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March 12, 2020
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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 11, 2020
34 views 2 mins 0

Stocks fall as U.S. virus response disappoints investors

By Administrator_India Capital Sands Asian shares and Wall Street futures fell on Wednesday as growing scepticism about Washington’s stimulus package to fight the coronavirus outbreak knocked the steam out of an earlier rally. Markets had been recovering from a brutal global selloff on Monday that was triggered by the double shock of an oil price […]

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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 06, 2020
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India shuts Delhi schools, imposes new travel restrictions over coronavirus

By Administrator_India Capital Sands India shut all primary schools in the capital New Delhi until the end of March on Thursday and imposed new restrictions on travel from Italy and South Korea as part of efforts to fight the spread of the coronavirus. Prime Minister Narendra Modi postponed a trip to Brussels for a summit […]

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March 05, 2020
41 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 […]

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March 05, 2020
51 views 2 mins 0

India’s coronavirus cases nears 30, hits major payments firm Paytm

By Administrator_India Capital Sands The total number of known coronavirus cases in India rose sharply to 29 on Wednesday, including 16 Italian tourists who had tested positive for the disease as well as an employee of a digital payments company who had travelled to Italy. On Monday, the world’s second-most populous country had only six […]

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March 04, 2020
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Nifty, Sensex end lower as virus cases jump to 28

Nifty, Sensex end lower as virus cases jump to 28

By  Administrator_India, Capital Sands Indian shares closed lower on Wednesday after the country’s health minister confirmed the number of coronavirus cases had risen sharply to 28, fuelling worries that economic activity may be affected further. More than 93,000 cases have been reported worldwide, and several thousand have died from the flu-like coronavirus, which emerged in […]

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March 03, 2020
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OPEC ministers gather in Vienna as coronavirus hits demand

OPEC ministers gather in Vienna as coronavirus hits demand

By Ritu, Capital Sands OPEC ministers are beginning to arrive to Vienna on Tuesday as the group debates whether to further reduce oil production to tackle deteriorating demand from the global spread of the new coronavirus. The Organization of the Petroleum Exporting Countries and allies led by Russia agreed in December a collective cut of […]

Best ECN Broker in India, Best Forex Trading Company, Best MT5 Broker in India, Forex Analysis
March 03, 2020
44 views 2 mins 0

Stocks – Wall Street Surges at the Close as Financials, Tech Jump

By Administrator_India Capital Sands Stocks made a bullish start to the week Monday, shrugging off an uptick in coronavirus deaths in the U.S. amid a surge in tech and financials. The S&P 500 rose 4.6%, the Nasdaq Composite surged 4.5% and Dow Jones Industrial Average rose 1,294 points, or 5.1%. The Dow notched its biggest daily point gain ever, as did […]

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March 02, 2020
48 views 2 mins 0

Indonesia confirms first cases of coronavirus, link to Japanese visitor

Indonesia confirms first cases of coronavirus, link to Japanese visitor

By Ritu, Capital Sands Two Indonesians have tested positive for coronavirus after coming into contact with an infected Japanese national, President Joko Widodo said on Monday, marking the first confirmed cases in the world’s fourth-most populous country. The discovery comes after some medical experts had raised concerns about a lack of vigilance and a risk […]