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By Administrator_India Capital Sands Hitting another record daily high of 1,52,879 new coronavirus infections, India’s COVID-19 tally of cases climbed to 1,33,58,805, while the active cases breached the 11-lakh mark for the first time since the outbreak of the pandemic, according to the Union Health Ministry data updated on April 11. The death toll increased …
By Administrator_India Capital Sands New Delhi: The Ministry of Civil Aviation (MoCA) has expressed dissatisfaction over airline companies defaulting on refunds to passengers over flight tickets that were booked for travel during the lockdown last year but got cancelled. MoCA Secretary on Wednesday chaired a meeting with representatives of airlines in connection with refund of credit …
By Administrator_India Capital Sands The U.S. dollar traded near more than two-week troughs versus major peers on Thursday, tracking Treasury yields lower, after minutes of the Federal Reserve’s March policy meeting offered no new catalysts to dictate market direction. Fed officials remained cautious about the risks of the pandemic – even as the U.S. recovery …
By Administrator_India Capital Sands Billionaire Gautam Adani’s ports-to-energy conglomerate has become India’s third group to cross USD 100 billion in market capitalisation with shares of four of its six listed companies soaring to an all-time high on Tuesday. The total market cap of Adani Group’s six listed companies at the close of trading on Tuesday …
By Administrator_India Capital Sands US stocks rallied on Monday with the Dow and S&P 500 closing at record levels, as a round of strong economic data buoyed investor optimism for the economic reopening and a muted climb in the 10-year U.S. Treasury yield kept inflation worries in check. An ISM survey for March showed a …
By Administrator_India Capital Sands Countering opposition claims that the Bharatiya Janata Party (BJP), if voted to power in West Bengal, will update the National Register of Citizens (NRC), thereby “taking away the citizenship rights of people”, Kailash Vijayvargiya, the saffron camp’s national general secretary, on April 4 reaffirmed that no such plan is on the radar. …
By Administrator_India Capital Sands President Emmanuel Macron on Wednesday ordered France into its third national lockdown and said schools would close for three weeks as he sought to push back a third wave of COVID-19 infections that threatens to overwhelm hospitals. With the death toll nearing 100,000, intensive care units in the hardest-hit regions at …
By Administrator_India Capital Sands Online grocery platform Grofers on Tuesday said it will cover the cost of COVID-19 vaccination for its employees, their family members as well as the company”s contractual staff. The company aims to cover vaccination cost for 25,000 people across 38 cities, it added. Grofers will cover the vaccination cost for its …
By Administrator_India Capital Sands The Dow closed at a record high Monday, shrugging off weakness in energy stocks and bank stocks as Boeing racked up gains following new orders for its much maligned 737 Max jets. The Dow Jones Industrial Average rose 0.30%, or 98 points to close a record $33,171.77, the S&P 500 was 0.1% lower, and the Nasdaq …
By Administrator_India Capital Sands Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday expressed confidence that the second wave of Covid infections will not derail India’s economic journey. He maintained the RBI’s recent 10.5-per cent growth forecast for the coming fiscal year (2021-22, or FY22). His assurance assumes significance amid apprehensions about surging new Covid infections and …