By Administrator_India Capital Sands India’s factory slump deepened in July as renewed lockdown measures to contain surging coronavirus cases weighed on demand and output, raising the chances of a sharper economic contraction, a private business survey showed on Monday. Asia’s third-largest economy, which has the third-highest coronavirus caseload globally, is expected to shrink at its […]
By Administrator_India Capital Sands India’s retail inflation picked up in June, pushed by price increases for some food and fuel items, but economists said the central bank could still ease rates because of concerns about economic slowdown caused by lockdown. Annual retail inflation rose to 6.09% in June, compared to 5.84% in March, and 5.30% […]
By Administrator_India Capital Sands Oil prices rose on Tuesday on clear signs that producers are sticking to commitments to cut crude supply as more cars get back on the road with coronavirus lockdowns easing around the world. U.S. WTI crude futures gained 2.3%, or 75 cents, to $34.00 as of 0057 GMT. There was no […]