By Administrator_India Capital Sands London: Britain suffered a record collapse in economic output in the second quarter of 2020 when COVID-19 lockdown measures were in full force, though the decline was slightly smaller than first estimated. Gross domestic product shrank by…
By Administrator_India Capital Sands Oil was down on Wednesday morning in Asia, continuing major overnight losses. Oversupply fears were the main driver of the fall, with U.S. refineries beginning to shed labor. Brent oil futures slid 1.13% to $41.09 by 11:29…
By Administrator_India Capital Sands The dollar was down on Tuesday morning in Asia, as the U.S. presidential debate and developments on the latest U.S. stimulus measures continue to remain in the spotlight. The U.S. Dollar Index that tracks the greenback against a…
By Administrator_India Capital Sands The Tata group has reached out to several investors, including sovereign wealth funds, to raise funds to buy out the Mistry family’s stake in Tata Sons Ltd, two people directly aware of the ongoing negotiations said. N….
By Administrator_India Capital Sands China set its daily yuan fixing at a weaker-than-expected level, the first signal that policy makers may want to rein in this quarter’s rapid appreciation in the currency. The People’s Bank of China’s reference rate was…
By Administrator_India Capital Sands Oil inched up on Monday morning in Asia, with concerns about new supply from reopening Libyan reserves balanced out by news of yet another shutdown on the way for U.S rigs in the Gulf of Mexico,…
By Administrator_India Capital Sands UK Prime Minister Boris Johnson faces a battle in the House of Lords over his controversial plan to break international law over Brexit despite making concessions to buy off rebels in the House of Commons. Former Tory leader Michael Howard, himself a…
By Administrator_India Capital Sands Oil was down on Thursday morning in Asia, giving up some gains from the previous session over continuous weaker fuel demand concerns. Brent oil futures were down 0.66% to $41.94 by 11:42 PM ET (4:42 AM GMT)…
By Administrator_India Capital Sands New Delhi: In a big relief for millions of passengers, the Indian Railways has decided to run 40 pairs of new special trains or ‘clone’ trains from September 22 for which the reservations will begin from September…
By Administrator_India Capital Sands The consumer price index(CPI)- based inflation came in at 6.7 per cent for August, from 6.73% in July, courtesy food inflation refusing to soften below 9 per cent. India’s economy now struggles to cope with low…