By Administrator_India Capital Sands Days after a border clash with China this month in which 20 Indian soldiers were killed, New Delhi told firms to find ways to cut imports from China. But two big industries, automobiles and pharmaceuticals, say this is easier said than done. Like many countries, India relies on China for […]
By Administrator_India Capital Sands Oil prices slipped on Thursday, extending losses of more than 5% in the previous session, weighed down by record high U.S. crude inventories and worries that a rapid resurgence in COVID-19 cases could choke a revival in fuel demand. U.S. WTI crude futures fell 26 cents, or 0.7%, to $37.75 per […]
By Administrator_India Capital Sands Indian and Chinese military commanders have agreed to step back from a confrontation over a disputed stretch of border where a clash last week left 20 Indian soldiers dead, government officials in New Delhi and Beijing said on Tuesday. “There was a mutual consensus to disengage,” an Indian government source said, […]
By Administrator_India Capital Sands Britain’s car industry called on the government to introduce additional measures such as a sales tax cut to boost the sector as a third of automotive workers remain furloughed due to the coronavirus outbreak. Factories closed in March as a lockdown was enforced to contain the spread of the pandemic […]
By Administrator_India Capital Sands India’s drug regulator has given Hetero Labs and Cipla Ltd the green light to manufacture and market their generic version of Gilead Sciences Inc’s experimental COVID-19 treatment remdesivir, the Indian pharmaceutical companies said on Sunday. India’s Cipla said its generic version of remdesivir will be called Cipremi. The Drug Controller […]
By Administrator_India Capital Sands Asian shares and U.S. stock futures wobbled in choppy trade on Friday as lingering concerns about an fresh spike in coronavirus cases offset growing hopes for a quick economic recovery. MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.06%. U.S. S&P 500 e-minis moved in and out of the […]
By Administrator_India Capital Sands The dollar held its earlier gains on Thursday morning in Asia, amid growing concern over the spike in COVID-19 cases in China and the U.S. Beijing reported 21 new cases linked to an outbreak at the Xinfadi market on Wednesday, while Texas reported an 11% jump in hospitalizations on the […]
By Administrator_India Capital Sands Oil prices fell on Wednesday as data showed an increase in U.S. crude and fuel inventories, raising the prospect of oversupply as a potential second wave of the coronavirus pandemic threatened to halt any recovery of demand. Brent crude futures were down 89 cents, or 2.2%, at $40.07 a barrel […]
By Administrator_India Capital Sands India’s capital is fast running out of hospital beds amid a surge in coronavirus cases and is struggling to contain the pandemic, after critics said it did too little to prepare and reopened shopping malls and temples too soon. Some families of people infected with COVID-19 have complained about having to […]
By Administrator_India Capital Sands Gold was down in Asia on Monday morning, giving up some of its earlier gains, amid increasing investor fears of a second wave of COVID-19 cases over the weekend. Beijing reported a surge of 57 new cases on June 13 after weeks of single-digit numbers, after an outbreak in the […]
