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Oil prices slip on uncertainty over U.S. recovery, stimulus
By Administrator_India Capital Sands Oil prices slipped on Friday, adding to losses in the previous session, on worries that fuel demand growth will drop amid a resurgence of coronavirus cases and as talks have stalled in the United States on a new stimulus deal. U.S. West Texas Intermediate (WTI) crude futures slipped 2 cents […]
Trans-Pacific trade bloc says to ensure food, medicine supplies amid pandemic
By Administrator_India Capital Sands Ministers from a trans-Pacific trade bloc have agreed to fight protectionism and avoid food and medicine shortages during the coronavirus pandemic, they said in a joint statement published on Wednesday. “We strongly believe that given the current circumstances, it is more important than ever to counter protectionism,” said the statement, […]
U.S. coronavirus fraud losses near $100 million as COVID scams double
By Administrator_India Capital Sands U.S. losses from coronavirus-related fraud and identity theft have reached nearly $100 million since the pandemic emerged in March, while complaints of COVID-19 scams have at least doubled in most states, a consumer protection group said on Tuesday. A report from the group, based on government data, highlighted the vast […]
Australian state to deploy military, impose hefty fines to enforce COVID-19 isolation
By Administrator_India Capital Sands Australia’s second-most populous state Victoria said on Tuesday military personnel will be deployed to enforce COVID-19 isolation orders, with anyone caught in breach of those rules facing hefty fines as high as A$20,000 ($14,250.00). Australia, once heralded as a global leader in containing COVID-19, is desperately trying to slow the […]
Asian stocks falter as global growth fears temper tech boost
By Administrator_India Capital Sands Asian shares wobbled in a choppy session on Friday as abysmal economic data from the United States and rising global COVID-19 cases weighed on sentiment, despite strong U.S. tech earnings and signs of manufacturing recovery in China and Japan. The U.S. dollar was also set for its worst month in […]
India’s 2020 gold demand may hit 26-year low as prices rally: WGC
By Administrator_India Capital Sands India’s gold demand in 2020 is expected to fall to the lowest level in 26 years with domestic bullion prices hitting a record high and as falling disposable incomes could curtail retail purchases, the World Gold Council (WGC) said on Thursday. Lower demand by the world’s second-biggest bullion consumer could […]
India’s gloomy outlook darkens, recovery path in doubt
By Administrator_India Capital Sands The outlook for India’s reeling economy has worsened again as business activity slows and COVID-19 infections soar, and will probably prompt the Reserve Bank of India to cut interest rates again soon. The latest findings echo recent criticism of New Delhi’s $266 billion economic rescue package, which does not include […]
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