Euro zone economy shrinks at record rate, inflation slows sharply
By Ritu, Capital Sands The Euro zone economy contracted at a record rate and by more than expected in the first three months of the year and inflation slowed sharply … Read More
Month: April 2020
Britain has Europe’s second highest COVID-19 death toll, new figures show
By Administrator_India Capital Sands Britain now has Europe’s second-highest official COVID-19 death toll with more than 26,000, according to figures published on Wednesday that raised questions about Prime Minister Boris … Read More
Japan’s Abe says impossible to hold Olympics unless pandemic contained
By Ritu, Capital Sands Prime Minister Shinzo Abe said on Wednesday that the Tokyo Olympics could not take place next year unless the coronavirus pandemic is contained, as the city’s … Read More
Axis Bank posts $183 million loss as provisions nearly triple on COVID-19
By Administrator_India Capital Sands Axis Bank Ltd, India’s third-biggest private-sector lender, on Tuesday posted a surprise fourth-quarter loss of 13.88 billion rupees ($182.96 million), as it set aside more … Read More
Japan needs to keep emergency in place, 2021 Olympics `difficult,’ top doctor says
By Administrator_India Capital Sands It is too early to consider lifting Japan’s state of emergency over the coronavirus, the head of the Japan Medical Association said on Tuesday, adding that … Read More
RBI announces special liquidity window for mutual funds
By Administrator_India Capital Sands The RBI is opening a special liquidity facility of upto 500 billion rupees ($6.6 billion) to help mutual funds tide over a severe liquidity strain imposed … Read More
Back from COVID-19, Johnson urged to reveal UK lockdown exit strategy
By Administrator-India Capital Sands Prime Minister Boris Johnson returned to his Downing Street residence on Sunday after recovering from COVID-19, ready to take the helm again with pressure growing for … Read More
U.K. Retail Sales Post Biggest Drop on Record Amid Lockdown
By Administrator_India Capital Sands U.K. retail sales fell the most since records began as restrictions to control the coronavirus forced all but essential stories to close. Sales including auto fuel declined a … Read More
Chinese investors flummoxed by India’s new foreign investment rules
By Administrator_India Capital Sands India’s plan to screen foreign direct investments from neighbouring countries has Chinese firms concerned that such scrutiny will affect their projects and delay deals in one … Read More
India stocks higher at close of trade; Nifty 50 up 1.38%
By Administrator_India Capital Sands India stocks were higher after the close on Thursday, as gains in the IT, Technology and Banking sectors led shares higher. At the close in NSE, the Nifty 50 added 1.38% to hit … Read More