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 …
By Administrator_ India Capital Sands The government has increased the time interval between the two doses of Covishield — the Oxford-AstraZeneca vaccine against Covid-19, being manufactured locally by Serum Institute of India — from four-six weeks to four-eight weeks in view of the “emerging scientific evidence”. The recommendation came from the National Technical Advisory Group …
What is a Trading Platform? The technology used for trading is known as a trading platform, such as opening, closing, and controlling market positions through an intermediary, say, an online broker. Brokers also offer online trading platforms either for free or at a discount rate in exchange for keeping a sponsored account and/or making a specified number of trades per month. The best …
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By Administrator_India Capital Sands The Organization for Economic Co-operation and Development (OECD) has raised the projection for India’s economic growth rate by 4.7 per centage points at 12.6 per cent for 2021-22. That would enable India to retain its earlier tag of the fastest growing large economy in the world. In its interim report on economic outlook, OECD said: …
By Administrator_India Capital Sands National miner, Coal India limited (CIL), said it has approved 32 new coal mining projects in the ongoing financial year with an estimated cost of Rs 47,000 crore. Of the 32, twenty-four are expansion of existing projects and the remaining eight are greenfield. The combined incremental peak capacity of these projects is projected at 193 …
By Administrator_India Capital Sands China’s February exports grew at a record pace from a year earlier when COVID-19 battered the world’s second-biggest economy, customs data showed on Sunday, while imports rose less sharply. Exports in dollar terms skyrocketed 154.9% in February compared with a year earlier, while imports gained 17.3%, the most since October 2018. …
By Administrator_India Capital Sands Foreign direct investments (FDI) into the country increased 37 per cent in October-December to $26.16 billion, compared to $19.09 billion of inflows in the corresponding period a year ago. Despite the pandemic devastating economies, FDI inflows have risen, indicating the confidence of global investors in India. In the first nine months of FY21, foreign investments …
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