Month: May 2021

Fed rhetoric restrains dollar as traders eye inflation

Fed rhetoric restrains dollar as traders eye inflation

May 12, 2021

By Administrator_India Capital Sands The U.S. dollar hovered near its lowest levels of the year on Wednesday as traders hung on to bets that the Federal Reserve would remain steadfast in its easy policy settings ahead of data expected to show a sharp rise in annual U.S. inflation. Analysts forecast figures due at 1230 GMT […]

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China's factory-gate prices surge by most in over three years

China’s factory-gate prices surge by most in over three years

May 11, 2021

By Administrator_India Capital Sands China’s factory gate prices rose at the fastest rate in three and a half years in April, official data showed on Tuesday, as the world’s second-largest economy continued to gather momentum following record-setting growth in the first quarter. The producer price index (PPI), a gauge of industrial profitability, rose 6.8% from […]

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Petrol, diesel prices surge again after two days: Check rates here

Petrol, diesel prices surge again after two days: Check rates here

May 10, 2021

By Administrator_India Capital Sands Oil marketing companies (OMCs) hiked fuel prices across metropolitan cities on May 4 After a two-day pause on fuel prices across the country, the price surged again on May 10. After the hike, the rates in Delhi were at Rs 91.53 per litre for petrol and Rs 82.06 per litre for […]

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Market 24×365, A new 3-in-1 trading platform appeared on the Forex market

Market 24×365, A new 3-in-1 trading platform appeared on the Forex market

May 7, 2021

HND Ventures Forex and Crypto turnkey Technology Provider are delighted to announce the release of the brand new product – Market 24×365, 3in1 trading platform for MT4/MT5 Market 24×365, a new 3in1 trading platform appeared on the Forex market. HND Ventures  Forex and Crypto turnkey Technology Provider are delighted to announce the release of the brand […]

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Indian variant of coronavirus detected in Kenya: Health Ministry

Indian variant of coronavirus detected in Kenya: Health Ministry

May 6, 2021

By Administrator_India Capital Sands The World Health Organization (WHO) has said the B.1.617 variant of Covid-19, which was first found in India, has now been reported in more than a dozen countries A case of the Indian variant of the coronavirus has been detected in Kenya, the country’s health ministry said Wednesday, a few days […]

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Asian Stocks Mixed, Investors Digest Yellen Interest Rate Comments

Asian Stocks Mixed, Investors Digest Yellen Interest Rate Comments

May 5, 2021

By Administrator_India Capital Sands Asia Pacific stocks were mixed Wednesday morning, with closures in major markets softening the impact of comments from U.S. Treasury Secretary Janet Yellen regarding interest rates that jolted markets. In Australia, the ASX 200 was up by 11:24 PM ET (3:24 AM GMT) while Hong Kong’s Hang Seng Index inched down. Japanese, Chinese and Korean […]

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India notifies digital tax threshold of Rs 2 crore and 300,000 users

India notifies digital tax threshold of Rs 2 crore and 300,000 users

May 4, 2021

By Administrator_India Capital Sands India on Monday notified a revenue threshold of Rs 2 crore and a limit of 300,000 users for non-resident technology firms such as Google, Facebook, Netflix, to pay tax in India under new or revised bilateral tax pacts. This is part of the Significant Economic Presence (SEP) principle, which was introduced […]

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Oil prices slip as pandemic takes toll on India's fuel sales

Oil prices slip as pandemic takes toll on India’s fuel sales

May 3, 2021

By Administrator_India Capital Sands Oil prices fell on Monday as a catastrophic second wave of a coronavirus epidemic in India cut short a recovery in oil demand there, offsetting optimism about a strong rebound in demand in developed countries and China in the second half of the year. Brent crude futures for July fell 15 cents, […]

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