By Administrator_India Capital Sands India is to allow farmers to sell produce directly to bulk buyers such as trading companies, food processors and large retailers, the farm minister said on Wednesday. This would obviate the need for farmers to bring their produce to India’s more than 7,000 regulated wholesale markets and let buyers buy from […]
Economy
California eases pandemic restrictions; New York Stock Exchange opens
By Administrator_India Capital Sands California, the most populous U.S. state, took another step on Tuesday toward ending sweeping lockdowns imposed to contain the coronavirus pandemic, allowing barber shops and hair salons in most counties to operate for the first time in more than two months. On Monday, Governor Gavin Newsom lifted orders that banned church […]
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 […]
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 […]
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 […]