By Administrator_ India Capital Sands RBI governor Shaktikanta Das on Friday announced a slew of liquidity measures, including the purchase of state development bonds for the first time ever through open market operations. Additionally, RBI also increased the quantum of liquidity infusion into the market through purchase of government securities to Rs20,000 crore. The central […]
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By Administrator_India Capital Sands The Federal Reserve on Thursday rolled out an aggressive new strategy to restore the United States to full employment and lift inflation back to healthier levels in a world where it now believes that “downward risks to employment and inflation have increased.” Under the new approach, laid out in a fresh […]
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By Administrator_India Capital Sands India’s Tata Group, the sprawling $111 billion jewelry-to-salt empire, is getting a huge digital makeover. The conglomerate is building an all-in-one e-commerce app for its swathe of consumer products and services, a person familiar with the matter said. The prototypes, which consolidate all of the group’s consumer-facing businesses and existing online assets, are […]
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By Administrator_India Capital Sands The United States should take a more targeted approach with its new pandemic aid so it can save ammunition in case of a future economic slowdown or a second wave of infections, former Reserve Bank of India Governor Raghuram Rajan said on Thursday. “We should provide the relief that is needed, […]
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By Administrator_India Capital Sands New Delhi is considering measures to prevent trade partners mainly in Southeast Asia from re-routing Chinese goods to India with little added value, two government sources said, amid strained ties with Beijing and a push for self-reliance. India is planning to raise quality standards of imports, impose quantity restrictions, mandate stringent […]
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By Administrator_India Capital Sands Indian refiners are cutting crude processing and shutting units for maintenance as local fuel demand falls and global refining margins are weak, officials at the companies said. Fuel demand in Asia’s third largest economy had been rising since May from historic lows in April, when a nation-wide lockdown to stem the […]
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By Administrator_India Capital Sands EU leaders were making progress on Monday after three days of haggling over a plan to revive economies throttled by the COVID-19 pandemic, but Dutch Prime Minister Mark Rutte warned the discussions could still fall apart. EU summit chairman Charles Michel urged the 27 leaders of the European Union to achieve […]
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By Administrator_India Capital Sands Japan’s exports likely tumbled at a double-digit pace for the fourth month in a row in June, as the coronavirus epidemic took a heavy toll on global demand and the country’s export-led economy, a Reuters poll showed on Friday. Global demand for cars and other durable goods has plunged since March […]
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By Administrator_India Capital Sands India’s fuel demand in June extended its recovery from a 13-year low hit in April, lifted by a pickup in activity as the economy gradually reopens from lockdown restrictions imposed to combat the coronavirus pandemic, government data showed on Thursday. Consumption of refined fuels, a proxy for oil demand, rose to […]
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By Administrator_India Capital Sands Biotech firm Moderna Inc could reap tens of billions of dollars in sales and stock appreciation if it wins the race for a COVID-19 vaccine. If it loses, the early-stage company’s value could crash. In the meantime, the firm’s chief executive is pocketing millions of dollars every month by selling shares […]
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