By Administrator_India Capital Sands India is turning from man to machines to improve the quality and speed of its economic data, which has been criticized as inadequate, delayed or even confusing due to sharp and unexpected revisions. The Ministry of Statistics is ramping up use of artificial intelligence for collecting, analyzing and reporting data to better monitor […]
Tag: Economy News
Global stocks rally on treatment hopes, currencies await ECB
By Administrator_India Capital Sands Asian stocks rose to a fresh seven-week high on Thursday, lifted by encouraging early results from a COVID-19 treatment trial, though bonds and currencies held cautious ranges ahead of a European Central Bank meeting later in the day. Anthony Fauci, the top U.S. infectious disease official, said Gilead’s antiviral remdesivir will […]
Saudi G20 presidency urges more donations to fund pandemic response
By Administrator_India Capital Sands The Saudi presidency of the Group of 20 major economies on Thursday called for further immediate donations to fund the emergency response to the coronavirus pandemic and develop needed vaccines. The G20 secretariat said $1.9 billion had been donated by countries, philanthropic organizations and the private sector toward an $8 billion […]