Oil up on Vaccine Positivity, U.S. Electoral Transition Certainty

Oil up on Vaccine Positivity, U.S. Electoral Transition Certainty

By Administrator_India Capital Sands Oil was up on Tuesday morning in Asia as a rollout of at least one COVID-19 vaccine within the next month looks increasingly certain, promising increased demand in the new year. Also, the U.S. presidential transition is finally underway, offering political certainty. Brent oil futures rose 0.83% to $46.42 by 04:01 …

Pfizer files for covid-19 vaccine approval

Pfizer files for covid-19 vaccine approval

By Administrator_India Capital Sands Pfizer Inc applied to U.S. health regulators on Friday for emergency use authorization (EUA) of its COVID-19 vaccine, the first such application in a major step toward providing protection against the new coronavirus. The application to the U.S. Food and Drug Administration (FDA) comes just days after Pfizer and German partner BioNTech …

COVID-19 vaccine should be available for public by April 2021: Serum Institute CEO Adar Poonawalla

COVID-19 vaccine should be available for public by April 2021: Serum Institute CEO Adar Poonawalla

By Administrator_India Capital Sands Vaccine maker Serum Institute of India’s CEO Adar Poonawalla on November 19 said the Oxford COVID-19 vaccine should be available for healthcare workers and elderly people by around February 2021 and by April for the general public, and will be priced at a maximum of Rs 1,000 for two necessary doses …

Dollar Up, Hopes of Fed Monetary Stimulus Rise

Dollar Up, Hopes of Fed Monetary Stimulus Rise

By Administrator_India Capital Sands The dollar was up on Thursday morning in Asia, clawing back gains from earlier losses. The market saw small moves as the number of COVID-19 cases globally continues to rise incessantly, and expectations of further monetary stimulus from the U.S. Federal Reserve begin to grow. “Central bankers continue to offer promises …

WOMEN INTERESTED IN ONLINE TRADING MARKET (FX & CFD’S) WHY STARTED GROWING?

WOMEN INTERESTED IN ONLINE TRADING MARKET (FX & CFD’S) WHY STARTED GROWING?

Ritu started investing in online trading market during lockdown. Ritu  is very busy these days. A 31-year-old woman working in the field of public relations, she has renewed interest in the online trading market, for which she continues to work. Another interesting trend is that young people are coming forward in online trading. Capital Sands …

WPI inflation rises to 8-month high of 1.48% on pharma, metal prices

By Administrator _India Capital Sands The wholesale price index-based (WPI-based) inflation rate rose for the third straight month to an eight-month high of 1.48 per cent in October from 1.32 per cent in the previous month. Economists said the WPI data enforced the case for the status quo in the Reserve Bank of India’s policy …

Diwali gift: FM Nirmala Sitharaman likely to announce stimulus package today

Diwali gift: FM Nirmala Sitharaman likely to announce stimulus package today

By Administrator_India Capital Sands Finance Minister Nirmala Sitharaman is likely to announce a mega pre-diwali stimulus package on November 12 afternoon. These could include measures aimed at sectors worst hit by the COVID-19 pandemic, as well as listing out of infrastructure projects which will be expedited with the aim of job creation. FM Sitharaman will …

Oil gains after stockpile draw amid hopes for coronavirus vaccine

Oil gains after stockpile draw amid hopes for coronavirus vaccine

By Administrator_India Capital Sands Oil futures rose on Wednesday after an industry report showed that U.S. crude inventories fell by more than expected as prices continued to be supported by news of successful trials of a vaccine for coronavirus. Brent crude was up 31 cents, or 0.7%, at $43.92 a barrel by 0213 GMT, while …

A year after Goodwin scam: This Diwali, avoid gold savings schemes of jewellers

A year after Goodwin scam: This Diwali, avoid gold savings schemes of jewellers

By Administrator_India Capital Sands It has been a year since the Rs 25 crore scam of Goodwin Jewellers  happened. As many as 1,573 individuals were duped into buying a gold savings scheme that had promised to offer gold jewellery of up to 14 percent more on the investment amount. But, come Dhanteras, which falls on November 13 …