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By  Administrator_India, Capital Sands The British economy’s post-election bounce gained strength in January as services companies enjoyed the strongest influx of new orders since mid-2018, a closely watched survey showed on Wednesday. The IHS Markit/CIPS UK Services Purchasing Managers’ Index rose to 53.9 January, a full point higher than a preliminary reading for the month […]

By  Administrator_India, Capital Sands Gaps in economic productivity between London and other regions of the United Kingdom are as wide as they were in 1901 and there is no quick fix to overcome them, a report for the British government said on Tuesday. Prime Minister Boris Johnson has promised to ‘level up’ parts of the […]

By  Administrator_India, Capital Sands The Chinese yuan was hard hit Monday after the reopening of the country’s financial markets, with traders using this opportunity to register their concerns over the outbreak of the deadly coronavirus and the impact this could have on growth in the country. USD/CNY traded at 7.0209, up 1.2%, breaking through the 7.0 level for […]

By  Administrator_India, Capital Sands   Gains in airlines and mining stocks helped European shares rise in early trading on Friday, on a day the United Kingdom officially ends its 40-year membership of the EU. The pan-European STOXX 600 , which was up 0.3% , was still looking at its second straight weekly decline on concerns […]

By  Administrator_India, Capital Sands European stock markets moved sharply lower Thursday, weighed by weakness in Asia as the death toll from the coronavirus continues to mount, and amid reports that the virus has now spread to India. The U.K.’s FTSE index was trading 51 points, or 0.7%, lower, France’s CAC 40 was down 75 points, or 1.3%, while […]

By  Administrator_India, Capital Sands Gold prices fell on Tuesday as investors booked profits from the recent rally and the dollar firmed, although concerns over a new coronavirus kept safe-haven bullion underpinned. Spot gold fell 0.2% to $1,577.85 per ounce by 0820 GMT, after hitting a near three-week peak on Monday. U.S. gold futures were flat […]

By  Administrator_India, Capital Sands India is seeking to renegotiate the long-term contract price of liquefied natural gas (LNG) it buys from Qatar, Oil Minister Dharmendra Pradhan said on Monday in New Delhi. “We need to re-examine the pricing mechanism” of the long-term natural gas deal with Qatar, Pradhan said at a gathering of industry officials […]

By Administrator_India, Capital Sands India’s corporate and income tax collection for the current year is likely to fall for the first time in at least two decades, over half a dozen senior tax officials told Reuters, amid a sharp fall in economic growth and cut in corporate tax rates. Prime Minister Narendra Modi’s government was […]