US President Joe Biden unveils plan to invest $555 bn on green energy

US President Joe Biden unveils plan to invest $555 bn on green energy

By Administrator_India Capital Sands President Joe Biden announced a framework to invest $555 billion in funding on clean energy programs he thinks can win approval from Congress, with investments in renewable power, electric vehicles and resilience. If Congressional Democrats go along, the plan, part of a $1.75-trillion tax and spending blueprint, would represent a historic investment in […]

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Google, Microsoft beat Street with $110-billion revenue haul

Google, Microsoft beat Street with $110-billion revenue haul

By Administrator_ India Capital Sands Big Tech’s earnings boom stretched into the third quarter, with the pandemic surge in cloud computing, and a strong rebound in digital advertising, all but confirming 2021 will be a banner year for the sector. Quarterly revenues of the technology giants Microsoft and Google parent Alphabet soared beyond Wall Street’s expectations, according to figures […]

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Gold Down, as Consumer Confidence Rises

Gold Down, as Consumer Confidence Rises

By Administrator_ India Capital Sands Gold prices fell on Wednesday morning in Asia, while the U.S dollar retreated marginally. Gold Futures went down 0.28% to $1,788.35 by 11:08 PM ET. Reduced stimulus and interest rate hikes pushed government bond yields up, translating into a higher opportunity cost for holding bullion. Upbeat corporate earnings and easing […]

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Rupee at 74.98 against USD, bond mkt shrugs off Moody’s outlook upgrade

Rupee at 74.98 against USD, bond mkt shrugs off Moody’s outlook upgrade

By Administrator_India Capital Sands The rupee tumbled to the almost 75 a dollar level and the 10-year bond yields remained elevated on Wednesday, shrugging off India’s outlook revision by Moody’s, as international crude oil prices rose to a seven-year high, fuelling concerns about a wider fiscal deficit and rising inflation. The rupee closed at 74.98 a dollar, briefly touching […]

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