Long-awaited 5G spectrum auction expected in April-May 2022: Official
The long-awaited 5G spectrum auction is expected to be held in May this year if the Telecom Regulatory Authority of India (Trai)...
Economic News
RBI may hike reverse repo rate by 0.25% in next week’s policy
The Monetary Policy Committee (MPC) may go for a hike of up to 0.25 per cent in the reverse repo...
Power consumption grows 2.6% in January
India’s power consumption grew marginally at 2.6 per cent year-on-year in January to 112.67 billion units (BU), showing the impact...
China’s energy crisis highlights weaknesses in Xi’s power plans
By Administrator_ India Capital Sands China’s energy crisis has highlighted weaknesses in one of President Xi Jinping’s top priorities --...
Oil Ministry mulls reinstating subsidized LPG prices
By Administrator_ India Capital Sands The Ministry of Petroleum and Natural Gas is evaluating a threshold at which the subsidy...
Bank deposits rise 12% in FY21 on higher CASA growth
By Administrator_India Capital Sands Bank deposits grew 11.9 percent year-on-year during 2020-21 compared to 8.8 percent in 2019-20 on the...
State Bank of India to cut base rate by 5 bps to 7.45%, reduce PLR
By Administrator_ India Capital Sands Ahead of the festive season, the country’s largest lender, State Bank of India (SBI), has...
India’s retail inflation eases to four-month low of 5.3% in August
By Administrator_ India Capital Sands Retail inflation cooled to a four-month low of 5.3 percent in August from 5.59 percent in...
PM announces Rs. 11,000 cr plan to make India self-sufficient in edible oil
By Administrator_ India Capital Sands As India’s import dependency on edible oil continues to rise, Prime Minister Narendra Modi, today announced an Rs...
ADB lowers India’s economic growth forecast for this fiscal to 10%
By Administrator_ India Capital Sands The Asian Development Bank has downgraded India's economic growth forecast for the current financial year...
