Zoo in India’s Gujarat also stops breeding programme over COVID-19 fears
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Latest news
37-year-old COVID-19 victim posted updates on Facebook until her death
PJ McClelland was diagnosed positive for coronavirus and started posting on April 2
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Facebook offers a hug – from a distance – with emoji update
The new symbol “will start rolling out next week globally”
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General Motors plans investments to expand electric vehicle production
By Administrator_ India Capital Sands General Motors Co is expected to announce on Tuesday significant investments to expand production of electric vehicles at a factory in Spring Hill, Tennessee and potentially other sites. GM said in a statement Monday that it planned to make a “major U.S. manufacturing investment announcement” on Tuesday. The Detroit News […]
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Disney India plans to scale down TV, sports, film business: Report
By Administrator_ India Capital Sands Media conglomerate The Walt Disney Company is looking to consolidate its television broadcasting, sports catalogue and film studio business in India. The company might reduce the number of television channels, with genres such as English entertainment and lifestyle expected to be impacted after the COVID-19 outbreak, according to a Mint report. […]
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Sensex falls 1,066 points on fading US stimulus hopes, Covid-19 surge
By Administrator_ India Capital Sands The markets fell sharply on Thursday amid a global sell-off in equities as hopes of reaching a stimulus deal before the US presidential election diminished. Also, rising Covid cases and tightening restrictions in Europe clouded sentiment. Snapping its 10-day winning streak, the Sensex closed at 39,728, down 1,066 points, or 2.6 per cent, while […]
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OPEC+ oil output boost to leave market in precarious balance, IEA says
By Administrator_ India Capital Sands The outlook for oil “remains fragile” as the pandemic depresses demand, and OPEC’s plans to increase supply next year will leave global markets precariously balanced, the International Energy Agency said. “There is a risk that the demand recovery is stalled by the recent increase in Covid-19 cases in many countries,” the IEA said in its monthly […]
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India set to slip below Bangladesh in 2020 per capita GDP, says IMF
By Administrator_ India Capital Sands Bangladesh is set to beat India in terms of per capita gross domestic product (GDP) this calendar year, thanks to a sharp contraction in the Indian economy due to Covid-19 and the economic lockdown. According to International Monetary Fund (IMF)-World Economic Outlook (WEO), Bangladesh’s per capita GDP in dollar terms is expected to grow […]
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GST Council meet on compensation mechanism inconclusive for second time
By Administrator_ India Capital Sands The GST Council meeting remained inconclusive for the second time on Monday after the Centre offered two options to states for compensating them for the loss of revenue under the indirect tax regime as there was no consensus on the issue. Finance Minister Nirmala Sitharaman appealed to the Council and the states […]
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RBI to purchase state government bonds through OMO
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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Dollar Down Over Persistent Stimulus Hopes
By Administrator_ India Capital Sands The dollar was down on Friday morning in Asia, drifting towards a second consecutive weekly loss over higher commodity prices and rekindled expectations that the U.S. Congress will pass the latest stimulus measures. The U.S. Dollar Index that tracks the greenback against a basket of other currencies edged down 0.13% to 93.502 […]
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Dollar Up Over Hopes for Piecemeal U.S Stimulus Spending
By Administrator_ India Capital sands The dollar crept up on Thursday morning in Asia, with revived hopes for some U.S. spending improving sentiment and whetting investor appetite for riskier currencies. The U.S. Dollar Index, which tracks the greenback against a basket of other currencies, inched up 0.0% to 93.683 by 10:11 PM ET (2:11 AM GMT). […]
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Trump administration announces new rules that restrict H-1B visa in a blow to Indian tech workforce
BY Administrator_ India Capital Sands Trump administration on Tuesday announced the interim final rule that restricts H-1B visas to protect American workers. The new rules include tightening the currently regulations proposed by Department of Homeland Security and new wage rules for the skilled immigration visa, proposed by the Department of labor. While the former will come into […]
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