FM Nirmala Sitharaman says economic data pointing to rebound
By Administrator_ India
Capital Sands
Economic data has conveyed a positive message, but sustaining the numbers in the upcoming months will make the recovery certain, according...
RBI to purchase state government bonds through OMO
By Administrator_ India
Capital Sands
RBI governor Shaktikanta Das on Friday announced a slew of liquidity measures, including the purchase of state development bonds for the...
FM tells banks to frame loan recast scheme for all viable units by Sept 15
By Administrator_India
Capital Sands
Finance Minister Nirmala Sitharaman on Thursday told banks to put in place by September 15 loan restructuring schemes to rescue all viable business units affected by the...
Wall Street mixed as S&P 500 on track for best August in 36 years
By Administrator_India
Capital Sands
The S&P 500 hovered near record highs on Monday as bets on a rebound in economic activity due to prolonged central bank support...
Jerome Powell targets 2% average inflation, focus shifts to jobs
By Administrator_India
Capital Sands
The Federal Reserve on Thursday rolled out an aggressive new strategy to restore the United States to full employment and lift inflation...
