Success is the fruit of Hard work Entrepreneurs are people who dare to go think beyond the obvious and make things happen. Their way of thinking goes beyond the creative ability of their competitors. Businesses which now have a global presence were once small and unassuming. One such example is Arun Kumar Saini (Young Indian Entrepreneur) […]
Month: May 2020
Near-term U.S. economic outlook darkens, slow recovery to follow
By Administrator_India Capital Sands An already-dismal near-term U.S. economic outlook has darkened further in the latest Reuters poll of economists, and while a recovery is still forecast for the second half, the economy won’t come close to regaining the ground it lost this year. Laying bare both the human and economic tragedy brought by the […]
Brazil passes France in coronavirus cases to become 6th worst-hit country
By Administrator_India Capital Sands Brazil registered a record number of new cases of the novel coronavirus on Wednesday, surpassing France’s tally to become the sixth-worst hit country, as the disease sends the economy toward its worst year since at least 1900. The government confirmed 11,385 new cases in the last 24 hours, bringing its total […]
India to provide $266 billion to boost pandemic-hit economy
By Administrator_India Capital Sands Prime Minister Narendra Modi said on Tuesday that India would provide 20 trillion rupees ($266 billion) in fiscal and monetary measures to support an economy battered by a sweeping weeks-long lockdown to fight the novel coronavirus. India has more than 70,000 cases among its 1.3 billion population and is set to […]
Spain orders two-week quarantine for all overseas travellers from May 15
By Ritu, Capital Sands The Spanish government ordered a two-week quarantine for all overseas travellers coming to the country from May 15 in a bid to curb the spreading of the novel coronavirus in the country. The incoming travellers will have to remain locked in and will only be allowed to exit for grocery shopping, […]
India to restart some passenger trains even though coronavirus infections jump
By Administrator_India Capital Sands India announced a limited re-opening of its giant rail network beginning on Tuesday after a nearly seven-week lockdown, despite also reporting its biggest single-day jump in coronavirus cases. Prime Minister Narendra Modi has faced increasing calls to end his government’s stringent lockdown of the nation’s 1.3 billion population, with political parties, […]
Oil prices drop amid supply glut, fears of second coronavirus wave
By Administrator_India Capital Sands Oil prices slid nearly $1 a barrel on Monday as concern over a persistent glut and economic gloom caused by the coronavirus pandemic combined to cancel out support from supply cuts at some of the world’s top producers. Brent crude futures LCOc1 were down 73 cents, or 2.4%, at $30.24 a […]
Oil gains on hopes that easing of coronavirus curbs will trigger demand boost
By Administrator_India Capital Sands Oil prices rose on Friday as more countries began easing lockdowns set in place to stop the coronavirus spreading, giving hope that demand for fuels will pick up after the economic devastation caused by the pandemic. Brent crude was up 47 cents, or 1.5%, at $29.33 a barrel by 0121 GMT, […]
Turkish lira falls to record low against U.S. dollar
By Ritu, Capital Sands Turkey’s lira fell to a record low against the U.S. dollar on Thursday after traders interpreted comments from a Federal Reserve policy maker as ruling out a Fed swap line to cushion Ankara’s depleted reserves. Thursday’s fall to 7.25 pushed it beyond the record low hit during a 2018 currency crisis and […]
Trump to refocus coronavirus task force on economic revival, concedes risks
By Administrator_India Capital Sands President Donald Trump said on Wednesday his coronavirus task force would shift its primary focus to reviving U.S. business and social life, while acknowledging that reopening the economy could put more lives at risk. In a series of tweets, Trump said the White House task force he formed in March would […]