The Delhi High Court (HC) put an order by the central bank against the debt recast of shadow lender Religare Finvest on hold until the next hearing. Religare Finvest, a fully-owned unit of Religare Enterprises (REL), said it filed a petition in the Delhi…
Category: India
The Reserve Bank of India (RBI) has decided to prematurely redeem sovereign gold bonds (SGBs), which were issued in 2016 at a price of Rs 4,813 per unit of SGB. Under central government rules, the premature redemption is permitted after the fifth year from…
Prime Minister Narendra Modi on Sunday paid floral tributes to Mahatma Gandhi on his death anniversary at Gandhi Smriti in Delhi. Earlier in the day, Prime Minister Modi paid floral tribute to Mahatma Gandhi at Rajghat on the 74th death anniversary of the father of the…
India is back on the diplomatic table pushing oil producing countries to raise production in a bid to cool down runaway oil prices. Brent crude oil prices traded above $90 a barrel, on Thursday, for the first time since 2014. Brent is the most…
Gold consolidated above the key $1,800 per ounce level on Tuesday, after a sharp retreat in the last session, as some investors sought cover from pandemic-led uncertainty, inflation and its likely impact on the US Federal Reserve’s rate hike trajectory. But…
By Administrator_India Capital Sands Bengaluru: Police stand guard in front of Krantiveer Sangoli Rayanna statue during a protest against the vandalisation of Rayanna statue in Belagavi (PTI) The Karnataka police has extended Section 144 Code of Criminal Procedure (CrPC) in Belagavi…
By Administrator_India Capital Sands Odisha experienced light to moderate rainfall as cyclone Gulab made landfall at a place in Andhra Pradesh, about 95 kilometres from Gopalpur in the state where a large number of people have been evacuated as a…
By Administrator_India Capital Sands Amid the fears of a possible COVID-19 third wave, some states have banned public celebration of Ganesh Chaturthi to prevent large gatherings. Maharashtra The Maharashtra government has now prohibited any physical ‘darshan’ of Ganesh idols or…
By Administrator_India Capital Sands The Indian pavilion at the Expo 2020 Dubai will feature the country’s fightback against COVID-19 and its emergence as a global business hub presenting huge opportunities for the world, according to the Ministry of Commerce and…
By Administrator_India Capital Sands Canada will extend its ban on arriving passenger flights from India to September 21 because of the risks posed by COVID-19, the federal transport ministry said in a statement. The ban was first imposed on April…