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 […]
Author: Administrator_India
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, […]
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 […]
India hikes taxes on petrol, diesel; says consumers will be unaffected
By Administrator_India Capital Sands India late on Tuesday increased its taxes and duties on petrol and diesel instead of passing on the benefit of lower crude oil prices to consumers, as the government moves to raise revenues in an economy that ground to a halt in the coronavirus crisis. Taxes and duties on petrol and […]
India’s April gold imports plunge 99.9% to three-decade low
By Administrator_India Capital Sands India’s gold imports plunged 99.9% year-on-year in April to their lowest in nearly three decades as air travel was banned and jewellery shops were closed amid a nationwide lockdown to curb the spread of coronavirus, a government source said. The world’s second biggest consumer of the precious metal imported around 50 […]
Trust is the Key to success: Arun Kumar Saini
It is enviable success story of a young entrepreneur, who made a turnover in crore for his companies in just 5 year Capital Group of Companies & ario Holdings is the leading companies in India as well as in abroad, is on the threshold of future development. Started just Five year ago. Arun KumarSaini started his […]
Dollar edges up, Asian stocks slip as U.S.-China tensions flare
By Administrator_India Capital Sands The dollar inched higher, stock markets struggled for traction and oil fell on Monday as a U.S.-China spat over the origin of the coronavirus put the brakes on optimism about an economic re-start as countries around the world ease restrictions. In reduced trade, with China and Japan on holiday, U.S. stock […]
India exports 50 million hydroxychloroquine tablets to U.S. for COVID-19 fight
By Administrator_India Capital Sands India has shipped 50 million tablets of hydroxychloroquine to the United States, an Indian source with direct knowledge of the exports said, although U.S. regulators warned the anti-malarial drug may have harmful side effects in the treatment of COVID-19. The trade, India’s biggest export of the drug to any country, follows […]