By Ritu, Capital Sands India stocks were higher after the close on Tuesday, as gains in the Oil & Gas, Fast Moving Consumer Goods and Public Sector Undertakings sectors led shares higher. At the close in NSE, the Nifty 50 rose 3.82%, while the BSE Sensex 30 index climbed 3.62%. The best performers of the session on the Nifty 50 were Bharat Petroleum Corp. Ltd. […]
International
U.S. coronavirus death toll rises past 3,000 on deadliest day
By Administrator_India Capital Sands The U.S. death toll from the coronavirus pandemic climbed past 3,000 on Monday, the deadliest day yet in the country’s mounting crisis, while New York cheered the arrival of a gleaming 1,000-bed U.S. Navy hospital ship as a sign of hope in the city’s desperate fight. In a grim new milestones […]
Trump’s attack on GM over ventilators quickly turns to praise
By Administrator_India Capital Sands President Donald Trump, who excoriated General Motors Co. on Friday and invoked emergency powers to compel the production of badly needed ventilators to tackle the coronavirus pandemic, has abruptly shifted gears to praise the automaker. Trump, who has been on the defensive for not moving faster to compel the production of […]
India stocks mixed at close of trade; Nifty 50 up 0.22%
By Administrator_India Capital Sands India stocks were mixed after the close on Friday, as gains in the Banking, Public Sector Undertakings and Metals sectors led shares higher while losses in the Auto, Oil & Gas and Real Estate sectors led shares lower. At the close in NSE, the Nifty 50 added 0.22%, while the BSE Sensex 30 index fell 0.44%. The best performers of the session on the Nifty 50 […]
U.S. Dollar Slides as Investors Continue Their Search for A Safe Haven
By Administrator_India Capital Sands The U.S. dollar slid below the $100 mark on Friday morning in Asia after the United States was set to move forward on a $2.2 trillion relief package to deal with the fallout of the COVID-19 pandemic. The U.S. dollar index, which tracks the greenback against a basket of other currencies, slid […]
U.S. automakers to extend shutdown into April
By Administrator_India Capital Sands Detroit’s Big Three automakers plan to extend a current shutdown of vehicle production in North America into April as the coronavirus pandemic continues, people briefed on the matter said Tuesday. The automakers had said on March 18 they would halt production until at least March 30. Ford Motor Co. said in a […]
घर बैठे इंटरनेट के जरिए कमाएं पैसा, हर महीने कमाने का मौका
कोरोना वायरस के खतरे को देखते हुए ज्यादातर लोग घर से काम कर रहे हैं. लेकिन, कई ऐसे भी लोग हैं, जिनकी कमाई फिलहाल बंद हो गई है | बिजनेसमैन से लेकर नौकरीपेशा तक परेशान है. ऐसे लोगों के लिए वर्क फ्रॉम होम काफी फायदेमंद है. ‘वर्क फ्रॉम होम’ यानी घर से काम, ये वो […]
India’s poor, hammered by coronavirus lockdown, fear for future
By Administrator_India Capital Sands Shaikh Bahaduresha, 31, lived on Mumbai’s streets for two months last year, unable to make ends meet on his meagre taxi-driving profits of roughly $5 a day. After he got married in December, his wife put some money towards renting a small apartment, and they moved in together. But with much […]
Oil markets slump amid coronavirus chaos
By Administrator_India Capital Sands Oil prices fell on Monday as governments escalated lockdowns to curb the spread of the global coronavirus outbreak that has slashed the demand outlook for oil and threatened a global economic contraction. Brent crude futures fell $1.09, or 4%, to $25.89 a barrel. West Texas Intermediate crude futures was down 15 […]
Russia Halts Easing as Ruble Takes Hit from Oil, Virus
By Ritu, Capital Sands The Bank of Russia bucked a global trend for interest-rate cuts amid the spread of coronavirus by keeping borrowing costs on hold amid a currency slump. The benchmark interest rate was held at 6%, according to a statement Friday, following 175 basis points of easing in the past year. The decision […]