Category: POLITICAL NEWS

US Election 2020: It’s not how you talk about friends: Biden on Trump calling India ‘filthy’

By Administrator_ India Capital Sands Slamming President Donald Trump for his comment on India’s air pollution, former vice president and Democratic Party’s presidential nominee Joe Biden on Saturday said he and his running mate Kamala Harris deeply value America’s partnership with India. President Trump called India ‘filthy’. It’s not how you talk about friends and it’s not how you solve […]

Ram Vilas Paswan: The man who predicted which side the political wind blew

By Administrator_ India Capital Sands In Union Minister Ram Vilas Paswan’s death, the country has lost a mausam vaigyanik or ‘weather vane’ of politics. Perhaps no other leader was able to successfully predict the directions of political winds before taking the future course of action, like he was. Among the first to condole the death was Paswan’s friend-turned-adversary Lalu Prasad Yadav who had given […]

Japan’s ruling LDP to hold leadership vote on Sept 14 to pick Abe successor

By Administrator_India Capital Sands The leader of the Liberal Democratic Party  will almost certainly become prime minister because of its majority in the lower house of parliament, replacing Shinzo Abe who on Friday said he was stepping down for health reasons. Public broadcaster NHK said the contest was likely to place around September 13 to 15. Japanese media saying it would […]

GBP/USD Rallies Despite Ongoing Deadlock in Post-Brexit Talks

By Administrator_India Capital Sands The pound continued its strength against the dollar on Thursday, shrugging off growing concerns that the U.K and EU are unlikely to find a breakthrough on the latest round of post-Brexit talks, which concludes on Friday. GBP/USD rose 0.71% to $1.3192. With the latest U.K.-EU trade talks set to end on Friday, there are few betting that […]

U.S. limits travel from Brazil amid worsening coronavirus outbreak

By Administrator_India Capital Sands The White House on Sunday said it was restricting travel from Brazil to the United States, two days after the South American nation became the world’s No. 2 hotspot for coronavirus cases. The travel ban was a blow to right-wing Brazilian President Jair Bolsonaro, who has followed the example of U.S. President Donald Trump in addressing […]

In nod to grim U.S. outlook, Fed’s Powell calls for more fiscal support

By Administrator_Inida Capital Sands The head of the Federal Reserve warned on Wednesday of an “extended period” of weak economic growth, vowed to use the U.S. central bank’s power as needed, and called for additional fiscal spending to stem the fallout from the coronavirus pandemic. Fed Chair Jerome Powell issued his sober review of an economy slammed by a record […]

India presidential palace isolates 500 over virus scare, Pakistan’s Khan to be tested

By Administrator_India Capital Sands  About 500 people entered self-isolation in staff quarters of India’s presidential palace on Tuesday, and Pakistan’s prime minister was due to be tested, as the coronavirus spreading through South Asia hit the heart of the region’s governments. Afghan President Ashraf Ghani and his wife tested negative for the coronavirus, his spokesman said, after at least 20 […]

Gold eases on rising risk appetite as new virus cases fall

Gold Down Despite Continued COVID-19 Fears

By Administrator_India Capital Sands Gold prices in Asia were down in Asia on Thursday morning despite the continuing economic uncertainty caused by the COVID-19 virus. The yellow metal could not hold onto its steady gains from the previous session as gold futures dropped by 0.11% at $1,82.45. For the third day in a row, prices for the yellow metal were in sync with stocks. The two prices […]

PM Modi plans staggered exit from vast coronavirus lockdown

By Administrator_India Capital Sands India will pull out of a three-week lockdown in phases, Prime Minister Narendra Modi said on Thursday, as officials battle to contain the country’s biggest cluster of coronavirus infections in the capital, New Delhi. The shutdown, which has brought Asia’s third-largest economy to a shuddering halt, had been due to end on April 14. Modi ordered […]

U.S. death toll spirals amid rush to build field hospitals, find supplies

By Administrator_India Capital Sands The U.S. government raced on Tuesday to build hundreds of makeshift hospitals near major cities as healthcare systems were pushed to capacity, and sometimes beyond, by the coronavirus pandemic. Even as millions of Americans hunkered down in their homes under strict “stay-at-home” orders, the death toll, as talled by sources, shot up by more than 850 […]