By Administrator_India Capital Sands Indranil Pan, Chief Economist at YES Bank Inflation has been running red hot in many economies of the world. However, Covid-19 was expected to have slowed consumption and built up precautionary savings. The messaging from the…
By Administrator_India Capital Sands Fuel prices kept on breaking records with petrol being raised by 26 to 30 paise and diesel by 34 to 37 paise across the country on Wednesday on the back of crude oil soaring to 2014…
By Administrator_India Capital Sands Facebook Inc blamed a “faulty configuration change” for a nearly six-hour outage on Monday that prevented the company’s 3.5 billion users from accessing its social media and messaging services such as WhatsApp, Instagram and Messenger. The…
By Administrator_India Capital Sands E-commerce majors Flipkart and Amazon India on Sunday said they have witnessed a strong start to this year’s festive sale, with demand from tier-II and -III cities driving the momentum. Walmart-owned Flipkart on Sunday said early…
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 The dollar was up on Friday morning in Asia, but remained near its lowest level in a week. Improving risk sentiment, as concerns about contagion from a potential China Evergrande Group default eased somewhat, erased the…
By Administrator_India Capital Sands The Indian equity benchmarks are set to open lower as indicated by the Nifty futures traded on the Singapore Exchange. Nifty futures on Singapore Exchange also known as the SGX Nifty futures fell 0.2 per cent…
By Administrator_India Capital Sands Oil prices rose on Tuesday as analysts pointed to signs of U.S. supply tightness, ending days of losses as global markets remain haunted by the potential impact on China’s economy of a crisis at heavily indebted property…
By Administrator_India Capital Sands Debt-ridden telecom operator Vodafone Idea on Sunday claimed to have recorded a peak speed of 3.7 gigabit per second (gbps), highest by any operator in India, during 5G trials in Pune. The company also claimed to have recorded 1.5 gbps…
By Administrator_India Capital Sands The dollar held near three-week highs against a basket of major currencies on Friday after a raft of strong U.S. economic data rekindled expectations for earlier policy tightening by the U.S. Federal Reserve. U.S. retail sales…