Economy

Brent crude prices
Economy

Oil prices dropped as the US rate hiked, but constrained supply remains a concern

Oil prices fell on Thursday, erasing early gains and heading down, a day after a drop sparked by a US interest rate rise, albeit tight supplies restricted losses. Brent crude prices were down 45 cents, or 0.4 percent, to $118.06 a barrel by 0906 GMT, while WTI crude futures were down 44 cents to $114.87, […]

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Oil falls, pressured by China lockdowns, reserves release
Oil falls pressured by China lockdowns

Oil prices slipped $2 a barrel in early Asian trading on Monday, following a second straight weekly decline after world Read more

Brent oil rises on weaker dollar though IEA cuts demand outlook
Brent oil rises on weaker dollar though IEA cuts demand outlook

By Administrator_India Capital Sands Brent Oil rose past $55 a barrel — with some assistance from a weaker dollar — Read more

Oil prices fall amid worries over new coronavirus strain
Brent oil rises on weaker dollar though IEA cuts demand outlook

BY Administrator_India Capital Sands Oil prices slid in early trade on Monday as a fast-spreading new coronavirus strain in the Read more

Oil rally boosted by surprise fall in U.S. stocks
Oil rally boosted by surprise fall in U.S. stocks

By Administrator_India Capital Sands Oil rose for a fifth day on Thursday after a surprise fall in U.S. crude inventories gave further Read more

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India's palm oil imports
Economy

According to SEA, India’s palm oil imports fell 33% to 514,022 tonne in May

In May of this year, India’s palm oil imports fell by 33.20 percent to Rs 5,14,022 tonnes, while refineries sent more RBD palmolein oil, according to the industry group Solvent Extractors Association (SEA). In May 2021, India, the world’s largest importer of vegetable oils, bought 7,69,602 tonnes of palm oils. This year in May, the […]

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Oil is unsteady following a near-6% drop due to economic concerns
an-ind.in/wp-admin

Early on Monday, oil prices fell as investors refocused on tight supply, however, the mood remained shaky following a 6% Read more

Oil prices dropped as the US rate hiked, but constrained supply remains a concern
Brent crude prices

Oil prices fell on Thursday, erasing early gains and heading down, a day after a drop sparked by a US Read more

PM Modi said the BJP would continue to strive for Assam’s growth
Prime Minister Narendra Modi

Prime Minister Narendra Modi hailed the BJP's historic win in the Karbi Anglong Autonomous Council (KAAC) elections and said that Read more

PM Modi said the BJP would continue to strive for Assam’s growth
Prime Minister Narendra Modi

Prime Minister Narendra Modi hailed the BJP's historic win in the Karbi Anglong Autonomous Council (KAAC) elections and said that Read more

Read More
Single Nodal Agency (SNA)
Economy

Today, Nirmala Sitharaman will introduce the single nodal agency dashboard

Finance Minister Nirmala Sitharaman will unveil a Single Nodal Agency (SNA) dashboard on Tuesday, which would allow ministries and agencies to track the flow of money to states and their use. According to a statement from the finance ministry, the SNA dashboard was created to provide stakeholders of the SNA model with the essential feedback […]

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FM Nirmala Sitharaman: India plans to bring digital currency by next year
FM Nirmala Sitharaman

India plans to launch digital money by 2023, according to Finance Minister Nirmala Sitharaman. "The government and RBI are looking Read more

Nirmala Sitharaman US semiconductor firms will increase their investments in India; With incentives 
Nirmala Sitharaman

Nirmala Sitharaman, India's finance minister, met with officials from the US semiconductor sector and asked them to invest more in Read more

Budget bets big on public infra: Subsidy bill falls as Covid concern eases

While presenting the Union Budget on Tuesday, Finance Minister Nirmala Sitharaman stressed the “overall sharp rebound and recovery” of the Indian economy Read more

Union Budget 2021: Budget to go paperless, first time in history of independent India
Union Budget 2021: Budget to go paperless, first time in history of independent India

By Administrator_India Capital Sands Union Budget 2021 which is scheduled to be presented on February 1 will go paperless as Read more

Read More
Reserve Bank of India
India

PSB fraud is down 51% to Rs 40,295 crore, yet the number of cases is still rising: RBI

During the financial year ending March 2022, public sector banks reported a 51% decrease in the amount involved in frauds, to Rs 40,295.25 crore, according to the Reserve Bank of India. The Reserve Bank said in response to a request under the Right to Information Act that the 12 PSBs (Public Sector Banks) recorded frauds […]

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According to SEA, India’s palm oil imports fell 33% to 514,022 tonne in May
India's palm oil imports

In May of this year, India's palm oil imports fell by 33.20 percent to Rs 5,14,022 tonnes, while refineries sent Read more

PM Modi said the BJP would continue to strive for Assam’s growth
Prime Minister Narendra Modi

Prime Minister Narendra Modi hailed the BJP's historic win in the Karbi Anglong Autonomous Council (KAAC) elections and said that Read more

PM Modi said the BJP would continue to strive for Assam’s growth
Prime Minister Narendra Modi

Prime Minister Narendra Modi hailed the BJP's historic win in the Karbi Anglong Autonomous Council (KAAC) elections and said that Read more

India has recorded 7,584 Covid cases, with 24 additional deaths in a single day
COVID-19 case

According to statistics published on Friday by the Union Health Ministry, India's COVID-19 case count grew by 7,584 in a Read more

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wheat exports
Economy

India sells a record 1.4 million tonnes of wheat in April as Black Sea supplies fall

According to four trade sources, India exported a record 1.4 million tonnes of wheat in April, bringing some relief to grain markets as buyers hunt for alternatives to the Black Sea supply hit hard by the Ukraine conflict. The first month of the fiscal year is April. In fiscal 2021-22, India, the world’s second-largest wheat […]

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Wheat export at 70.30 lakh tonnes till Mar 21 this fiscal
Wheat export at 70.30 lakh tonnes

The total wheat export stood at 70.30 lakh tonnes till March 21 this fiscal, with maximum shipments to Bangladesh followed by Sri Read more

As global wheat prices rise, India commits to sell 500,000 tonnes.
India signs deals to export 500,000 tonnes of wheat

Traders claimed India has inked contracts to export over 500,000 tonnes of wheat in recent days, capitalizing on a dramatic rise Read more

PM Modi said the BJP would continue to strive for Assam’s growth
Prime Minister Narendra Modi

Prime Minister Narendra Modi hailed the BJP's historic win in the Karbi Anglong Autonomous Council (KAAC) elections and said that Read more

India has recorded 7,584 Covid cases, with 24 additional deaths in a single day
COVID-19 case

According to statistics published on Friday by the Union Health Ministry, India's COVID-19 case count grew by 7,584 in a Read more

Read More
coal shortage in India
World News

Metal firms, desperate for coal, looking for fuel in other countries

A coal shortage in India has caused sponge iron makers to scour the globe for supplies to keep their mills going, adding to inflationary pressures as they rely on more expensive imports. According to Managing Director V.R. Sharma, Jindal Steel & Power Ltd., which is running its sponge iron facilities at 40% capacity due to […]

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Sebi has fined 9 firms a total of Rs 1.6 billion for illegal trading
Securities and Exchange Board of India (Sebi)

On Tuesday, the capital markets regulator Sebi fined nine organizations a total of Rs 1.62 crore for manipulating Sterling Green Read more

According to SEA, India’s palm oil imports fell 33% to 514,022 tonne in May
India's palm oil imports

In May of this year, India's palm oil imports fell by 33.20 percent to Rs 5,14,022 tonnes, while refineries sent Read more

PM Modi said the BJP would continue to strive for Assam’s growth
Prime Minister Narendra Modi

Prime Minister Narendra Modi hailed the BJP's historic win in the Karbi Anglong Autonomous Council (KAAC) elections and said that Read more

PM Modi said the BJP would continue to strive for Assam’s growth
Prime Minister Narendra Modi

Prime Minister Narendra Modi hailed the BJP's historic win in the Karbi Anglong Autonomous Council (KAAC) elections and said that Read more

Read More
edible oil prices
Economy

To keep edible oil prices from rising, the govt intends to reduce taxes on it

According to persons acquainted with the situation, India is considering reducing tariffs on various edible oils to chill the home market after the war in Ukraine and Indonesia’s restriction on palm oil exports caused prices to rise. India, the world’s largest importer of vegetable oils, is trying to reduce the agriculture infrastructure and development cess […]

Related Posts
According to SEA, India’s palm oil imports fell 33% to 514,022 tonne in May
India's palm oil imports

In May of this year, India's palm oil imports fell by 33.20 percent to Rs 5,14,022 tonnes, while refineries sent Read more

PM Modi said the BJP would continue to strive for Assam’s growth
Prime Minister Narendra Modi

Prime Minister Narendra Modi hailed the BJP's historic win in the Karbi Anglong Autonomous Council (KAAC) elections and said that Read more

PM Modi said the BJP would continue to strive for Assam’s growth
Prime Minister Narendra Modi

Prime Minister Narendra Modi hailed the BJP's historic win in the Karbi Anglong Autonomous Council (KAAC) elections and said that Read more

India has recorded 7,584 Covid cases, with 24 additional deaths in a single day
COVID-19 case

According to statistics published on Friday by the Union Health Ministry, India's COVID-19 case count grew by 7,584 in a Read more

Read More
FM Nirmala Sitharaman
Business

FM Nirmala Sitharaman: India plans to bring digital currency by next year

India plans to launch digital money by 2023, according to Finance Minister Nirmala Sitharaman. “The government and RBI are looking into its several commercial use purposes and not just financial inclusion, which is largely achieved through the JAM trinity (Jan Dhan-Aadhaar-Mobile),” she said. India’s Finance Minister, Nirmala Sitharaman, stated that the country’s goal is to […]

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Today, Nirmala Sitharaman will introduce the single nodal agency dashboard
Single Nodal Agency (SNA)

Finance Minister Nirmala Sitharaman will unveil a Single Nodal Agency (SNA) dashboard on Tuesday, which would allow ministries and agencies Read more

Nirmala Sitharaman US semiconductor firms will increase their investments in India; With incentives 
Nirmala Sitharaman

Nirmala Sitharaman, India's finance minister, met with officials from the US semiconductor sector and asked them to invest more in Read more

Budget bets big on public infra: Subsidy bill falls as Covid concern eases

While presenting the Union Budget on Tuesday, Finance Minister Nirmala Sitharaman stressed the “overall sharp rebound and recovery” of the Indian economy Read more

Union Budget 2021: Budget to go paperless, first time in history of independent India
Union Budget 2021: Budget to go paperless, first time in history of independent India

By Administrator_India Capital Sands Union Budget 2021 which is scheduled to be presented on February 1 will go paperless as Read more

Read More
Nirmala Sitharaman
Economy

Nirmala Sitharaman US semiconductor firms will increase their investments in India; With incentives 

Nirmala Sitharaman, India’s finance minister, met with officials from the US semiconductor sector and asked them to invest more in India. The Finance Minister discussed prospects for enterprises in Silicon Valley, as well as the government of India’s resolve to be a reliable partner in the whole semiconductor value chain, with the Indian Semiconductor Mission […]

Related Posts
Today, Nirmala Sitharaman will introduce the single nodal agency dashboard
Single Nodal Agency (SNA)

Finance Minister Nirmala Sitharaman will unveil a Single Nodal Agency (SNA) dashboard on Tuesday, which would allow ministries and agencies Read more

FM Nirmala Sitharaman: India plans to bring digital currency by next year
FM Nirmala Sitharaman

India plans to launch digital money by 2023, according to Finance Minister Nirmala Sitharaman. "The government and RBI are looking Read more

Budget bets big on public infra: Subsidy bill falls as Covid concern eases

While presenting the Union Budget on Tuesday, Finance Minister Nirmala Sitharaman stressed the “overall sharp rebound and recovery” of the Indian economy Read more

Union Budget 2021: Budget to go paperless, first time in history of independent India
Union Budget 2021: Budget to go paperless, first time in history of independent India

By Administrator_India Capital Sands Union Budget 2021 which is scheduled to be presented on February 1 will go paperless as Read more

Read More
India's oil import
Economy

In FY22, India’s oil import cost more than doubled to $119 billion.

In the fiscal year that ended on March 31, India’s crude oil import bill then doubled to $119 billion, as global energy prices skyrocketed following the restoration of demand and the crisis in Ukraine. According to data from the energy ministry’s Petroleum Planning & Analysis Cell, India, the world’s third-largest oil consumption and importing nation, […]

Related Posts
Sebi has fined 9 firms a total of Rs 1.6 billion for illegal trading
Securities and Exchange Board of India (Sebi)

On Tuesday, the capital markets regulator Sebi fined nine organizations a total of Rs 1.62 crore for manipulating Sterling Green Read more

According to SEA, India’s palm oil imports fell 33% to 514,022 tonne in May
India's palm oil imports

In May of this year, India's palm oil imports fell by 33.20 percent to Rs 5,14,022 tonnes, while refineries sent Read more

PM Modi said the BJP would continue to strive for Assam’s growth
Prime Minister Narendra Modi

Prime Minister Narendra Modi hailed the BJP's historic win in the Karbi Anglong Autonomous Council (KAAC) elections and said that Read more

PM Modi said the BJP would continue to strive for Assam’s growth
Prime Minister Narendra Modi

Prime Minister Narendra Modi hailed the BJP's historic win in the Karbi Anglong Autonomous Council (KAAC) elections and said that Read more

Read More