By Administrator_India Capital Sands India and the United States are closing in on a trade deal, Commerce Minister Piyush Goyal said on Tuesday, after two years of negotiations. India is seeking concessions for generic drugs it exports to the United…
Category: ECONOMIC NEWS
By Administrator_India Capital Sands Indian shares rose on Monday as earnings from lender HDFC Bank lifted financial stocks, countering the impact of a surge in domestic coronavirus cases past one million. The NSE Nifty 50 index rose 0.6% to 10,969.9…
By Administrator_India Capital Sands Indian shares rose on Tuesday, with the benchmark index set for its best quarter since 2009, as upbeat U.S. and China data renewed economic recovery hopes, while investors awaited Prime Minister Narendra Modi’s speech later in…
By Administrator_India Capital Sands India’s eastern Bihar state, one of the country’s largest and poorest states, posted a steep rise in unemployment in the year ended June 2019 to record nearly double the national jobless rate, only months out from…
By Administrator_India Capital Sands Umesh Patil, a farmer in western India, pawned 40 grams of gold jewellery to raise 130,000 rupees ($1,723.11) to buy supplies needed to plant his next crop. Many Indians are using gold to secure loans, bankers…
By Administrator_India Capital Sands The COVID-19 epidemic has exacerbated already worrisome trends to doing business in China amid slowing revenue growth, regulatory obstacles and the clout of the state-owned sector, a European business group said on Wednesday. Only half of…
By Administrator_India Capital Sands Chinese investment to Australia more than halved in 2019 and it would continue to fall this year due to the coronavirus outbreak and negative perceptions around government screenings of such inflows, says a report by KPMG…
By Administrator_India Capital Sands India’s unemployment rate during July 2018-June 2019 period declined to 5.8% from 6.1% during a year-earlier period, a government report released on Thursday said. Joblessness among the youth – those aged between 15-29 years and who…
By Administrator_India Capital Sands India’s cotton exports could rise to 4.7 million bales in 2019/20, up 12% from the previous estimate, as a fall in the value of the rupee to a record low made shipments competitive, a trade body…
By Administrator_India Capital Sands Japan will lift a state of emergency for Tokyo and remaining areas still facing restrictions on Monday, while the Nikkei reported a plan for new stimulus worth almost $1 trillion to help companies ride out the…