According to government data, more than 4,500 persons in Delhi have been fined a total of Rs 22 lakh for not wearing masks since the mask mandate was reinstated amid a spike in coronavirus cases. The Delhi Disaster Management Authority (DDMA) agreed last month to reinstate the mask mandate, with a Rs 500 punishment for […]
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With 2,380 new coronavirus infections being reported in a day, India’s total tally of COVID-19 cases rose to 4,30,49,974, while the active cases increased to 13,433, according to the Union Health Ministry data updated on Thursday. The death toll climbed to 5,22,062 with 56 fresh fatalities, the data updated at 8 am stated. The active cases comprise 0.03 per cent […]
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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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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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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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By Administrator_India Capital Sands Gold scaled a new high on Wednesday as a weaker dollar and falling bond yields burnished its safe-haven appeal, while shares were mostly lower as investors baulked at the ballooning cost of the coronavirus pandemic. Risk assets such as equities have surged in recent months on massive policy stimulus from central […]
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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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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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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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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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