Month: November 2020

'Q2 GDP looks much better but no guarantee of improvement unless government spends more'

‘Q2 GDP looks much better but no guarantee of improvement unless government spends more’

November 30, 2020

By Administrator_India Capital Sands The Indian economy contracted 7.50 percent in the second quarter of this financial year against a decline of 23.90 percent in the first quarter. Technically, the country is in a recession following two straight quarters of contraction but the slowdown is gradually easing. The gross domestic product (GDP) growth is at […]

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WHAT TO LOOK FOR IN A FOREX TECHNOLOGY PROVIDER

November 28, 2020

The online trading industry is not what it used to be. In fact, many would argue that the arena has entirely changed in recent years. Europe in particular has seen a severe tightening in regulation which has dramatically forced brokers to change the way they approach their mode of operation. At the same time, banks […]

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Emergent gets $23 million additional order for vaccine production

India had nearly 74 million COVID-19 cases by August: ICMR’s second national serosurvey

November 27, 2020

By Administrator_India Capital Sands Nearly seven per cent of India’s population aged ten and above was exposed to SARS-CoV-2, amounting to an estimated 74.3 million infections by August, with the seroprevalence being highest in urban slum areas followed by urban non-slum and rural areas, the findings of ICMR’s second national serosurvey stated. According to the […]

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Oil Mixed, API Reports Surprise Draw in U.S. Crude Oil Supplies

Oil rally boosted by surprise fall in U.S. stocks

November 26, 2020

By Administrator_India Capital Sands Oil rose for a fifth day on Thursday after a surprise fall in U.S. crude inventories gave further legs to a rally driven by optimism that vaccines will end the coronavirus pandemic and revive demand for fuels. Brent futures were up 45 cents, or 0.9%, at $49.06 a barrel by 0245 GMT, after rising […]

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Diesel, Petrol prices unchanged after 5 consecutive day hike– Check fuel prices in metro cities on November 25, 2020

Diesel, Petrol prices unchanged after 5 consecutive day hike– Check fuel prices in metro cities on November 25, 2020

November 25, 2020

By Administrator_India Capital Sands Fuel prices were unchanged on Wednesday after five consecutive day hike by the oil marketing companies. Petrol and diesel prices that remained unchanged for 48 days, saw a rate revision on November 20 (Friday), as state-run oil marketing companies hiked fuel prices. On Tuesday (November 24) Petrol prices were hiked by 6 […]

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Biden picks Janet Yellen for treasury secretary

Biden picks Janet Yellen for treasury secretary

November 24, 2020

By Administrator_India Capital Sands President-elect Joe Biden plans to nominate former Federal Reserve Chairwoman Janet Yellen, an economist at the forefront of policy-making for three decades, to become the next Treasury secretary, according to people familiar with the decision. If confirmed by the Senate, Ms. Yellen would become the first woman to hold the job. […]

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Want to Start a Forex Brokerage?

Want to Start a Forex Brokerage?

November 23, 2020

Here is a scholarly research article to give you information that may help you make that decision. Some of the questions are: What is the best location to form a corporation to operate a new Forex business? Where should I get the license? We should say up front that we assist clients in obtaining licenses, […]

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Big guns may get banking licences

Big guns may get banking licences

November 21, 2020

By Administrator_India Capital Sands A Reserve Bank of India (RBI) panel on Friday recommended giving banking licences to large industrial houses, potentially allowing the Aditya Birla group, the Tata group and Reliance Industries Ltd to apply for banking licences. The panel has also suggested that large non-bank lenders with asset sizes of more than ₹50,000 crore, including those […]

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Delhi raises fines for not wearing masks to Rs 2,000 as Covid cases rise

Delhi raises fines for not wearing masks to Rs 2,000 as Covid cases rise

November 20, 2020

By Administrator_India Capital Sands Delhi Chief Minister Arvind Kejriwal on Thursday announced hiking fines for not using face masks from Rs 500 to Rs 2,000 and increasing the number of beds for Covid-19 patients at hospitals amid a massive Covid-19 surge. He said the Delhi government was implementing from November 19 its decision to reserve 80 per cent of […]

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Maha govt to raise COVID-19 vaccine, Remedisivir shortage issues before PM Modi today

Coronavirus update: As Delhi wrestles third wave, survey finds 74% residents favour shutting down markets, shops

November 19, 2020

By Administrator_India Capital sands Over 74 percent of people in Delhi, which has seen a spike in COVID-19 cases in recent days, favour some type of shutdown in markets and non-essential shops and services to curb the spread of the disease, a survey has shown. According to the survey, carried out by LocalCircles, 46 percent […]

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