Trust is the Key to success: Arun Kumar Saini
Posted on: May 4, 2020 Posted by: Administrator_India Comments: 0

Trust is the Key to success: Arun Kumar Saini

It is enviable success story of a young entrepreneur, who made a turnover in crore for his companies in just 5 year Capital Group of Companies & ario Holdings is the leading companies in India as well as in abroad, is on the threshold of future development. Started just Five year ago. Arun KumarSaini started his companies in New Delhi, Capital of India, all companies. Incorporated under the companies act. Today…

India follows China's lead to widen use of coronavirus tracing app
Posted on: May 4, 2020 Posted by: Administrator_India Comments: 0

Global coronavirus cases surpass 3.5 million, although rate slowing

By Administrator_India Capital Sands Global coronavirus cases surpassed 3.5 million on Monday, with deaths nearing a quarter of a million, although the rate of fatalities and new cases has slowed from peaks reached last month, a Reuters tally shows. North America and European countries accounted for most of the new cases reported in recent days, but numbers were rising from smaller bases in Latin America, Africa and Russia. Globally, there…

Central government may cut threshold for gratuity
Posted on: May 1, 2020 Posted by: Administrator_India Comments: 0

India set to provide up to 100% credit guarantees for small business loans

By Administrator_India Capital Sands India’s government has firmed up a proposal to guarantee loans given to small businesses by financial institutions, as it seeks to kick-start business when the coronavirus lockdown starts to ease, a government source and two bank officials said. The size of the fund is likely to be based on immediate needs, and the guarantee could be between 25% and 100%, depending on the size of the…

India doing better than many developed nations against Covid: Harsh Vardhan
Posted on: April 30, 2020 Posted by: Administrator_India Comments: 0

India has 1,000 coronavirus deaths but expert says no exponential rise

By Administrator_India Capital Sands India has recorded its 1,000th novel coronavirus death, but the head of a government think-tank said on Wednesday that its 1.3 billion people, strained from weeks of lockdown, were not experiencing the feared exponential surge in infections. India has now reported 31,331 cases, including 1,007 deaths, according to figures from the Health Ministry. Neighbouring Pakistan has 15,282 confirmed cases amid concerns about worshippers gathering at mosques…

Asian stocks stumble on fears of second coronavirus wave, oil up
Posted on: April 29, 2020 Posted by: Administrator_India Comments: 0

Asia shares extend gains as economies slowly re-open, oil rallies

By Administrator_India Capital Sands Asian shares rose for a third session on the trot on Wednesday as investors took heart from easing coronavirus lockdowns in some parts of the world while oil prices jumped on hopes demand will pick up. Risk assets including equities have rallied for most of this month thanks to heavy doses of fiscal and monetary policy stimulus around the globe aimed at softening the economic blow…

Markets in 'deep hole' as growth fears escalate; Sensex falls 1,115 points
Posted on: April 28, 2020 Posted by: Administrator_India Comments: 0

India stocks higher at close of trade; Nifty 50 up 1.06%

By Administrator_India Capital Sands India stocks were higher after the close on Tuesday, as gains in the Banking, Consumer Durables and Carbon sectors led shares higher. At the close in NSE, the Nifty 50 added 1.06% to hit a new 1-month high, while the BSE Sensex 30 index climbed 1.17%. The best performers of the session on the Nifty 50 were IndusInd Bank Ltd. , which rose 17.07% or 69.55 points to trade at 476.95 at the close. Meanwhile, Bajaj…

Bangladesh garment factories reopen, while India looks to ease its lockdown
Posted on: April 28, 2020 Posted by: Administrator_India Comments: 0

Bangladesh garment factories reopen, while India looks to ease its lockdown

By Administrator_India Capital Sands More than 500 garment factories in Bangladesh that supply to global brands reopened on Monday after a month-long shutdown to curb the spread of the coronavirus, while India considered ways to scale back its vast lockdown to reduce economic pain. Some of the world’s biggest clothing firms including Gap Inc, Zara-owner Inditex and H&M source their supplies from Bangladesh, which allowed garment manufacturers in the capital…

Indian government brushes off Indian tax officers' proposal for coronavirus tax on super rich
Posted on: April 27, 2020 Posted by: Administrator_India Comments: 0

Indian government brushes off Indian tax officers’ proposal for coronavirus tax on super rich

By Administrator_India Capital Sands A group of Indian Revenue Service officers have recommended taxing the super rich, and foreign companies, to help pay for the coronavirus economic fallout, but the government brushed off the idea, saying it did not reflect official views. Some 50 officers of the Indian Revenue Service recommended raising the highest tax rate to 40% for people with annual income above 10 million rupees ($131,130) or a…

Cheaper oil, foreign flows a tailwind for rupee
Posted on: April 24, 2020 Posted by: Administrator_India Comments: 0

Cheaper oil, foreign flows a tailwind for rupee

By Administrator_India Capital Sands India’s rupee, among Asia’s worst performing currencies this year, could be the fastest in the region to rally as the world restarts economic activities after the coronavirus pandemic, oil prices weaken and the U.S. dollar eases broadly, analysts said. The partially convertible Indian rupee has lost nearly 7% against the dollar so far this year, despite heavy dollar supplying intervention by the central bank. It hit…

UK variant of coronavirus a concern, ‘likely to sweep the world’, warns scientist
Posted on: April 24, 2020 Posted by: Administrator_India Comments: 0

Prince Charles and his wife join UK round of applause for carers

By Administrator_India Capital Sands Prince Charles and his wife Camilla joined Britain’s “Clap for Carers” ritual on Thursday, their first appearance together since the heir to the throne recovered from the coronavirus. The nationwide event has become a weekly fixture in recent weeks, with Britons up and down the country clapping, banging pots and pans, cheering and whooping to show their appreciation to all those protecting the public during the…