Month: August 2021

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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Coronavirus Update: India adds 44,658 new COVID-19 cases, 496 deaths
Coronavirus News

Coronavirus Update: India adds 44,658 new COVID-19 cases, 496 deaths

By Administrator_India Capital Sands With 44,658 people testing positive for coronavirus infection in a day, India’s total tally of COVID-19 cases has increased to 3,26,03,188, while the active cases rose to 3,44,899, according to the Union Health Ministry data updated on Friday. The death toll climbed to 4,36,861 with 496 fresh fatalities, according to the […]

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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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Himachal Pradesh CM announces 6% extra DA for state govt employees, pensioners
India

Himachal Pradesh CM announces 6% extra DA for state govt employees, pensioners

By Administrator_India Capital Sands Himachal Pradesh Chief Minister Jai Ram Thakur Sunday announced six per cent additional dearness allowance (DA) for government employees and pensioners retrospectively from July 1. This announcement to provide financial benefit of Rs 450 crore to the employees and pensioners was made by the CM while presiding over a state-level function […]

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