Category: Business

Covid vaccination

For foreign flyers, the government allows a precautionary dose before the waiting period

On May 12, the Union government eased the requirements for the Covid vaccination precaution dose, allowing persons travelling abroad to acquire the vaccine before the nine-month waiting period mandated by the destination country. Health Minister Mansukh Mandaviya made an official declaration on Twitter. “Indian citizens & students travelling overseas can now take the precaution dose as required by the guidelines […]

BSE gets SEBI’s

BSE gets SEBI’s in-principle nod for gold spot exchange

The Securities and Exchange Board of India (SEBI) has given in-principle apporval to the BSE to commence trading in electronic gold receipts (EGR) on the exchange, the bourse said in a filing to the National Stock Exchange. “To seek final approval for the introduction of the EGR segment, we have been advised to submit additional information,” BSE said on February 9.The capital […]

Gold investment platform Jar

Gold investment platform Jar raises $32 million led by Tiger Global

Savings and investment management platform Jar has raised $32 million in a Series A funding round led by Tiger Global, the company has said . The round also saw participation from Rocketship.vc, Third Prime, Stonks, Force Ventures and existing investors including Arkam Ventures and WEH Ventures, the company said on February 3.Angel investors, including Klarna founder Victor Jacobsson, Suleman Ali of […]

Non-tax revenues to see a 14%

Kisan Drones to be used to technologically advance farming sector

Finance Minister Nirmala Sitharaman in her Union Budget Speech for the upcoming fiscal year has announced that Kisan drones will be used to drive a wave of technology in the Agriculture and Farming Sector.  These drones will be used for crop assessments, land records and spraying of insecticides.

Google hit with 150 million euro French fine for cookie breaches

Google hit with 150 million euro French fine for cookie breaches

France’s data privacy watchdog CNIL said on Thursday it had fined Alphabet’s Google a record 150 million euros ($169 million) for making it difficult for internet users to refuse online trackers known as cookies. Meta Platforms’ Facebook was also fined 60 million euros for the same reason, the CNIL said. “The CNIL has found that the facebook.com, google.fr and youtube.com websites do not allow to refuse […]

Apple puts India iPhone maker Foxconn on probation for labour violations

Apple puts India iPhone maker Foxconn on probation for labour violations

Apple Inc. put Foxconn Technology Group’s factory in southern India on probation following worker protests and an investigation that revealed substandard living conditions. Foxconn, which uses the facility to assemble iPhones among other gadgets, apologized for the lapses in health standards and pledged to revamp its management and operations in the country. The factory, located in Sriperumbudur on the outskirts of Chennai, was […]

Ola's dream of world's biggest e-scooter factory hits hurdle

Ola’s dream of world’s biggest e-scooter factory hits hurdle

By Administrator_IndiaCapital Sands Ola Electric Mobility Pvt., the Indian startup that’s pledged to build the world’s biggest electric scooter factory, doled out a handful of brightly-hued bikes earlier this month, complete with drummers and a saxophonist to mark the occasion. Founder Bhavish Aggarwal came to thank some 100 customers who brought along family and friends. But beyond the colorful proceedings, […]

AstraZeneca Pharma India gets DCGI nod to import

By Administrator_ India Capital Sands Drug firm AstraZeneca Pharma India said it has received import and market permission from the Indian drug regulator for Selumetinib capsules. The company has received the import and market permission in Form CT-20 from the Drugs Controller General of India for Selumetinib 10 mg & 25 mg capsules, AstraZeneca Pharma India said in a regulatory filing. The […]

Gold imports nearly double in August as prices dip ahead of festivals

By Administrator_ India Capital Sands India’s gold imports in August nearly doubled from a year earlier to the highest in five months on strong demand and as weaker prices prompted jewelers to ramp up purchases for the festive season, a government source said. Higher imports by the world’s second-biggest bullion consumer could support benchmark gold prices, which have corrected nearly 12% from an […]

Cryptocurrency Prices: Bitcoin over $49,000, Ether, Dogecoin plunge

By Administrator_ India Capital Sands Cryptocurrency prices continue to be in the red on August 23. The global cryptocurrency market cap is $2.13 trillion, a 1.37 percent increase over the last day, while the total crypto market volume over the last 24 hours is $93.71 billion, which makes a 13.09 percent decrease. The volume of all stable coins is now […]