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 Mainland China reported a second consecutive day of no new local coronavirus infections as the epicentre of the epidemic Hubei province opened its borders, but imported cases rose as Beijing ramped up controls to prevent a…
By Administrator_India Capital Sands Equity benchmark indices on Wednesday (March 25) closed in the green amid expectations of fiscal measures being announced by the government. The Sensex was up 1,861.75 points or 6.98% at 28535.78, while the broader Nifty ended…
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 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 Ritu, Capital Sands European Union governments were expected to adopt a negotiating mandate on Tuesday for the tricky task of reaching a deal with Britain on future ties after it left the bloc last month. The EU mandate aims…
By Administrator_India, Capital Sands Google will on Wednesday seek to overturn the first of three hefty European Union antitrust fines at Europe’s second-highest court in a landmark case that could determine how EU enforcers take on U.S. tech giants for…
By Administrator_India, Capital Sands India stocks were higher after the close on Thursday, as gains in the Capital Goods, Real Estate and Oil & Gas sectors led shares higher. At the close in NSE, the Nifty 50 gained 0.61%, while the BSE Sensex 30 index climbed 0.66%. The best…
By Administrator_India, Capital Sands Malaysia’s top sugar refiner said it will increase purchases of the commodity from India, which according to two sources is part of efforts to placate New Delhi amid an ongoing spat over palm oil. MSM Malaysia…
By Administrator_India, Capital Sands With expectations of a significant income relief for the middle class rising, it appears Finance Minister Nirmala Sitharaman could meet them when she presents Union Budget 2020. Sources have told that the 5 percent income tax slab may be relaxed from…
