India’s top carmaker Maruti Suzuki reports 16% sales fall
By Ritu, Capital Sands Sales at India’s biggest carmaker Maruti Suzuki India, which sells one in every two cars in the country, fell 16% in the last fiscal year, hit...
Indian bonds rally on new foreign investment category
By Ritu, Capital Sands Indian bonds rallied on Tuesday after the Reserve Bank of India (RBI) announced a new category for foreign investors, while hopes of a reduction in April’s...
Putin Won’t Submit to What Is Seen as Saudi Oil-Price Blackmail
By Ritu, Capital Sands Russian President Vladimir Putin will refuse to submit to what the Kremlin sees as oil blackmail from Saudi Arabia, signaling the price war that’s roiling global...
World leaders rush in to shore up panic-hit global financial system
By Ritu, Capital Sands World leaders raced to shore up panic-stricken global markets on Thursday, pouring liquidity into the financial system as investors everywhere dumped assets, switching to dollars in...
The Rescue Isn’t Coming Quickly Enough for Most Companies
By Ritu, Capital Sands Europe’s stock markets tanked again on Wednesday amid fears that increasingly extravagant government support measures ($1.2 trillion from the U.S., $400 billion from the U.K., $220...
Stocks dive as Fed & co fail to calm panicky markets
By Ritu, Capital Sands Stock markets were routed and the dollar stumbled on Monday after the Federal Reserve slashed U.S. interest rates in an emergency move and its major peers...
European stock markets rebound after pandemic-driven crash
By Ritu, Capital Sands European stock markets bounced back on Friday from their worst day ever, as signs of a U.S. stimulus package helped soothe fears about an economic shock...
India orders international cricket matches in empty stadiums to combat coronavirus
By Ritu Capital Sands The India government has ordered upcoming international cricket matches to be played in empty stadiums, as travel operators warned of an unprecedented impact of a blanket...
Sensex, Nifty snap seven-day losing streak on hopes
By Ritu, Capital Sands Indian shares ended higher on Tuesday, snapping their longest losing streak since last May, lifted by hopes of policy easing by major central banks of the...
Indonesia confirms first cases of coronavirus, link to Japanese visitor
By Ritu, Capital Sands Two Indonesians have tested positive for coronavirus after coming into contact with an infected Japanese national, President Joko Widodo said on Monday, marking the first confirmed...