Economy

U.S. job growth forecast to slow sharply in July as COVID-19 cases soar

By Administrator_India Capital Sands U.S. employment growth likely slowed significantly in July amid a resurgence in new COVID-19 infections, which would provide the clearest evidence yet that the economy’s recovery from the recession caused by the pandemic was faltering. The Labor Department’s closely watched employment report on Friday could pile pressure on the White House […]

Afghanistan crisis: Embassy staff among 200 Indians stuck in Kabul
International

At least 30 injured in grenade attack in Pakistan at Kashmir rally

By Administrator_India Capital Sands At least 30 people were injured in a grenade attack on a rally in Karachi on Wednesday, as Pakistan marked the first anniversary of India’s revocation of Kashmir’s semi-autonomy. The wounded were rushed to different hospitals, where one was in a critical condition, an official from the provincial health department said. […]

International

Border dispute should not dominate China, India ties – Chinese envoy to U.S.

By Administrator_India Capital Sands A border dispute between India and China – which turned deadly in June when troops of the two sides clashed – should not dominate relations between the nuclear-armed Asian powers, the Chinese ambassador to the United States said on Tuesday. “I don’t think this issue should dominate in relations between China […]

India's factory activity contracted at a sharper pace in July
Economy

India’s factory activity contracted at a sharper pace in July

By Administrator_India Capital Sands India’s factory slump deepened in July as renewed lockdown measures to contain surging coronavirus cases weighed on demand and output, raising the chances of a sharper economic contraction, a private business survey showed on Monday. Asia’s third-largest economy, which has the third-highest coronavirus caseload globally, is expected to shrink at its […]