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Abe, Trump agree to cooperate on steps to fight coronavirus
By Administrator_India Capital Sands Japanese Prime Minister Shinzo Abe and U.S. President Donald Trump on Friday agreed to cooperate closely on measures to prevent the spread of coronavirus, including the development of drugs and vaccines, Japan’s top government spokesman said. Abe and Trump held talks by phone for about 45 minutes from around 10:00 […]
Dollar Up in The Aftermath of Bad Economic News
By Administrator_India Capital Sands The dollar was up on Thursday morning in Asia with investor risk appetite soured by an onslaught of bad economic news. The US Dollar Index that tracks the greenback against a basket of other currencies gained 0.05% to 100.185, as investors looked to the dollar as a safe haven. The U.S. said overnight that private employers laid […]
India’s services activity collapses as coronavirus paralyses global economy
By Ritu, Capital Sands India’s services activity suffered a shock collapse in April as the coronavirus lockdown crippled global demand, causing a historic spike in layoffs and reinforcing fears of a deep recession in Asia’s third-largest economy, a private survey showed. The grim result for the industry, the engine of economic growth and jobs, underlined […]
New Zealand first-quarter jobless rate inches up but coronavirus shock to be reflected in next quarter
By Administrator_India Capital Sands New Zealand’s jobless rate rose to 4.2% in the first quarter ahead of a strict lockdown that was enforced to limit the spread of the novel coronavirus, according to data released by Statistics New Zealand on Wednesday. The headline figure was only slightly higher than a 4.0% jobless rate in […]
Delhi imposes 70% ‘corona tax’ on alcohol to deter large crowds
By Ritu, Capital Sands Officials in India’s capital imposed a special tax of 70% on retail liquor purchases from Tuesday, to deter large gatherings at stores as authorities ease a six-week lockdown imposed to slow the spread of the coronavirus. Taxes on alcohol are a key contributor to the revenue of many of India’s 36 […]
Britain needs trade deal with EU to remove uncertainty: U.S. Chamber
By Administrator_India Capital Sands The top U.S. business lobby on Monday urged Britain to conclude a bilateral trade deal with the European Union as quickly as possible to remove the uncertainty that is limiting investment
flows and could pose risks to its trade talks with the United States. The Chamber of Commerce, in a series […]
Trust is the Key to success: Arun Kumar Saini
It is enviable success story of a young entrepreneur, who made a turnover in crore for his companies in just 5 year Capital Group of Companies & ario Holdings is the leading companies in India as well as in abroad, is on the threshold of future development. Started just Five year ago. Arun KumarSaini started his […]
Oil Down As Producers Continue to Grapple With Oversupply
By Administrator_India Capital Sands Oil was down on Monday morning in Asia, unable to hold onto its gains from the previous session. Brent oil futures lost 3.57% to $25.66 and WTI futures slid 8.04% to $18.19, even as a 10-million-barrel daily cut in production agreed to by OPEC+ in early April coming into effect on Friday. Brent futures have fallen almost 60% this year, hitting […]