Oil Ministry mulls reinstating subsidized LPG prices
By Administrator_ India Capital Sands The Ministry of Petroleum and Natural Gas is evaluating a threshold at which the subsidy on Liquefied Petroleum Gas (LPG or cooking gas) will be...
PM Narendra Modi clocks 20 meetings in his 65-hour stay in US
By Administrator_ India Capital Sands Prime Minister Narendra Modi, who returned to India from the US on Sunday, attended 20 meetings during his 65-hour visit, government sources said. He also...
Bank deposits rise 12% in FY21 on higher CASA growth
By Administrator_India Capital Sands Bank deposits grew 11.9 percent year-on-year during 2020-21 compared to 8.8 percent in 2019-20 on the back of high growth in the current account and savings...
New WHO air-quality guidelines aim to cut millions of deaths linked to fossil fuels
By Administrator_India Capital Sands The World Health Organisation (WHO) on Wednesday issued its first air quality guidelines since 2005 aimed at reducing deaths from key pollutants that cause cardiovascular and...
Airtel hikes prices of plans offering Disney +Hotstar subscription
By Administrator_India Capital Sands Telecom operator Bharti Airtel hiked prices of mobile prepaid and home broadband plans that come bundled with Disney+Hotstar subscription due to changes in pricing made by the entertainment app. Airtel...
UK bans Chinese envoy from House; Beijing slams ‘cowardly’ move
By Administrator_ India Capital Sands China's Ambassador to the UK Zheng Zeguang has been barred from the UK Parliament over sanctions imposed on some British MPs for their remarks on alleged human rights violations...
State Bank of India to cut base rate by 5 bps to 7.45%, reduce PLR
By Administrator_ India Capital Sands Ahead of the festive season, the country’s largest lender, State Bank of India (SBI), has decided to cut its base lending rate by 5 basis...
India’s retail inflation eases to four-month low of 5.3% in August
By Administrator_ India Capital Sands Retail inflation cooled to a four-month low of 5.3 percent in August from 5.59 percent in the previous month, led by subdued prices of food articles...
Oil Up, Hits One-Week High as Recovery from Ida Damage Drags On
By Administrator_ India Capital Sands Oil was up Monday morning in Asia, hitting a one-week high in a second consecutive session of gains. Continuous concerns about U.S. supplies, with the...
European banks still booking profits in tax havens, says report
By Administrator_ India Capital Sands Top banks in Europe continue to use tax havens to book chunks of profits, a trend that has changed little since 2014 despite country-by-country disclosures becoming mandatory, the EU...