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Class 12 Board Exams To Be Held In July, Class 10 Tests In August: Mamata Banerjee
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West Bengal Election: Mamata Banerjee cancels Kolkata rallies, TMC to hold small meets amid COVID-19 surge

By Administrator_India Capital Sands Amid a spike in coronavirus infections in poll-bound West Bengal, Chief Minister Mamata Banerjee on April 18 said the Trinamool Congress (TMC) would organise small meetings in Kolkata and she would give short speeches in rallies in districts where polling would be held in the remaining three phases. Speaking to a …

Dollar Steady in Asia Ahead of Jobs Report
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U.S. Dollar Slides as Investors Continue Their Search for A Safe Haven

By Administrator_India Capital Sands The U.S. dollar slid below the $100 mark on Friday morning in Asia after the United States was set to move forward on a $2.2 trillion relief package to deal with the fallout of the COVID-19 pandemic. The U.S. dollar index, which tracks the greenback against a basket of other currencies, slid …

US Futures Halted; Wall Street Seen Slumping
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US Futures Halted; Wall Street Seen Slumping

By Ritu, Capital Sands U.S. stocks are set to open with hefty losses Wednesday, giving back Tuesday’s gains, with investors fearful that the proposed virus stimulus package will not be sufficient to assuage severe economic damage from a protracted economic slowdown. At 7:05 AM ET (1105 GMT), futures for the S&P 500 traded 92 points, or 3.7%, …

Trump's attack on GM over ventilators quickly turns to praise
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Top 5 Things to Know in the Market on Thursday, March 12th

By Ritu, Capital Sands President Donald Trump’s announcement of a European travel ban sends markets into a fresh tailspin, while Italy shuts down all but essential business activity to contain the coronavirus.  The European Central Bank is expected to expend more of its depleted pile of ammunition supporting the eurozone economy and banking system, and …

Ban on European travel to U.S. will batter airlines, already roiled by coronavirus
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Ban on European travel to U.S. will batter airlines, already roiled by coronavirus

By  Administrator_India, Capital Sands The new U.S. ban on foreign citizens entering the country if they have traveled to Europe in recent weeks will heap more pressure on airlines already reeling from the coronavirus pandemic, hitting European carriers the hardest, analysts said. The 30-day restrictions from Friday, which exclude Britain, are similar to those that …

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Kotak Mahindra Bank joins race for Lakshmi Vilas Bank

By Administrator_India Capital Sands Billionaire Uday Kotak-led Kotak Mahindra Bank is keen to play the white knight and rescue the fund-starved Chennai-based Lakshmi Vilas Bank (LVB) as part of a proposed transaction under the supervision of the Reserve Bank of India (RBI), multiple sources have told Moneycontrol. “Kotak Mahindra Bank is a late entrant in the race for Lakshmi …