By Administrator_India, Capital Sands With just days to go before the Union Budget 2020-21 is presented, all eyes are on tax receipts for the current fiscal year (April 2019-March 2020, or FY20), which would be revised in the Budget. The…
Category: Political News
By Administrator_India, Capital Sands U.S. Senate Republican leader Mitch McConnell on Monday proposed rules that would execute a potentially quick impeachment trial for President Donald Trump, with no guarantee that witnesses or new evidence would be allowed. A resolution McConnell…
By Ritu, Capital Sands India’s Hindu nationalist ruling party on Monday elevated a veteran lawmaker and long-time associate of Prime Minister Narendra Modi to become its president ahead of a string of state elections. Jagat Prakash Nadda, who rose through…
By Ritu, Capital Sands Iran said on Monday that it had not closed the “door to negotiations” in efforts to resolve a dispute over its nuclear agreement with world powers that has escalated steadily since the United States withdrew from…
By Ritu, Capital Sands European stock markets traded up after the open Thursday, taking their lead from the positive close on Wall Street overnight after the signing of the trade deal between the U.S. and China. At 04:15 ET (0910…
By Ritu, Capital Sands The government is planning a new law to safeguard foreign investment by speeding up dispute resolution, aiming to attract more capital from overseas to boost stuttering domestic growth, two officials with direct knowledge of the matter told Reuters….
By Ritu, Capital Sands Bitcoin has recorded its best start to the year since 2012. Optimism has returned to the market following a crash after the 2017 record high. Bitcoin was trading at around $8,667.33 at 13:34 p.m. SIN/HK up roughly…
By Ritu, Capital Sands Michael Debabrata Patra, 59, has been appointed the Reserve Bank of India (RBI) deputy governor for three years. The post fell vacant after Viral Acharya resigned on July 23 last year. Patra, as executive director of…
By Ritu, Capital Sands The pound extended its decline to the longest run in eight months as speculation of an imminent Bank of England interest-rate cut increased. Sterling fell as much as 0.3% against the dollar to $1.2955. Credit Agricole SA pointed…
By Ritu, Capital Sands Asian stocks rose in morning trade on Tuesday after the U.S. dropped China’s currency manipulator label, saying that it has made “enforceable commitments” not to devalue the yuan. China’s Shanghai Composite inched up 0.1%, while the Shenzhen Component gained 0.3%….