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By Administrator_India Capital Sands Foreign direct investments (FDI) into the country increased 37 per cent in October-December to $26.16 billion, compared to $19.09 billion of inflows in the corresponding period a year ago. Despite the pandemic devastating economies, FDI inflows have risen, indicating the confidence of global investors in India. In the first nine months of FY21, foreign investments were the highest ever, jumping ...
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By Administrator_India Capital Sands Franklin Templeton Mutual Fund (MF), which shut its six schemes in April 2020, is facing the heat from the Enforcement Directorate (ED) and the Securities and Exchange Board of India (Sebi). According to sources, while the ED has registered a money-laundering case against the fund house and eight others, the market regulator has issued a show-cause notice and summons ...
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By Administrator_India Capital Sands An increase in extreme weather events such as floods, droughts and cyclones risk souring debt worth more than Rs 6.19 trillion ($84 billion) at India’s biggest financial institutions. That’s according to leading nonprofit environmental disclosure platform CDP. State Bank of India, the country’s largest lender, HDFC Bank, IndusInd Bank Ltd. and Axis Bank Ltd. are among ...
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By Administrator_India Capital Sands The Nifty futures on Singapore Exchange traded 54 points higher at 14,847 around 8.30 am, indicating a firm start for benchmark indices on Tuesday. Here are the top stocks that are likely to be in focus today: BPCL, OIL, Engineers India: Bharat Petroleum Corporation Ltd (BPCL) said it will exit Numaligarh refinery in Assam by selling its ...
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ONLINE TRADING PLATFORMS MARKET 24×365 AND BINARY OPINION: HOW DO YOU KNOW IF YOU’VE PICKED THE ABSOLUTE BEST OF THE LOT? When it comes to picking a platform to trade, it’s always simpler when you have a checklist on how to pick the right broker! This guide does just that, walking you through everything one should keep in mind. Best trading platform ...
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By Administrator_India Capital Sands A man using a mobile phone walks past Google offices in New York, US. Australia’s laws forcing Google and Facebook to pay for news are ready to take effect, though the laws' architect said it will take time for the digital giants to strike media deals. Australia’s laws forcing Google and Facebook to pay for news ...
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By Administrator_India Capital Sands Hong Kong’s Financial Secretary Paul Chan pledged HK$120 billion ($15.5 billion) of fiscal support for an economy slowly emerging from two years of recession. The counter-cyclical measures will help to stabilize the economy and relieve people’s burden, Chan said in his budget speech to the Legislative Council on Wednesday. The economy is set to grow 3.5%-5.5% ...
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By Administrator_India Capital Sands The first shipment of AstraZeneca-Oxford vaccines by Serum Institute of India (SII) will leave for 25-30 countries under the Covax arrangement by Tuesday, said a senior World Health Organization (WHO) official. Speaking at a webinar on Monday, Soumya Swaminathan, chief scientist at WHO, said, “By tomorrow (Tuesday), the first shipments from India would go out from Serum Institute ...
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By Administrator_India Capital Sands The dollar was down on Monday morning in Asia, falling to a three-year low against the AUD and a three-year low against the GBP as continued progress on curbing the COVID-19 virus boosted risk sentiment. The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched down 0.02% to 90.323 by 9:14 PM ET ...
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By Administrator_India Capital Sands Saudi Arabia plans to increase oil output in the coming months, reversing a recent production cut, the Wall Street Journal reported on Wedn­esday, citing advisers to the country. The world’s largest oil exporter surprised oil markets last month when it said it would unilaterally slash 1 million barrels a day of crude production in February and March in an ...
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