By Administrator_India, Capital Sands The Bank of Japan should review its monetary policy framework to re-examine its tools for propping up inflation, one of its board members said on Thursday, as the fallout from the coronavirus outbreak risks tipping the economy into recession. Goushi Kataoka, one of the most dovishRead More →

Microsoft launches new program to help B2B startups in India

By Ritu, Capital Sands The new program is open to Microsoft co-sell enabled startups associated with the company. Microsoft on February 24 launched a new program to bring 100 companies to commit $100,000 (Rs 71,83,455) each for enterprise-ready solutions from 100 business-to-business (B2B) startups in the Software-as-a-Service (SaaS) space inRead More →

By Administrator_India, Capital Sands New finance minister Rishi Sunak should resist the urge to rewrite Britain’s fiscal rules ahead of the budget next month and he should make plain that any spending increases will mean more tax, a think-tank said on Wednesday. Sunak will deliver the first post-Brexit budget, whichRead More →

By Administrator_ India, Capital Sands The Dow and S&P suffered their biggest daily loss in two years on Monday, paced by a selloff in energy and tech stocks on worries about a potential corona-virus pandemic outbreak. The S&P 500 tumbled 3.35%, Nasdaq Composite lost 3.71% and the Dow Jones Industrial Average fell 3.56%, or 1,032 points.Read More →

By Administrator_India, Capital Sands President Donald Trump on Sunday accused Representative Adam Schiff of leaking classified information on Russian interference in the 2020 U.S. election to hurt Democratic presidential front-runner Bernie Sanders. Speaking to reporters as he left the White House for a trip to India, Trump said he hadRead More →

By Administrator_India, Capital Sands A meeting of U.S. government officials to discuss further curbs on exports to Huawei and China is still on for Thursday, two sources said, despite push back from President Donald Trump against the restrictions. The deputy-level meeting was called to discuss proposals including possible new restrictionsRead More →

By Administrator_India, Capital Sands USD/JPY rises to the highest levels in four days. Risk reset, downbeat data from Japan seem to have contributed to the pair’s run-up. Coronavirus continues to weigh on the market’s trade sentiment. US data, Chinese headlines will offer near-term direction.   USD/JPY takes the bids to 110.00Read More →

By Administrator_India, Capital Sands Hong Kong leader Carrie Lam on Tuesday increased a relief fund to tackle the impact of the coronavirus outbreak as she urged residents to accept the government’s quarantine plans for returning passengers from a cruise ship stranded in Japan. Lam said the government would increase handoutsRead More →

India's Vodafone Idea to pay 35 billion rupees in telecom , shares rise

By Ritu, Capital Sands Beleaguered Indian wireless carrier Vodafone Idea will pay 35 billion rupees ($490 million) in telecoms dues to the federal government by Feb. 21, a lawyer for the company said on Monday. Hopes that Vodafone Idea could outlive the financial squeeze due to the outstanding dues payments helpedRead More →

By Administrator_India, Capital sands China has approved the import of all poultry and poultry products from the United States, the Ministry of Agriculture and Rural Affairs said on its website on Monday. Beijing had previously banned all trade in poultry products from the United States due to outbreaks of avianRead More →