Monthly archives: February, 2020

China Makes Bad Loans Disappear as Virus Pummels Banks

China Makes Bad Loans Disappear as Virus Pummels Banks

By Ritu, Capital Sands Chinese banks are taking extraordinary measures to avoid recognizing bad loans, seeking to shield themselves and cash-strapped borrowers from the economic fallout of the coronavirus outbreak. Some of the measures, which include rolling over loans to companies at risk of missing payment deadlines and relaxing guidelines on how to categorize overdue …

Hong Kong home prices fall for second straight month in January

Hong Kong home prices fall for second straight month in January

By  Administrator_India, Capital Sands Hong Kong private home prices fell for the second straight month in January on low transaction volumes, easing 0.2% amid the emergence of the novel coronavirus in a property market already hit hard by anti-government protests in the last year. Prices fell a revised 1.6% in December. January prices were 4.7% …

U.K. May See Investment Surge on Brexit, Budget, Economist Says

U.K. May See Investment Surge on Brexit, Budget, Economist Says

By Ritu Capital Sands There’s a good chance that U.K. companies will unleash spending this year with a double boost from an expansionary budget and more clarity over Brexit, according to Bank of England Chief Economist Andy Haldane. Investment has been stuck in the doldrums since the 2016 referendum, curbing growth and constraining the U.K.’s …

Voda Idea seeks relief; asks DoT for Rs 8,000 crore GST refund

Voda Idea seeks relief; asks DoT for Rs 8,000 crore GST refund

By Administrator_India, Capital Sands Financially stressed telecom operator Vodafone Idea, in a letter to the Department of Telecommunications , has sought the adjustment of GST refund to the tune of Rs 8,000 crore against its dues linked to adjusted gross revenue . Even as the letter listed a number of demands, including a moratorium of …

Asian Markets Fall, Wall Street Bloodbath Continues Amid CDC Warning

Asian Markets Fall, Wall Street Bloodbath Continues Amid CDC Warning

By  Administrator_India, Capital Sands Asian markets fell on Wednesday in Asia as U.S. stocks continued to tumble after the U.S. Centers for Disease Control and Prevention (CDC) issued a warning of an upcoming pandemic. Hong Kong’s Hang Seng Index fell 0.6% after Financial Secretary Paul Chansaid in the latest annual budget that the city’s economy is …

India’s economy likely grew 4.7% in December quarter

India's economy likely grew 4.7% in December quarter

By Ritu, Capital Sands Indian economic growth likely accelerated a touch in the October-December period after its weakest expansion in over six years in the previous quarter, a Reuters poll showed, with a small rebound in rural demand and private consumption expected. Annual gross domestic product growth likely rose to 4.7% in the last quarter …

One killed, dozens injured in Delhi clashes as Trump visits

One killed, dozens injured in Delhi clashes as Trump visits

By Administrator_India, Capital Sands A policeman was killed and dozens of people injured amid clashes in New Delhi on Monday as thousands demonstrating for and against a new citizenship law rioted for several hours before U.S. President Donald Trump’s maiden visit to the city. Police used tear gas and smoke grenades but struggled to disperse …

PepsiCo buys Chinese snack brand Be & Cheery for $705 mn

PepsiCo buys Chinese snack brand Be & Cheery for $705 mn

By Ritu, Capital Sands PepsiCo Inc has agreed to buy Chinese snack brand Be & Cheery from local jujube maker Haoxiangni Health Food Co Ltd for $705 million, the companies said. The U.S. multinational food and beverage maker said the acquisition of Be & Cheery, which sells snacks from nuts to dried fruits mainly on …

Gold jumps over 2% as virus spread spurs safe-haven demand

Gold falls on firm dollar, U.S. economy re-open hopes

By Administrator_India, Capital Sands Gold prices climbed more than 2% on Monday to their highest since February 2013, as a spike in coronavirus cases in several countries outside China heightened worries about a hit to global economic growth, prompting a flight to safe havens. Spot gold was up 1.1% at $1,661.86 per ounce by 0304 …

INDIAN INSTITUTION ENGINEERS (IIE) IS PROVIDING GUNIUNE CERTIFICATES EQUIVALENT TO BE/B TECH OR DIPLOMA ENGINEERING

INDIAN INSTITUTION ENGINEERS (IIE) IS PROVIDING GUNIUNE CERTIFICATES EQUIVALENT TO BE/B TECH OR DIPLOMA ENGINEERING

Reportedly the education industry is worth over Rs. 12,000 crores worldwide. Reportedly Sounds similar but both captioned organizations are different (https://www.ieindia.org/and  http://iieinstitution.com/  are not the same). MHRD should come out with a detailed statement on which is best Institution. Otherwise, lakhs of students will get duped in India and abroad. MHRD Notification recognizing 15 courses of Sections A …