by Administrator_India | Feb 17, 2021 | Economic News
By Administrator_India Capital Sands Rating agency S&P Global Ratings said Tuesday that India is on track to recover from a pandemic-led economic contraction by next year. South Asia’s largest economy could grow 10% in fiscal 2022, the rating agency predicted in a...
by Administrator_India | Feb 11, 2021 | Economic News
By Administrator_India Capital Sands Pencilling in a GDP growth in third and fourth quarters, SBI Research on Wednesday revised its contraction forecast for the current fiscal year to 7 per cent. The agency had earlier forecast a 7.4 per cent contraction in...
by Administrator_India | Jan 19, 2021 | Economic News
By Administrator_ India Capital Sands Petrol price in the national capital neared the Rs 85 a litre mark while diesel rates in Mumbai were close to Rs 82 as fuel prices were raised by 25 paise per litre each on Monday. Petrol now costs a lifetime high of Rs 84.95 per...
by Administrator_India | Jan 1, 2021 | Economic News
By Administrator_ India Capital Sands Bonds closed stronger on the last day of 2020 and the rupee weaker as the Reserve Bank of India followed opposite strategies for the two throughout the year. The rupee ended at 73.1 a dollar on Thursday, against 71.4 at the end...
by Administrator_India | Dec 30, 2020 | Economic News
By Administration_ India Capital Sands India’s economy could prove to be the “most resilient” in the subregion of South and South-West Asia over the long term, according to a report by the UN, which says a positive but lower economic growth post...
by Administrator_India | Dec 24, 2020 | Economic News
By Administration_ India Capital Sands The RBI Governor Shaktikanta Das has asked banks to take proactive measures to strengthen their resilience and lending capacity by raising capital, the central bank said in a statement on Wednesday. During a two-day meeting with...