COVID-19

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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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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Mumbai sees bed rationing again as coronavirus cases rise sharply
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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Need 'quick, decisive' steps to stop second Covid-19 wave: Modi tells CMs
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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COVID-19 Update: Janata Curfew to be imposed in Maharashtra's Jalgaon from March 11
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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Mumbai sees bed rationing again as coronavirus cases rise sharply
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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Indian economy
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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US Congress deal for COVID-19 relief and its impact
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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Oil tumbles with bearish market structure showing weak demand concern
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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