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India's Vodafone Idea to pay 35 billion rupees in telecom , shares rise
Zuckerberg accepts Facebook may pay more tax in different places
Euro plunges against Swiss franc as China virus cases soar
Modi’s guarded stimulus unlikely to revive Indian growth
By Administrator_India, Capital Sands India’s new budget is unlikely to drag Asia’s third- biggest economy out of its worst slowdown
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Euro plunges against Swiss franc as China virus cases soar
Euro Slides as Weak Q4 Data Take Shape
By  Administrator_India, Capital Sands The euro fell in early European trading Friday, weighed by signs of weakness in the region’s
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India’s food ministry seeks over $28 billion for food subsidies: sources
By Administrator_India, Capital Sands India’s food ministry has sought more than 2 trillion rupees ($28.1 billion) to run the world’s
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Bank of Japan Deputy Governor Masayoshi Amamiya speaks during a Reuters Newsmaker event in Tokyo
BOJ must be ready to issue digital currencies: deputy governor Amamiya
By  Administrator_India, Capital Sands The Bank of Japan must be ready to issue digital currencies if rapid technical advances in
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BJP recommends tax tweaks to attract foreign investors
By Administrator_India, Capital Sands Prime Minister Narendra Modi’s party has recommended adjusting rules on taxing equity market returns in the
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House Democrats call for $760 billion in infrastructure spending over five years
House Democrats call for $760 billion in infrastructure spending over five years
By  Administrator_India, Capital Sands U.S. House Democrats on Wednesday will unveil a proposed $760 billion infrastructure spending bill over five
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India’s budget likely to raise spending to revive economic growth
By Administrator_India, Capital Sands Prime Minister Narendra Modi’s government is expected to raise spending on infrastructure and cut some personal
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Coronavirus infects Asia stocks with exposure to China
Coronavirus infects Asia stocks with exposure to China
By  Administrator_India, Capital Sands Shares of companies highly exposed to China’s economy tumbled across Asia on Tuesday on rising concern
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Oil falls for sixth day as China virus spreads
By Administrator_India, Capital Sands Oil futures slipped on Tuesday, extending losses into a sixth session as the spread of a
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China extends holiday, businesses shut as virus toll rises to 81
China extends holiday, businesses shut as virus toll rises to 81
By Administrator_India, Capital Sands The death toll from a coronavirus outbreak in China rose to 81 on Monday, as the
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India’s Vodafone Idea to pay 35 billion rupees in telecom , shares rise

By Ritu, Capital Sands Beleaguered Indian wireless carrier Vodafone Idea will pay 35 billion rupees ($490 million) in telecoms dues to the federal government by Feb. 21, a lawyer for the company said on Monday. Hopes that Vodafone Idea could outlive the financial squeeze due to the outstanding dues payments helped its shares gain as much as 23.5% on Monday, ...
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China approves imports of all poultry, poultry products from U.S.

By Administrator_India, Capital sands China has approved the import of all poultry and poultry products from the United States, the Ministry of Agriculture and Rural Affairs said on its website on Monday. Beijing had previously banned all trade in poultry products from the United States due to outbreaks of avian influenza there. It has allowed the import of chicken meat ...
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Zuckerberg accepts Facebook may pay more tax in different places

By Ritu, Capital Sands Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes in different countries, Politico reported, citing excerpts of a speech he is due to give on Saturday. Cross-border tax rules are set to be rewritten after 137 states sought last month to avoid a new ...
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Indian generic drugmakers may face supply shortages from China if coronavirus drags on

By Administrator_India, Capital Sands Shortages and potential price increases of generic drugs from India loom if the coronavirus outbreak disrupts suppliers of pharmaceutical ingredients in China past April, according to industry experts. An important supplier of generic drugs to the world, Indian companies procure almost 70% of the active pharmaceutical ingredients (APIs) for their medicines from China. Optimism that the ...
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Euro plunges against Swiss franc as China virus cases soar

By Ritu, Capital Sands The euro fell to a four-and-a-half-year low against the Swiss franc on Thursday and the yen gained as investors sought safe havens after China's Hubei province, the epicentre of the coronavirus outbreak, reported a sharp increase in the number of new cases. Using a new method of diagnosis, the province reported on Thursday 14,840 new cases ...
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European diplomats check India’s loosening of Kashmir clampdown

By Administrator_India, Capital Sands More than two dozen diplomats are visiting Indian-administered Kashmir, New Delhi said on Wednesday, as the country tries to reassure foreign allies following several months of unrest in the contested territory. The group includes European diplomats, some of whom declined a previous invitation from New Delhi to visit the region. A proposed vote in the European ...
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Gold eases on rising risk appetite as new virus cases fall

By Ritu, Capital Sands Gold prices edged lower on Wednesday as new coronavirus cases fell and risk appetite improved, although uncertainty over the economic impact of the outbreak still underpinned bullion. Spot gold XAU= edged 0.2% lower to $1,564.15 per ounce by 0818 GMT. U.S. gold futures were down 0.2% at $1,567.50. While the death toll exceeded 1,100, China’s foremost ...
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Asian Markets Mixed After Powell Speech

By Administrator_India, Capital Sands Asian markets were mixed in morning trade on Wednesday as investors digested the latest views from U.S. Federal Reserve Chairman Jerome Powell. China’s Shanghai Composite slipped 0.1% by 10:01 PM ET. The Shenzhen Component gained 0.6%. Hong Kong’s Hang Seng Index also rose 0.5%. Japan’s Nikkei 225 traded 0.6% higher after returning from a holiday. Softbank ...
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Dollar and Yen supported as coronavirus fears weigh on mood

By Administrator_India, Capital Sands. The U.S. dollar and Japanese yen were in demand on Tuesday, along with the bonds of both countries, as worries about the spread of coronavirus had investors heading for safe harbors. The World Health Organization said overnight that the spread of cases among people who have not been to China could be "the spark that becomes ...
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Yuan Boosted by Inflation Data; Dollar to Stay Strong

By Ritu, Capital Sands The Chinese yuan pushed higher Monday on the back of stronger-than-expected local inflation data, but a solid jobs report on Friday coupled with weaker economic numbers in Europe mean the U.S. dollar is likely to stay strong in the near term. USD/CNY traded at 6.9810, 0.26% lower, after falling as low as 6.9774 earlier Monday, while ...
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