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India’s Covid-19 vaccination challenge needs a private sector helping hand
By Administrator_India Capital Sands The Indian state faces one of the world’s most formidable challenges: rolling out a Covid-19 vaccination program for 1.3 billion people. To succeed, many things have to go right in a country that usually gets a lot wrong. The government would be wise to enlist the country’s private sector in this …
IMD predicts intense wet spell across north India, issues Yellow alert for Himachal Pradesh
By Administrator_India Capital Sands North India is likely to witness an intense wet spell till Tuesday (January 5), with fairly widespread precipitation accompanied with thunderstorm, lightning and hailstorm at isolated places, the India Meteorological Department (IMD) said. After the wet spell, fresh northerly-northwesterly winds are likely to set in over the plains of northwest India, …
No New Year’s Eve celebrations in Delhi: Night curfew imposed amid new COVID-19 strain scare
By Administrator_India Capital Sands Delhi, on December 3, announced a curfew in the city on New Year’s Eve. The Delhi Disaster Management Authority (DDMA) restricted assembly of more than five people at public places. As per the order, no celebratory events, congregations and gatherings at public places will be permitted from 11 pm of December …
India said to plan spending boost to counter Covid-19 impact
By Administrator_India Capital Sands India is set to swing from being a cautious spender in 2020 to opening the fiscal floodgates as Prime Minister Narendra Modi seeks to pull Asia’s third-biggest economy bank from the worst of the pandemic. Curbs imposed by the finance ministry on more than 80 government departments and ministries earlier in …
HDFC Bank may appoint new chairman in Jan as Gopinath’s tenure set to end
By Administrator_India Capital Sands After change of guard at the chief executive position in October 2020, there is a possibility that the country’s largest private lender, HDFC Bank, may have a new chairman in January next year. The tenure of current part-time Chairman Shyamala Gopinath will end on January 1. Gopinath, former deputy governor of …
Dollar dithers in thin trade as Trump passes pandemic aid package
By Administrator_India Capital sands The dollar shrugged off news of President Trump relenting on a threat to block a COVID-19 aid bill in thin trading on Monday with many investors on holiday. The pound hovered below a 2 1/2-year high in the Asian session following the agreement last week of a narrow Brexit trade deal …
Oil rises on US inventory draw, Brexit deal hopes
By Administrator_India Capital Sands Oil extended gains on Thursday as a drawdown in U.S. stockpiles of crude and gasoline lifted demand hopes, while investors also cheered a potential Brexit trade deal. U.S. West Texas Intermediate (WTI) crude futures rose 18 cents, or 0.4%, to $48.30 a barrel by 0124 GMT, while Brent crude futures climbed …
Britain, Canada strike short-term deal to avoid post-Brexit tariffs
By Administrator_India Capital Sands Canada and Britain said they struck a short-term deal on Tuesday to ensure that free trade between the two after Brexit can continue until the Canadian parliament approves a new bilateral agreement. As Britain prepares to end its transition out of the European Union on Dec. 31, it has negotiated many …
PM Modi to be chief guest at AMU’s centenary celebrations
By Administrator_India Capital Sands Prime Minister Narendra Modi will be the chief guest at the virtual centenary celebrations of Aligarh Muslim University today, the first time in over five decades that a PM will attend an AMU event. A university official on Saturday said Modi will release a special postal stamp to mark the occasion. …