Month: March 2021

Amazon India eyeing to expand grocery business in small towns: Report

March 31, 2021

By Administrator_India Capital Sands To expand its fast-growing grocery business, Amazon India is focussing on attracting more first-time customers from tier II, non-metro towns in the country. The e-commerce giant saw a 20 percent jump in first-time online shoppers – particularly from tier II and III cities and towns in India over the past year, Mint […]

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Zoom, other WFH tech darlings risk user exodus as the world reopens

March 30, 2021

By Administrator_India Capital Sands Many internet companies posted record performance during the pandemic as consumers turned to apps and other cloud software to work, study, socialize and shop from home. But as vaccines roll out and restrictions relax, some of this unprecedented digital demand is fading. Data from research firm Apptopia reveal how the superstar apps of […]

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Rajasthan govt orders closure of offices, markets till May 3

Maharashtra tops Covid-19 vaccination with 4 mn jabs, surpasses Rajasthan

March 26, 2021

By Administrator_India Capital Sands Maharashtra has emerged as the leader in the COVID-19 vaccination drive as it has administered vaccine doses to 43,42,646 people, an official said on Thursday. The state surpassed Rajasthan in the vaccination drive on March 24, he said. Rajasthan now ranks second as it has vaccinated 43,27,874 people, the official said. “Maharashtra tops […]

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Sensex Loses Over 200 Points, Nifty Slips Below 14,500

March 25, 2021

By Administrator_India Capital Sands The domestic stock markets have opened in the red, a day after correcting nearly 2 per cent, as concerns about extended economic lockdowns in Europe continued to make investors jittery across global markets. The sudden spike in Covid-19 cases India in the past ) one week is also spooking the bulls […]

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Holi celebrations banned in Mumbai amid spike in COVID-19 cases

March 24, 2021

By Administrator_India Capital Sands Amid an alarming surge in COVID-19 cases in Mumbai, the Brihanmumbai Municipal Corporation (BMC) on March 23 announced that Holi celebrations will not be permitted in both private and public places. The circular, issued by BMC commissioner Iqbal Singh Chahal, said that considering the surge in cases and in view to avoid […]

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Oil Down as Uneven COVID-19 Recovery Stokes Fuel Demand Worries

March 23, 2021

By Administrator_India Capital Sands Oil was down Tuesday morning in Asia, continuing its trend downwards over persistent worries about fuel demand recovery in the short term. Brent oil futures were down 0.44% to $63.98 by 9:37 PM ET (1:37 AM GMT) and WTI futures fell 0.96% to $60.97. Both Brent and WTI futures remained above the $60 […]

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Asian Stocks Mixed, Turkish Turmoil and Inflation Worries on Investors’ Minds

March 22, 2021

By Administrator_India Capital Sands Asia Pacific stocks were mixed Monday morning, with bond yields and inflation worries continuing to mount. Investors also digested Turkey’s surprise central bank governor replacement. Japan’s Nikkei 225 fell 1.92% by 11:16 PM ET (3:16 AM GMT) while South Korea’s KOSPI edged up 0.16%. In Australia, the ASX 200 was up 0.64%. Hong Kong’s Hang Seng index was down […]

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Rajasthan govt orders closure of offices, markets till May 3

Maharashtra’s single-day COVID-19 count crosses 23,000-mark, highest since September 2020

March 18, 2021

By Administrator_India Capital Sands Maharashtra reported as many as 23,179 new cases of coronavirus on Wednesday, which is the highest single-day infection count so far in 2021, a health official said. This is the sixth highest one-day spike of infection cases in the state since the pandemic began last year. With these new cases, Maharashtra’s overall […]

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RBI slaps Rs.2 crore penalty on SBI for ‘deficiencies in regulatory compliance’

March 17, 2021

By Administrator_India Capital Sands The Reserve Bank of India (RBI) has slapped a penalty of Rs 2 crore on the State Bank of India (SBI) over “deficiencies in regulatory compliance”, an official statement said on March 16. The monetary penalty was imposed on the SBI through an order issued by the central bank on March 15, 2021. “This […]

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Delhi remains world’s most polluted capital for third year in a row: Study

March 17, 2021

By Administrator_India Capital Sands India’s capital New Delhi continued to top the list of most polluted capitals in the world, a study conducted by Swiss-Group IQAir showed. The study, which measures air quality levels based on the concentration of lung-damaging airborne particles known as PM2.5, is based on the annual average of this particulate matter as […]

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