By Administrator_India, Capital Sands Police used tear gas to disperse large crowds in India’s capital of New Delhi on Sunday in the latest eruption of violence at protests over a new citizenship law, police officials said. Hundreds of people supporting the new law clashed with those opposing it, with the two groups pelting each other […]
By Administrator_India, Capital Sands China cut the benchmark lending rate on Thursday, as widely expected, as the authorities move to lower financing costs for businesses and support an economy jolted by a severe coronavirus outbreak. The epidemic has disrupted global supply chains and caused widespread disruption to businesses and factory activity in China, prompting authorities […]
By Administrator_India, Capital Sands India will consider extending deadlines for completing solar energy projects to shield developers from stiff penalties after the coronavirus outbreak hit component supplies from China, a top government official said on Tuesday. Ratings agency Standard and Poor’s Indian unit, Crisil, warned on Monday that nearly three gigawatts of solar power projects […]
By Ritu, Capital Sands The return of risk aversion to the financial markets Tuesday has prompted more gains for the U.S. dollar, amid concerns about the extent of the damage caused by the coronavirus in China, but sterling is also showing signs of strength. EUR/USD traded at 1.0836, just off the low of 1.0823, the lowest […]
By Ritu, Capital Sands Oil prices were little changed on Monday as concerns of falling fuel demand caused by the economic fallout from the coronavirus outbreak in China were offset by expectations that output cuts from major producers will tighten crude supply. U.S. West Texas Intermediate crude rose 3 cents to $52.08 a barrel, after […]
By Administrator_India, Capital Sands Asian shares reversed earlier losses on Monday and moved back toward a three-week top as Chinese efforts to cushion the blow from a coronavirus outbreak cheered investors, although Japanese stocks faltered amid growing recession risks. Trading is expected to be light as U.S. stocks and bond markets will be shut on […]
By Administrator_India, Capital Sands India’s rural inflation rate surged faster than urban inflation for the first time in 19 months in January, and economists are optimistic that signals something the country desperately needs – a revival in demand in the rural economy. Around two-thirds of India’s population depends on the rural sector with agriculture accounting […]
By Ritu, Capital Sands India plans to offer around 6,000 acres of land in Kashmir as part of a business summit planned for April or May to help the Himalayan region after withdrawing its special rights and making sweeping administrative changes. Jammu and Kashmir was India’s only Muslim-majority state until August, when the federal government […]
By Administrator_India, Capital Sands Asian stock markets wobbled on Thursday while safe-havens such as the yen, gold and bonds rose as the number of new coronavirus cases and deaths in the outbreak’s epicentre jumped. China’s Hubei province, where the virus is believed to have originated, reported 242 new deaths, double the previous day’s toll, and […]
By Administrator_India, Capital Sands India is set to give final approval to a $2.6 billion deal for military helicopters from U.S. defence firm Lockheed Martin ahead of a proposed visit by U.S. President Donald Trump this month. Prime Minister Narendra Modi’s government is trying to pull out all the stops for Trump’s trip in a […]