Pandemic to hit growth in Asia, China: World Bank
By Administrator_India Capital Sands The coronavirus pandemic is expected to sharply slow growth in developing economies in East Asia and the Pacific as well as China, the World Bank said...
Asian shares track Wall Street surge as US stimulus hopes grow
By Administrator_India Capital Sands Asian shares extended their rally on Wednesday in the wake of Wall Street's big gains as US Congress appeared closer to passing a $2 trillion stimulus...
Gold Extends Surge After Fed Unveils Measures to Support Economy
By Administrator_India Capital Sands Gold extended gains after the Federal Reserve took unprecedented measures to shore up the U.S. economy, which has been hit by the spread of the coronavirus....
India to halt international flights; Modi urges citizens to stay home as virus spreads
By Administrator_India Capital Sands Prime Minister Narendra Modi appealed to citizens to stay home and avoid panic buying, even as India outlined plans to halt all international flights and rushed...
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...
India halts key policy plans as revenues shrink: sources
By Administrator_India Capital Sands India has dropped at least three crucial policy initiatives, including lowering import taxes on vegetable oils, as the outbreak of the coronavirus hits government revenue collection....
Taiwan central bank seen cutting rates as pandemic hits growth: Reuters poll
By Administrator_India Capital Sands Taiwan's central bank is expected to cut its policy rate for the first time since 2016 as the coronavirus threatens the island's export-reliant economy, which is...
India proposes regional fund to fight coronavirus as cases exceed 100
By Administrator_India Capital Sands India proposed setting up an emergency fund to fight the coronavirus outbreak in South Asia on Sunday, with New Delhi offering $10 million to get it...
There was enough time to put together plan for Yes Bank, says Raghuram Rajan
By Administrator_India Capital Sands Former RBI governor Raghuram Rajan on March 11 said there was a lot of time to put together a plan for Yes Bank which had given enough...
Stocks fall as U.S. virus response disappoints investors
By Administrator_India Capital Sands Asian shares and Wall Street futures fell on Wednesday as growing scepticism about Washington’s stimulus package to fight the coronavirus outbreak knocked the steam out of...