January 2021 – TradenTalks

India carried out 5th highest no of COVID vaccination till January 26

January 29, 2021 Administrator_IndiaCOVID-19, India, Vaccine0 comment

By Administrator_ India Capital Sands India has carried out the fifth-highest number of COVID-19 vaccinations by inoculating 2.03 million people till January 26, the Health Ministry said, stressing the number of beneficiaries who have received the shots has crossed 25 lakh till Thursday afternoon. Addressing a press conference, Union Health Secretary Rajesh Bhushan said that India was the fastest country to reach 1 million COVID-19 vaccinations in six days, while the US took 10 days, Spain 12, Israel 14, the UK 18, Italy 19, Germany 20, and UAE 27 days.…

Mumbai sees bed rationing again as coronavirus cases rise sharply

Coronavirus News

Global Covid cases surpass grim 100-million milestone; 2.1 million dead

January 28, 2021 Administrator_IndiaCOVID cases, COVID-19, Global0 comment

By Administrator_ India Capital Sands Global coronavirus cases surpassed 100 million on Wednesday, according to a Reuters tally, as countries around the world struggle with new virus variants and vaccine shortfalls. Almost 1.3 percent of the world’s population has now been infected with Covid-19, the disease caused by the novel coronavirus, and more than 2.1 million people have died. One person has been infected every 7.7 seconds, on average, since the start of the year. Around 668,250 cases have been reported each day over the same period, and the global fatality rate…

India

Rafale jets to mark debut during Indian Air Force fly-past| Republic Day 2021

January 25, 2021 Administrator_IndiaIndian Air Force, Rafale jets, Republic Day 20210 comment

By Administrator_ India Capital Sands The country’s newly acquired Rafale jets will feature for the first time in the fly-past by the Indian Air Force during Republic Day celebrations on January 26. “The finale, the ‘Vertical Charlie’ manoeuvre, will be done by the Rafale aircraft this time,” Major General Alok Kacker said on January 23 while speaking about R-Day celebrations amid the COVID-19 pandemic. Speaking to news agency ANI about the changes that have been introduced to the usual R-Day celebrations in view of the pandemic, Kacker said the Republic Day…

Business

Farmers reject Centre’s proposal to put farm laws on hold for 1.5 years

January 22, 2021 Administrator_IndiaBusiness, Current affairs, Farmer, Protest0 comment

By Administrator_India Capital Sands In a setback to the Centre’s effort to break the deadlock over the farm laws, the protesting farmers’ unions on Thursday rejected the government’s offer to keep the laws on hold for around 18 months, saying that they will not settle for anything less than total repeal of the Acts and a legal guarantee for Minimum Support Price (MSP). “The full general body of the Samyukta Kisan Morcha (an umbrella body of farm unions leading protests across Delhi’s border) today rejected the proposal put forward by…

International

WHO plans slew of COVID-19 vaccine approvals for global rollout

January 21, 2021 Administrator_IndiaCOVID-19, Vaccines, WHO, World Health Organization0 comment

By Administrator_ India Capital Sands The World Health Organization (WHO) plans to approve several COVID-19 vaccines from Western and Chinese manufacturers in the coming weeks and months, an internal document seen by Reuters shows, as it aims for rapid rollouts in poorer countries. COVAX, a global scheme co-led by the WHO, wants to deliver at least 2 billion COVID-19 doses across the world this year, with at least 1.3 billion going to poorer countries. But it has so far struggled to secure enough shots due to a shortage of funds,…

Stock Market

Sensex, Nifty soar 1.7% on US stimulus hope; HDFC, RIL and ICICI Bank gain

January 20, 2021 Administrator_IndiaHDFC, ICICI Bank, Nifty, RIL, Sensex, US stimulus0 comment

By Administrator_ India Capital Sands The benchmark Sensex snapped its two-day, 1,000-point losing streak on Tuesday as investors regained their risk appetite on optimism that the US will announce more stimulus measures under the Joe Biden administration. The index ended at 49,398, with a gain of 834 points, or 1.72 per cent — the most since November 5. The Nifty50 index rose 240 points, or 1.7 per cent, to 14,521, with 46 of its components posting gains. Most global markets posted gains ahead of the testimony of Janet Yellen, Biden’s designated nominee for Treasury…

Petrol, Diesel prices remain steady, govt tax collection on fuel swells by 459% in 7 years

Economic News

Petrol nears Rs 85-mark in Delhi, diesel closer to Rs 82 in Mumbai

January 19, 2021 Administrator_IndiaDelhi, Diesel, Mumbai, Petrol0 comment

By Administrator_ India Capital Sands Petrol price in the national capital neared the Rs 85 a litre mark while diesel rates in Mumbai were close to Rs 82 as fuel prices were raised by 25 paise per litre each on Monday. Petrol now costs a lifetime high of Rs 84.95 per litre in Delhi while diesel comes for Rs 75.13, according to a price notification from oil marketing companies. The price hike on Monday came after three days of unchanged rates. Prices were last hiked by 50 paise a litre in two instalments on…

Facebook signs first deal to buy renewable energy from local firm in India

Business News

Parliamentary panel summons Facebook, Twitter officials on January 21

January 18, 2021 Administrator_IndiaFacebook, Parliamentary panel, Twitter0 comment

By Administrator_ India Capital Sands The Parliamentary Committee on Information Technology has issued summons to officials of Facebook and Twitter for January 21, to question them over misuse of the social media/online news platforms. The schedule of meeting on the Lok Sabha website read: “Evidence of representatives of Ministry of Electronics and Information Technology and to hear the views of the representatives of Facebook and Twitter on the subject safeguarding citizens’ rights and prevention of misuse of social/online news media platforms including special emphasis on women security in the digital space.” Earlier, the committee had summoned Facebook’s India…

Asian Stocks Up, Calm Returns After Previous Week’s Government Debt Slide

Trading Platform

6 Best Trading Platforms Globally

January 14, 2021January 15, 2021 Administrator_IndiaBest trading platform, Platform, Traders, Trading0 comment

6 Best Online Brokers and Trading Platform in the Word This is our list of the best online trading platforms in Word based on several factors: traders score, commodities you can trade, trading platforms, funding methods, Islamic account enabled, minimum deposit and welcome bonus: Binary Opinion – Best for Binary Options Trading and CFD’s eToro – Best for Social and Copy Trading AVAtrade – Best Overall Broker XM – Best for forex trading Forex.com – Best FX Broker for Advanced Traders Market 24×365 – Best for Beginner Traders …

Business

Nifty achieves another milestone as valuation hits all-time high of 40x

January 13, 2021 Administrator_IndiaIndex price, Nifty, Nifty500 comment

By Administrator_ India Capital Sands The benchmark Nifty50 index on Tuesday reached another milestone in its journey to scale fresh peaks. The index price-to-earnings (P/E) multiple reached an all-time high of 40x on Tuesday when it made an intra-day high of 14,590.65. The index closed the day with a P/E multiple of 39.9 and earnings per share (EPS, or earnings per unit of the index) of Rs 364.6. This is first time in 25 years that a benchmark equity index in India is trading at a P/E multiple of 40x or higher.…