Japan lifts coronavirus travel curbs to help economy bounce back
WORLD NEWS

Japan lifts coronavirus travel curbs to help economy bounce back

By Administrator_India Capital Sands Japan lifted all coronavirus-related curbs on domestic travel on Friday, with Prime Minister Shinzo Abe calling on people to go sightseeing or attend concerts and other events to help the nation’s economy bounce back from a pandemic recession. Japan began lifting its pandemic lockdown in May as coronavirus infections fell. The […]

Fitch cuts India's outlook to 'negative'
Economy

Fitch cuts India’s outlook to ‘negative’

By Administrator_India Capital Sands Ratings agency Fitch cut its outlook for India to “negative” from “stable” on Thursday, saying that the coronavirus outbreak had an unfavourable impact on the economy. “The coronavirus pandemic has significantly weakened India’s growth outlook for this year and exposed the challenges associated with a high public-debt burden,” Fitch said in […]

Sensex, Nifty jump as U.S. Fed's debt buying offers liquidity hopes
Market

Sensex, Nifty jump as U.S. Fed’s debt buying offers liquidity hopes

By Administrator_India Capital Sands Indian shares rose on Tuesday, joining a global rally, after the U.S. Federal Reserve’s corporate bond buying programme boosted hopes of liquidity in domestic markets and outweighed concerns about another round of lockdowns in the face of rising COVID-19 cases. The Nifty rose 2.16% to 10,021.55 by 0346 GMT, while the […]

Asia stocks slide as coronavirus fears return
Business

Asia stocks slide as coronavirus fears return

By Administrator_India Capital Sands Asian shares fell sharply on Friday and oil prices extended losses on growing concerns that a resurgence of coronavirus infections could stunt the pace of recovery in economies reopening from lockdowns, or even lead to fresh restrictions. MSCI’s broadest index of Asia-Pacific shares outside Japan slid 1.52%, after a strong run-up […]

Fed vows to support U.S. economy's 'long road' to recovery after dire 2020
U.S

Fed vows to support U.S. economy’s ‘long road’ to recovery after dire 2020

By Administrator_India Capital Sands The U.S. Federal Reserve on Wednesday signaled it plans years of extraordinary support for an economy facing a torturous slog back from the coronavirus pandemic, with policymakers projecting the economy to shrink 6.5% in 2020 and the unemployment rate to be 9.3% at year’s end. In the first economic projections of […]