By Administrator_ India Capital Sands India’s benchmark indices on Thursday posted their biggest single-day drop in about six months as concerns over inflation, valuations, and policy normalization by the RBI triggered risk-off bets. The sentiment was further dented by Morgan Stanley’s downgrading of Indian equities, becoming the latest foreign brokerage […]
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WHO seeks additional clarification from Bharat Biotech, decision on November 3
By Administrator_ India Capital Sands The technical advisory group of the World Health Organisation on October 26 sought “additional clarifications” from Bharat Biotech to conduct a final “risk-benefit assessment” for Emergency Use Listing of its COVID-19 vaccine. The statement came hours after WHO official Dr. Margaret Harris had said that a recommendation […]
Government plans to slap higher penalty for cruelty against animals
By Administrator_ India Capital Sands The government plans to introduce a higher penalty and jail term for people perpetrating cruelty against animals and a draft bill to amend the existing law is likely to come up in the next Parliament session. At present, perpetrators of such acts often get away unscathed as […]
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 — energy security — that could have ramifications for the power system for years to come. To avoid repeats of the chaos ravaging the world’s second biggest economy, the country will […]
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 on Liquefied Petroleum Gas (LPG or cooking gas) will be reinstated. According to a senior government official in the know, a survey is currently being conducted to determine the price […]
PM Narendra Modi clocks 20 meetings in his 65-hour stay in US
By Administrator_ India Capital Sands Prime Minister Narendra Modi, who returned to India from the US on Sunday, attended 20 meetings during his 65-hour visit, government sources said. He also had four long meetings in flights with officials on the way to and back from the US, they added. Sharing […]
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 back of high growth in the current account and savings account deposits, RBI data showed. The share of CASA deposits increased to 43.7 percent in March 2021 compared to 41.7 […]
New WHO air-quality guidelines aim to cut millions of deaths linked to fossil fuels
By Administrator_India Capital Sands The World Health Organisation (WHO) on Wednesday issued its first air quality guidelines since 2005 aimed at reducing deaths from key pollutants that cause cardiovascular and respiratory diseases. The United Nations agency, in advice to its 194 member states, slashed the recommended maximum levels for several […]
Airtel hikes prices of plans offering Disney +Hotstar subscription
By Administrator_India Capital Sands Telecom operator Bharti Airtel hiked prices of mobile prepaid and home broadband plans that come bundled with Disney+Hotstar subscription due to changes in pricing made by the entertainment app. Airtel has increased the price of prepaid mobile plans with Disney+Hotstar to Rs 499 from Rs 448 with 28 days validity; […]
UK bans Chinese envoy from House; Beijing slams ‘cowardly’ move
By Administrator_ India Capital Sands China’s Ambassador to the UK Zheng Zeguang has been barred from the UK Parliament over sanctions imposed on some British MPs for their remarks on alleged human rights violations against Uyghur minorities in Xinjiang, triggering an angry condemnation from the Chinese Embassy here. Zeguang was due to attend a […]