By Administrator_India Capital Sands The global diamond trade had spent years in the doldrums, only to be crippled by the pandemic when started looking up. Now, at last, business is booming again. Factories in the industry’s “engine room” of Surat are so desperate to boost production that the most-skilled cutters and polishers are being head-hunted with offers …
By Administrator_India Capital Sands Facebook executives on Thursday fielded questions from an Indian parliamentary panel about changes to WhatsApp’s privacy policy, days after the country’s technology ministry asked the messaging platform to withdraw them. The committee asked why Facebook needed to change WhatsApp’s privacy terms and how it will impact users, a panel member told reporters on condition …
By Administrator_India Capital Sands Indian-origin Kamala Harris was on Wednesday sworn in as America’s first woman Vice President during a historic inauguration at the West Front of the Capitol. Harris, 56, the 49th US Vice President, will serve as the deputy of President Joe Biden, 78, who also took the oath of office, becoming the 46th US …
By Administrator_India Capital Sands India will start exporting COVID-19 vaccines from January 20, paving the way for many mid- and lower-income countries to get supplies of the easy-to-store Oxford/AstraZeneca drug, of which it plans to ship millions of doses within days. Serum Institute of India (SII), the world’s largest vaccine producer, told Reuters last week …
By Administrator_India Capital Sands Gold steadied as investors awaited commentary from Treasury Secretary nominee Janet Yellen on the dollar and stimulus when she testifies on Capitol Hill a day ahead of Joe Biden’s inauguration as president. Yellen’s Senate confirmation hearing is likely to feature foreign-exchange policy, and will also serve as the first congressional forum …
By administrator_India Capital sands Air quality has been deteriorating across India amid falling temperatures. Over the last three months, the Air Quality Index (AQI) has fallen dangerously low in the northern regions of the country, especially in New Delhi, where it is on the brink of an “emergency” level. While the AQI hovering in the “hazardous” levels (especially …
By Administrator_India Capital Sands The share price of Bharti Airtel rose 5 percent in the morning trade on January 15, a day after MSCI Global Standard Indexes said it will raise the weightage of the telecom operator in the February 2021 quarterly review. National Securities Depository Limited (NSDL, on January 12 had updated the foreign investment limit …
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By Administrator_India Capital Sands Indian companies on average have fared “much better” than their counterparts across the world, amid the COVID-19 pandemic, a study by Cognizant’s Centre for the Future of Work showed. In the region itself, during 2020, 36 percent of Indian companies reported ‘slight negative to very negative impact on business performance’ against the regional …
By Administrator_India Capital Sands The finance ministry has rejected the demand for further extension of the last date for income tax return (ITR) filing beyond February 15 for the ones where audit is required. In December 2020, the government extended the ITR filing deadline for individuals till January 10 and till February 15 for companies. …
