By Administrator_India Capital Sands Indian banks may restructure loans worth Rs 8.4 trillion–about 7.7 per cent of total credit in March 2020–to manage financial stress caused by the corona-virus pandemic. The loans cover corporate and non-corporate accounts that banks may recast under the Reserve Bank of India’s recent norms, according to India Ratings. Almost 60 per cent of Rs […]
By Administrator_India Capital Sands The dollar was flat on Wednesday morning in Asia, with the safe-haven asset slowly recovering heavy losses from the previous session over the uncertainty surrounding the latest stimulus measures and, in turn, U.S. economic recovery from COVID-19. The U.S. Dollar Index that tracks the greenback against a basket of other currencies […]
By Administrator_India Capital Sands In a match completely dominated by the wicket-keepers, Dhoni overshadowed Kumar Sangakkara’s unbeaten century to help India register a famous win. Sangakkara’s 138* helped Sri Lanka post an imposing 298/4. However, Dhoni went a step ahead as his 145-ball unbeaten 183, consisting of 15 fours and 10 sixes, took India […]
By Administrator_India Capital Sands Oil was up on Monday morning in Asia, following news that China plans to increase imports of U.S. crude in the coming months. However, new COVID-19 outbreaks capped gains. WTI futures were up 0.79% to $42.34 and Brent oil futures rose 0.65% to $45.09. According to the U.S. government, tankers […]
Spread & tick (Pips) is a derivative product, which means you don’t take ownership of the underlying asset but speculate on whichever direction you think its price will move – up or down. If your prediction is correct, you could profit, however if the price moves against you, you would incur a loss. Interested in […]
By Administrator_India Capital Sands Vietnam recorded a trade surplus of $2.8 billion in July, widening from a surplus of $1.85 billion in June, government customs data released on Wednesday showed. Exports in July rose 10.2% from June to $24.87 billion, while imports were up 6.7% to $22.10 billion, the Customs Department said in a statement. […]
Entrepreneurs are people who dare to go think beyond the obvious and make things happen. Their way of thinking goes beyond the creative ability of their competitors. Businesses which now have a global presence were once small and unassuming. One such example is Arun Kumar Saini (Young Indian Entrepreneur) After dropping out of school began […]
By Administrator_India Capital Sands India on Friday reported a record daily jump of 62,538 coronavirus infections, taking the country’s total to 2.03 million, the health ministry said. The country became the third nation to record more than 2 million cases of the novel coronavirus, behind the United States and Brazil, as infections spread further […]
By Administrator_India Capital Sands President Donald Trump thwarted efforts to cripple his re-election campaign’s financial advantage, as Republican donors forked over record cash in July, campaign disclosures showed on Wednesday. Trump’s campaign and closely allied groups pulled in $165 million during the typically sluggish political fundraising month of July, more than Democratic rival Joe […]
By Administrator_India Capital Sands Saudi Arabia’s non-oil private sector stabilised in July after four months of contraction, a survey showed on Wednesday, suggesting the worst of the disruption caused by the coronavirus pandemic may be over. The seasonally adjusted IHS Markit Saudi Arabia Purchasing Managers’ Index (PMI) rose to 50.0 from 47.7 in June, […]
