By Administrator_India, Capital Sands India is likely to fund roughly $28 billion of its expenditure outlay in its budget for fiscal 2020/21 via off-budget borrowings, three government sources said, as it seeks to revive a sagging economy while keeping its…
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…
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…
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 The dollar began the week on a firm note on Monday as economic data pointed to strength right across the U.S. economy, reducing the likelihood of interest rate cuts. The greenback held steady near a one-week…
By Ritu, Capital Sands Crude oil futures are steady at Rs 4,165 per barrel on January 17 as participants increased their long position as seen by the open interest. The prices were holding steady after China economy grew at its…