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By Administrator_India Capital Sands Former Reserve Bank deputy governor N S Vishwanathan on Tuesday said there is a need to separate governance of state-run banks from the government and pitched for doing away with the nationalisation laws from which the executive derives its powers. Privatisation is a bigger political decision and not an economic one alone, Vishwanathan …
By Administrator_India Capital Sands The Enforcement Directorate has registered a case of money laundering against a Chinese national in connection to a hawala racket worth an estimated Rs 1,000 crore. Charlie Peng, who also goes by the name of Luo Sang, has been booked under the Prevention of Money Laundering Act (PMLA). The racket, which …
Spread & tick (Pips) is a derivative product, which means you don’t take ownership of the underlying asset but speculate on whichever direction you think its price will move – up or down. If your prediction is correct, you could profit, however if the price moves against you, you would incur a loss. Interested in …
By Administrator_India Capital Sands Australian wages grew at their slowest pace on record in the second quarter, underscoring the damage the coronavirus has done to household spending, after recent data showed consumer confidence and business conditions were hit. The official WPI rose 0.2% in the three months to the end of June, the Australian Bureau …
Entrepreneurs are people who dare to go think beyond the obvious and make things happen. Their way of thinking goes beyond the creative ability of their competitors. Businesses which now have a global presence were once small and unassuming. One such example is Arun Kumar Saini (Young Indian Entrepreneur) After dropping out of school began …
By Administrator_India Capital Sands U.S. President Donald Trump on Thursday unveiled sweeping bans on U.S. transactions with China’s ByteDance, owner of video-sharing app TikTok, and Tencent , operator of messenger app WeChat, in a major escalation of tensions with Beijing. The executive orders, which go into effect in 45 days, come after the Trump administration …
By Administrator_India Capital Sands India’s dominant services industry, a key driver of economic growth, shrank for a fifth straight month in July as restraining measures to stop the spread of the coronavirus hurt business activity and led to record job cuts, a survey showed. India has recorded the third highest number of coronavirus cases globally, …
By Administrator_India Capital Sands Prime Minister Narendra Modi and two prominent Muslims who lived through deadly riots following the razing of a mosque in 1992 plan to attend the foundation-laying ceremony for a Hindu temple on Wednesday on the same site. Modi, whose Hindu nationalist party had led demands for a temple there dedicated to …
By Administrator_India Capital Sands Teachers at dozens of school districts protested from their cars on Monday over plans by some U.S. governors to resume in-class instruction during the coronavirus pandemic, while Arizona, Florida, California and Texas saw declines in new cases. The teachers, who painted messages on their cars and formed caravans with other school …
By Administrator_India Capital Sands Australia will force U.S. tech giants Facebook Inc and Alphabet Inc’s Google to pay Australian media outlets for news content in a landmark move to protect independent journalism that will be watched around the world. Australia will become the first country to require Facebook and Google to pay for news content …