Based on inflationary pressures, supply-chain challenges, and geopolitical concerns resulting from Russia’s invasion of Ukraine, the World Bank decreased India’s real gross domestic product (GDP) growth...
Continue reading...Economy
With a 5.3 percent rise, jet fuel costs are at an all-time high; this is the tenth increase this year
In keeping with a jump in global energy costs, jet fuel prices were boosted by a whopping 5.3 percent on Monday, marking the ninth consecutive increase...
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Prime Minister Modi, India has the world’s fastest-growing start-up ecosystem
India’s use of semi-conductors is predicted to exceed USD 110 billion by 2030, according to Prime Minister Narendra Modi, and the country has the world’s fastest-growing...
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India, Nepal agree to form joint task force on building hydropower project
India and Nepal on Thursday agreed to form a joint task force on a proposal to construct a hydropower project from investments of the two neighboring countries. The...
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India-UAE deal on Friday to double bilateral trade to $100 billion
India and the United Arab Emirates (UAE) will on Friday sign a Comprehensive Economic Partnership Agreement (CEPA), with an aim to more than double the bilateral...
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Asian shares rise after consumer confidence boosts Nasdaq to record high
By Administrator_India Capital Sands Asian shares rose and a gauge of global equities hovered near record highs on Wednesday after rising consumer confidence in economic recovery...
Continue reading... Asian shares shake off U.S. tax worries, cryptocurrencies plunge
By Administrator_India Capital Sands A key gauge of Asian shares rose on Friday, supported by gains in China and a decision by the European Central Bank...
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Japan gathering information on Nomura, MUFG losses linked to U.S. client
By Administrator_India Capital Sands Japan is looking into the financial losses incurred by MUFG and Nomura through deals related to an unnamed U.S. client, and will...
Continue reading...Household debt soars to 37.1% of GDP, savings plunge 10.4% in Q2: RBI report
By Administrator_India Capital Sands The year-long pandemic left households more indebted, which has sharply jumped to 37.1 per cent of GDP in Q2 of FY21, while...
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US Treasury Secretary Janet Yellen speaks with FM Nirmala Sitharaman
By Administrator_India Capital Sands US Treasury Secretary Janet Yellen has spoken over phone with Finance Minister Nirmala Sitharaman during which she appreciated India’s role as a...
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