By Administrator_India Capital Sands The dollar rose during the previous session after a recent weak spell, buoyed by expectations that today’s Federal Reserve meeting will pursue a policy of keeping interest rates low and controlling inflation. The greenback’s fall on Wednesday helped gold pull back some of its lost territory. Other actors influencing the precious metal’s price include […]
Read MoreBy Administrator_India Capital Sands The U.S. Dollar Index that tracks the greenback against a basket of other currencies edged down 0.10% to 93.295 by 9:40 PM ET (2:40 AM GMT). The euro also seesawed, initially rising over comments made by ECB President Christine Lagarde emphasized that the bank does not target exchange rates. But Lagarde’s comments […]
Read MoreBy Administrator_India Capital Sands The services on these lines were suspended 171 days ago due to the coronavirus COVID-19 pandemic and the subsequent lockdown imposed by Prime Minister Narendra Modi to curb the spread of the deadly virus in India. Three days after resuming services on the Yellow Line, the Delhi Metro resumed services on […]
Read MoreBy Administrator_India Capital Sands Any contemporary list of cutting-edge military technologies has hypersonic, air-breathing, scramjet vehicles close to the very top. Only three countries — Russia, USA and China — have flown a vehicle in the atmosphere at a hypersonic speed: Six times the speed of sound (Mach 6), or 2 kilometres (km) per second. […]
Read MoreBy Administrator_India Capital Sands Japan may be ready for a snap election after the ruling party picks a new leader later this month and a new prime minister is appointed, an official for the governing Liberal Democratic Party said. Shunichi Suzuki, the LDP general affairs chairman, told a BS TV Tokyo programme on Sunday that […]
Read MoreBy Administrator_India Capital Sands Finance Minister Nirmala Sitharaman on Thursday told banks to put in place by September 15 loan restructuring schemes to rescue all viable business units affected by the Covid-19 pandemic. She was holding a review meeting with heads of scheduled commercial banks and non-banking financial companies through videoconferencing. Top bank executives suggested key changes to the Reserve Bank of […]
Read MoreBy Administrator_India Capital Sands One-fifth of the population in Chennai has been exposed to COVID, said a Sero survey for the transmission of the infection in Greater Chennai Corporation areas. The sample size was around 12,000 to detect a seroprevalence of 2 percent, for a relative precision of 20 per cent design effect of 2.5 […]
Read MoreBy Administrator_India Capital Sands The S&P 500 hovered near record highs on Monday as bets on a rebound in economic activity due to prolonged central bank support put the index on course for its best August in more than three decades. The Federal Reserve’s commitment to tolerate inflation and keep interest rates low, positive developments in […]
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