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Disney India plans to scale down TV, sports, film business: Report

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

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

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

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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Dollar Down Over Persistent Stimulus Hopes

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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Trump administration announces new rules that restrict H-1B visa in a blow to Indian tech workforce

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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