Gold edges up on Delta virus threat, lower US bond yields

By Administrator_ India Capital Sands Gold prices edged higher on Monday, lifted by a retreat in U.S. Treasury yields and concerns that a surge in coronavirus cases could dampen global economic recovery, though an uptick in the dollar limited gains for the safe-haven metal. Spot gold was up

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Fed to shutter pandemic support asset purchases by end-2022

By Administrator_ India Capital Sands The Federal Reserve will shutter its asset purchases program by the end-2022, according to a Reuters poll, with a few more economists now predicting a rate hike as early as next year, but they pegged new COVID-19 variants as the biggest economic risk.

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PM Modi to inaugurate 5-star hotel atop Gandhinagar train station

By Administrator_ India Capital Sands PM Narendra Modi will virtually inaugurate a newly-built five-star hotel atop the redeveloped Gandhinagar railway station and a host of other big-ticket projects on July 16, said the Gujarat government. The redevelopment of the existing railway station in Gandhinagar and construction of the

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Delhi-NCR likely to see light rain with thunderstorm today

By Administrator_ India Capital Sands People in Delhi-NCR may get respite from high humidity today, as the weather department said the conditions are favorable for the advance of the monsoon over the national capital. In another statement, IMD said, “Thunderstorm with light to moderate intensity rain and winds with speed of

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Asia shares bounce as mood shifts, sentiment fickle

By Administrator_India Capital Sands Asian shares were enjoying a relief rally on Monday as record highs on Wall Street and policy easing in China helped calm some of the recent jitters on global growth, though plenty of potential pitfalls lay ahead this week. In the United States, inflation

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Gold Up, Looks to End Week With Third Consecutive Weekly Gain

By Administrator_India Capital Sands Gold was up on Friday morning in Asia and is set to end the week with its third consecutive weekly gain. A drop in U.S. Treasury yields also gave the safe-haven yellow metal a boost while the dollar, which usually moves inversely to gold, inched

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Petrol price crosses Rs 100/liter mark in Delhi

By Administrator_India Capital Sands Petrol price on Wednesday crossed the Rs 100-a-litre mark after fuel prices were increased in line with firming international oil trends. Petrol price was increased by 35 paise per litre and diesel by 23 paise a litre, according to a price notification of state-owned fuel retailers.

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Good news for pilgrims! IRCTC to operate ‘Char Dham Yatra’ special train

By Administrator_ India Capital Sands In view of declining cases of coronavirus across the country, the Indian Railways has decided to operate a special train in September covering several top tourist destinations, including Char Dham–Badrinath, Jagannath Puri, Rameshwaram, and Dwarkadhish. After the great popularity and success of the

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Gold prices modestly lower on sharp appreciation in rupee

By Administrator_ India Capital Sands Gold prices fell marginally by Rs 128 to Rs 47,459 per 10 gram at the Mumbai retail market on a sharp recovery in rupee and increased appetite for risky assets. The precious metal marginally rose in the global market on the decline in

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Petrol inches closer to Rs 100 in Delhi, Kolkata, check rates in your city

By Administrator_ India Capital Sands Petrol prices saw a rise in prices again by 31 to 39 paise again on July 5, taking it to a historic high. However, the diesel rates remain unchanged. In the last two months, petrol prices increased by 34 times and diesel prices

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