Month: April 2021

In Kerala, all political parties are for women MLAs, but only in principle
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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No need for lockdown
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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PMI services expand at a slower pace in March on surge in Covid cases
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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Union Bank, Central Bank of India offer the lowest interest rates on personal loans
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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Maharashtra Covid-19 curbs sink markets; Sensex falls over 1,400 points
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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Delhi's COVID surge continues as over 4000 cases reported 1st time this year; positivity rate 4.64%
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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World Bank ups FY22 GDP growth projection for India by 4.7 percentage pts
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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