Monday, August 8

Month: November 2021

West Bengal to host Bengal Global Business Summit in April after 2-year COVID hiatus
Business

West Bengal to host Bengal Global Business Summit in April after 2-year COVID hiatus

By Administrator_India Capital Sands After a hiatus of two years owing to the COVID-19 pandemic, the West Bengal government will host the Bengal Global Business Summit (BGBS) in April next year, a highly placed government official said. The business summit, a flagship programme where the state government showcases the business readiness and investment potential before the global business community, will be held on April 20-21, the official said. "The pandemic is on the decline and so we have decided to hold the BGBS next year in April. The two dates will be April 20 and 21," he confirmed to PTI. Chief Minister Mamata Banerjee will also be travelling abroad where she might be holding road shows to promote the state’s industry friendliness to attract more investment here, he s...
Asia stocks mixed, U.S. inflation test looms
Asia

Asia stocks mixed, U.S. inflation test looms

By Administrator_India Capital Sands Asian share markets were mixed on Monday as risk assets found support from the upbeat U.S. October payrolls report, but faced another test later in the week from a reading on U.S. inflation that could spook the rate horses. The congressional passage of a long-delayed U.S. $1 trillion infrastructure bill cheered investors, though a broader social safety net plan remains elusive. Data out over the weekend also showed China's exports beat forecasts in October to deliver a record trade surplus, although a miss on imports added to evidence of a slowing in domestic demand. Moves were modest with MSCI's broadest index of Asia-Pacific shares outside Japan off 0.2%. Japan's Nikkei lost early gains to dip 0.2%, short of a recent five-week peak. ...
PM Gati Shakti digital tool may be opened for public use
Business

PM Gati Shakti digital tool may be opened for public use

By Administrator_India Capital Sands In times to come, the key digital platform of Prime Minister Gati Shakti—akin to a made-in India Google map that is expected to carry much more granular details in real time—may be opened for the citizens to access and use, according to government officials in the know. “While it is not fully clear which level of information will be made public, the broad line of thinking is that common people should also be able to benefit from the PM Gati Shakti tool. If large parts of the tool are thrown open for people, it can empower them to make many informed decisions, including selling and buying land at prices based on the promise of upcoming development in their areas. Real estate transactions will become much more transparent, as everyone will have a...
Petrol, diesel prices today: Hiked for 5th straight day to hit fresh highs
Fuel Price

Petrol, diesel prices today: Hiked for 5th straight day to hit fresh highs

By Administrator_India Capital Sands Petrol prices increased by 31 to 36 paise per litre while diesel prices surged by 34 to 39 paise per litre across the country on November 1, according to price notification from state-owned fuel retailers. The fifth consecutive increase that follows the unrelenting hike in international oil prices has pushed the pump rates across the country to their highest-ever levels. In Delhi, with the latest revision of 35 paise a litre, the price of petrol rose to its fresh high of Rs 109.69 a litre, while a 35-paise hike took diesel rate to Rs 98.42 per litre. In Mumbai, a litre of petrol was retailed at Rs 115.50, up by 35 paise. It became the first metro in the country where petrol was sold for more than Rs 100 per litre on May 29. Diesel price also...