Category «Uncategorized»

Oil prices extend gains after U.S. inventory drop

Oil Down, But Remains Above $70 Mark as Tight Market Hopes Prevail

By Administrator_India Capital Sands Oil prices rose on Wednesday, with¬†U.S. crude¬†gaining for a seventh day, after an industry report showed a further drop in inventories and investors shrugged off worsening developments in the pandemic. U.S. West Texas Intermediate (WTI) was up 40 cents, or 0.8%, at $53.61 a barrel by 0128 GMT after gaining nearly …

US tops 21 million COVID-19 cases with record hospitalizations as states ramp up vaccinations

First batch of DRDO's anti-COVID-19 drug 2-DG to be released today

By Administrator_India Capital Sands More Americans were hospitalized with COVID-19 on Wednesday than at any time since the pandemic began, as total coronavirus infections crossed the 21 million mark, deaths soared across much of the United States and a historic vaccination effort lagged. U.S. COVID-19 hospitalizations reached a record 130,834 late on Tuesday, according to …

Indian bank bad debt could double in coronavirus crisis

Indian bank bad debt could double in coronavirus crisis

By Administrator_India Capital Sands India expects bad debts at its banks could double after the coronavirus crisis brought the economy to a sudden halt, a senior government official and four top bankers told. Indian banks are already grappling with 9.35 trillion rupees ($123 billion) of soured loans, which was equivalent to about 9.1% of their …