Economy News

financial news

Non-Taxable Income! Charge isn’t relevant to these 5 income

July 11, 2023

The Annual Duty Division in India charges no assessment on pay acquired through specific means. Notwithstanding, it relies upon different circumstances and cutoff points. Since an opportunity to record personal assessment form is approaching, you really should know this.   Non-available pay: Each annual citizen generally searches for ways of saving personal duty. For this, […]

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Taiwan Exports

Taiwan Exports Seen Contracting For Fifth Straight Month in January: Reuters Poll

February 6, 2023

Taiwan’s exports in January likely fell for the fifth month in a row amid fears of a global recession, uncertainties due to the war in Ukraine, and the COVID situation in China impacting tech demand, according to a Reuters poll. Taiwan, a global hub for chip production and a key supplier to Apple Inc (NASDAQ:AAPL), […]

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China Hotel

China Hotel, Catering Job Openings Surge On PAost-COVID Demand Recovery – Survey

February 3, 2023

Chinese hotels and restaurants are seeking employees amid demand recovery in the services sector after the end of Beijing’s zero-COVID protocols, with a survey by a leading recruiter showing a surge in job openings in the hospitality industry. During the first six days of work after China’s Lunar New Year holiday, job openings in the […]

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BOJ

BOJ Considering Raising Inflation Forecasts to Near 2% Target -Nikkei

December 31, 2022

The Bank of Japan (BOJ) is considering raising its inflation forecasts in January to show price growth close to its 2% target in fiscal 2023 and 2024, Nikkei reported on Saturday.The BOJ jolted markets this month by widening its 10-year yield cap range, a move officially aimed at straightening out bond market distortions but seen […]

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India poised to play key role in global economy: Verizon Business

India poised to play key role in global economy: Verizon Business

November 17, 2020

By Administrator_India Capital Sands India, one of the fastest-growing tech and telecom markets, is poised to play a key role in the global economy and future of technology and innovation, a senior official of Verizon Business Group has said. Robert Le Busque, Managing Director, Asia Pacific (APAC), Verizon Business Group told PTI that the rising […]

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China's factory-gate prices surge by most in over three years

Govt gifts Rs 1.45-trillion incentive for 10 manufacturing sectors

November 12, 2020

By Administrator_India Capital sands In a move that has lifted the industry sentiment in the festival season, the Union Cabinet on Wednesday approved a Rs 1.45-trillion package by extending the production-linked incentive (PLI) scheme to 10 more sectors (see chart). The policy for what the government calls the champion sectors has been tailored to attract […]

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Dollar Recovery Over, but Fed Could Spark Second Wave of Strength

Dollar Down, Gives up Earlier Gains as Volatility Remains

September 11, 2020

By Administrator_India Capital Sands The U.S. Dollar Index that tracks the greenback against a basket of other currencies edged down 0.10% to 93.295 by 9:40 PM ET (2:40 AM GMT). The euro also seesawed, initially rising over comments made by ECB President Christine Lagarde emphasized that the bank does not target exchange rates. But Lagarde’s comments […]

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Jerome Powell targets 2% average inflation, focus shifts to jobs

August 28, 2020

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 back to healthier levels in a world where it now believes that “downward risks to employment and inflation have increased.” Under the new approach, laid out in a fresh […]

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With eye on China, India looks to increase barriers on imports from Asia

August 4, 2020

By Administrator_India Capital Sands New Delhi is considering measures to prevent trade partners mainly in Southeast Asia from re-routing Chinese goods to India with little added value, two government sources said, amid strained ties with Beijing and a push for self-reliance. India is planning to raise quality standards of imports, impose quantity restrictions, mandate stringent […]

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Indian refiners cut runs as fuel demand dips, margins fade

Indian refiners cut runs as fuel demand dips, margins fade

July 29, 2020

By Administrator_India Capital Sands Indian refiners are cutting crude processing and shutting units for maintenance as local fuel demand falls and global refining margins are weak, officials at the companies said. Fuel demand in Asia’s third largest economy had been rising since May from historic lows in April, when a nation-wide lockdown to stem the […]

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