Tag: Covid-19

No Delta plus variant of COVID-19 found in 376 samples tested in Mumbai

By Administrator_ India Capital Sands No Delta plus variant of COVID-19, considered highly contagious, was found among 376 samples tested in the second round of genome sequencing in Mumbai, a senior civic official said. Additional municipal commissioner (western suburbs) Suresh Kakani said the samples were examined at a genome sequencing facility inaugurated in the city last month. In a statement […]

PM to visit US for Quad on Sept 24; focus on Afghan crisis, Covid-19

By Administrator_ India Capital Sands Prime Minister Narendra Modi will travel to the US next week to participate in the first in-person Quad summit that is expected to broadly focus on contemporary global challenges, including the Afghan crisis, the Covid pandemic, and ensuring a free and open Indo-Pacific. In his first visit to the US since President Joe Biden took office, the prime […]

Vaccine passports

Vaccine passports ditched in UK’s new plan to manage Covid-19 pandemic

By Administrator_ India Capital Sands British Prime Minister Boris Johnson will set out on Tuesday his plans to manage the Covid-19 pandemic in the winter months, announcing a decision to scrap the introduction of vaccine passports and steps to end some emergency powers. Johnson, under fire from some in his governing Conservative Party for raising taxes to fix a health and social care crisis, […]

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 […]

Sydney Lockdown Extended By 4 Weeks As Australia COVID-19 Cases Spike

By Administrator_ India Capital Sands The Australian city of Sydney extended a lockdown by four weeks on Wednesday after an already protracted stay-at-home order failed to douse a COVID-19 outbreak, with the authorities warning of tougher policing to stamp out non-compliance. Far from a planned exit from lockdown in three days, the city of 5 million people and neighboring regional […]

Asian Stocks Up Following U.S. $579 Infrastructure Deal

By Administrator_ India Capital Sands Asia Pacific stocks were up Friday morning after a U.S. $579 billion infrastructure deal boosted investor sentiment and sent U.S. shares to record levels. Japan’s Nikkei 225 was up 0.68% by 10:19 PM ET (2:19 AM GMT). The Tokyo Core Consumer Price Index was at 0% in June year-on-year, but above the 0.1% contraction in forecasts prepared by investing.com and the […]

Dollar Down Over Higher-Than-Expected Inflation Data

By Administrator_ India Capital Sands The dollar was down on Friday morning in Asia after the U.S. posted higher-than-expected inflation data in May. The USD/JPY pair inched up 0.08% to 109.40, with a new analysis saying another COVID-19 surge could come in Japan with or without the Olympics. The AUD/USD pair inched up 0.04% to 0.7755 as Australia is working on a quarantine-free travel […]

India Reports 94,052 New COVID-19 Cases

India Reports 94,052 New COVID-19 Cases

By Administrator_ India Capital Sands India reported 94,052 new COVID-19 cases and 6148 new deaths today. The country has so far reported a total of 2,91,83,121 cases and 3,59,676 deaths. India’s test positivity rate (positive cases identified for every 100 tests) continues to decline. It stands at 4.69 percent, the third straight day that it is below the 5 per […]

Asian Stocks Up, but Inflation Concerns Re-Emerge

By Administrator_ India Capital Sands Asia Pacific stocks were mostly up Monday morning, with volumes thin over the closure of two major markets in the region and re-emerging inflation concerns. Chinese and Japanese markets are closed for a holiday. In Australia, the ASX 200 edged up 0.14% by 10:30 PM ET (2:30 AM GMT), ahead of the Reserve Bank of Australia’s policy decision due […]

Oil prices extend gains as demand outlook offsets India concerns

By Administrator_ India Capital Sands Oil prices extended gains on Thursday after rising 1% the previous session, as bullish forecasts on recovering demand this summer offset concerns of rising COVID-19 cases in India, Japan, and Brazil. Brent crude for June edged up 8 cents, or 0.1%, to $67.35 a barrel by 0104 GMT while U.S. West Texas Intermediate crude for […]