Month: October 2021

US President Joe Biden unveils plan to invest $555 bn on green energy

US President Joe Biden unveils plan to invest $555 bn on green energy

October 29, 2021

By Administrator_India Capital Sands President Joe Biden announced a framework to invest $555 billion in funding on clean energy programs he thinks can win approval from Congress, with investments in renewable power, electric vehicles and resilience. If Congressional Democrats go along, the plan, part of a $1.75-trillion tax and spending blueprint, would represent a historic investment in […]

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Google, Microsoft beat Street with $110-billion revenue haul

October 28, 2021

By Administrator_ India Capital Sands Big Tech’s earnings boom stretched into the third quarter, with the pandemic surge in cloud computing, and a strong rebound in digital advertising, all but confirming 2021 will be a banner year for the sector. Quarterly revenues of the technology giants Microsoft and Google parent Alphabet soared beyond Wall Street’s expectations, according to figures […]

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Gold Down, as Consumer Confidence Rises

October 27, 2021

By Administrator_ India Capital Sands Gold prices fell on Wednesday morning in Asia, while the U.S dollar retreated marginally. Gold Futures went down 0.28% to $1,788.35 by 11:08 PM ET. Reduced stimulus and interest rate hikes pushed government bond yields up, translating into a higher opportunity cost for holding bullion. Upbeat corporate earnings and easing […]

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Delhi airport sees record number of passengers after second Covid-19 wave

Delhi airport sees record number of passengers after second Covid-19 wave

October 8, 2021

By Administrator_India Capital Sands Delhi airport hit a new milestone on October 3, when it handled over 125,000 passengers (domestic and international) arriving or taking off. This number is the highest after the country was pummelled by the second wave of the Covid-19 pandemic in April. The country’s largest airport handled 107,300 domestic passengers on that […]

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Rupee at 74.98 against USD, bond mkt shrugs off Moody's outlook upgrade

Rupee at 74.98 against USD, bond mkt shrugs off Moody’s outlook upgrade

October 7, 2021

By Administrator_India Capital Sands The rupee tumbled to the almost 75 a dollar level and the 10-year bond yields remained elevated on Wednesday, shrugging off India’s outlook revision by Moody’s, as international crude oil prices rose to a seven-year high, fuelling concerns about a wider fiscal deficit and rising inflation. The rupee closed at 74.98 a dollar, briefly touching […]

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Walt Disney India head rents apartment in Mumbai for Rs 11.5 lakh per month

Walt Disney India head rents apartment in Mumbai for Rs 11.5 lakh per month

October 6, 2021

By Administrator_India Capital Sands President of The Walt Disney Company India, K Madhavan, has rented an apartment in Mumbai’s posh Pali Hill area for a whopping Rs 11.5 lakh per month, documents accessed. The fully furnished serviced apartment located on the ninth floor of a posh building named Kubelisque, which houses premium apartments in Bandra West, […]

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Max Healthcare plans Rs.1,600 Cr investment to add 1000 beds in Gurugram

October 5, 2021

By Administrator_ India Capital Sands Max Healthcare Institute on Monday said it plans to invest around Rs 1,600 crore to expand its capacity in the national capital region by adding around 1,000 beds in Gurugram, Haryana. The company, “is further fortifying its presence and expanding its bed capacity in NCR by addition of two hospitals of around 500 […]

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Tamil Nadu government opens doors for electric vehicle makers

Tamil Nadu government opens doors for electric vehicle makers

October 4, 2021

By Administrator_India Capital Sands At a time when Tamil Nadu has seen the closure of the Ford India unit, state Industries Minister Thangam Thennarasu said the state was expected to see investment worth around Rs 35 trillion by 2030 and had got projects of about Rs 20,000 crore since the new government took charge in May. Soon after the […]

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