By Administrator_India Capital Sands Oil Marketing Companies (OMCs) in India have raised petrol prices by 28-29 paise/litre and diesel prices by 26-28 paise/litre on May 31. Since May 3, fuel prices have cumulatively jumped by Rs 3.83/litre for petrol and Rs 4.42/litre for diesel after a series of consecutive price hikes over the month. Petrol …
By Administrator_India Capital Sands Oil prices pushed higher on Friday, supported by firm U.S. economic data and expectations of a strong rebound in global fuel demand in the third quarter, while concerns eased about the impact of any return of Iranian supplies. Brent crude futures for July gained 16 cents, 0.2%, to $69.62 a barrel by …
By Administrator_India Capital Sands New Delhi: Pfizer has told the government its Covid vaccine shows “high effectiveness” against the India-dominant variant of the virus experts believe is behind the devastating second wave of infections and deaths in the country, sources told news agency PTI Wednesday. Sources said Pfizer also told the government its vaccine had been …
By Administrator_India Capital Sands WhatsApp has filed a legal complaint against the Indian government in New Delhi seeking to block new IT regulations coming into force on Wednesday that experts say would compel the California-based Facebook unit to break privacy protections, sources said. According to the lawsuit WhatsApp has pleaded Delhi High Court to declare …
By Administrator_India Capital Sands Nifty futures on the Singapore Exchange traded 79 points higher at 15,280, indicatin a firm start for the benchmark indices on Monday. Here are the top stocks to track in today’s session: Earnings Today: A total of 68 companies are slated to post their March quarter results today, including Alkem Labs, …
By Administrator_India Capital Sands Oil prices rose on Monday as a storm formed in the Gulf of Mexico and Iran said a three-month nuclear monitoring deal had expired, raising doubts about the future of indirect talks that could end U.S. sanctions on Iranian crude exports. Brent crude oil futures for July rose 32 cents, or 0.5%, …
By Administrator_India Capital Sands Lately, India has had very little to smile about. Something that Colgate-Palmolive Co.’s tepid growth in the world’s pandemic epicenter amply demonstrates. The toothpaste maker’s results this week offer a fresh look at a puzzle: the Indian stock market’s apparent disregard for the country’s worst humanitarian disaster in almost 75 years. …
By Administrator_India Capital Sands Bitcoin and other digital assets languished in Asia on Thursday, recovering marginally from four-month lows but weighed down by concerns over tighter regulation in China and unease over massive leveraged positions in the cryptocurrency world. Bitcoin, the biggest and most popular cryptocurrency, rose slightly to $38,072 after plunging 14% on Wednesday to …
By Administrator_India Capital Sands Asian stocks dipped and cryptocurrencies extended losses on Wednesday as uncertainties over inflation prompted investors to reduce exposure to riskier assets for now. Also weighing on digital coins was a new Chinese ban on financial institutions providing services related to cryptocurrency transactions. MSCI’s broadest index of Asia-Pacific shares outside Japan dropped …
By Administrator_India Capital Sands Mumbai: The Indian Navy has rescued 146 people on board a barge that went adrift in the Arabia Sea near Mumbai hours before a very severe cyclonic storm with winds gusting up to 185 km per hour made landfall on the Gujarat coast, an official said on Tuesday. The Navy had deployed …
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