By Administrator_India Capital Sands Walmart-owned Flipkart’s employees will return to office thrice a week starting December 2021, as it looks to vaccinate all of its employees and move to a hybrid working model. Flipkart CEO Kalyan Krishnamurthy made the announcement…
By Administrator_India Capital Sands India’s retail inflation eased marginally to 6.26 per cent in June from 6.30 per cent in the previous month owing to moderation in rural inflation, even as it remained above the upper range of the Reserve Bank of…
By Administrator_India Capital Sands The dollar was up on Monday morning in Asia. Risk currencies remained above their recent lows against both the U.S. currency and the yen as investor fears of a slowdown in the global economic recovery from…
By Administrator_India Capital Sands Oil was down Friday morning in Asia even as data released on Thursday said U.S. fuel inventories fell and demand surged as economic recovery drove consumption. Brent oil futures fell 0.32% to $73.88 by 10:10 PM ET (2:10 AM…
By Administrator_India Capital Sands The Indian equity benchmarks were little changed on Thursday ahead of weekly expiry if index futures and option contracts as gains in information technology heavyweights like Infosys, TCS, Tech Mahindra and HCL Technologies were offset with…
By Administrator_India Capital Sands Legendary actor Mohammed Yusuf Khan, known professionally as Dilip Kumar, passed away on July 7 due to prolonged illness. He was 98 years old. The news of Kumar’s demise was confirmed by Dr. Jalil Parkar, the pulmonologist treating…
By Administrator_India Capital Sands The Securities and Exchange Board of India (Sebi) on Monday issued a detailed framework for penalising market infrastructure institutions (MIIs), which include stock exchanges, clearing corporations, and depositories, for technical glitches. “MIIs are systemically important institutions…
By Administrator_India Capital Sands The dollar took a breather on Monday, after recent gains ran into a speed bump when details of last week’s U.S. jobs report soothed jitters about the timing of U.S. interest rate hikes. While the headline…
By Administrator_India Capital Sands Job vacancies in Australia hit record highs in the May quarter to be 57% above pre-pandemic levels, while businesses in all sectors reported difficulties in finding workers in a rapidly growing economy. In a major boost…
By Administrator_India Capital Sands Early indications suggest the bulls are likely to return to Street after a two-day hiatus as the global setup remains positive, while approval by the Drugs Controller General of India (DCGI) to a fourth Covid vaccine,…