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Asian shares track Wall Street surge as US stimulus hopes grow
By Administrator_India Capital Sands Asian shares extended their rally on Wednesday in the wake of Wall Street’s big gains as US Congress appeared closer to passing a $2 trillion stimulus package to curb the coronavirus pandemic’s economic toll. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.3% with Australian shares rising 4.5% and South […]
Banks struggle to ride to the rescue in Europe’s cash crunch battle
By Administrator_India Capital Sands Corrado Sforza Fogliani is on the frontlines of European efforts to keep the region’s economy alive amid the coronavirus pandemic. His small cooperative bank, Banca di Piacenza, in Italy’s virus-ravaged north, has been flooded with applications from customers seeking loan extensions, debt relief and renewal of credit lines. Buried in paperwork […]
घर बैठे इंटरनेट के जरिए कमाएं पैसा, हर महीने कमाने का मौका
कोरोना वायरस के खतरे को देखते हुए ज्यादातर लोग घर से काम कर रहे हैं. लेकिन, कई ऐसे भी लोग हैं, जिनकी कमाई फिलहाल बंद हो गई है | बिजनेसमैन से लेकर नौकरीपेशा तक परेशान है. ऐसे लोगों के लिए वर्क फ्रॉम होम काफी फायदेमंद है. ‘वर्क फ्रॉम होम’ यानी घर से काम, ये वो […]
Gold Extends Surge After Fed Unveils Measures to Support Economy
By Administrator_India Capital Sands Gold extended gains after the Federal Reserve took unprecedented measures to shore up the U.S. economy, which has been hit by the spread of the coronavirus. In a surprise announcement Monday, the U.S. central bank said it would buy unlimited amounts of Treasury bonds and mortgage-backed securities to keep borrowing costs […]
Saudi imposes curfew to curb coronavirus spread, UAE suspends passengers flights
By Administrator_India Capital Sands Saudi Arabia will impose a nationwide curfew starting on Monday after reporting a jump of almost a quarter in coronavirus cases, while the United Arab Emirates will suspend all passenger and transit flights to and from the country. Saudi King Salman ordered a curfew – from 7 pm to 6 am […]
Putin Won’t Submit to What Is Seen as Saudi Oil-Price Blackmail
By Ritu, Capital Sands Russian President Vladimir Putin will refuse to submit to what the Kremlin sees as oil blackmail from Saudi Arabia, signaling the price war that’s roiling global energy markets will continue. The unprecedented clash between the two giant exporters — and former OPEC+ allies — threatens to push the price of a […]
India to halt international flights; Modi urges citizens to stay home as virus spreads
By Administrator_India Capital Sands Prime Minister Narendra Modi appealed to citizens to stay home and avoid panic buying, even as India outlined plans to halt all international flights and rushed to stem the spread of coronavirus cases in the country. In a late night address to the nation on Thursday, Modi said people should leave […]
World leaders rush in to shore up panic-hit global financial system
By Ritu, Capital Sands World leaders raced to shore up panic-stricken global markets on Thursday, pouring liquidity into the financial system as investors everywhere dumped assets, switching to dollars in cash amid the escalating coronavirus pandemic. Policymakers in the United States, Europe and Asia resorted to emergency action as the pandemic left their economies virtually […]