By Ritu, Capital Sands France, Germany and Britain have exported medical goods to Iran in the first transaction conducted under a trade mechanism set up to barter humanitarian goods and food after the U.S. withdrawal from a 2015 nuclear deal,…
By Administrator_India Capital Sands India’s liquefied petroleum gas (LPG) imports are set to surge in the June quarter as a move to provide free cooking gas coincides with lower crude processing by refiners hit by collapsing local fuel demand, company…
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 A new OPEC+ deal to balance oil markets might be possible if other countries join in, Kirill Dmitriev, head of Russia’s sovereign wealth fund said, adding that countries should also cooperate to cushion the economic fallout…
By Administrator_India Capital Sands After India imposed a 21-day nationwide lockdown on Tuesday to prevent the spread of coronavirus, the plywood factory near Uttar Pradesh’s state capital Lucknow where Surendra Pandey works was forced to shut down. On Thursday morning,…
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 Administrator_India Capital Sands India ordered a 21-day lockdown of its 1.3 billion people on Tuesday to try to protect the world’s second most populous country from the coronavirus spreading around the world. Health researchers have warned that more than…
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…