By Administrator_India, Capital Sands Euro zone economic growth was slower than expected in the last three months of 2019, a first estimate showed on Friday, while inflation in January picked up in line with expectations thanks to a jump in prices of food, alcohol and tobacco and energy. The European Union’s statistics office Eurostat said …
By Administrator_India, Capital Sands The government has been very vocal about simplification of the tax structure and they have demonstrated that for the corporate sector through a gradual progression towards a simple rate and in some sense setting a sunset date for exemptions. In that light, we could see a similar path being taken on …
By Administrator_India, Capital Sands India reported its first case of the new coronavirus on Thursday, saying a woman in Kerala had tested positive in an outbreak that originated in China, killing 170 people, and spread abroad. The patient was an Indian student of Wuhan University in China, the government said in a statement, adding the …
By Administrator_India Capital Sands The Indian Railways, on January 29, announced that it planned to use facial recognition to tackle crime at railway stations. The new facial recognition system is currently being tested in Bengaluru. A senior railway official told that the move would turn the railways into a virtual fortress. “Without a physical, brick and …
By Administrator_India, Capital Sands US President Donald Trump said Jerusalem “will remain Israel’s undivided capital” as he unveiled his Middle East peace plan aimed at solving the Israeli-Palestinian conflict, describing it as “historic” and a “giant step” towards peace. Standing along with the Israeli Prime Minister Benjamin Netanyahu in the White House, Trump proposed a …
By Administrator_India Capital Sands European stocks pared early gains alongside U.S. index futures on Tuesday amid international efforts to curb the SARS-like virus from spreading. The yuan steadied and Treasuries turned higher. The Stoxx Europe 600 Index erased an early advance, while contracts on the three main American equity indexes clung to moderate gains. Earlier …
By Administrator_India, Capital Sands Billionaire investor Rakesh Jhunjhunwala is under the scanner of market regulator Securities and Exchange Board of India (SEBI) over alleged insider trading in Aptech shares. SEBI is also examining the role of other Aptech board members, including Ramesh Damani and Madhu Jayakumar, The Economic Times reported. Jhunjhunwala currently holds 24.24 percent stake in Aptech, …
By Administrator_India, Capital Sands The world’s largest energy traders enjoyed one of their best ever years in 2019 as pipeline outages, dramatic changes in ship fuel regulations and Middle East conflicts shook up the global oil market. The bonanza extended beyond the independent traders like Vitol Group and Trafigura Group Ltd. to the in-house units of oil …
By Administrator_India, Capital Sands Reluctance among Indian traders to ship premium basmati rice to Iran as U.S. sanctions hobble its ability to pay has contributed to a sharp drop in overall exports from the world’s biggest supplier of the grain, trade and government sources said. Rice shipments from India slipped by more than a quarter …
By Administrator_India, Capital Sands Britain’s finance ministry has appointed Christopher Woolard as interim chief executive of the Financial Conduct Authority to navigate the financial sector after Brexit. CEO Andrew Bailey leaves in March to become governor of the Bank of England, when Woolard will take over the FCA as interim chief executive. Woolard is currently …
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