,400 points
By Administrator_ India Capital Sands Domestic stocks dropped on Monday following the imposition of strict restrictions in Maharashtra to contain the spread of Covid-19 infections, with investors fearing that the resurgence in virus cases could dent the economic recovery and hurt corporate earnings. The benchmark Sensex fell as much as 1,449 points, or 2.9 percent, in intra-day trade. The […]
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Coronavirus News
Delhi’s COVID surge continues as over 4000 cases reported 1st time this year; positivity rate 4.64%
By Administrator_ India Capital Sands Delhi recorded 4,033 coronavirus cases on Sunday, the highest daily count this year, as the positivity rate rose to 4.64 percent from 4.48 percent the previous day, according to the health department. Twenty-one more people died due to the disease, the highest since January 1, when an equal number of […]
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International
World Bank ups FY22 GDP growth projection for India by 4.7 percentage pts
By Administrator_ India Capital Sands The World Bank has scaled up its projections for India’s economic growth by a massive 4.7 percentage points to 10.1 percent for 2021-22 due to a strong rebound in private consumption and investment growth. The Bank had pegged the GDP growth at 5.4 percent for the country in its January report. “India, […]
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Stock Market
FTSE puts India, Saudi on watchlist for inclusion in its bond index
By Administrator_ India Capital Sands India’s efforts to include its bonds in global bond indices could fructify soon with FTSE Russell placing Indian and Saudi Arabian government bond markets on the watchlist for possible inclusion in its FTSE Emerging Government Bond Index. FTSE Russell’s semi-annual country classification review released on Monday said the market accessibility level of Indian and Saudi Arabian bonds […]
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Coronavirus News
Mumbai sees bed rationing again as coronavirus cases rise sharply
By Administrator_ India Capital Sands With Covid-19 cases surging across Maharashtra and also in Mumbai, the Brihanmumbai Municipal Corporation (BMC) has decided to manage over 2200 beds in 69 private hospitals in the city. The daily Covid tally in Maharashtra eased to 31,643 cases on Monday, against 40,414 new coronavirus cases on Sunday —two-thirds of the national tally of 68,020. The […]
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Market
Bitcoin Finds Support at $50K as Long-Term Appears Intact
By Administrator_ India Capital Sands Bitcoin’s slump Thursday was blamed on hedge funds rebalancing their portfolios ahead of the quarter-end, but the selling to $50,000 found support at a time when signs pointing to the strength of the long-term ‘hold rose to a record high for the year. BTC/USD fell 3.38% to $52,217, though had been […]
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Market
Millions of millennials are piling into India’s stock market, shows data
By Administrator_India Capital Sands When his parents first learned that Vishal Baveja, a 27-year-old doctor of forensic medicine, had invested some of his savings in Indian equity mutual funds, they were worried about the risk. Those fears abated when they saw the income those investments produced. Then, as the coronavirus pandemic took hold last year, […]
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Commodity
Oil tumbles with bearish market structure showing weak demand concern
By Administrator_India Capital Sands Oil slumped as a string of renewed lockdown measures in Europe stoked concerns about the demand outlook while the market’s underlying structure shifted to indicated near-term weakness. Futures in New York and London fell as much as 5 percent, with the prompt spread on both flipping into contango. Concerns are re-emerging […]
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POLITICAL NEWS
LS passes Bill that seeks to clarify that ‘govt’ in Delhi means ‘L-G’
By Administrator_ India Capital Sands A bill that seeks to make it clear that the “government” in Delhi means the “Lieutenant Governor” was passed by Lok Sabha on Monday amidst strong opposition from the Congress and the Aam Aadmi Party which said that the legislation is “unconstitutional”. Union Minister of State for Home G Kishan Reddy said […]
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World
French PM announces limited COVID-19 lockdown for Paris
By Administrator_ India Capital Sands French Prime Minister Jean Castex on Thursday announced a limited month-long lockdown for Paris and several other regions to combat surging Covid-19 cases while insisting the measures would be less strict than in the past. While non-essential businesses will close and movement outside will be restricted in the affected regions, […]
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Coronavirus News
Need ‘quick, decisive’ steps to stop second Covid-19 wave: Modi tells CMs
By Administrator_ India Capital Sands In a first such warning against an emerging second peak of Covid-19, Prime Minister Narendra Modi on Wednesday asked states to take quick and decisive steps to check the spread of the virus. In an urgently called video-conference meeting, chief ministers were told to adopt the test, track and treat strategy to […]
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Economic news
WPI inflation spikes to a 27-month high in Feb owing to costlier food, fuel
By Administrator_ India Capital Sands The wholesale price index (WPI)-based inflation rate rose to a 27-month high in February due to a broad-based hardening of prices of fuels, food items, and manufactured goods. However, diesel, which indirectly impacts prices of other items, continued to see deflation (a fall in prices), in February, albeit at a […]
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Commodity
Gold rises on inflation worries after US stimulus approval
By Administrator_ India Capital Sands Gold prices gained on Monday as the passage of a U.S. stimulus bill stoked inflation risks, although a resultant bounce in Treasury yields kept gains in check. FUNDAMENTALS * Spot gold rose 0.3% to $1,732.02 per ounce by 0134 GMT, while U.S. gold futures for April delivery rose 0.7% to […]
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Trading Platform
Trading Platform Market 24×365 (MT24365) or Market 24hrs x 365days and Market24365
What is a Trading Platform? The technology used for trading is known as a trading platform, such as opening, closing, and controlling market positions through an intermediary, say, an online broker. Brokers also offer online trading platforms either for free or at a discount rate in exchange for keeping a sponsored account and/or making a specified number of trades per month. The best […]
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Trading Platform
Best Options and CFDs Trading Platforms of 2021
The best options trading platforms might give you an edge in the market our opinions are our own and are not influenced by payments from advertisers. Learn about our independent review process and partners in our advertiser disclosure. We are committed to researching, testing, and recommending the best products. We may receive commissions from purchases made […]
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Coronavirus News
COVID-19 Update: Janata Curfew to be imposed in Maharashtra’s Jalgaon from March 11
By Administrator_India Capital Sands After Thane, now a Janata Curfew will be imposed in Maharashtra’s Jalgaon district. The curfew will start on March 11 at 8 pm and end on March 15 at 8 am, reported ANI. Emergency services, MPSC, and other Departments’ exams shall be exempted from the curfew, said Jalgaon’s District Collector Abhijit Raut. […]
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Business
Petrol, Diesel prices remain steady, govt tax collection on fuel swells by 459% in 7 years
By Admnistrator_ India Capital Sands Retail fuel prices across the country remained steady on March 9, 2021, after prices of petrol and diesel touched new highs on February 27, 2021. The prices of petrol and diesel in New Delhi remained unchanged at Rs 91.17 per litre and Rs 81.47 per litre, respectively, according to the Indian Oil […]
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International
Protests intensify across Myanmar; Suu Kyi party official dies in custody
By Administrator_India Capital Sands An official from the party of deposed Myanmar leader Aung San Suu Kyi died overnight in police custody, associates said, while protests were held in at least half a dozen cities in some of the most widespread action against the coup last month. The cause of Khin Maung Latt’s death was not known, but Reuters […]
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POLITICAL NEWS
‘Metro Man’ E Sreedharan, 88, is BJP’s CM candidate in Kerala
By Administrator_ India Capital Sands E Sreedharan, popularly known as the ‘Metro Man’, would be Bharatiya Janata Party’s (BJP) chief minister candidate for the upcoming Kerala Assembly elections. BJP state president K Surendran announced the decision on March 4. A list of the candidates would be announced soon, he said. Sreedharan, the 88-year-old engineer behind […]
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Business
Indian Oil proposes sale of hydrogen facilities instead of oil, gas pipelines
By Administrator_ India Capital Sands Indian Oil Corporation is not very keen on selling a stake in its pipelines and has instead proposed to sell some of its hydrogen-producing facilities. Indian Oil plans to hive off some of its hydrogen-producing units and sulfur recovery facilities at its refineries to a separate entity and sell stakes […]
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Business
PhonePe & Paytm lock horns: Both claim market leadership
By Administrator_India Capital Sands Walmart-owned PhonePe and SoftBank-backed Paytm have both claimed market leadership in February 2021 in India’s intensely competitive digital payments space. While Paytm claimed on March 1 that it has crossed 1.2 billion monthly transactions across payments methods such as Wallet, UPI, cards, and internet banking, PhonePe staked its claim for digital […]
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Business
Flipkart makes key changes in leadership team ahead of the IPO plan
By Administrator_India Capital Sands Flipkart has made key changes to its leadership team as the Walmart-owned e-commerce giant readies for a proposed initial public offering (IPO) by next year. As the firm focuses on building and growing its business further, it has made a few leadership role changes in Flipkart Supply Chain, CDO (category design operations) and M3 […]
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Stock Market
Asian Stocks Up, Calm Returns After Previous Week’s Government Debt Slide
By Administrator_India Capital Sands Asia Pacific stocks were mostly up Monday morning, as a measured of calm returned after the turmoil sparked by a slide in government debt during the previous week. Investors also digested economic data from China, Japan, and Korea. China’s Shanghai Composite was up 0.39% by 10:05 PM ET (3:05 AM GMT) and the […]
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Trading Platform
Online trading platforms market 24×365 and binary opinion
Online trading platforms market 24×365 and binary opinion: How do you know if you’ve picked the absolute best of the lot? When it comes to picking a platform to trade, it’s always simpler when you have a checklist on how to pick the right broker! This guide does just that, walking you through everything one […]
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Market
From BSE to Tokyo Stock Exchange, here’s a history of trading outages
By Administrator_India Capital Sands Trading stoppages are a common occurrence not just in India, but globally as well. Often the causes are software glitches, hardware failures, and internet connectivity problems. We look at some of the important instances. July 3, 2014: BSE halts trading for three hours due to network outage July 4, 2017: A Nasdaq glitch […]
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Market
Bitcoin tumbles 17% as doubts grow over starry valuations
By Administrator_India Capital Sands Bitcoin tumbled 17% on Tuesday, sparking a sell-off across cryptocurrency markets as investors grew nervous at sky-high valuations and leveraged players took profit. The world’s biggest cryptocurrency suffered its biggest daily drop in a month, falling as low as $45,000. Bitcoin was last down 11.3% at 0939 GMT. The drop extended a slump of nearly a fifth from […]
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Commodity
Oil Surges as Investors Bet Commodity Demand to Take Off
By Administrator _India Capital Sands Oil surged as traders and investment banks see global supplies rapidly tightening in response to a vaccination-led recovery this summer. Futures in London jumped 3.7% on Monday, its largest daily gain since early January, as a range of bullish calls and upward revisions to price forecasts, boosted optimism over oil […]
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International
Britain plans to unveil new visa scheme for financial technology workers
By Administrator_ India Capital Sands UK Chancellor Rishi Sunak plans to introduce new visas for financial technology workers in next month’s budget, part of a package of proposals in a report aimed at boosting the industry in the country, according to newspapers. The fast-track visa program is designed to lure global talent to Britain’s fintech companies and will […]
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India
India to test travellers from Brazil, South Africa, UK after detecting new virus strains
By Administrator_India Capital Sands India will make COVID-19 molecular tests mandatory for people arriving directly or indirectly from the United Kingdom, South Africa and Brazil in a bid to contain the spread of more infectious virus variants found in those countries. India, which has reported the highest number of overall COVID-19 cases after the United […]
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Business
Jeff Bezos reclaims title of world’s richest person after Elon Musk slips
By Administrator_ India Capital Sands Jeff Bezos, who’d held the title for more than three years until last month, reclaimed his No. 1 position with a net worth of $191.2 billion, or $955 million more than Musk Elon Musk’s reign as the world’s richest person was brief. Tesla Inc. shares slid 2.4 percent on Tuesday, erasing […]
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Economic news
India’s economy could recover and grow 10% in fiscal 2022, ratings agency S&P predicts
By Administrator_India Capital Sands Rating agency S&P Global Ratings said Tuesday that India is on track to recover from a pandemic-led economic contraction by next year. South Asia’s largest economy could grow 10% in fiscal 2022, the rating agency predicted in a report. India’s fiscal year begins on April 1 and ends on March 31 […]
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Market
Sensex crosses 52,000-mark for first time amid huge investments by FPIs
By Administrator_ India Capital Sands The Sensex on Monday crossed the 52,000-mark for the first time amid huge investments by foreign portfolio investors (FPIs) in global equity markets. The 30-share index gained 609 points, or 1.2 percent, to end the session at 52,154. The Nifty50 rose 151 points, or 1 percent, to end the session at […]
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Business
Bitcoin nears $50,000-mark as it hits a record in weekend action
By Administrator_ India Capital Sands Bitcoin reached a new record on Sunday, rising above $49,000 for the first time. The world’s largest cryptocurrency reached about $49,344 earlier in the day and was around $49,202 as of 10:20 a.m. in London. It’s now up about 70 percent so far this year. Rival cryptocurrency Ether hit a record on Saturday and […]
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Economic news
Indian economy to contract by 7% in current fiscal
By Administrator_India Capital Sands Pencilling in a GDP growth in third and fourth quarters, SBI Research on Wednesday revised its contraction forecast for the current fiscal year to 7 per cent. The agency had earlier forecast a 7.4 per cent contraction in 2020-21 GDP numbers. In April-September, the economy contracted 15.7 per cent but the second half may see […]
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Business
Expert Tips in Forex Trading and CFD or OTC Business
Expert Tips in Starting a Forex Trading and CFD or OTC Business with market 24hrs x 365days trading platform There are a lot of options for investments and businesses available worldwide, thus the need for foreign currency never diminishes. Since countries have their own fiat currency, they will always need to trade their local currency […]
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Business
Exports from UK to European Union down 68% since Brexit trade deal
By Administrator_ India Capital Sands Exports from Britain to the European Union fell by 68% in January as trade was disrupted after the end of a transition period following Britain’s departure from the European Union, according to a trade body representing hauliers. The government did not confirm the data and said disruption at the border had been […]
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Market
Sensex, Nifty keep run going; all eyes on RBI’s policy decision Today
By Administrator_ India Capital Sands Equity indices defied gravity for the fourth straight session to close at lifetime highs on Thursday, as FMCG and banking counters saw robust demand amid encouraging quarterly earnings. Participants shrugged off weak Asian cues and kept accumulating stocks ahead of the RBI’s policy decision on Friday, said traders. After touching […]
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Market
Sensex ends above 50K for first time, soars 9% in three trading sessions
By Administrator_ India Capital Sands The Sensex on Wednesday closed above the 50,000 mark for the first time as the Budget-fuelled rally continued for the third straight session. The index rose 458 points, or about 1 per cent, to finish at 50,256, gaining close to 9 per cent in the last three trading sessions. Investor […]
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Education
CBSE announces board exam schedule for classes 10 and 12 beginning May 4
By Administrator_ India Capital Sands The Central Board of Secondary Education announced on Tuesday the schedule for classes 10 and 12 board exams which will begin on May 4. As per the datesheet, the exams for class 10 will conclude on June 7, while those for class 12 will conclude on June 10. Usually, practical exams […]
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Trading Platform
Market 24hrs. x 365 (known as MT 24365 or Market 24×365) Review and Tutorial
MT 24×365 is a CFD and forex trading platform that specializes in CFD’s trading, a feature that displays trader behavior within current market conditions. This review will cover the main features of the MT 24×365 platform, including login, key features, regulation, and the withdrawal process. See if MT 24×365 is the right broker and trading […]
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Weather
Monsoon season likely to be ‘normal’ this year, says Skymet report
By Administrator_India Capital Sands India should experience a “normal” June-September monsoon season as the effects of the La Nina weather pattern ease, according to a report by Skymet Weather Services. “There is sufficient cooling in the Pacific Ocean now and La Nina conditions are at the peak,” the private forecaster said on its website on […]
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Coronavirus News
Global Covid cases surpass grim 100-million milestone; 2.1 million dead
By Administrator_ India Capital Sands Global coronavirus cases surpassed 100 million on Wednesday, according to a Reuters tally, as countries around the world struggle with new virus variants and vaccine shortfalls. Almost 1.3 percent of the world’s population has now been infected with Covid-19, the disease caused by the novel coronavirus, and more than 2.1 million people […]
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India
Rafale jets to mark debut during Indian Air Force fly-past| Republic Day 2021
By Administrator_ India Capital Sands The country’s newly acquired Rafale jets will feature for the first time in the fly-past by the Indian Air Force during Republic Day celebrations on January 26. “The finale, the ‘Vertical Charlie’ manoeuvre, will be done by the Rafale aircraft this time,” Major General Alok Kacker said on January 23 […]
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International
WHO plans slew of COVID-19 vaccine approvals for global rollout
By Administrator_ India Capital Sands The World Health Organization (WHO) plans to approve several COVID-19 vaccines from Western and Chinese manufacturers in the coming weeks and months, an internal document seen by Reuters shows, as it aims for rapid rollouts in poorer countries. COVAX, a global scheme co-led by the WHO, wants to deliver at […]
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Market
Sensex, Nifty soar 1.7% on US stimulus hope; HDFC, RIL and ICICI Bank gain
By Administrator_ India Capital Sands The benchmark Sensex snapped its two-day, 1,000-point losing streak on Tuesday as investors regained their risk appetite on optimism that the US will announce more stimulus measures under the Joe Biden administration. The index ended at 49,398, with a gain of 834 points, or 1.72 per cent — the most since November […]
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Economy News
Petrol nears Rs 85-mark in Delhi, diesel closer to Rs 82 in Mumbai
By Administrator_ India Capital Sands Petrol price in the national capital neared the Rs 85 a litre mark while diesel rates in Mumbai were close to Rs 82 as fuel prices were raised by 25 paise per litre each on Monday. Petrol now costs a lifetime high of Rs 84.95 per litre in Delhi while diesel comes for Rs […]
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Business
Parliamentary panel summons Facebook, Twitter officials on January 21
By Administrator_ India Capital Sands The Parliamentary Committee on Information Technology has issued summons to officials of Facebook and Twitter for January 21, to question them over misuse of the social media/online news platforms. The schedule of meeting on the Lok Sabha website read: “Evidence of representatives of Ministry of Electronics and Information Technology and to hear the views […]
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Trading Platform
6 Best Trading Platforms Globally
6 Best Online Brokers and Trading Platform in the Word This is our list of the best online trading platforms in Word based on several factors: traders score, commodities you can trade, trading platforms, funding methods, Islamic account enabled, minimum deposit and welcome bonus: Binary Opinion – Best for Binary Options Trading and CFD’s eToro – Best […]
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Business
Nifty achieves another milestone as valuation hits all-time high of 40x
By Administrator_ India Capital Sands The benchmark Nifty50 index on Tuesday reached another milestone in its journey to scale fresh peaks. The index price-to-earnings (P/E) multiple reached an all-time high of 40x on Tuesday when it made an intra-day high of 14,590.65. The index closed the day with a P/E multiple of 39.9 and earnings per share […]
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Market
Top 10 things to know What changed for the market ?
By Administrator_ India Capital Sands The Indian stock market is expected to open in the red as trends on SGX Nifty indicate a negative opening for the index in India with a 23 points loss. The BSE Sensex closed above the psychological level of 49,000, rising 486.81 points or 1 percent to 49,269.32 on January 11 while the Nifty50 climbed […]
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International
Traders ask govt to ban WhatsApp and Facebook over new privacy policy
By Administrator_ India Capital Sands The Confederation of All India Traders has strongly objected the new WhatsApp privacy policy through which all kinds of personal data, payment transactions, contacts, location and other vital information of a person who is using WhatsApp will be acquired by it and can be used for any purpose by WhatsApp. […]
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Business
Crypto market value tops $1 trillion as Bitcoin hits $37,000
By Administrator_ India Capital Sands The total market value of cryptocurrencies surpassed $1 trillion for the first time Thursday amid a frenzied and volatile rally in Bitcoin to yet another record. Cryptocurrencies hit the milestone after a fivefold climb in market value in the past year, data from tracker CoinGecko shows. Strategists have cited demand from speculative […]
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Business
Petrol price nears all-time high after fuel retailers hike rates
By Administrator_ India Capital Sands Petrol price on Wednesday neared all-time high after state-owned fuel retailers hiked rates after a nearly month-long hiatus. Petrol price was raised by 26 paise per litre and diesel by 25 paise a litre, according to a price notification from oil marketing companies. After this increase, petrol in Delhi climbed […]
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Trading Platform
Which one is the best Forex trading platform?
There are more Forex trading platforms than we can count, but only a few of them deserve being called the best. You see, the best platforms to trade Forex on are very subjective. What this means is whoever calls something the best, it is based on their own opinion, rather than the opinion of the […]
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Business
Bezos, Musk smash records as world’s richest add $1.8 trillion in 2020
By Administration_ India Capital Sands Billionaires have always traveled in a different orbit than the rest of us. Nicer things, more power, rocket-launching stations. But 2020 threw that gulf into stark relief. While much of the world grappled with soaring unemployment and plunging growth, the 0.001% benefited from unprecedented wealth creation. The world’s 500 richest […]
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Economy News
Rupee becomes worst-performing Asian currency; bonds rally in 2020
By Administrator_ India Capital Sands Bonds closed stronger on the last day of 2020 and the rupee weaker as the Reserve Bank of India followed opposite strategies for the two throughout the year. The rupee ended at 73.1 a dollar on Thursday, against 71.4 at the end of 2019. It has depreciated 2.3 per cent in […]
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Stock Market
Sensex, Nifty extend record run on vaccine booster; Ultratech Cement up 4%
By Administration_ India Capital Sands The Sensex and Nifty raced to fresh record highs on Wednesday as gains in financials, auto, and cement counters helped benchmarks extend their winning run for the sixth straight session amid positive global cues. European equities marched higher after the UK became the first country to approve the Covid-19 vaccine […]
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Economic news
Indian economy could be ‘most resilient’ in subregion in long term
By Administration_ India Capital Sands India’s economy could prove to be the “most resilient” in the subregion of South and South-West Asia over the long term, according to a report by the UN, which says a positive but lower economic growth post COVID-19 pandemic and the country’s large market will continue to attract investments. The […]
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Market
Sensex above 47K on US stimulus package; Wall Street hits record high’
By Administration_ India Capital Sands The Indian equity benchmark indices closed at yet another record high on the first day of the year’s final week. Continuing foreign portfolio investor (FPI) flows and positive global cues on US President Donald Trump’s signing a $2.3-trillion spending Bill, including a $900 billion coronavirus relief package, helped the benchmark Sensex to […]
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Economic news
Petrol, diesel prices unchanged for 21st day
By Administrator_ India Capital Sands Petrol and diesel prices were paused for the the 21st day on Monday after sixth straight day of hikes. Fuel prices were hiked for the sixth straight day on December 7 by the oil marketing companies leading rates to touch 2-yrear high. Petrol price in Delhi was was hiked by 30 […]
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Economy News
RBI governor asks banks to strengthen lending capacity by raising capital
By Administration_ India Capital Sands The RBI Governor Shaktikanta Das has asked banks to take proactive measures to strengthen their resilience and lending capacity by raising capital, the central bank said in a statement on Wednesday. During a two-day meeting with heads of banks, including the private sector lenders, the governor emphasised on the need to remain vigilant and make […]
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Commodity
Gold Up Over Cautious Stimulus Hopes
By Administration_ India Capital Sands Gold futures inched up 0.01% at $1,870.50 by 10:47PM ET (3:47 AM GMT). U.S. President Donald Trump said on Tuesday that he may not sign a COVID-19 bill passed by both the House of Representatives and the Senate on Monday. He called the bill an unsuitable “disgrace,” but stopped short of […]
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Business
Five things to know about US Congress deal for COVID-19 relief and its impact
By Administration_ India Capital Sands On December 20, top Capitol Hill negotiators sealed a deal for an almost $1 trillion COVID-19 economic relief package. This finally delivers long-overdue help to businesses and individuals and providing money to deliver vaccines to a nation eager for them. Here’s everything you need to know about this deal: — This deal […]
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Business
Apple temporarily shuts stores in US and UK as coronavirus cases surge
By Administration _India Capital Sands Apple Inc has temporarily shut all of its 53 stores in California because of a coronavirus outbreak and 16 stores in the United Kingdom following restrictions introduced by the government in London, a spokesman said on Saturday. The company said on Friday it was temporarily shutting some stores in California following a surge […]
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Commodity
Oil Down, Rise in COVID-19 Cases Leads to Fuel Demand Worries
By Administrator_ India Capital Sands Oil was down on Friday morning in Asia, with ever-rising numbers of COVID-19 weighing on fuel demand and the U.S. Congress continuing negotiations for a $900 billion economic stimulus bill. Brent oil futures were down 0.23% to $51.38 by 11:02 PM ET (4:02 AM GMT) and WTI futures inched down 0.04% to $48.34. […]
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Economic news
Saudi Arabia plans spending cuts in 2021 as economy recovers
By Administration_ India Capital Sands Saudi Arabia said its spending plans for next year would be expansionary, as it leans more heavily on government-controlled funds to make up for cuts to a finance ministry budget battered by a decline in oil prices and the coronavirus pandemic. The kingdom will stick to its plan to cut spending […]
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International
New York health worker becomes first American to get Covid-19 vaccine
By Administrator_ India Capital Sands An intensive care unit nurse became the first person in New York state to receive the Pfizer/BioNTech Covid-19 vaccine on Monday, marking a pivotal turn in the US effort to control the deadly virus. Sandra Lindsay, who has treated some of the sickest Covid-19 patients for months, was given the vaccine at […]
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Coronavirus News
First batch of Pfizer/BioNTech COVID-19 vaccines arrives in Canada
By Administrator_ India Capital Sands The first COVID-19 vaccines landed on Canadian soil on Sunday, Prime Minister Justin Trudeau said, and some Canadians are expected to roll up their sleeves for a shot as soon as Monday. Canada and the United States are set this week to become the first Western nations after the UK […]
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Market
NSE to launch derivatives contracts on Nifty Financial Services index
By Administrator_ India Capital Sands The NSE on Thursday said it will launch derivatives contracts on the Nifty Financial Services index. This will be only the third equity index to have futures and options contracts. At present, NSE offers derivatives contracts for the benchmark Nifty50 and the Bank Nifty index. The Nifty Financial Services comprises 20 stocks, mainly banks, non-banking financial companies and insurance […]
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India
PM Narendra Modi to lay foundation stone for new Parliament building today
By Administrator_ India Capital Sands Prime Minister Narendra Modi will lay foundation stone of the new Parliament building in New Delhi today. The new structure will be constructed close to the existing building under the Central Vista redevelopment project. In attendance Lok Sabha Speaker Om Birla, Rajya Sabha Deputy Chairman Harivansh Narayan Singh, union ministers […]
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Market
Burger King IPO’s share allotment to be finalised today
By Administrator_ India Capital Sands The initial public offering (IPO) of Burger King India received an overwhelming response from the retail investors. Burger King received 15.54 times subscription from retail investors on the very first day, while Happiest Minds received 14.6 times and Chemcon Speciality Chemicals received 9.8 times. Burger Kings’ Rs 810-crore issue was […]
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Market
Sensex, Nifty end at new all-time high for third day amid vaccine optimism
By Administrator_ India Capital Sands The benchmark indices advanced for the fifth straight day on Monday, led by gains in consumer goods and banking stocks amid optimism around the progress in Covid vaccines. Both Sensex and Nifty ended at a new all-time high for the third day. The Sensex rose 347 points, or 0.77 per […]
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India
Some Auto, Taxi Unions In Delhi To Join Farmer Protests On December 8
By Administrator _ India Capital Sands Farmers listen to a speaker during a protest against the newly passed farm bills at Singhu border near Delhi, December 5. Commuters may face problems as some auto and taxi unions in the city have decided to join ”Bharat Bandh” on December 8 called by farmer unions protesting against […]
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India
Delhi High Court Clarifies Regulations 6,9 Of Central Bank FEMA Regulations 2004
By Administrator_ India Capital Sands The Delhi High Court on Friday passed a detailed judgement which clarified Regulation 6 and 9 of the RBI FEMA Regulations 2004 while disposing of Jindal Steel and Power Ltd petition and upholds transfer of money by it to a foreign subsidiary. Court also asked the Petitioner firm to ensure […]
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Economic news
India’s exports fell 9% in Nov, in second straight month of decline
By Administrator_ India Capital Sands India’s exports reduced by 9.07 per cent in November, in a second straight month of decline, as major markets continued to be impacted by Covid-19. The outbound shipment in November this year stood at $23.43 billion, against $25.77 billion in the same month a year earlier, official data showed today. […]
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Commodity
Oil prices drop on US stock build, delay in OPEC+ meeting
By Administrator_ India Capital Sands Oil prices extended losses on Wednesday, hit by a surprise build in oil inventories in the United States and as OPEC and its allies left markets in limbo by delaying a formal meeting to decide whether to increase output in January. Brent crude oil futures were down by 27 cents, […]
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Market
Sensex, Nifty posts 12% gains in November, yet India lags world markets
By Administrator_ India Capital Sands The benchmark Sensex and the Nifty posted a 12 per cent gain in November, but this was pale in comparison with global peers. On Monday, stocks in Asia (the Indian markets were closed) swung from gains to losses, along with US futures and European equities as investors monitored progress on the path to a coronavirus vaccine […]
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International
EU parliament backs lobster deal and EU-US mini trade pact
By Administrator_ India Capital Sands Thanksgiving just got a little bit better for the Maine lobster industry. The European Union parliament on Thursday approved a mini trade deal with the United States, which includes the elimination of customs duties on U.S. lobster imports. The passage with 638 votes for, 45 against and 11 abstentions was the […]
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International
EU parliament backs lobster deal and EU-US mini trade pact
By Administrator_ India Capital Sands Thanksgiving just got a little bit better for the Maine lobster industry. The European Union parliament on Thursday approved a mini trade deal with the United States, which includes the elimination of customs duties on U.S. lobster imports. The passage with 638 votes for, 45 against and 11 abstentions was the […]
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Business
WHAT TO LOOK FOR IN A FOREX TECHNOLOGY PROVIDER
The online trading industry is not what it used to be. In fact, many would argue that the arena has entirely changed in recent years. Europe in particular has seen a severe tightening in regulation which has dramatically forced brokers to change the way they approach their mode of operation. At the same time, banks […]
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India
Cyclone Nivar aftermath leaves 3 dead, over 1000 trees uprooted in Tamil Nadu
By Administrator_ India Capital Sands At least three people were killed in Tamil Nadu and over 1,000 trees uprooted while some low-lying areas were marooned due to waterlogging following heavy rains on Thursday as severe cyclonic storm Nivar made landfall near Puducherry. In Tamil Nadu, atleast three people were killed in rain-related incidents across the […]
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India
Farmers’ protest: Metro services hit in Delhi, many stations closed
By Administrator_ India Capital Sands In view of a massive protest planned by farmers from Punjab, Haryana, Uttar Pradesh and other parts of the India against the new farm laws of the Centre, Delhi Metro Rail Corporation on Wednesday announced that metro services to several areas of the national capital will remain suspended till 2 […]
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Market
Bitcoin climbs towards all-time high after topping the $19,000 mark
By Administrator_ India Capital Sands Bitcoin moved to within a whisker of its all-time high on Tuesday, after hitting $19,000 for the first time in nearly three years. The world’s most popular cryptocurrency was last up 4.8% at $19,225, just shy of its all-time record of $19,666 hit in December 2017. Bitcoin has gained around 25% in the last two […]
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Market
Sensex, Nifty march higher on Covid-19 vaccine progress news; ONGC rises 6%
By Administrator _India Capital Sands Equity benchmarks made a winning start to the week on Monday as positive results from another Covid-19 vaccine candidate bolstered investor confidence globally. After touching a record intra-day high of 44,271.15, Sensex ended 194.90 points or 0.44 per cent higher at 44,077.15. Similarly, the broader Nifty rose 67.40 points or […]
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Business
Want to Start a Forex Brokerage?
Here is a scholarly research article to give you information that may help you make that decision. Some of the questions are: What is the best location to form a corporation to operate a new Forex business? Where should I get the license? We should say up front that we assist clients in obtaining licenses, […]
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Market
Sensex falls 580 points on weak global cues, Nifty ends at 12772
By Administrator _India Capital Sands The markets received a reality check on Thursday after the unprecedented run-up this month. A sell-off in global markets amid renewed fears of lockdowns to curb the rise in Covid-19 cases dampened investor sentiment and triggered profit taking. The benchmark Sensex closed at 43,600, down 580 points or 1.31 per cent, the sharpest fall […]
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Coronavirus News
Pfizer ends vaccine trial with 95% success rate, to apply for approval soon
By Administrator_ India Capital Sands Final results from Pfizer’s Covid-19 vaccine trial showed its shot had a 95 per cent success rate and two months of safety data, paving the way for the drugmaker to apply for an emergency US authorisation within days, it said on Wednesday. Pfizer said it expected the US FDA vaccine advisory committee […]
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Business
Women interested in online trading market (FX & CFD’s) Why started growing?
Ritu started investing in online trading market during lockdown. Ritu is very busy these days. A 31-year-old woman working in the field of public relations, she has renewed interest in the online trading market, for which she continues to work. Another interesting trend is that young people are coming forward in online trading.Capital Sands Company […]
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Education
Number of Indian students in the US fell to 3-year low in FY20
By Administrator _India Capital Sands With frequent changes in visa norms and the anti-immigration mood during the Donald Trump regime, the number of Indians studying in the US fell to a three-year low at 193,124. According to the latest Open Doors Report on International Educational Exchange (IIE), the number of Indian students studying in American […]
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Market
Domestic indices rise on positive global cues, foreign fund inflows
By Administrator_ India Capital Sands The Sensex defied gravity for the eighth straight session to finish at yet another record high on Wednesday, as positive global cues and robust foreign fund inflows fuelled risk-on sentiment. The government approving a Rs 2-trillion production-linked incentive package for various sectors, also buoyed investors, traders said. After touching its […]
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Commodity
Oil Continues Rise on Vaccine, Stockpile News
By Administrator _India Capital Sands Oil was up on Wednesday morning in Asia, with gains of over 11% in the last two days. Prices have been buoyed by positive COVID-19 vaccine news and encouraging U.S. stockpile data. Brent oil futures rose 0.92% to $44.01 by 11:45 PM ET (3:45 AM GMT) and WTI futures jumped 1.06% to $41.80. […]
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Coronavirus News
Brazil suspends Sinovac COVID-19 vaccine trial due to adverse event
By Administrator_ India Capital Sands Brazil’s health regulator has suspended a clinical trial for China’s Sinovac coronavirus vaccine citing a severe adverse event, surprising the trial organisers who countered there had been a death but it was unrelated to the vaccine. The health regulator, Anvisa, said on Monday the event took place on Oct. 29 […]
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International
Biden admin likely to provide US citizenship to over 500,000 Indians
By Administrator _ India Capital Sands US President-elect Joe Biden will work towards providing a roadmap to American citizenship for nearly 11 million undocumented immigrants, including over 500,000 from India, and will also establish a minimum admission number of 95,000 refugees annually. As a largely immigrant community, but in some cases with American roots reaching back generations, Indian-Americans know […]
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International
Biden closes in on victory in US polls; Trump demands ‘stop the count’
By Administrator_ India Capital Sands Joe Biden stood on the brink of claiming the US presidency from Donald Trump on Thursday, with a handful of states expecting to complete their vote counts despite Republicans opening legal fights to stop counting in at least two states. Biden held 264 Electoral College votes out of the 270 needed to win […]
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Health
Condition of air pollution in Delhi very bad, dense smog shadow in many areas of the capital
By Administrator_ India Capital Sands With a rise in the number of pollutants in Delhi, its air quality remains in ‘very poor’ category as Air Quality Index levels were at 333 as recorded by System of Air Quality and Weather Forecasting And Research (SAFAR) on Thursday morning. As per the System of Air Quality and […]
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Business
About Forex and It’s Business by HND Ventures
Forex is one of the fastest-growing areas for new traders to get started. The main reason for this is the low entry-level (only a few hundred dollars for mini accounts) and that it is fairly straightforward to trade. The word FOREX is derived from Foreign Exchange and is the largest financial market in the world. Forex is […]
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Forex Analysis
Dollar Up, no Big Moves Ahead of U.S. Election
By Administrator_ India Capital Sands The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched up 0.05% to 94.093 by 11:17 PM ET (3:17 AM GMT). The dollar held onto gains from the previous week, seeing its largest weekly percentage rise since late September during the previous session as investors cautiously turned […]
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Business
Start Your Own Forex Brokerage Business with HND ventures White label Solutions.
HND Ventures Limited is the company providing IT and business-related solutions across the world. Now we are IT, ITES, Fintech, and BPM solutions firm with offices in UK and India At HND, we make every effort to provide excellent turnkey solutions and Market 24365 platforms. With us, forex brokers can expand their technological needs, necessary to attract new clients, surpass competitors, and […]
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Business
TRANSPARENT REGULATION & FOREX LICENSE CONSULTING by HND ventures LLC
With HND Ventures LLC, you have a whole team of experts backing you up so you can successfully acquire your Forex license. We will explain the necessary regulatory requirements, assist you in drafting your business plans and manuals, properly follow the entire process, and engage in the necessary tasks for you to operate your forex business […]
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Business
HOW TO START A FOREX TRADING BUSINESS?
With nearly 6 trillion dollars in volume traded on a daily basis, the market for online foreign exchange (forex) trading and speculation is by far one of the fastest growing in the world. Due to breakthroughs in technology, it’s now easier than ever to participate in this industry’s rapid growth. Unlike a brick and mortar […]
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Forex Analysis
Dollar Down, U.S.-China Tensions Rise
By Administrator_ India Capital Sands The U.S. Dollar Index, which tracks the greenback against a basket of other currencies, edged down 0.11% to 92.942 by 10:31 AM ET (2:31 AM GMT). On the COVID-19 front, the U.S., Russia and France all set new records for the number of daily COVID-19 cases. There are over 43.4 million […]
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International
US Election 2020: It’s not how you talk about friends: Biden on Trump calling India ‘filthy’
By Administrator_ India Capital Sands Slamming President Donald Trump for his comment on India’s air pollution, former vice president and Democratic Party’s presidential nominee Joe Biden on Saturday said he and his running mate Kamala Harris deeply value America’s partnership with India. President Trump called India ‘filthy’. It’s not how you talk about friends and […]
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Business
Trading Platform
Starting your own Forex, CFDs and Binaries Brokerage with HND Ventures Ltd. Private Label Solution
HND Ventures Ltd. is the ideal one-stop-shop where brokers can find everything they need from A to Z to start their own independent Forex brokerage. Providing all services, from technology to company incorporation, from website design to payment processing, the entire HND team assists with successfully streamlining all processes for the broker from every angle. […]
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Economic news
PM Modi to meet 15 global funds to promote investment, assess views on reforms in the country
By Administrator_ India Capital Sands Prime Minister Narendra Modi would be meeting 15 global funds to promote investments and to assess their views on reforms that are required to attract long-term capital into the country. The meeting would focus on investment in capital-starved sectors like infrastructure. “Fund houses from all over the world are in touch with us […]
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Economy News
Modi to meet 15 global funds as India seeks investment to lift economy
By Administrator _India Capital Sands Prime Minister Narendra Modi is set to meet 15 of the world’s largest funds to promote investments in capital-starved sectors like infrastructure. The main purpose of the meeting is to assess their views on reforms that are required to attract long-term capital into the country. The development comes at a time when […]
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Commodity
Oil prices decline with OPEC+ warning of precarious market outlook
By Administrator _ India Capital Sands Oil extended declines as Opec+ warned of a precarious outlook for the market while a resurgent virus hits consumption. Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman, speaking at the coalition’s committee meeting on Monday, called on the group to be proactive in the face of uncertain demand. The […]
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Coronavirus News
Pollution may increase virus transmissibility making people more vulnerable to COVID-19, say experts
By Administrator_ India Capital Sands Air pollution may increase transmissibility of the novel coronavirus making people more vulnerable to the disease and aggravating the COVID-19 situation, experts have said, while warning that those who have had the infection in the past may also have to face new challenges. With winters approaching and easing of the […]
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International
Singapore and Hong Kong agree on bilateral travel bubble
By Administrator _ India Capital Sands Singapore and Hong Kong have agreed on a bilateral air travel bubble, which will exempt travellers from the mandatory quarantine upon arrival, as the rate of coronavirus infection declines in both cities Travellers under the bubble will not be subject to mandatory quarantining, the MOT release said, adding that there will be no restrictions on travel […]
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Market
Asian Stocks Down Over “Ongoing Drama” of U.S. Stimulus Woes
By Administrator_ India Capital Sands The Shanghai Composite inched down 0.08% at 11:05 PM ET (3:05 AM GMT) and Shenzhen’s SZSE Composite edged down 0.14%. Asian Pacific markets were mostly down on Thursday morning, with U.S. COVID-19 stimulus looking increasingly unlikely before their elections and the rapid spread of COVID-19, especially in Europe. Increased U.S.-China tension is […]
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Market
Asian Stocks Down on Vaccine Troubles, U.S. Stimulus Fears
By Administrator_ India Capital Sands Asia Pacific stocks were mostly down on Wednesday morning after two major U.S. COVID-19 treatment trials were paused over patient safety concerns. Also hampering stocks is the ongoing lack of action on U.S. COVID-19 stimulus plans, with any action looking increasingly likely to be put off until after the U.S. […]
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Economic news
Food prices push retail inflation to 8-month high of 7.34% in Sept
By Administrator_ India Capital Sands Pushed up by the double-digit food inflation, the retail price inflation rate rose to an eight-month high of 7.34 per cent in September from 6.69 per cent in August. This was the sixth consecutive month that the inflation rate remained above the Reserve Bank of India’s (RBI’s) comfort zone of 6 per cent. As […]
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Economic news
Covid-19 lockdown and taxes eat away at diesel’s edge over petrol in India
By Administrator_ India Capital Sands For decades, diesel has underpinned India’s economic growth and the fortunes of its refiners, but the pandemic has caused the nation’s most consumed fuel to lose some of its luster. Since Covid-19-lockdowns have eased across India, diesel consumption has trailed the rebound in gasoline with trucks remaining idle amid a softer economy. Motor fuel […]
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POLITICAL NEWS
Ram Vilas Paswan: The man who predicted which side the political wind blew
By Administrator_ India Capital Sands In Union Minister Ram Vilas Paswan’s death, the country has lost a mausam vaigyanik or ‘weather vane’ of politics. Perhaps no other leader was able to successfully predict the directions of political winds before taking the future course of action, like he was. Among the first to condole the death was Paswan’s friend-turned-adversary Lalu […]
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Education
NCERT textbooks to be available in Indian sign language
By Administrator_ India Capital Sands The National Council of Educational Research and Training (NCERT) signed an MoU with the Indian Sign Language Research and Training Centre (ISLRTC) on Tuesday to make textbooks and other educational material accessible for deaf children in sign language. “The availability of NCERT textbooks in Indian Sign Language (ISL) will ensure […]
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Market
Stocks in focus on October 5, 2020
By Administrator_ India Capital Sands The BSE, the NSE, forex, money and bullion markets were closed on Friday on account of Gandhi Jayanti. The Sensex vaulted 629 points while the Nifty recaptured the 11,400-mark on Thursday as positive macroeconomic data. The 30-share BSE Sensex soared 629.12 points or 1.65 per cent to close at 38,697.05, […]
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Health
India tries to beat the pandemic, the health-startup way!
By Administrator_India Capital Sands As the long-standing COVID-19 pandemic shows no signs of abating, healthy living has assumed massive significance the world over. Now, Indian health tech startups are reaping the benefits of growing awareness among Indians as more take to working out at home. Digital platforms are not only seeing increased traction but are […]
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Economic news
China Lets Traders Push Yuan Toward Best Quarter on Record
By Administrator_India Capital Sands The yuan has strengthened 4.2% since the end of June to 6.772 per dollar, set for the biggest ever quarterly gain in Bloomberg data going back to 1981. The currency is the best performer in Asia in the third quarter, with the buying momentum being close to the strongest since January. […]
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International
Japan’s Yoshihide Suga wins ruling party race to replace premier Shinzo Abe
By Administrator_India Capital Sands Japanese Chief Cabinet Secretary Yoshihide Suga was elected leader of the ruling Liberal Democratic Party by an overwhelming majority, ushering in the country’s first change of prime minister in almost eight years. The party, which has ruled mostly uninterrupted since 1955, was set to use its parliamentary majority to install Suga as prime […]
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Coronavirus News
India records 92,070 COVID-19 cases and 1,136 deaths in a single-day; tally crosses 48-lakh mark
By Administrator_India Capital Sands India on Monday registered a record 92,070 coronavirus cases in 24 hours taking the total number of infections to over 48 lakh, according to the Union Ministry of Health and Family Welfare. The country also recorded 1,136 deaths in the last 24 hours, the cumulative toll reached 79,722. The total case […]
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Economy News
SBI, HDFC, ICICI Bank see surge in suspicious transactions during COVID-19
By Administrator_India Capital Sands Top banks in India have reported a surge in suspicious transactions by companies in cash and overseas transfers since COVID-19. State Bank of India, Bank of Baroda, ICICI Bank, and HDFC Bank have started red-flagging such transactions that defy traditional company patterns. Banks are keeping an eye on companies that have […]
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Forex Analysis
Dollar Down With Investors Looking to Thursday’s ECB Meeting
By Administrator_India Capital Sands The dollar was down on Thursday morning in Asia, ahead of the ECB meeting taking place later in the day. The U.S. Dollar Index that tracks the greenback against a basket of other currencies edged down 0.10% to 93.165 by 11:54 PM ET (4:54 AM GMT). The euro held onto gains against the […]
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Commodity
Oil glut trade on brink of a return; Brent crude falls below $40
By Administrator_India Capital Sands The combination of a stalling Asian demand recovery, the end of the US summer driving season, and increased supply from the Opec+ alliance are signaling a bleak short-term outlook for oil prices. The global Brent crude benchmark is currently trading quite deeply in a bearish pattern known contango, where the most immediate […]
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Coronavirus News
India records 75,809 COVID cases, 1,133 deaths in a single-day; tally nears 43 lakh-mark
By Administrator_India Capital Sands India on Tuesday recorded as many as 75,809 new coronavirus cases, taking the national caseload near 43-lakh mark, according to the Union Ministry of Health and Family Welfare. With 1,133 more deaths in the last 24 hours, the cumulative toll reached 72,775. The total case tally stands at 42,80,422 including 8,83,697active […]
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Market
Stocks in focus on September 7, 2020
By Administrator_India Capital Sands Markets ended with deep cuts on Friday tracking losses in index heavyweights amid a global selloff. The BSE Sensex tanked 633.76 points or 1.63 per cent to close at at 38,357.18 while the NSE Nifty plunged 193.60 points or 1.68 per cent to close at 11,333.85. BPCL : The government will […]
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Market
Sensex tanks 626 points, Nifty slides below 11,400
New Delhi: Markets opened with deep cuts on Friday in tandem with global stocks. The BSE Sensex tanked 625.93 points or 1.61 percent to 38,365.01 in early trade while the NSE Nifty fell 173.05 points or 1.50 percent to 11,354.40. All the indices in the Sensex pack were trading in the red. Banking and financials […]
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Forex Analysis
Dollar bounce holds as traders trim short bets
By Administrator_India Capital Sands The bounce has lifted the greenback about 1% above the 28-month low it hit against a basket of currencies on Tuesday and brought its first back-to-back daily gains since June. Few analysts expect it to hold for too long but it was steady in morning trade, inching about 0.1% firmer on […]
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Economic news
Supreme Court to decide on moratorium interest waiver issue today
By Administrator_India Capital Sands The Centre and the RBI informed the Supreme Court on Tuesday that the moratorium on repayment of loans must be extendable to two years under certain conditions. And, the sectors most distressed by the economic slowdown are being identified. The apex court said it would hear the matter again and decide on […]
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POLITICAL NEWS
Japan’s ruling LDP to hold leadership vote on Sept 14 to pick Abe successor
By Administrator_India Capital Sands The leader of the Liberal Democratic Party will almost certainly become prime minister because of its majority in the lower house of parliament, replacing Shinzo Abe who on Friday said he was stepping down for health reasons. Public broadcaster NHK said the contest was likely to place around September 13 to 15. […]
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India
POLITICAL NEWS
Unlock 4.0: Delhi Metro receives nod to resume services from September 7
By Administrator_India Capital Sands The Ministry of Home Affairs (MHA) on August 29 gave the go-ahead for reopening of metro rail services with effect from September. The Metro rail will be allowed to operate with effect from September 7 in a graded manner, the Unlock 4 guidelines issued by the MHA said. Chief Minister Arvind […]
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FED
Fed's Powell calls
Treasury yields, dollar gain after Fed’s historic policy shift
By Administrator_India Capital Sands Longer-dated Treasury yields and the dollar rose in Asia on Friday after the U.S. Federal Reserve shifted its policy framework to place more emphasis on boosting economic growth and less on worries about letting inflation run too high. The 10-year U.S. Treasury yield rose to 0.7870%, the highest since June 10, which caused […]
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Covid-19
India
Maharashtra government slashes stamp duty to 2% until Dec 2020 to boost demand
By Administrator_India Capital Sands To boost the stagnant real estate market hit by COVID-19, the Maharashtra government on August 26 decided to temporarily reduce stamp duty on housing units from 5 percent to 2 percent until December 31, 2020, sources said. Stamp duty from Jan 1, 2021, until March 31, 2021, will be 3 percent, […]
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India
Sonia Gandhi reaches out to CMs of West Bengal, Maharashtra and Jharkhand on GST compensation issue
By Administrator_India Capital Sands Congress president Sonia Gandhi on August 25 reached out to the chief ministers of West Bengal, Maharashtra and Jharkhand on the issue of compensation to states and would hold a meeting with them for evolving a collective stand at the August 27 GST Council meeting, sources said. They said Gandhi will […]
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Commodiity
Corona hits US
US-China trade optimism to limit XAU/USD’s rebound
By Administrator_India Capital Sands Gold (XAU/USD) started out the week on the back foot and closed Monday below $1930, extending Friday’s weakness. The spot once again failed to sustain above the $1950 level, as the coronavirus vaccine optimism lifted the risk sentiment and dulled the haven appeal of gold. Wall Street closed at record highs while […]
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FED
Fed's Powell calls
Dollar Flat, All Eyes on Fed’s Jackson Hole Meeting on Thursday
By Administrator_India Capital Sands The dollar was flat on Monday morning in Asia, with investors awaiting further guidance on the U.S. monetary policy outlook later in the week. U.S. Federal Reserve Chairman Jerome Powell is widely expected to discuss monetary policy during the Jackson Hole symposium. The two-day event will open on Thursday. Some investors […]
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Technical Analysis
UK Economy
GBP/USD Rallies Despite Ongoing Deadlock in Post-Brexit Talks
By Administrator_India Capital Sands The pound continued its strength against the dollar on Thursday, shrugging off growing concerns that the U.K and EU are unlikely to find a breakthrough on the latest round of post-Brexit talks, which concludes on Friday. GBP/USD rose 0.71% to $1.3192. With the latest U.K.-EU trade talks set to end on Friday, […]
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Business
India
Reliance Communications’ resolution in limbo as DoT raises objection
By Administrator_India Capital Sands The Department of Telecommunications has objected to the resolution plan for Reliance Communications, as well as its unit Reliance Telecom, at the National Company Law Tribunal (NCLT), Mumbai. The NCLT has adjourned its hearing on the resolution plan for the firms till August 21. The Department of Telecommunications will file written submissions by then. […]
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Asian market
Commodity
Asian stocks at seven-month highs after Wall Street cracks more records
By Administrator_India Capital Sands Asian shares climbed to a seven-month peak on Wednesday tracking the S&P 500, which scaled all-time highs driven by ever expanding policy stimulus aimed at cushioning the blow to economies from the coronavirus pandemic. MSCI’s broadest index of Asia-Pacific shares outside of Japan rose 0.3%, up for a third straight day […]
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Business
Commodity Broker
Investors still remain attracted towards precious metals, thanks to US-China trade tensions
By Administrator_India Capital Sands Last week began with gold trading near record high levels, although a few factors along the way started to turn around, including hopes for a COVID-19 vaccine, rise in treasury yields, strong dollar and positive economic data. There are no words which can describe last week’s movement as even “wild swings” […]
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Business
Covid-19
Asia shares move ahead led by China gains
By Administrator_India Capital Sands Asian shares firmed toward recent peaks on Monday as Chinese markets swung higher, while investors waited to see if the recent sell-off in longer-dated U.S. Treasuries would extend and maybe take some pressure off the beleaguered dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.5% to 565.74, moving nearer to […]
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Business
Economic news
China’s retail sales unexpectedly fall as consumer caution prevails
By Administrator_India Capital Sands China’s retail sales slipped in July, dashing expectations for a modest rise, as consumers in the world’s second-largest economy failed to shake off wariness about the coronavirus, while the recovery in the factory sector struggled to gain momentum. Asian markets pulled back on Friday following the disappointing set of economic indicators, […]
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Asian market
Business
Asian stocks grind higher, dollar slips as U.S. data brightens mood
By Administrator_India Capital Sands Asia’s stock markets followed Wall Street higher on Thursday, as investors returned to tech stocks, gold and selling dollars after steady virus figures and a surprising jump in U.S. inflation boosted sentiment. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.2%, and gains in semiconductor makers drove Japan’s Nikkei 1.9% […]
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Asian market
Business
Asian stocks fall on U.S. stimulus uncertainty
By Administrator_India Capital Sands Asian stocks dipped on Wednesday on growing uncertainty over whether the U.S. lawmakers would agree on an additional round of big fiscal stimulus to support an economy still struggling with the novel coronavirus. Hopes of vaccine development, however, prompted some investors to reduce safe-haven assets such as gold and government bonds, […]
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Commodity
Oil Up Over Signs of Recovery in Demand
By Administrator_India Capital Sands Oil was up for a second day in a row Tuesday morning in Asia on signs that demand for fuel may be recovering along with renewed hope of a new stimulus package in the U.S. WTI futures rose 0.79% to $42.27 by 12:07 AM ET (5:07 AM GMT) and Brent Oil Futures rose […]
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Entrepreneur
Entrepreneurship Is All About Overcoming Obstacles
Entrepreneurs are people who dare to go think beyond the obvious and make things happen. Their way of thinking goes beyond the creative ability of their competitors. Businesses which now have a global presence were once small and unassuming. One such example is Arun Kumar Saini (Young Indian Entrepreneur) After dropping out of school began […]
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Asian market
Business
Asian shares fall after Trump takes aim at China tech firms
By Administrator_India Capital Sands Asian shares tumbled on Friday after U.S. President Donald Trump ratcheted up already-heightened tensions with Beijing by banning U.S. transactions with China’s tech giant Tencent as well as ByteDance, the owner of video-sharing app TikTok. MSCI’s broadest index of Asia-Pacific shares outside Japan lost 1% and Hong Kong’s Hang Seng fell 2%. Tencent, […]
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Business
Covid-19
Dollar wallows and stocks inch higher as stimulus eyed
By Administrator_India Capital Sands The dollar languished and just about everything else rose on Thursday, as markets took patchy U.S. economic data as a harbinger of ever more stimulus and brinkmanship on Capitol Hill as a sign that a deal on a new U.S. stimulus package is close. Following Wall Street’s lead, MSCI’s broadest index […]
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Asian market
Economy News
Asia stocks rise as upbeat factory data lifts confidence
By Administrator_India Capital Sands Asian shares rose on Tuesday after strong U.S. manufacturing data and gains in tech stocks helped investors look past broader worries about the coronavirus and global economy. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.9%, while shares in China nudged up 0.1%. Australian stocks gained 2% for the biggest […]
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Business
FED
U.S. Economy Shrinks by Historic 32.9%; Jobless Claims Rise Again
By Administrator_India Capital Sands The U.S. economy contracted by an unprecedented annualised rate of 32.9% in the second quarter, the Commerce Department reported Thursday, the worst decline since the Great Depression as the coronavirus pandemic hammered consumer spending. Economists had forecast a slightly larger decline of 34.1% after a 5% contraction in the first quarter, although […]
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Asian market
Business
Asian stocks rise, dollar languishes near two-year lows on Fed
By Administrator_India Capital Sands Asian stocks were boosted by the promise of ultra-easy monetary policy globally as the U.S. Federal Reserve left interest rates near zero to support the country’s virus-battered economy, sending the dollar to a two-year trough. All Fed members voted to leave the target range for short-term rates between 0% and 0.25%, […]
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Commodity Broker
Economic news
Hike in Gold Price Slows, Still Near Record Highs
By Administrator_India Capital Sands Gold hovered around record highs on Wednesday morning in Asia as the US dollar remained weak and debate continued in the U.S. over the next COVID-related stimulus package. Gold futures gained 0.05% to $1,945.60, lower than the $1,968.00 level hit on Tuesday, suggesting that the relentless climb in the price of […]
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Trading Platform
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Trading Platform
Best Day Trading Platforms for 2020
Day Trading, which is buying and selling shares during the same trading session, exploded in popularity back in the booming stock market of the 1990s. Everyone was trying to get in and out of securities and make a profit on an intraday basis. After the dot-com market crash in 2000, the SEC and FINRA established the “Pattern […]
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Commodiity
Covid-19
Oil Holds Near $41 Amid Concerns About U.S. Demand Recovery
By Administrator_India Capital Sands Oil held losses near $41 a barrel in New York as signs of weakness in the U.S. labor market cast doubt on the strength of the demand recovery in the world’s biggest crude consumer. The first increase in jobless claims since March comes as lawmakers negotiate another virus relief package, while […]
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FED
Forex Analysis
Dollar finds footing as Sino-U.S. tensions escalate
By Administrator_India Capital Sands The dollar crept off milestone lows against other majors on Thursday, and held on to gains against the yuan, as heightened Sino-U.S. tension put a bit of caution into currency markets. China has vowed to respond and the escalation in tension between the world’s two largest economies sent the yuan on […]
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Asian market
Business
Euro stands tall as investors bet recovery hampers dollar, stocks up
By Administrator_India Capital Sands The euro stood at an 18-month high, silver soared and commodities forged ahead on Wednesday, as economic recovery hopes drove bets on rebounding world demand and a falling U.S. dollar. Stock markets in Asia ground higher, except in Australia where a surge in coronavirus infections put pressure on bank and travel […]
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Commodiity
Economic news
Gold hovers near nine-year high as virus fears drive safe-haven demand
By Administrator_India Capital Sands Gold rose on Tuesday, hovering near a nine-year peak hit in the last session, as worries over a spike in COVID-19 cases and expectations for inflation from more economic stimulus measures boosted demand for the safe-haven metal. Spot gold was up 0.1% at $1,817.23 per ounce, after hitting its highest since […]
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Asian market
Business
Asian shares stumble ahead of EU Summit, U.S. stimulus talks
By Administrator_India Capital Sands Asian shares were downbeat on Monday with oil and copper also soft, as a spike in global coronavirus cases hung over markets awaiting efforts from the euro zone and United States to stitch together fiscal stimulus plans to fight the pandemic. MSCI’s broadest index of Asia-Pacific shares outside Japan slipped 0.2%, reversing early […]
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FED
Forex Analysis
Dollar Up, Boosted by Ever-Rising COVID-19 Numbers and Souring U.S-China Relations
By Administrator_India Capital Sands The dollar was up on Friday morning in Asia, with investors turning to the safe-haven asset as the number of COVID-19 cases continue to be smash records. The U.S. recorded at least 75,000 cases over a 24-hour period on Thursday, and Brazil surpassed the 2 million mark the same day. The […]
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POLITICAL NEWS
U.S. Economy
Trump replaces campaign manager amid slide in opinion polls
By Administrator_India Capital Sands President Donald Trump demoted his longtime campaign manager on Wednesday, a move aimed at shoring up his re-election bid as he trails Democratic candidate Joe Biden in opinion polls less than four months before the Nov. 3 vote. In a Facebook post, Trump said campaign manager Brad Parscale would be replaced by […]
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Asian market
Business
Asian markets, risk assets ride up on vaccine hopes
By Administrator_India Capital Sands Asian shares jumped on Wednesday as optimism about a coronavirus vaccine bolstered risk appetite while the euro rose to a four-month top on the prospect of stimulus ahead of a crucial EU summit. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.2%, edging closer to a recent five-month peak. Japan’s Nikkei […]
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Asian market
Covid-19
Asian markets dip as virus and Sino-U.S. tensions flare
By Administrator_India Capital Sands Asian stock markets slipped on Tuesday, oil sagged and a safety bid supported the dollar as simmering Sino-U.S. tensions and fresh coronavirus restrictions in California kept a lid on investor optimism as earnings season gets underway. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1.2%. Japan’s Nikkei retreated from a one-month high […]
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Asian market
Business
Asian shares extend rally, U.S. earnings to test optimism
By Administrator_India Capital Sands Asian shares crept toward five-month peaks on Monday as investors wagered the U.S. earnings season would see most companies beat forecasts given expectations had been lowered so far by coronavirus lockdowns. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.15%, having climbed sharply last week on the back of surging […]
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Asian market
Business
Asian stocks fall on virus worry, China stock rally pauses
By Administrator_India Capital Sands Asian shares and U.S. stock futures fell on Friday as record-breaking new coronavirus cases in several U.S. states stoked concerns that new lockdowns could derail an economic recovery, while investors looked forward to earnings season. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.76%. Australian stocks dropped 0.42%, while Japanese […]
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Covid-19
FED
Dollar eyes multi-week lows as risk assets rally
By Administrator_India Capital Sands The dollar nursed losses against most currencies on Thursday as a rally in riskier assets such as global equities and commodities put a dent in safe-haven demand for the U.S. currency. Traders in Asia are focused on whether China’s yuan can extend gains against the greenback as investors of all stripes shift funds […]
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Covid-19
WHO
WHO acknowledges ‘evidence emerging’ of airborne spread of COVID-19
By Administrator_India Capital Sands The World Health Organization on Tuesday acknowledged “evidence emerging” of the airborne spread of the novel coronavirus, after a group of scientists urged the global body to update its guidance on how the respiratory disease passes between people. The WHO has previously said the virus that causes the COVID-19 respiratory disease […]
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Asian market
Business
Asian shares hit speed bump, China extends sharp rally
By Administrator_India Capital Sands Asian shares paused for breath on Tuesday following a surge sparked by speculation Beijing is trying to orchestrate a major domestic bull run to support an economy hit by the coronavirus and a standoff with Washington. MSCI’s broadest index of Asia-Pacific shares outside Japan was last down 0.25%, a seemingly inevitable […]
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Business
Economic news
Sensex, Nifty near four-month highs as HDFC Bank jumps
By Administrator_India Capital Sands Indian shares rose for a fourth straight session on Monday, as HDFC Bank Ltd gained after reporting strong loan growth and hopes of a recovery in the global economy pushed stock markets across Asia higher. The Nifty rose 0.98% to 10,711.05, while the Sensex was up 0.82% at 36,315.69, both trading […]
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Economic news
India
Indian shares hit near four-month highs, Reliance rises on Intel investment
By Administrator_India Capital Sands Indian shares scaled near four-month highs on Friday, as upbeat data from the United States and China outweighed concerns about surging domestic cases of the novel coronavirus, while Reliance Industries climbed after Intel invested in its digital unit. The benchmark indexes rose for a third day, with the Nifty rising 0.39% […]
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Commodiity
Economic news
Gold Down Over Hopes For a COVID-19 Vaccine
By Administrator_India Capital Sands Gold was down on Thursday morning in Asia, with investor sentiment boosted by positive results from yet another potential COVID-19 vaccine. U.S. pharmaceutical company Pfizer announced the results from the early stage human trial for BNT162b1, its mRNA candidate jointly developed with German biotech firm BioNTech, on Wednesday. The results showed […]
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Commodiity
Economic news
Oil rises after drop in U.S. crude stocks suggests demand pickup
By Administrator_India Capital Sands Oil prices rose more than 1% on Wednesday after data showed crude inventories in the United States fell much more than expected, suggesting demand is improving even as the coronavirus outbreak spreads around the world. Brent crude rose 48 cents, or 1.2%, to $41.75 a barrel after declining more than 1% […]
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Economic news
Forex Analysis
Dollar Retreats, With Investors Balancing Positive Chinese Data with Ever Increasing COVID-19 Numbers
By Administrator_India Capital Sands The dollar retreated on Tuesday morning in Asia, giving up it gains from the last session as investors balance positive trade data with increasing COVID-19 figures. China reported a higher-than-expected manufacturing Purchasing Manager’s Index of 50.9 earlier in the day. Meanwhile, COVID-19 continues its rampage, with over 10.2 million cases as of June […]
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University
Higher Education University Rankings 2020: Capital University, Jharkhand ranks 64th, notches up from 68th position of last year
New Delhi : CapitalUniversity India has ranked 64th in the 2020 Higher Education University Rankings. Last year, CUJ was 68th and it has moved 04 notches up this year. It is second amongst the Indian Universities. THE’s 2020 University Rankings reveal the best universities under 50 years old, assessing them across teaching, research, international outlook and their work with […]
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Business
Covid-19
Indian capital readies vast quarantine centre as coronavirus cases mount
By Administrator_India Capital Sands Authorities in New Delhi worked to convert a spiritual centre into a huge quarantine facility on Thursday as novel coronavirus cases in the Indian capital overtook the financial hub Mumbai for the first time. Delhi now has 70,390 coronavirus cases, with more than 40,000 detected in the last two weeks. That […]
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Covid-19
Economic news
Sensex, Nifty fall on dour IMF outlook, virus fears
By Administrator_India Capital Sands Indian stocks fell on Thursday after the International Monetary Fund steeply cut its growth outlook for the country and forecast a deeper global recession, with a surge in coronavirus cases also spooking investors. The IMF predicted Indian economy to contract by 4.5% following a longer lockdown period and slower recovery than […]
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International
India says it may allow some foreign flights to resume after U.S. criticism
By Administrator_India Capital Sands India’s ministry of civil aviation said on Tuesday it was considering allowing some international carrier flights to resume after Washington accused India of “unfair and discriminatory practices.” The Indian ministry said in a statement posted on Twitter that as “we move from controlled and managed aviation evacuation of our citizens in […]
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Asian market
Economic news
Asian stocks swing wildly on U.S.-China trade deal mix-up
By Administrator_India Capital Sands Asian shares see-sawed in a wild ride on Tuesday following confusing statements from the White House over the U.S.-China trade deal, with President Donald Trump later clarifying the pact was “fully intact.” Trump’s tweet bolstered market sentiment, helping e-minis for the S&P 500 swing back to positive territory. Asian shares were […]
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Asian market
Corona hits US
Stocks try to shake off second wave virus fears
By Administrator_India Capital Sands U.S. stock futures erased losses and Asian stocks held flat on Monday, trying to shake off worries that rising coronavirus cases in the United States could scupper a quick economic rebound from the massive downturn triggered by the pandemic. U.S. S&P 500 futures rose 0.4%, having erased early losses of 1.05% […]
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Commodiity
Commodity Broker
Gold Up Over Rising COVID-19 Cases and U.S.-China Tensions
By Administrator_India Capital Sands Gold was up on Friday morning in Asia, amid a rising number of COViD-19 cases in China and the U.S. as well as rising U.S.-China tensions. Beijing reported 25 new COVID-19 cases on Thursday, with the number of cases linked to an outbreak in the Xinfadi market now standing at almost […]
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Asian market
Economy News
Global stocks retreat on rising second wave fears
By Administrator_India Capital Sands Asian stocks and Wall Street futures fell on Thursday as spiking coronavirus cases in some U.S. states and China crushed hopes of a quick global economic comeback from the pandemic. S&P 500 mini futures fell 1.2% in early Asian trade while MSCI’s broadest index of Asia-Pacific shares outside Japan lost as much […]
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Commodity
Covid-19
Gold Down Over Record Jump in U.S. Retail Sales Data and Potential COVID-19 Cure
By Administrator_India Capital Sands Gold was down on Wednesday morning in Asia, with the yellow metal stemmed by positive U.S. retail sales data and mounting COVID-19 and geopolitical fears. Gold futures fell by 0.13% at $1,734.20. Stocks, which usually move in the opposite direction to gold, were mostly down on Wednesday. The U.S.’ announcement of […]
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Business
Bank of Japan holds fire, pledges $1 trillion to struggling firms
By Administrator_India Capital Sands The Bank of Japan kept monetary settings steady on Tuesday and stuck to its view that the economy will gradually recover from the coronavirus pandemic, signalling that it has taken enough steps to support growth for now. However, it increased the nominal size of its lending packages for cash-strapped firms to […]
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Asian market
Commodity
Asian stocks, oil fall as second wave fears grow
By Administrator_India Capital Sands Asian shares stumbled on Monday and oil prices slipped as fears of a second wave of coronavirus infections in Beijing sent investors scurrying for safe-havens while underwhelming data from China further weighed on sentiment. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.3% with Australian shares off 0.1% and […]
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Asian market
Covid-19
Asian stocks set to fall sharply as Wall Street tumbles
By Administrator_India Capital Sands Asian equities are set to fall sharply on Friday after Wall Street stocks and oil tumbled over growing concerns that a resurgence of coronavirus infections could stunt the pace of reopening economies. The three major U.S. stock indexes fell more than 5%, posting their worst day since mid-March when markets were […]
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Asian market
FED
Asia stocks set to fall on Fed’s dour outlook
By Administrator_India Capital Sands Asian stocks were set to fall on Thursday after gloomy economic projections from the U.S. Federal Reserve sent the greenback and most Wall Street shares lower. Fed officials at their policy meeting on Wednesday said U.S. gross domestic product is expected to decline 6.5% this year. They also flagged the need […]
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Asian market
Business
Asian shares creep higher as markets wait for Fed
By Administrator_India Capital Sands Asian stock markets eked out a 10th consecutive session of gains on Wednesday, but momentum ebbed as doubts about the global recovery from the pandemic returned ahead of the U.S. Federal Reserve meeting. The sideways move in equities cap two weeks of stock market gains, turbocharged by Friday’s data showing a […]
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Stocks
Asia stocks extend rally as economic recovery hopes boost confidence
By Administrator_India Capital Sands Asian stocks rallied for their ninth straight day on Tuesday and oil prices jumped as the lifting of coronavirus lockdowns in many countries fed investor hopes of a relatively quick global economic recovery. Markets have been particularly encouraged by a May U.S. jobs report last week that showed a surprise fall […]
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Economic news
FED
World shares advance on surprise U.S. job recovery
By Administrator_India Capital Sands U.S. stock futures and Asian shares advanced on Monday after a surprise recovery in U.S. employment gave further confidence of a quick economic recovery after many weeks of lockdowns aimed at controlling the coronavirus pandemic. U.S. S&P500 futures rose 0.5% to stand near their highest levels since late February while Japan’s Nikkei opened […]
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Certification
Get ISO Certification – ISO-56002 ISO-30401 ISO-27001 ISO 9001 – Quick & Easy Certification
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BOJ
Covid-19
Japan’s household spending falls at record pace as virus stalls economy
By Administrator_India Capital Sands Japan’s household spending fell at the fastest pace on record in April as the coronavirus shut down travel and dining-out in the world’s third-largest economy, and prospects of higher job losses chilled consumer sentiment. The dismal number will keep policymakers under pressure to prevent a larger decline in the economy, which […]
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Asian market
Covid-19
Asian shares hit two-month high as economic optimism spreads
By Administrator_India Capital Sands Asian shares rose to a two-month high on Thursday as government stimulus expectations supported investor confidence in economic recovery from the global coronavirus pandemic. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.4%, earlier touching the highest since March 9. Shares in Australia rose 0.66% after the country’s prime minister […]
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Asian market
Economic news
Asian stocks jump to 3-month high as recovery hopes outweigh looming risks
By Administrator_India Capital Sands Asian shares vaulted to a nearly three-month high on Wednesday as hopes of more stimulus and a further easing in social restrictions around the world outweighed caution over a host of worries from the coronavirus to growing U.S. civil unrest. MSCI’s broadest index of Asia-Pacific shares outside Japan gained 1.3%, extending […]
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Economic news
U.S. Protest Fears
Dollar Up Over Rising U.S-China Tensions and U.S. Protest Fears
By Administrator_India Capital Sands The dollar was up on Tuesday morning in Asia, with investors turning to the safe-haven asset even amid optimism over the global economic recovery from the COVID-19 virus. The U.S. Dollar Index that tracks the greenback against a basket of other currencies gained 0.06% to 97.875. In the latest retaliation between the […]
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Trading with Capital Sands
Capital Sands – Successful Broker in a short span of time.
By Administrator_India Capital Sands is a broker that provides financial products for currency, precious metals, CFD, and stock trading. Capital Sands operates globally with the majority of clients located in Southeast Asia, East Asia, the Middle East, Latin America, and Europe. Capital Sands Broker has a successful broker in a short span of time with […]
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Asian market
Covid-19
Asian stocks slip as markets await Trump’s Hong Kong response
By Administrator_India Capital Sands Asia’s stock markets pulled back and major currencies were held in check on Friday, as investors await the U.S. response to China tightening control over the city of Hong Kong. China’s parliament on Thursday pressed ahead with national security legislation for the city, raising fears over the future of its democratic […]
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BOJ
Economy News
Japan eyes fresh $1.1 trillion stimulus to combat pandemic pain
By Administrator_India Capital Sands Japan will compile a fresh stimulus package worth $1.1 trillion that will include a sizable amount of direct spending to cushion the economic blow from the coronavirus pandemic, a draft of the budget obtained by Analyst showed on Wednesday. The stimulus, which will be funded partly by a second extra budget, […]
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BOJ
Covid-19
Japan shares hit 10-week peak, S&P 500 tests 3,000
By Administrator_India Capital Sands Asian shares forged ahead on Tuesday while U.S. stock futures challenged a major chart barrier as investors looked past Sino-U.S. trade tensions to more stimulus in China and a re-opening world economy. Japan’s Nikkei led the way with a rise of 2% to its highest since early March when the economic impact […]
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Covid-19
POLITICAL NEWS
U.S. limits travel from Brazil amid worsening coronavirus outbreak
By Administrator_India Capital Sands The White House on Sunday said it was restricting travel from Brazil to the United States, two days after the South American nation became the world’s No. 2 hotspot for coronavirus cases. The travel ban was a blow to right-wing Brazilian President Jair Bolsonaro, who has followed the example of U.S. […]
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Asian market
Market
Hong Kong leads Asian shares lower as Beijing readies new security law
By Administrator_India Capital Sands Hong Kong shares tumbled on Friday after Beijing moved to impose a new security law on the city after last year’s pro-democracy unrest, risking fresh protests and further straining fast-deteriorating U.S.-China ties. Hong Kong’s Hang Seng index fell 3.7% to a seven-week low, helping to pull down the MSCI broadest index […]
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Market
Asia shares set for early gains as focus swings to recovery
By Administrator_India Capital Sands Asian shares were poised to open higher on Thursday after global equities and crude prices rallied overnight on hopes of a rapid economic recovery and government support. Hong Kong futures edged higher. Nikkei futures were trading above the Nikkei 225 index’s previous close. Australian shares were also set to rise. Global […]
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Asian market
Covid-19
Asian stocks adrift as vaccine rally falters
By Administrator_India Capital Sands Asian stocks struggled to extend the week’s rally on Wednesday and gold and bonds firmed as a skeptical press report dented some hopes for a COVID-19 vaccine and concerns about bumps in the global recovery from the pandemic returned. MSCI’s broadest index of Asia-Pacific shares outside Japan was flat. The risk-sensitive […]
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