Indian bonds rally on new foreign investment category
By Ritu, Capital Sands Indian bonds rallied on Tuesday after the Reserve Bank of India (RBI) announced a new category for foreign investors, while hopes of a reduction in April’s … Read More
Month: March 2020
Pandemic to hit growth in Asia, China: World Bank
By Administrator_India Capital Sands The coronavirus pandemic is expected to sharply slow growth in developing economies in East Asia and the Pacific as well as China, the World Bank said … Read More
India says no plan to extend coronavirus lockdown as poor struggle
By Administrator_India Capital Sands India has no plans to extend a 21-day lockdown to slow the spread of the coronavirus, the government said on Monday, as it struggled to keep … Read More
Major airlines urge U.S. Treasury to disburse assistance quickly
By Administrator_India Capital Sands Major U.S. airlines asked the U.S. Treasury to move quickly to release up to $58 billion in government grants and loans and recommended formula to divide … Read More
Ferrari extends Italian plant closures to April 14 subject to supplies
By Administrator_India Capital Sands Luxury carmaker Ferrari said on Friday it would extend the shutdown of its two Italian plants and reopen on April 14, provided it had supplies, and … Read More
G20 leaders to inject $5 trillion into global economy in fight against coronavirus
By Administrator_India Capital Sands Leaders of the Group of 20 major economies pledged on Thursday to inject over $5 trillion (£4.1 trillion) into the global economy to limit job and … Read More
World stocks slip as U.S. jobs angst outweighs record stimulus
By Administrator_India Capital Sands World share markets fell on Thursday as nerves over jobs data likely to lay bare the economic carnage from the coronavirus pandemic outweighed a $2 trillion … Read More
PBOC Acts to Stabilize Yuan After Currency Under-performs Peers
By Administrator_India Capital Sands China set its daily reference rate for the yuan at a stronger-than-expected level Thursday, with the central bank perhaps signaling efforts to support the currency following … Read More
PBOC Acts to Stabilize Yuan After Currency Under-performs Peers
By Administrator_India Capital Sands China set its daily reference rate for the yuan at a stronger-than-expected level Thursday, with the central bank perhaps signaling efforts to support the currency following … Read More
UK inflation falls from six-month high
By Administrator_India Capital Sands British inflation fell in February, before the coronavirus crisis hit the country, and economists predict a further sharp fall in the next couple of months due … Read More