Facebook signs first deal to buy renewable energy from local firm in India

By Administrator_ India Capital Sands Facebook has signed a deal to buy renewable energy in India from a local firm’s wind power project, the social media giant’s first such deal in the South Asian nation, the companies said on Thursday. The 32-megawatt wind power project, located in southern Karnataka state, is part of a largerRead More →

Gold Down, as Mixed Economic Data Takes Shine off Yellow Metal

By Administrator_ India Capital Sands The U.S. data, including industrial production and retail sales, will be released later in the day. Gold futures edged up 0.14% to $1,738.80 by 11:59 PM ET (3:59 AM GMT). The dollar, which usually moves inversely to gold, hovered near a three-week low on Thursday and U.S. bondRead More →

BSE, NSE shut today on account of Ram Navami

By Administrator_ India Capital Sands Domestic stocks dropped on Monday following the imposition of strict restrictions in Maharashtra to contain the spread of Covid-19 infections, with investors fearing that the resurgence in virus cases could dent the economic recovery and hurt corporate earnings. The benchmark Sensex fell as much as 1,449 points, or 2.9Read More →