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UK PM Johnson leaves intensive care, remains under observation

By Administrator_India Capital Sands Prime Minister Boris Johnson left intensive care on Thursday evening as he continues to recover from COVID-19, but he remains under close observation in hospital, his office said on Thursday. Johnson, 55, was admitted to St Thomas’ Hospital on Sunday evening with a persistent high temperature […]

RBI says coronavirus has ‘drastically altered’ India’s growth outlook

Ritu

By Ritu, Capital Sands The outlook for India’s economic recovery has been sharply altered by the coronavirus outbreak, the central bank said in its Monetary Policy Report, underlining the pandemic’s deepening impact on South Asia’s engine of growth. “Prior to the outbreak of COVID-19, the outlook for growth for 2020-21 […]

Asian stocks gain on hopes pandemic is approaching peak

By Administrator_India Capital Sands Asian shares rose on Thursday on hopes the COVID-19 pandemic is nearing a peak and that governments would roll out more stimulus measures, while expectations of an oil production cut agreement bolstered crude prices. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.6%, following […]

WhatsApp limits message forwarding to slow spread of coronavirus misinformation

Ritu

By Ritu, Capital Sands Facebook Inc’s WhatsApp tightened message forwarding limits on Tuesday, restricting users to sharing forwarded content one chat at a time after a jump in messages touting bogus medical advice since the start of the coronavirus crisis. The pandemic, which has killed more than 70,000 people worldwide, […]

India lifts restrictions on 24 drug exports amid coronavirus

By Administraor_India Capital Sands India, the world’s main supplier of generic drugs, has lifted restrictions on the export of 24 pharmaceutical ingredients and medicines made from them, the government said in a statement. It had imposed the restrictions last month as the coronavirus outbreak disrupted global supply chains. Paracetamol, a […]

Airline industry braces for lengthy recovery from coronavirus crisis

Ritu

By Ritu, Capital Sands International seat capacity has dropped by almost 80% from a year ago and half the world’s airplanes are in storage, new data shows, suggesting the aviation industry may take years to recover from the coronavirus pandemic. Carriers including United Airlines Holdings Inc and Air New Zealand […]

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