Month: February 2021


February 26, 2021

By Administrator_India Capital Sands When it comes to picking a platform to trade, it’s always simpler when you have a checklist on how to pick the right broker! This guide does just that, walking you through everything one should keep in mind. Best trading platform for CFD is Market 24×365 (MT24x365) & Binary Opinion Some […]

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India plans new social media controls after Twitter face-off

February 25, 2021

By Administrator_India Capital Sands Chafing from a dispute with Twitter, India plans to oblige social media companies to erase contentious content fast and assist investigations, according to a draft regulation. New Delhi’s planned “Intermediary Guidelines and Digital Media Ethics Code” – a copy of which was seen by Reuters – come as various nations around […]

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Oil prices climb after drawdown in stocks, positive demand outlook

Oil holds near year-long highs as COVID lockdowns seen easing

February 24, 2021

By Administrator_India Capital Sands Oil prices were steady on Tuesday, trading close to more than year-long highs on signs that global coronavirus restrictions were being eased although concerns about the pace of a U.S. economic recovery kept gains in check. Brent crude was up 7 cents, or 0.1%, at $65.31 a barrel by 1505 GMT, […]

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Petrol, diesel prices today: Fuel price rise continues unabated; petrol climbs to Rs 107.54 in Mumbai

Fuel price hike could see 50,000 small truckers going out of business

February 23, 2021

By Administrator_India Capital Sands About 50,000 truckers, most of whom are single-truck owners, could be thrown off their businesses due to the recent fuel price hike. “Already the vehicle supply on the road is higher than the requirement. With the fuel price hike, fleet owners will look to cut down fleet size wherever needed and […]

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Dollar Recovery Over, but Fed Could Spark Second Wave of Strength

Dollar Down, Riskier Currencies Benefit as Risk Sentiment Improves

February 22, 2021

By Administrator_India Capital Sands The dollar was down on Monday morning in Asia, falling to a three-year low against the AUD and a three-year low against the GBP as continued progress on curbing the COVID-19 virus boosted risk sentiment. The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched down 0.02% to […]

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PM Modi to chair UNSC debate on maritime security

PM Narendra Modi to inaugurate, lay foundation of key projects in Kerala today

February 19, 2021

By Administrator_India Capital Sands Prime Minister Narendra Modi will inaugurate and lay foundation stone of key power and urban sector projects in Kerala on February 19 via video conference. The prime minister is set to inaugurate the 320 KV Pugalur (Tamil Nadu)-Thrissur (Kerala) power transmission project. It is a Voltage Source Converter (VSC)-based High Voltage […]

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Oil Up, Boosted by Bigger-Than-Expected Draw in U.S. Supplies, Texas Cold Snap

February 18, 2021

By Administrator_India Capital Sands Oil was up Thursday morning in Asia, continuing an almost week-long rally and passing 13-month highs. The cold snap in Texas and surrounding regions continues to hamper production, with at least a fifth of U.S. refining output and a million barrels of crude production shut down. Brent oil futures jumped 1.20% to […]

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Fed rhetoric restrains dollar as traders eye inflation

Dollar hits four-month high against yen as yields jump on inflation bets

February 17, 2021

By Administrator_India Capital Sands TOKYO (Reuters) – The dollar advanced on Wednesday, hitting a four-month high against the yen as U.S. bond yields jumped on the prospects of further economic recovery and a possible acceleration in inflation. Bitcoin held firm, a day after the cryptocurrency hit $50,000 for the first time, bringing its total market capitalisation […]

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WPI inflation up 2.03% on factory goods and fuel, room for rate cut shrinks

February 16, 2021

By Administrator_India Capital Sands Unlike its retail price counterpart, the wholesale price index (WPI)-based inflation rate rose to 2.03 per cent in January from 1.22 per cent in the previous month as fuel and non-food manufactured products faced price pressures. Economists feel there is no further room for rate cuts by the monetary policy committee […]

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Finance Ministry to infuse Rs 3,000 crore in general insurance companies this quarter

February 15, 2021

By Administrator_India Capital Sands The Finance Ministry will infuse Rs 3,000 crore capital into state-owned general insurance companies during the current quarter in a bid to improve their financial health. Last year, the Union Cabinet headed by Prime Minister Narendra Modi cleared proposal to provide capital support to National Insurance, Oriental Insurance and United India […]

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