By Administrator_India   Capital Sands is a broker that provides financial products for currency, precious metals, CFD, and stock trading. Capital Sands operates globally with the majority of clients located in Southeast Asia, East Asia, the Middle East, Latin America, and Europe. Capital Sands Broker has a successful broker inRead 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 →

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 →

Yuan Boosted by Inflation Data; Dollar to Stay Strong

By Ritu, Capital Sands The Chinese yuan pushed higher Monday on the back of stronger-than-expected local inflation data, but a solid jobs report on Friday coupled with weaker economic numbers in Europe mean the U.S. dollar is likely to stay strong in the near term. USD/CNY traded at 6.9810, 0.26% lower, after fallingRead More →

Supreme Court gives government more time

By  Administrator_India, Capital Sands The Supreme Court declined calls to suspend the implementation of a new citizenship law on Wednesday, deciding that a constitutional bench of five judges was needed to hear all the challenges to legislation that critics say discriminates against Muslims. The court gave Prime Minister Narendra Modi’sRead More →

By Administrator_India, Capital Sands The government’s step to cut corporate tax rate in September 2019 rejoiced the market which was reeling under selling pressure till then. Factors such as IL&FS-led NBFC crisis, rising NPA worries, economic slowdown, US-China trade concerns and high valuations had ruined the sentiment (since January 2018). Nifty50 fell 0.34Read More →

Dollar Regains Ground as Coronavirus Spreads Globally

By Ritu, Capital Sands The U.S. dollar was largely flat in European trading Monday, with the U.S. holiday providing little incentive for traders to take risks. That said, the greenback still looks strong against its main competitors. At 03:35 ET (0835 GMT), the Dollar Index Futures, which tracks the greenback against aRead More →

Forex - Yuan Pushes Higher After Data Release

By Ritu, Capital Sands The Chinese yuan is flying Friday, climbing to six month highs against the U.S. dollar in the wake of the release of the country’s latest economic growth figures. The USD/CNY pair traded at 6.8598, down 0.3%, while the US Dollar Index Futures, which tracks the greenback against a basketRead More →

By Ritu, Capital Sands Chancellor Angela Merkel clinched a deal to kickstart Germany’s stalled coal exit, offering billions in compensation to utilities and coal regions so that closures of plants can start this year. In talks that began Wednesday evening and lasted well into the night, the government hammered outRead More →

By Ritu, Capital Sands A tone of caution prevails in the foreign exchange markets Wednesday, ahead of the signing of the much-awaited trade deal between U.S. and China. the safe-haven yen was slightly firmer against the U.S. dollar, with USD/JPY trading at 109.91, down 0.1%, while the euro was marginally lower againstRead More →