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Madhya Pradesh govt on the edge as Jyotiraditya Scindia quits Congress

By Administrator_India https://capitalsands.com/ After sailing close to the wind since the Lok Sabha elections last year, the Madhya Pradesh government, run by the Congress, was on the verge of collapse on Tuesday, and it looks certain that Shivraj Singh Chouhan of the BJP will return as chief minister. Chouhan had been chief minister from 2005 to the […]

Protests in New Delhi against India's citizenship law ahead of Trump visit
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Protests in New Delhi against India’s citizenship law ahead of Trump visit

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 […]

China cuts benchmark lending rate to prop up virus-hit economy
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China cuts benchmark lending rate to prop up virus-hit economy

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 […]

India may give reprieve to solar projects delayed by coronavirus fallout
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India may give reprieve to solar projects delayed by coronavirus fallout

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 […]

India's use of facial recognition tech during protests causes stir
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India’s use of facial recognition tech during protests causes stir

By  Administrator_India, Capital Sands When artist Rachita Taneja heads out to protest in New Delhi, she covers her face with a pollution mask, a hoodie or a scarf to reduce the risk of being identified by police facial recognition software. Police in the Indian capital and the northern state of Uttar Pradesh – both hotbeds […]

Asian shares slump, bonds rally as virus fears grow
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Asian shares hover around three-week highs on Chinese support measures

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 […]

Economists eye silver lining in India's rising rural inflation numbers
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Economists eye silver lining in India’s rising rural inflation numbers

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 […]

India to woo businesses to Kashmir in planned investment summit
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India to woo businesses to Kashmir in planned investment summit

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 […]