By Administrator_India, Capital Sands Indian economic growth is poised to bounce back after slipping to a more than six-year low of 4.5% in the July-September quarter as the government has taken measures to prop up investments and consumer demand. “Corporate tax reductions, the Insolvency and Bankruptcy Code and the banking sector reforms have helped and […]
By Administrator_India, Capital Sands A new coronavirus has killed 25 people in China and infected more than 800, the government said on Friday, as the World Health Organization declared it an emergency but stopped short of declaring the epidemic of international concern. China’s National Health Commission said 830 cases had been confirmed so far and […]
By Administrator_India, Capital Sands Asian shares and U.S. stocks fell on Thursday as investors remained anxious about the spread of a new flu-like virus in China just as millions prepared to travel for the Lunar New Year. Oil futures tumbled to seven-week lows as the contagion was expected to hit airline travel, while the International […]
By Administrator_India, Capital Sands India stocks were lower after the close on Wednesday, as losses in the Metals, Oil & Gas and Power sectors led shares lower.At the close in NSE, the Nifty 50 lost 0.52%, while the BSE Sensex 30 index lost 0.50%. The best performers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 4.89% or 13.90 points […]
By Administrator_India, Capital Sands European shares slipped on Tuesday as mounting concerns over a new coronavirus originating in China sparked demand for safe-haven assets. The outbreak reminded investors of the economic fallout from the SARS crisis in 2003 that killed nearly 800 people, especially due to the increased threat of infection as hundreds of millions […]
By Ritu, Capital Sands After refusing to cooperate with the Democratic Party-led impeachment probe in the House of Representatives, President Donald Trump will on Monday offer his first comprehensive defense, before his trial begins in earnest in the Senate. Trump, only the fourth of 45 American presidents to face the possibility of being ousted by […]
By Ritu, Capital Sands Prime Minister Boris Johnson will call for deeper investment ties between Britain and Africa at a summit for leaders of 21 African countries on Monday that comes days before his country will leave the European Union. After securing Britain’s departure from the EU, the world’s largest trading bloc, on Jan. 31, […]
By Ritu, Capital Sands As the budget day draws near, economists have strongly argued against personal tax cuts arguing that government should use the money it has to invest and stimulate demand. Exports said income tax cut would benefit only 2-3 percent of the population and may not be the best option to stimulate growth. […]
By Ritu, Capital Sands In a massive outreach by the central government in Jammu and Kashmir two months after it formally became a Union territory, about 36 union ministers are scheduled to visit it from January 18 to January 25 to meet people and exchange ideas on the possibilities in the region. While the Citizenship Amendment Act […]
By Ritu, Capital Sands Michael Debabrata Patra, 59, has been appointed the Reserve Bank of India (RBI) deputy governor for three years. The post fell vacant after Viral Acharya resigned on July 23 last year. Patra, as executive director of the central bank, was the principal advisor to the Monetary Policy Department since July 2012. […]