Month: July 2021

Oil prices climb after drawdown in stocks, positive demand outlook

Oil falls but heads for strong weekly gain on demand growth

July 30, 2021

By Administrator_India Capital Sands Oil prices fell on Friday but were on track to post solid gains for the week with demand growing faster than supply, while vaccinations dampen the impact of a resurgence in coronavirus cases worldwide. Brent crude futures fell 40 cents, or 0.5%, to $75.65 a barrel by 0151 GMT, following a […]

Read More
Oil prices climb after drawdown in stocks, positive demand outlook

Oil prices slip but remain near $75 after large inventory drawdown

July 29, 2021

By Administrator_India Capital Sands Oil prices slipped but remained near $75 per barrel on Thursday as crude stockpiles in the United States, the world’s top oil consumer, fell last week to their lowest since January 2020 and imports and production dropped. Brent crude oil futures fell 5 cents, or 0.1%, to $74.69 a barrel by […]

Read More
Sensex, Nifty soar to fresh lifetime highs; power, IT stocks spurt

Nifty Seen Opening Marginally Higher; Maruti Suzuki, IndiGo In Focus

July 28, 2021

By Administrator_India Capital Sands The Indian equity benchmarks are set to open higher as indicated by the Nifty futures on Singapore Exchange amid subdued cues from other Asian markets. Nifty futures on Singapore Exchange also known as the SGX Nifty futures advanced 42 points to 15,783. Meanwhile, Asian shares stayed stuck at seven-month lows on […]

Read More
No plan to print currency notes to tide over economic crisis: Sitharaman

No plan to print currency notes to tide over economic crisis: Sitharaman

July 27, 2021

By Administrator_India Capital Sands The government has no plan to print currency notes to tide over the current economic crisis triggered by the outbreak of COVID-19 pandemic, Finance Minister Nirmala Sitharaman informed Parliament on Monday. To a question on whether there is any plan to print currency to tide over the crisis, the Finance Minister said, “No Sir”. Many economists and […]

Read More
Delhi Metro trains start running with 100% seating capacity; standing not allowed in coaches

Delhi Metro trains start running with 100% seating capacity; standing not allowed in coaches

July 26, 2021

By Administrator_India Capital Sands The Delhi Metro Rail Corporation (DMRC) till Sunday was running trains with 50 percent seating capacity, after the services had resumed after a long hiatus on June 7. Also, to handle increase in volume of commuters, 16 additional entry gates have been made operational at 16 stations (one at each station) […]

Read More
DLF to launch projects in medium term with sales of about Rs 40,000 crore

Sentiments in property market turns pessimistic in April-June: Report

July 23, 2021

By Administrator_India Capital Sands Sentiments in the real estate market turned pessimistic during the April-June quarter because of the outbreak of the second wave of COVID-19 pandemic but the future outlook for the next six months remains optimistic, according to a survey by Knight Frank, FICCI and Naredco. In the 29th edition of Real Estate Sentiment Index Q2 2021, […]

Read More
Gold prices drop by Rs 307 to Rs 47,276 per 10 gm ahead of FOMC minutes; silver falls by Rs 595

Gold hovers near 1-week low as risk appetite returns; ECB meet in focus

July 22, 2021

By Administrator_India Capital Sands Gold prices fell on Thursday, hovering near a more than one-week low, weighed down by a stronger dollar and a rebound in risk sentiment as investors looked past economic threats from rising cases of the Delta coronavirus variant. Spot gold was down 0.3% at $1,798.27 per ounce, as of 0313 GMT, […]

Read More
Sensex Nifty surrender early

Markets fall for third day on the trot amid delta variant worries

July 21, 2021

By Administrator_India Capital Sands The benchmark indices fell for the third day in a row, as rising coronavirus infections created fresh worries about business disruption and derailing economic recovery. Inflation concerns also kept investors on tenterhooks. Many countries, especially in Asia, have been forced to impose stricter lockdown measures as they are grappling with curbing […]

Read More
Tamil Nadu government opens doors for electric vehicle makers

IT minister, Rahul Gandhi, Prashant Kishor among Pegasus ‘targets’

July 20, 2021

By Administrator_India Capital Sands The government on Monday denied claims that it had used spyware Pegasus to “compromise” the phone data of some persons but The Wire, the news portal which was a part of the Pegasus project that investigated possible snooping using the Israeli spyware in many countries, published fresh data that revealed IT […]

Read More
OPEC+ agrees to boost oil output after Saudi Arabia, UAE end standoff

OPEC+ agrees to boost oil output after Saudi Arabia, UAE end standoff

July 19, 2021

By Administrator_India Capital Sands OPEC+ ministers agreed on Sunday to boost oil supply from August to cool prices which have climbed to 2-1/2 year highs as the global economy recovers from the coronavirus pandemic. The group, which includes OPEC countries and allies like Russia, crucially agreed new production allocations from May 2022 after Saudi Arabia and others […]

Read More