Monthly archives: November, 2020

‘Q2 GDP looks much better but no guarantee of improvement unless government spends more’

India's FDI inflows up 37% in October-December to $26.16 billion

By Administrator_India Capital Sands  The Indian economy contracted 7.50 percent in the second quarter of this financial year against a decline of 23.90 percent in the first quarter. Technically, the country is in a recession following two straight quarters of contraction but the slowdown is gradually easing. The gross domestic product (GDP) growth is at …

India Inc feels the rising pressure to serve up jobs for locals

Hong Kong Pledges HK$120 Billion in Support as Economy Recovers

By Administrator_India Capital Sands NEW DELHI : In a large industrial park in Haryana’s Bahadurgarh, a supplier of zinc and aluminium die cast parts runs a busy plant. The company’s 150 staffers produce, polish and pack parts of security locks, sanitary and decorative hardware. Only about two per cent of the workers are native to Haryana. …

Indian markets seen under pressure on global cues, F&O expiry

Stocks to watch: BPCL, Shipping Corp, Hero Moto, Tata Motors, IDBI Bank

By Administrator_India Capital Sands MUMBAI: Indian stock markets may see a subdued start on Thursday given mixed global cues and because of the expiry of the November F&O series. SGX Nifty traded 0.1% lower in early deals today, indicating a gap-down opening for India’s benchmark indices. On Wednesday, the Sensex ended at 43,828.10, down 694.92 …

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

Saudi Arabia plans to increase oil output amid recovery in prices

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 stuck near two-week lows amid lower U.S. yields

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 …