By Administrator_ India Capital Sands Pushed up by the double-digit food inflation, the retail price inflation rate rose to an eight-month high of 7.34 per cent in September from 6.69 per cent in August. This was the sixth consecutive month that the inflation rate remained above the Reserve Bank of India’s (RBI’s) comfort zoneRead More →

By Administrator_ India Capital Sands For decades, diesel has underpinned India’s economic growth and the fortunes of its refiners, but the pandemic has caused the nation’s most consumed fuel to lose some of its luster. Since Covid-19-lockdowns have eased across India, diesel consumption has trailed the rebound in gasoline with trucks remaining idle amidRead More →

By Administrator_India Capital Sands   Asian shares climbed to a seven-month peak on Wednesday tracking the S&P 500, which scaled all-time highs driven by ever expanding policy stimulus aimed at cushioning the blow to economies from the coronavirus pandemic. MSCI’s broadest index of Asia-Pacific shares outside of Japan rose 0.3%,Read More →

By Administrator_India Capital Sands   Last week began with gold trading near record high levels, although a few factors along the way started to turn around, including hopes for a COVID-19 vaccine, rise in treasury yields, strong dollar and positive economic data. There are no words which can describe lastRead More →

By Administrator_India Capital Sands   China’s retail sales slipped in July, dashing expectations for a modest rise, as consumers in the world’s second-largest economy failed to shake off wariness about the coronavirus, while the recovery in the factory sector struggled to gain momentum. Asian markets pulled back on Friday followingRead More →

By Administrator_India Capital Sands Asian shares tumbled on Friday after U.S. President Donald Trump ratcheted up already-heightened tensions with Beijing by banning U.S. transactions with China’s tech giant Tencent as well as ByteDance, the owner of video-sharing app TikTok. MSCI’s broadest index of Asia-Pacific shares outside Japan lost 1% and HongRead More →

By Administrator_India Capital Sands   Indian shares scaled near four-month highs on Friday, as upbeat data from the United States and China outweighed concerns about surging domestic cases of the novel coronavirus, while Reliance Industries climbed after Intel invested in its digital unit. The benchmark indexes rose for a thirdRead More →