S&P Global cuts India’s growth forecast to 9.5% from 11%, trims EM overall

S&P Global cuts India’s growth forecast to 9.5% from 11%, trims EM overall

By Administrator_India Capital Sands S&P Global cut its growth forecasts for some of Asia’s top economies including India, the Philippines and Malaysia on Monday, offsetting upgrades to China and South Africa and much of Latin America. The estimates, which feed into S&P’s closely-followed sovereign ratings, saw India’s growth projection chopped to 9.5% from 11% due […]

Read More
Twitter appoints California-based Jeremy Kessel as India Grievance Officer

Twitter appoints California-based Jeremy Kessel as India Grievance Officer

By Administrator_India Capital Sands Twitter on Sunday appointed California-based Jeremy Kessel as the new Grievance Officer for India, as required under the new Information Technology Rules, 2021, hours after Dharmendra Chatur quit from the post, Bar and Bench reported. His appointment, however, is not seen to be in line with new IT rules guidelines, which mandate […]

Read More
Panasonic sells Tesla stake for $3.6 billion

Panasonic sells Tesla stake for $3.6 billion

By Administrator_India Capital Sands Panasonic Corp sold its stake in electric car maker Tesla Inc for about 400 billion yen ($3.61 billion) in the year ended March, a spokesperson for the Japanese company said on Friday. The sale comes as the bicycles to hair dryers conglomerate is seeking to reduce its dependence on Tesla and raise […]

Read More
Petrol, Diesel Prices Today, June 24, 2021: Petrol nearing Rs 98 per litre in Delhi, check rates in your city

Petrol, Diesel Prices Today, June 24, 2021: Petrol nearing Rs 98 per litre in Delhi, check rates in your city

By Administrator_India Capital Sands New Delhi: After a day’s pause, fuel prices were again hiked on Thursday, pushing rates to fresh all time record highs, according to a price notification of state-owned fuel retailers. On Thursday, in Delhi, petrol and diesel prices were increased by 26 paise and 7 paise, respectively. With the latest revision […]

Read More
China’s Troop Deployment Along Border Remains A Worry: Foreign Minister

China’s Troop Deployment Along Border Remains A Worry: Foreign Minister

By Administrator_India Capital Sands China’s military deployment along its disputed Himalayan border with India and uncertainty over whether Beijing will fulfill its promise on troop reductions remains a challenge for relations between the two neighbors,  Foreign minister Subrahmanyam Jaishankar said. “The issue there is whether China would live up to the commitments it has made […]

Read More