Category «India»

India see record day high of 152,879 new COVID-19 infections

India see record day high of 152,879 new COVID-19 infections

By Administrator_India Capital Sands Hitting another record daily high of 1,52,879 new coronavirus infections, India’s COVID-19 tally of cases climbed to 1,33,58,805, while the active cases breached the 11-lakh mark for the first time since the outbreak of the pandemic, according to the Union Health Ministry data updated on April 11. The death toll increased …

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

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

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 …

Extreme weather events put $84 billion of Indian bank debt at risk

Extreme weather events put $84 billion of Indian bank debt at risk

By Administrator_India Capital Sands An increase in extreme weather events such as floods, droughts and cyclones risk souring debt worth more than Rs 6.19 trillion ($84 billion) at India’s biggest financial institutions. That’s according to leading nonprofit environmental disclosure platform CDP. State Bank of India, the country’s largest lender, HDFC Bank, IndusInd Bank Ltd. and …

Delhi to have EV charging stations within every 3 km distance: Delhi transport minister

Delhi to have EV charging stations within every 3 km distance: Delhi transport minister

By Administrator_India Capital Sands Transport Minister Kailash Gahlot detailed the electric vehicle (EV) policy at a global summit and said the Delhi government has aimed to set up charging stations within every 3 kms distance in the city. In a virtual address at the global event organised by World Bank and WRI Ross Center, Gahlot said …

FPI inflow crosses $30 bn in FY21, highest investment in a FY since 2013

FPI inflow crosses $30 bn in FY21, highest investment in a FY since 2013

By Administrator_India Capital Sands Foreign portfolio investors (FPIs) continue to bet big on ‘India story’ with their net investment in Indian equities already hitting $31.7 billion mark thus far in financial year 2020-21 (FY21) – the highest investment in a financial year since fiscal 2012-13 (FY13) when they had invested a net $25.8 billion (Rs …

Anna Hazare To Begin His ‘last Hunger Strike’ In Support Of Farmers From Saturday

Anna Hazare To Begin His 'last Hunger Strike' In Support Of Farmers From Saturday

By Administrator_India Capital Sands Octogenarian social activist Anna Hazare is set to begin an indefinite hunger strike at his hometown in Maharashtra’s Ahmednagar from tomorrow, in support of the ongoing farmers’ agitation. The 84-year-old activist has also urged his supporters to join the agitation by protesting from their respective location. Hazare’s demands include the implementation …

India Pollution Tracker: Check AQI today in Delhi, Mumbai and other major cities

India Pollution Tracker: Check AQI today in Delhi, Mumbai and other major cities

By Administrator_India Capital Sands Air quality has been deteriorating across India amid winter. Over the last three months, the Air Quality Index (AQI) has fallen dangerously low in the northern regions of the country, especially in New Delhi, where it is on the brink of an “emergency” level. Faced with rising air pollution in Delhi-National Capital …

India behind only China in cornering EM inflows in CY20, shows data

India behind only China in cornering EM inflows in CY20, shows data

By Administrator_India Capital Sands India has cornered the biggest chunk of overseas investor flows into the emerging markets, after China, in CY20. FPI flows in India for the year stood at $22.6 billion, 58 per cent higher than that in 2019, with energy and financials absorbing the biggest share of flows. The flows were largely driven by easy …

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. …

High food prices keep India’s retail inflation above 6% in August

High food prices keep India's retail inflation above 6% in August

By Administrator_India Capital Sands The consumer price index(CPI)- based inflation came in at 6.7 per cent for August, from 6.73% in July, courtesy food inflation refusing to soften below 9 per cent. India’s economy now struggles to cope with low growth and high inflation five months into the Covid-19 pandemic. The retail inflation has now remained above …