September 2021 - Everything-Gulf

Economy

Oil Ministry mulls reinstating subsidized LPG prices

Administrator_IndiaSeptember 28, 2021

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...

Political News

PM Narendra Modi clocks 20 meetings in his 65-hour stay in US

Administrator_IndiaSeptember 27, 2021

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...

Economy

Bank deposits rise 12% in FY21 on higher CASA growth

Administrator_IndiaSeptember 24, 2021

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...

Environment

New WHO air-quality guidelines aim to cut millions of deaths linked to fossil fuels

Administrator_IndiaSeptember 23, 2021

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...

Business

Airtel hikes prices of plans offering Disney +Hotstar subscription

Administrator_IndiaSeptember 17, 2021

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...

International

UK bans Chinese envoy from House; Beijing slams ‘cowardly’ move

Administrator_IndiaSeptember 16, 2021

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...

Economic News

State Bank of India to cut base rate by 5 bps to 7.45%, reduce PLR

Administrator_IndiaSeptember 15, 2021

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...

Economy

India’s retail inflation eases to four-month low of 5.3% in August

Administrator_IndiaSeptember 14, 2021

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...

Commodities

Oil Up, Hits One-Week High as Recovery from Ida Damage Drags On

Administrator_IndiaSeptember 13, 2021

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...

International

European banks still booking profits in tax havens, says report

Administrator_IndiaSeptember 7, 2021

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...

Month: September 2021

Oil Ministry mulls reinstating subsidized LPG prices

PM Narendra Modi clocks 20 meetings in his 65-hour stay in US

Bank deposits rise 12% in FY21 on higher CASA growth

New WHO air-quality guidelines aim to cut millions of deaths linked to fossil fuels

Airtel hikes prices of plans offering Disney +Hotstar subscription

UK bans Chinese envoy from House; Beijing slams ‘cowardly’ move

State Bank of India to cut base rate by 5 bps to 7.45%, reduce PLR

India’s retail inflation eases to four-month low of 5.3% in August

Oil Up, Hits One-Week High as Recovery from Ida Damage Drags On

European banks still booking profits in tax havens, says report

Dollar Subdued Ahead of Fed Decision; Sterling Rise on CPI jump

European Stock Futures Mixed; U.K. Inflation Climbs Ahead of Fed Rate Decision

Gold Prices Muted Ahead of Fed Meeting as Safe Haven Appeal Wanes

Asia FX Dips, Dollar Steadies As Fed Meeting Looms

Dollar Subdued Ahead of Fed Decision; Sterling Rise on CPI jump

European Stock Futures Mixed; U.K. Inflation Climbs Ahead of Fed Rate Decision

Gold Prices Muted Ahead of Fed Meeting as Safe Haven Appeal Wanes

Asia FX Dips, Dollar Steadies As Fed Meeting Looms

Asia FX Dips, Dollar Steadies As Fed Meeting Looms

Gold Prices Face Resistance At $2,000 As Fed Meeting Looms

European Stocks Lower; Banking Sector Slumps After Swiss Consolidation

Bitcoin Near 9-Month High As Bank Turmoil Sparks Rally

Vaccine Makers Prep Bird Flu Shot For Humans ‘Just in Case’; Rich Nations Lock in Supplies

Credit Suisse Lifeline, First Republic Rescue: What You Need To Know

Dollar Retreats as Banking Support Prompts Relief Rally

Oil Prices Rise On OPEC+ Hopes, But Set For Steep Weekly Losses