Bharat Biotech reduces price of Covaxin for states to Rs 400 per dose
Posted on: April 30, 2021 Posted by: Administrator_India Comments: 0

Bharat Biotech reduces price of Covaxin for states to Rs 400 per dose

By Administrator_India Capital Sands Taking cue from Serum Insistute of India, Hyderbad-based Bharat Biotech on Thursday reduced price of its coronavirus vaccine, Covaxin, for states to Rs 400 per dose from Rs 600. This follows a widespread criticism of its pricing policy as it sold Covaxin to the central government at Rs 150 per dose. “Recognising the enormous challenges in the public healthcare system, we have made Covaxin available to state governments…

Vaccine inequity deepens in young: 85% of those jabbed are in just seven states
Posted on: April 29, 2021 Posted by: Administrator_India Comments: 0

US tells citizens to leave India as Covid-19 overwhelms hospitals

By Administrator_India Capital Sands The U.S. government told its citizens to leave India as soon as possible because of the country’s escalating Covid-19 crisis. In a Level 4 travel advisory — the highest issued by the Department of State — U.S. citizens were told “not to travel to India or to leave as soon as it is safe to do so.” There are 14 direct daily flights between India and…

Stocks To Watch: Tech Mahindra, HDFC Life Insurance, SBI Cards and Payment
Posted on: April 27, 2021 Posted by: Administrator_India Comments: 0

Stocks To Watch: Tech Mahindra, HDFC Life Insurance, SBI Cards and Payment

By Administrator_India Capital Sands The stock markets are likely to open flat, post the 1 per cent rally witnessed in the previous session, going by global market cues. Trends on SGX Nifty indicate a muted start for the index in India. At 7:30 am, the Nifty futures were trading virtually unchanged at 14,485 on the Singapore Stock Exchange. The markets are, however, likely to remain volatilile due to the ongoing…

Asian shares pulled higher by China, eyes on Fed, U.S. GDP
Posted on: April 26, 2021 Posted by: Administrator_India Comments: 0

Asian shares pulled higher by China, eyes on Fed, U.S. GDP

By Administrator_India Capital Sands Asian stocks rose on Monday with Chinese shares near three-week highs as signs the world economic recovery was well on track bolstered risk appetite, while the U.S. dollar slipped to a two-month low. MSCI’s broadest index of Asia-Pacific shares outside Japan jumped 0.3% to surpass critical chart resistance of 700 points and reach its highest since March 18. The index has had a strong run lately…

Amid startup boom, second COVID-19 wave plays spoilsport
Posted on: April 23, 2021 Posted by: Administrator_India Comments: 0

Amid startup boom, second COVID-19 wave plays spoilsport

By Administrator_India Capital Sands Indian startups have been on an unprecedented tear, growing and raising money like never before, even prompting questions about a valuation bubble, but the second wave of the coronavirus infections now threatens to derail some of that momentum. A number of startups in Mumbai, Bengaluru, Hyderabad and Delhi have seen dozens of employees test positive for the virus, and in many cases, key leaders and even founders have…

What is a Trading Platform?
Posted on: April 22, 2021 Posted by: Administrator_India Comments: 0

What is a Trading Platform?

A trading platform is a software used for trading: opening, closing, and managing market positions through a financial intermediary such as an online broker. Online trading platforms are frequently offered by brokers either for free or at a discount rate in exchange for maintaining a funded account and/or making a specified number of trades per month. The best trading platforms offer a mix of robust features and low fees. KEY…

Asian Stocks Mixed, Investors Digest Yellen Interest Rate Comments
Posted on: April 21, 2021 Posted by: Administrator_India Comments: 0

Asian stocks fall as virus worries return to haunt markets

By Administrator_India Capital Sands Asian shares and U.S. stock futures fell on Wednesday as concern about a resurgence of coronavirus cases in some countries cast doubt on the strength of global growth and demand for crude oil. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.6%. Australian stocks dropped 1.25% and shares in China were down 0.46%. Stocks in Tokyo slumped by 1.79% due the growing likelihood that Tokyo,…

Fed rhetoric restrains dollar as traders eye inflation
Posted on: April 20, 2021 Posted by: Administrator_India Comments: 0

Dollar Recovery Over, but Fed Could Spark Second Wave of Strength

By Administrator_India Capital Sands The dollar fell sharply against its rivals Monday as analysts declared the recovery in the greenback over, but stopped short of ruling out a “second wave” of strength on worries the Federal Reserve could raise rates sooner than expected. The U.S. dollar index, which measures the greenback against a trade-weighted basket of six major currencies, fell by 0.50% to 91.08. “The short-term recovery of the dollar is…

Rajasthan govt orders closure of offices, markets till May 3
Posted on: April 19, 2021 Posted by: Administrator_India Comments: 0

Rajasthan govt orders closure of offices, markets till May 3

By Administrator_India Capital Sands In a bid to contain the spread of coronavirus, the Rajasthan government ordered the closure of offices and markets from Monday to May 3, according to a release. Called the Jan Anushasan Pakhwada” (public discipline fortnight), only shops and offices providing essential services will open during the 15-day period, the release issued by Home Secretary Abhay Kumar said. The sale of fruits and vegetables will be…

Asian Stocks Mixed, Investors Digest Yellen Interest Rate Comments
Posted on: April 16, 2021 Posted by: Administrator_India Comments: 0

Wipro surges 6%, nears record high on healthy March quarter results

By Administrator_India Capital Sands Shares of Wipro rallied 6 per cent to Rs 456 on the BSE in intra-day trade on Friday after the company reported a healthy IT services revenue growth and margins in the March quarter (Q4FY21). The stock hit its record high of Rs 467, in intra-day trade on January 13. The company’s consolidated net profit grew 27.78 per cent year-on-year (YoY) at Rs 2,972 crore, as against Rs…