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Oil drops after China abandons target for 2020 GDP amid coronavirus outbreak

Commodity price
89 views 2 mins

By Administrator_India Capital Sands   Oil prices slumped on Friday after China’s decision to omit an economic growth target for 2020 renewed concerns that the fallout from the coronavirus pandemic will continue to depress fuel demand in the world’s second-largest oil user. Brent crude fell $1.56, or 4.3%, to $34.50 a barrel, after gaining nearly […]

FEATURE

Trump defends his use of unproven treatment as prevention against coronavirus

Business
99 views 2 mins

By Administrator_India Capital Sands   U.S. President Donald Trump on Tuesday defended taking a prescription malaria drug to try to ward off the novel coronavirus despite medical warnings about its use. “People are going to have to make up their own mind,” Trump said about hydroxychloroquine during a visit to the U.S. Capitol. “I think […]

FEATURE

German investor morale improves on hopes for economic turnaround

Economy
85 views 2 mins

By Administrator_India Capital Sands German investor sentiment improved much more than expected in May as concerns about the impact of the coronavirus pandemic on Europe’s largest economy eased and hopes for a recovery in second half of the year grew, a survey showed on Tuesday. The German economy is facing its deepest recession since World […]

FEATURE

Cafes and churches open in Italy and Greece; Spain eyes summer reboot

Covid-19
84 views 3 mins

By Administrator_India Capital Sands   Italian shops, restaurants, and churches reopened their doors to spring sunshine on Monday, Greece welcomed visitors back to the Acropolis – and Spain hoped for tourists to return in summer in cautious steps to ease coronavirus lockdowns. Italians could once again sip their morning cappuccino at the bar, albeit at […]

FEATURE

Dollar Consolidates, Still in Demand

Forex Analysis
85 views 3 mins

By Administrator_India Capital Sands The U.S. dollar has seen some selling in early European trade Monday, but from lofty heights as tensions between China and the U.S. continue to simmer and Japan enters recession.  At 2:40 AM ET (0645 GMT), the U.S. Dollar Index, which tracks the greenback against a basket of six other currencies, stood […]

FEATURE

Oil prices jump more than $1 ahead of WTI June contract expiry

Covid-19
83 views 2 mins

By Administrator_India Capital Sands Oil prices climbed by more than $1 a barrel on Monday to their highest in more than a month, supported by ongoing output cuts and signs of a gradual recovery in fuel demand as more countries ease curbs imposed to stop the coronavirus pandemic spreading. Brent crude LCOc1 was up $1.19, […]

FEATURE

Success is the fruit of Hard work

Entrepreneur
84 views 53 secs

Success is the fruit of Hard work Entrepreneurs are people who dare to go think beyond the obvious and make things happen. Their way of thinking goes beyond the creative ability of their competitors. Businesses which now have a global presence were once small and unassuming. One such example is Arun Kumar Saini (Young Indian Entrepreneur) […]

FEATURE

FM extends Rs 3.2-trillion stimulus to migrant workers and farmers

Covid-19
84 views 2 mins

By Administrator_India Capital Sands In its second package, the government on Thursday announced Rs 3.16 trillion support for vulnerable sections, including migrant workers, farmers, tribals, street vendors, and the middle class — all hit hard by the lockdown. However, experts said implementation was the key because identifying beneficiaries was a challenge. They also said the government […]