Sensex, Nifty track global surge as lockdowns eased Market

Sensex, Nifty track global surge as lockdowns eased

  • May 5, 2020
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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 […]

COVID19 Economy

World will need a new template of globalisation post COVID-19: PM Narendra Modi

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 […]

COVID19 Lockdown in India

India’s new rules for the coronavirus lockdown

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 […]

'Full fury' of coronavirus sends German business morale to record low Business Economy

Oil prices surge again U.S. stockpiles grow less than feared, output cuts kick in

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 […]

China COVID19

Chinese factories struggle to fire in April as slump in export orders deepens

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 […]

Euro zone lending surges to decade-high amid pandemic lockdown Economy

Euro zone lending surges to decade-high amid pandemic lockdown

  • April 29, 2020
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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 […]

Dollar Slides Amid Economic Reopening Discussions Forex

Dollar Slides Amid Economic Reopening Discussions

By Administrator_India Capital Sands The U.S. dollar sold off aggressively in early trade Monday, with traders turning away from the safe haven as more and more countries announce a gradual lifting of their Covid-19 restrictions. At 3 AM ET (0700 GMT), the U.S. Dollar Index, which tracks the greenback against a basket of six other currencies, […]