By Administrator_India Capital Sands Russia supports a recommendation to deepen OPEC+ global oil supply curbs to compensate for a drop in demand caused by the coronavirus, Foreign Minister Sergei Lavrov said on Thursday. A technical panel that advises the Organization of Petroleum Exporting Countries (OPEC) and its allies led by Russia proposed a provisional cut […]
By Administrator_India, Capital Sands Indian market gained momentum after the MPC kept rates stable at 5.15 percent on expected lines on Thursday, but incentivizing credit flow to certain stressed sectors like Auto, housing and MSMEs, by exempting them from CRR on incremental credit to these sectors till July 2020 boosted sentiment. The S&P BSE Sensex […]
By Administrator_India Capital Sands Asian stocks edged up on Thursday, cheered by record closes in Wall Street benchmarks after encouraging economic data, although investors kept a wary eye on the developments in the coronavirus outbreak. MSCI’s broadest index of Asia-Pacific shares outside Japan gained 1.14% while Japan’s Nikkei rose 2.07%. Mainland Chinese shares edged up, […]
By Administrator_India Capital Sands Singapore’s central bank said its exchange rate-based monetary policy stance remains appropriate and that the currency has room to ease within its current settings amid weakening economic conditions due to the outbreak of the coronavirus in China. Singapore, which recorded its lowest growth rate in a decade last year, has warned […]
By Administrator_India, Capital Sands India is likely to issue at least $5 billion worth of bonds with no limits on foreign investment next year, in a bid to list the bonds on global indices and attract more foreign funds, according to two finance ministry sources. India’s government is likely to issue the bonds in several […]
By Administrator_India Capital Sands Turkey said on Monday its military hit dozens of Syrian government targets after eight Turkish military personnel were killed by shelling in Idlib in northwest Syria, where fighting threatens to test ties between Ankara and Moscow. Turkey and Russia are on opposing sides in the fighting in Idlib and, though they […]
By Administrator_India, Capital Sands European shares opened a tad higher on Monday as investors were relieved that the UK finally exited the EU, although concerns over the growing Chinese coronavirus dampened enthusiasm. The pan-European STOXX 600 index rose 0.3% by 0803 GMT. Britain officially left the EU on Friday, ending years of financial and political […]
By Administrator_India Capital Sands Wildfires that threatened Australia’s capital, Canberra, over the weekend have been brought under control as containment lines held and hot and windy conditions eased, prompting authorities to lift a state of emergency. While fire in the Australian Capital Territory (ACT), home to the capital city, has spread to more than 55,000 […]
By Administrator_India Capital Sands Wildfires that threatened Australia’s capital, Canberra, over the weekend have been brought under control as containment lines held and hot and windy conditions eased, prompting authorities to lift a state of emergency. While fire in the Australian Capital Territory (ACT), home to the capital city, has spread to more than 55,000 […]
By Administrator_India, Capital Sands British mortgage approvals hit their highest level in nearly two-and-a-half years in December, according to Bank of England data on Friday that added to signs of an economic pick-up since last month’s election. The number of mortgages approved for house purchase rose to 67,241 in December – higher than the consensus […]
