India’s 2022 steel consumption seen strong amid muted prices, infra push
The government’s thrust on infrastructure, coupled with an increase in demand from the construction, engineering, and other sectors, is expected to push up domestic steel consumption in 2022, according to brokerages and rating agencies. The country’s consumption is expected to jump to 111 million tonnes (mt) in calendar year 2022 (CY22) after a severely impacted CY20, which […]
Alka Mittal becomes first woman to head ONGC as CMD
Alka Mittal, director of human resources at energy major Oil and Natural Gas Company (ONGC), has been given the additional charge of chairman and managing director, the company announced on January 3. With this appointment, Mittal has become the first woman ever to head ONGC as its CMD. She will hold the post for six months or until […]
West Bengal announces fresh curbs, restricts flights from Mumbai, Delhi
The West Bengal government on Sunday said flights from Mumbai and Delhi were being restricted to twice a week from January 5 as new Covid cases in the state mounted to 6,153 from 1,089 on December 29. In a letter to the civil aviation ministry, the state government said that in view of the rising Covid cases […]
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 and a high base effect. Inflation based on the Consumer Price Index (CPI) remained within the Reserve Bank of India (RBI)’s tolerance band for the […]
India’s first Covid-19 patient tests positive again for coronavirus
By Administrator_ India Capital Sands A woman medico, who was India’s first COVID-19 case, has tested positive again for the virus, health authorities said here on Tuesday. “She is reinfected with COVID-19. Her RT-PCR is positive, the antigen is negative. She is asymptomatic,” Thrissur DMO Dr. K J Reena told PTI. Her samples were tested […]
India registers record 4,205 COVID-19 deaths in 24 hours, adds 3.48 lakh new cases
By Administrator_ India Capital Sands India witnessed a record 4,205 COVID-19 deaths in the last 24 hours and registered 3.48 lakh new cases, as per the Union Health Ministry’s data on Wednesday (May 12, 2021). India’s death toll has now climbed to 2.54 lakh, while the total caseload has mounted to 2.33 crore after 3,48,421 […]
India closing in on Brazil in daily coronavirus deaths :Second wave
By Administrator_ India Capital Sands India’s rising death toll is putting it on course to become the country with the highest daily death toll, shows an analysis of international numbers collated by tracker ‘Our World in Data. This comes even as both countries have seen a surge in the number of daily deaths recorded. The […]
PM Narendra Modi to inaugurate ‘Maitri Setu’ between India, Bangladesh today
By Administrator_ India Capital Sands Prime Minister Narendra Modi will inaugurate the ‘Maitri Setu’ — a bridge built over the Feni River — between India and Bangladesh on March 9. The prime minister will inaugurate the bridge at 12.00 pm via video conferencing, the Prime Minister’s Office (PMO) said in a statement. The 1.9-kilometer bridge […]
India Go On Top Of World Test Championship Table With Historic Win At Gabba
By Administrator_ India Capital Sands The Gabba in Brisbane is arguably Australia’s most beloved ground, having not lost a Test there in 32 years before India came knocking on the door. Ahead of the start of the fourth and final Test, India lost their two premier bowlers in Jasprit Bumrah and Ravichandran Ashwin to add to the long list of […]
US puts India on currency watch list, labels Switzerland as manipulator
By Administrator_ India Capital Sands The US Treasury labeled Switzerland and Vietnam as currency manipulators on Wednesday and added India, Taiwan and Thailand to a watch list of countries it suspects of taking measures to devalue their currencies against the dollar. The “monitoring list” of countries has now hit 10. Others on the list include China, Japan, Korea, Germany, Italy, Singapore […]