By Administrator_India Capital Sands Singapore’s central bank aggressively eased its monetary policy on Monday, as widely expected, with the city-state’s bellwether economy bracing for a deep recession due to the coronavirus pandemic. The Monetary Authority of Singapore manages monetary policy…
By Administrator_India Capital Sands The government will provide free rice/wheat and pulses to poor for the next three months, Finance Minister Nirmala Sitharaman said during a press briefing on March 26. She announced the Prime Minister Gareeb Kalyan Scheme of Rs 1.70…
By Administrator_India Capital Sands The euro zone is sinking into the biggest economic crisis in its history as measures to contain the coronavirus pandemic bring much of the business world to a standstill. IHS Markit’s measure of private-sector activity plunged…
By Administrator_India, Capital Sands The world’s richest nations poured unprecedented aid into the global economy on Thursday as coronavirus cases ballooned in the new epicentre Europe, with the number of deaths in Italy outstripping those in mainland China, where the…
By Administrator_India, Capital Sands Asian stocks struggled to find their footing in volatile trade on Thursday, as the latest promise of stimulus from the European Central Bank propped up sentiment while the world struggles to contain the coronavirus pandemic. U.S….
By Ritu, Capital Sands Moody’s Investors Service on Tuesday lowered India’s GDP growth forecast for 2020 calendar year to 5.3 percent, on coronavirus implications on the economy. Moody’s had in February projected a 5.4 percent real GDP growth for India…
By Ritu, Capital Sands There seems to be no end to the mayhem the coronavirus has brought to Indian markets, with the benchmark BSE Sensex posting its biggest single-day decline on March 12, hours after the WHO declared the viral…
By Administrator_India, Capital Sands India said on Wednesday it will suspend all tourist visas to the country in a wide-reaching attempt to prevent the spread of coronavirus, as cases across the region continued to rise. The virus has hit Europe…
By Administrator_India, Capital Sands Japan’s Olympics minister said the country is committed to hosting the summer games as planned from July even as the coronavirus outbreak spread to new parts of the country. “Cancellation or delay of the Games would…
By Administrator_India, Capital Sands The U.S. Federal Reserve cut interest rates on Tuesday in a bid to shield the world’s largest economy from the impact of the coronavirus, but the emergency move failed to comfort U.S. financial markets roiled by…
