Monthly archives: April, 2021

Indian film industry may see 70% drop in revenue in 2021 as lockdown extends in many states

Indian film industry may see 70% drop in revenue in 2021 as lockdown extends in many states

By Administrator_India Capital Sands From being allowed to operate at 100 percent in February to shutting shop from April 14 onwards, Indian cinemas are struggling with uncertainty once again. With theatres likely to remain shut until May 15 in most parts of the country, the picture is grim for the entire film industry which bets …

US delivering supplies worth over $100 million to India; first flight to land today: White House

US delivering supplies worth over $100 million to India; first flight to land today: White House

By Administrator_India Capital Sands The United States will be delivering COVID-19 relief materials worth over USD100 million to India in the coming days, the White House said as the first flight carrying urgent health supplies left for the country. The flight took off from the Travis Air Force Base on the world’s largest military aircraft …

COVID-19 surge: Election Commission bans victory processions during and after vote counting on May 2

COVID-19 surge: Election Commission bans victory processions during and after vote counting on May 2

By Administrator_India Capital Sands The Election Commission of India (ECI) has banned all victory processions during or after the counting of votes on May 2 amid surging COVID-19 cases in India. Assembly elections were scheduled in Tamil Nadu, Kerala, West Bengal, Assam, and Puducherry beginning March 27 and ending April 29. As per the EC …

Asian shares wobble ahead of Fed outcome and earnings

Asian shares wobble ahead of Fed outcome and earnings

By Administrator_India Capital Sands Asian shares fell and U.S. stock futures were steady on Tuesday as caution ahead of a U.S. Federal Reserve meeting and a slew of corporate earnings offset growing optimism about the global economic recovery from the COVID-19 blow. MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.14%. Australian stocks dropped …

Reliance Industries and BP start up second deepwater gas field in India’s KG D6 block

Reliance Industries and BP start up second deepwater gas field in India's KG D6 block

By Administrator_India Capital Sands Reliance Industries (RIL) and and BP on April 26 announced commencement of production from the Satellite Cluster gas field in block KG D6, situated off India’s eastern coast. “The Satellite Cluster is the second of the three developments to come onstream, following the start-up of R Cluster in December 2020. It had originally been scheduled …

Stocks to watch: HCL Tech, Torrent Power, Rallis India, Tata Elxsi, Infosys

Stocks to watch: Grasim, Bal Pharma, GMM Pfaudler, Amara Raja, DHFL

By Administrator_India Capital Sands Nifty futures on the SGX traded 93 points lower 14,309, indicating a gap-down start for benchmark indices on Friday. Here are the top stocks to track today: Earnings Today: HCL Tech, IB Realty, M&M Financial Services are among 16 firms slated to post their March quarter numbers today. Analysts expect HCL Tech’s …

What is a Trading Platform?

What is a Trading Platform?

A trading platform is a software used for trading: opening, closing, and managing market positions through a financial intermediary such as an online broker. Online trading platforms are frequently offered by brokers either for free or at a discount rate in exchange for maintaining a funded account and/or making a specified number of trades per …

Lockdown must be the last resort, says Modi as India grapples with Covid-19

New Covid-19 cases in India have peaked, shows Cambridge tracker

By Administrator_India Capital Sands As the country grapples with a worrying second wave of coronavirus infections, Prime Minister Narendra Modi appealed to states that lockdowns should be the last option. In a hurriedly called address to the nation late Tuesday evening, the PM said economic activity and livelihood must remain least impacted. His call for patience during the crisis …

COVID-19 vaccination for all begins on May 1 — here is all you need to know

COVID-19 vaccination for all begins on May 1 — here is all you need to know

By Administrator_India Capital Sands The central government on April 19 announced that all Indians aged above 18 years will be eligible to get the COVID-19 vaccine from May 1, 2021. To make the COVID-19 vaccination drive smoother, the government will make pricing, procurement, eligibility, and administration of the vaccines flexible in the third phase. Here are all …

Manmohan Singh writes to PM Modi, shares five-point COVID-19 combat strategy

Manmohan Singh writes to PM Modi, shares five-point COVID-19 combat strategy

By Administrator_India Capital Sands As India reels under severe COVID-19 second wave, former prime minister and senior Congress leader Manmohan Singh wrote a letter to Prime Minister Narendra Modi on April 18, highlighting that the COVID-19 vaccination drive must be ramped up across the country to tackle the crisis. “The government should publicise what are …