By Ritu, Capital Sands The euro zone economy will contract by a record 7.7% this year because of the COVID-19 pandemic and inflation will almost disappear while public debt and budget deficits will balloon, the European Commission forecast on Wednesday. “Europe is experiencing an economic shock without precedent since the Great Depression,” European Commissioner for […]
By Administrator_India Capital Sands The United States and Britain launched formal negotiations on a free trade agreement on Tuesday, vowing to work quickly to seal a deal that could counter the massive drag of the coronavirus pandemic on trade flows and the two allies’ economies. The talks, to be conducted virtually, will involve over […]
By Ritu, Capital Sands Indian shares, led by Reliance Industries and HDFC Bank, tracked world markets higher on Tuesday, as the easing of coronavirus lockdowns in some countries spurred hopes of a restart in economic activity. The NSE Nifty 50 index was up 0.93% at 9,379.45 by 0505 GMT, while the S&P BSE Sensex was […]
By Administrator_India Capital Sands The coronavirus crisis has exposed the limitations of the existing international system and highlighted the need for a new template of globalization based on fairness, equality and humanity, Prime Minister Narendra Modi said on Monday. He was speaking at an online summit of the Non Aligned Movement (NAM), a forum of […]
It is enviable success story of a young entrepreneur, who made a turnover in crore for his companies in just 5 year Capital Group of Companies & ario Holdings is the leading companies in India as well as in abroad, is on the threshold of future development. Started just Five year ago. Arun KumarSaini started his […]
By Administrator_India Capital Sands Indian Prime Minister Narendra Modi’s government has extended a nationwide coronavirus lockdown until May 17 but has allowed some relaxations, which will take effect on Monday. The following lists what remains banned and what is permitted: NATIONWIDE: Travel by air, rail, and metro and inter-state movement of people by road remains […]
By Administrator_India Capital Sands Oil prices jumped on Friday, extending the previous session’s gains, buoyed by a lower-than-expected gain in U.S. crude inventories and the start of output cuts in a bid to offset a slump in fuel demand triggered by the coronavirus pandemic. Brent crude for July delivery, which started trading on Friday as […]
By Ritu, Capital Sands Indian shares jumped more than 3% on Thursday and were set for their best month in nearly 11 years, as sentiment improved on promising early results from a COVID-19 drug trial, while heavyweight Reliance Industries gained ahead of its results. The NSE Nifty 50 index advanced 3.11% to 9,850.3 by 0455 […]
By Administrator_India Capital Sands China’s factories suffered a collapse in export orders in April, twin surveys showed, suggesting a full-blown recovery appeared some way off as the coronavirus health crisis shut down large parts of the world economy. The sobering result comes amid moves by major nations to ease up on lockdowns, underlining the stiff […]
By Ritu, Capital Sands Lending to euro zone companies surged in March as firms rushed for emergency funding amid the continent’s coronavirus-related lockdown, data from the European Central Bank showed on Wednesday. With millions of people forced to stay home, the bloc came to a standstill last month and the economy could shrink by a […]
