China says Phase 1 trade deal beneficial to U.S., China and the world

By Ritu, Capital Sands The Phase 1 trade deal between China and the United States will…

Italy March industry output plunges 28% month-on-month on coronavirus lockdown

By Ritu, Capital Sands Italian industrial output plummeted 28.4% in March from the previous month, more…

India may see 0% GDP growth this fiscal year

By Ritu, Capital Sands The impact of the coronavirus outbreak will exacerbate the material slowdown in…

India’s services activity collapses as coronavirus paralyses global economy

By Ritu, Capital Sands India’s services activity suffered a shock collapse in April as the coronavirus…

Delhi imposes 70% ‘corona tax’ on alcohol to deter large crowds

By Ritu, Capital Sands Officials in India’s capital imposed a special tax of 70% on retail…

UK is past the peak, says PM Johnson, promising lockdown exit plan

By Ritu, Capital Sands Prime Minister Boris Johnson said on Thursday Britain was now past the…

Euro zone economy shrinks at record rate, inflation slows sharply

By Ritu, Capital Sands The Euro zone economy contracted at a record rate and by more…

Japan’s Abe says impossible to hold Olympics unless pandemic contained

By Ritu, Capital Sands Prime Minister Shinzo Abe said on Wednesday that the Tokyo Olympics could…

Softbank-backed OYO to cut pay of all employees in India

By Ritu, Capital Sands   Softbank Group-backed OYO Hotels and Homes has cut the salaries of…

South Asian nations weigh tighter lockdowns as coronavirus cases hit 12,000

By Ritu, Capital Sands India accounts for more than half the tally of those infected with…