Best Commodity Broker, Best ECN Broker in India, Best Forex Trading Company, Best MT5 Broker in India, Forex Analysis, Forex Trading with Capital Sands
March 19, 2020
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World leaders rush in to shore up panic-hit global financial system

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 […]

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March 19, 2020
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India mulls up to $1.6 billion rescue plan for aviation sector after coronavirus

By Administrator_India Capital Sands India is planning a rescue package worth as much as $1.6 billion for the aviation sector, which has been battered after the coronavirus outbreak forced countries to close borders and brought air travel to a near-halt. The Finance Ministry is considering a proposal that includes temporary suspension of most taxes levied […]

Best Commodity Broker, Best ECN Broker in India, Best Forex Trading Company, Best MT5 Broker in India, Forex Analysis, Forex Trading with Capital Sands
March 18, 2020
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Euro Under Pressure as Sovereign Spreads Balloon

Euro Under Pressure as Sovereign Spreads Balloon

By Ritu, Capital Sands The euro is under pressure Wednesday, as bond markets remind euro zone countries of the costs of the measures needed to combat the coronavirus outbreak. EUR/USD traded at 1.0971, down 0.2%, after falling as low as 1.0953 overnight. Europe has become the chief battleground against the virus, with deaths continuing to soar […]

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March 16, 2020
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Coronavirus hits ‘heart and soul’ as New York

Coronavirus hits 'heart and soul' as New York

By Ritu, Capital Sands Bars, restaurants, theatres and movie houses in New York and Los Angeles were ordered to shut down to combat the spread of the coronavirus pandemic as central banks around the world took aggressive steps to cushion the economic impact of the disease. The U.S. Federal Reserve slashed interest rates, for the […]

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March 13, 2020
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India ready to take steps to calm markets over coronavirus

India ready to take steps to calm markets over coronavirus

By Ritu, Capital Sands The Indian government and financial regulators will take necessary steps to calm markets gripped by fears over coronavirus, the government’s chief economic adviser Krishnamurthy Subramanian said on Friday. “Government and regulator will be responding when it will be necessary,” Subramanian told reporters in response to a question if the government planned […]

Best ECN Broker in India, Best Forex Trading Company, Best MT5 Broker in India, Forex Analysis
March 13, 2020
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India’s retail inflation moderates, paves way for RBI action

By Administrator_India Capital Sands India’s retail inflation eased to a two-month low in February, helped by a smaller increase in food prices, paving the way for a potential interest rate cut by the central bank amid concerns of economic activity losing steam due to the coronavirus. Inflation rose to 6.58%, but remained above the Reserve […]

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March 12, 2020
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India orders international cricket matches in empty stadiums to combat coronavirus

India orders international cricket matches in empty stadiums to combat coronavirus

By Ritu Capital Sands The India government has ordered upcoming international cricket matches to be played in empty stadiums, as travel operators warned of an unprecedented impact of a blanket visa ban by the government to combat the spread of coronavirus. With just 68 confirmed cases and no deaths, India has so far been relatively […]

Best ECN Broker in India, Best Forex Trading Company, Best MT5 Broker in India, Forex Analysis
March 12, 2020
59 views 2 mins 0

There was enough time to put together plan for Yes Bank, says Raghuram Rajan

By Administrator_India Capital Sands Former RBI governor Raghuram Rajan on March 11 said there was a lot of time to put together a plan for Yes Bank which had given enough notice about the problems it was facing. Crisis-ridden Yes Bank was put under a moratorium last week, with the RBI capping withdrawals at Rs 50,000 […]

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March 09, 2020
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Asian Stocks Plummet Amid Oil Price War

By Administrator_India Capital Sands Asian stock markets traded sharply lower on Monday morning as oil prices slumped following reports that OPEC failed to reach a deal with its allies on production cuts. Japan’s Nikkei 225 slid 5.5% after data showed the country’s GDP shrank at an annualized pace of 7.1%, which was faster than expected. Prime Minister […]

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March 05, 2020
39 views 2 mins 0

OPEC looks to cut production as virus outbreak hits demand

OPEC looks to cut production as virus outbreak hits demand

By Ritu, Capital Sands The oil-producing countries of the OPEC cartel are considering slashing output to contain a plunge in prices that has been worsened by concerns about the virus outbreak’s disruption to the world economy. Oil ministers from the group’s 14 countries were gathering in Vienna on March 5 as energy producers were taking a […]