By Administrator_India Capital Sands Shaikh Bahaduresha, 31, lived on Mumbai’s streets for two months last year, unable to make ends meet on his meagre taxi-driving…
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Yes Bank gets Rs 60,000cr lifeline from RBI, but there is a caveat
By Ritu, Capital Sands The RBI has reportedly given Yes Bank credit support of Rs 60,000 crore as the troubled private lender resumed full operation…
View More Yes Bank gets Rs 60,000cr lifeline from RBI, but there is a caveat
Biggest Factory Shutdown Since World War II Hits U.S., Europe
By Administrator_India, Capital Sands The economic impact of the growing coronavirus outbreak is shifting from service-driven industries like hotels and restaurants to the manufacturing sector…
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Governments offer airlines aid as coronavirus drives deeper flight cuts
By Administrator_India, Capital Sands Australia and Taiwan joined a growing list of countries offering financial aid to their ailing aviation sectors as global airlines announced…
View More Governments offer airlines aid as coronavirus drives deeper flight cuts
Philippines first country to suspend all markets as coronavirus spreads
By Ritu, Capital Sands The Philippine Stock Exchange closed indefinitely on Tuesday while currency and bond trading were suspended, the first shutdown of markets worldwide…
View More Philippines first country to suspend all markets as coronavirus spreads
Australia Cut Rate as Virus’s Disruptions Grow
By Administrator_India, Capital Sands Australia’s central bank cut its benchmark interest rate and said it was ready to do so again as it became “increasingly…
View More Australia Cut Rate as Virus’s Disruptions Grow
U.S. crude falls below $30 as Fed move fails to calm markets
By Ritu Capital Sands U.S. crude fell below $30 on Monday as emergency rate cuts by the U.S. Federal Reserve and its global counterparts failed to…
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Travel industry under siege as coronavirus contagion grows
By Ritu, Capital Sands The fallout from the coronavirus spread across the Pacific on Friday, with Australian travel firms issuing profit warnings and Japanese carriers…
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Global Free-Fall Hits Asia as U.S. Engine Stalls
By Administrator_India, Capital Sands It was a dismal end to the week for Asian markets, which took more hard hits after US markets tumbled in…
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Sensex records biggest intraday fall, drops 3,304 points
By Ritu, Capital Sands There seems to be no end to the mayhem the coronavirus has brought to Indian markets, with the benchmark BSE Sensex…
View More Sensex records biggest intraday fall, drops 3,304 points