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Economic News

Indian economy to contract by 7% in current fiscal

By Administrator_India Capital Sands Pencilling in a GDP growth in third and fourth quarters, SBI Research on Wednesday revised its contraction forecast…

Rupee becomes worst-performing Asian currency; bonds rally in 2020

By Administrator_ India Capital Sands Bonds closed stronger on the last day of 2020 and the rupee weaker as the Reserve…

Indian economy could be ‘most resilient’ in subregion in long term

By Administration_ India Capital Sands India’s economy could prove to be the “most resilient” in the subregion of South and…

Petrol, diesel prices unchanged for 21st day

By Administrator_ India Capital Sands Petrol and diesel prices were paused for the the 21st day on Monday after sixth straight…

Saudi Arabia plans spending cuts in 2021 as economy recovers

By Administration_ India Capital Sands Saudi Arabia said its spending plans for next year would be expansionary, as it leans more…

India’s exports fell 9% in Nov, in second straight month of decline

By Administrator_ India Capital Sands India’s exports reduced by 9.07 per cent in November, in a second straight month of…

PM Modi to meet 15 global funds to promote investment, assess views on reforms in the country

By Administrator_ India Capital Sands Prime Minister Narendra Modi would be meeting 15 global funds to promote investments and to assess their views…

Food prices push retail inflation to 8-month high of 7.34% in Sept

By Administrator_ India Capital Sands Pushed up by the double-digit food inflation, the retail price inflation rate rose to an eight-month high…

Covid-19 lockdown and taxes eat away at diesel’s edge over petrol in India

By Administrator_ India Capital Sands For decades, diesel has underpinned India’s economic growth and the fortunes of its refiners, but the pandemic…

China Lets Traders Push Yuan Toward Best Quarter on Record

By Administrator_India Capital Sands The yuan has strengthened 4.2% since the end of June to 6.772 per dollar, set for…