By Administrator_India Capital Sands India, like a lot of countries plunged into crisis by the pandemic, is struggling to ramp up testing for the coronavirus, but in few places would the odds of containing the disease appear so bleak should domestic transmission start to multiply. Officials hope to be testing 20,000 people daily by the […]
Month: April 2020
Indians light lamps to heed Modi’s call for coronavirus comradeship
By Administrator_India Capital Sands Millions of Indians turned off their lights and lit up balconies and doorsteps with lamps, candles and flashlights on Sunday, in response to Prime Minister Narendra Modi’s appeal to “challenge the darkness” spread by the coronavirus crisis. Modi, who imposed a three-week long nationwide lockdown on March 25, asked all citizens […]
European stocks sink as pandemic hits business, oil prices grind higher
By Ritu, Capital Sands European stock markets sank on Friday, erasing meagre gains for the week, as more companies flagged a hit to business from the coronavirus pandemic while oil prices extended their previous day’s gains on hopes of a global supply cut. With virus-fighting lockdowns raising the risk of a prolonged global downturn, investors […]
Global coronavirus cases surpass one million
By Administrator_India Capital Sands Global coronavirus cases surpassed 1 million on Thursday with more than 52,000 deaths as the pandemic further exploded in the United States and the death toll climbed in Spain and Italy, according to a Reuters tally of official data. Italy had the most deaths, more than 13,900, followed by Spain. The […]
Japan government, ruling parties agree on certain tax exemptions for firms hit by pandemic
By Administrator_India Capital Sands Japan’s government and ruling parties agreed to exempt firms from certain taxes if their sales decline by more than half from the previous year in any three-month period between February and October amid the coronavirus outbreak, Kyodo newswire said on Thursday. Firms would be exempted from taxation on property and assets […]
Asian shares hold on to gains but virus keeps markets on edge
By Administrator_India Capital Sands Asian stocks clung to gains on Wednesday, helped by a bounce in Australian shares, but risks for equities remain large as the coronavirus pandemic rattles the underpinnings of the global economy. E-Mini futures for the S&P 500 traded 1.39% lower in Asian trade, highlighting the cautious mood. MSCI’s broadest index of […]