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Dollar bides time below two-month highs before payrolls test

Dollar subdued as investors look to key U.S. inflation gauge

By Administrator_India Capital Sands The U.S. dollar was subdued on Tuesday as investors looked to U.S. inflation data due later in the week after softer-than-expected jobs data quelled expectations of an early tapering in the Federal Reserve’s stimulus. The euro fetched $1.21915, bouncing back from its three-week low of $1.2104 set on Friday while the …

Oil rises on big decline in U.S. crude stocks

West Bengal to cut taxes on petrol, diesel price by Re 1 per litre

By Administrator_India Capital Sands The West Bengal government has decided to cut taxes on petrol and diesel price by one rupee a litre effective Monday midnight. West Bengal finance minister, Amit Mitra, said that despite Amphan, Covid-related stress and dues from the Centre running into Rs 77,000 crore, the state government has decided to cut petrol and diesel prices by one rupee a litre. This will …


India’s January trade deficit narrows to $14.54 bn, exports rise 6.16%

By Administrator_India Capital Sands India’s exports expanded for the second consecutive month in January and the third time this fiscal year, led by robust growth in the non-oil and non-jewellery segments, indicating manufacturing activity revival. Imports also grew for the second straight month, signifying recovery in domestic demand, but led to widening of trade deficit compared to …