By Administrator_India Capital Sands India has moved four places on the Global Innovation Index 2020 to rank at 48 since 2019. This makes it the third-most innovative lower middle-income economy in the world, according to the report. India at the 48th place also retains the highest rank in the central and southern Asia region. The […]
By Administrator_India Capital Sands The April-June quarter GDP data, released on Monday, showed the deepest damage in the employment-creating sectors, like construction and manufacturing. This comes at a time the Centre and the Finance Ministry are talking about green shoots in the economy. According to the data released by the National Statistical Office, the construction […]
By Administrator_India Capital Sands The dollar inched down on Monday morning in Asia, giving up some earlier gains, with investors still digesting U.S. Federal Reserve Chairman Jerome Powell’s speech at the Jackson Hole symposium the previous Thursday. Powell’s speech unveiled the Fed’s new approach to inflation, which has been interpreted to mean low rates […]
By Administrator_India Capital Sands Gold headed for a third weekly drop as investors weighed the impact of the Federal Reserve’s new approach to setting U.S. monetary policy, with a more relaxed stance on inflation. Chair Jerome Powell said that the Fed will seek inflation that averages 2% over time, a step that implies allowing […]
By Administrator_India Capital Sands Joblessness may be easing in India as the economy gradually reopens from the world’s biggest lockdown, but wage growth remains subdued — dashing hopes of a recovery in the consumption-driven economy. Wage bills of companies increased by just 2.9 per cent in the three months to June from a year […]
By Administrator_India Capital Sands Republicans pressed their case on Tuesday for U.S. President Donald Trump’s re-election over Democrat Joe Biden, arguing as their convention opened for a second day that Trump’s leadership was vital to the country’s economic and political future. First lady Melania Trump and U.S. Secretary of State Mike Pompeo will highlight the […]
By Administrator_India Capital Sands Few stories bring that reality into sharper focus than Simon Romero’s report in Monday’s Times on New Mexico’s neck-and-neck congressional race between first-term Democratic incumbent, Rep. Xochitl Torres Small, and Yvette Herrell, her Republican challenger. New Mexico has trended Democratic in recent years, and a June poll had Biden with a […]
By Administrator_India Capital Sands Asian stocks were up on Monday morning, with cautious optimism over a new potential COVID-19 treatment using blood plasma from recovered patients helping stocks start the week on a high note. The U.S. Food and Drugs Administrations (FDA) on Sunday said that it had issued “emergency use approval’ for the […]
By Administrator_India Capital Sands Oil clung onto its third week of gains, despite a retreat since mid-week on gloomy economic signals in the U.S. and a cautious tone from the Federal Reserve and OPEC+ producers. Futures in New York were little changed, after falling 0.7% on Thursday. Applications for U.S. unemployment benefits unexpectedly increased […]
By Administrator_India Capital Sands The Securities and Exchange Board of India (Sebi) has proposed to increase the minimum free float for companies relisting after undergoing the corporate insolvency resolution process (CIRP). The capital markets regulator has also called for greater disclosures to ensure better price discovery and transparency. The move is triggered by the extreme movement […]