India cracks down on use of VPNs in Kashmir to get around social media ban
By Ritu, Capital Sands Authorities in Indian Kashmir are cracking down on virtual private network  apps used to circumvent a months-long ban on social media, police said, as part of a broader effort to quell unrest over the withdrawal of the region’s autonomy. Social networks such as Facebook , WhatsApp and Instagram are still blocked,
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HSBC plans to slash 35,000 jobs after profits slid by a third last year
By Administrator_India Capital Sands HSBC announced a radical overhaul on Tuesday, including plans to slash 35,000 jobs and slim operations in the United States and Europe, after profits slid by a third last year. The Asia-focused lender has been trying to lower costs as it faces a multitude of uncertainties caused by the grinding US-China trade
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Euro zone, Germany back fiscal boost in the event of downturn
By Ritu, Capital Sands The euro zone should be ready for a fiscal boost if a downturn hits its economy, Germany’s finance minister and his counterparts from other countries of the bloc said in a joint document adopted on Tuesday. The move was deemed as a breakthrough by France’s Finance Minister Bruno Le Maire, who
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BJP Gets Boost After Jharkhand Poll Defeat as JVM(P) Merges with Saffron Party
By Administrator_India Capital Sands The JVM(P) of former Jharkhand chief minister Babulal Marandi merged with the BJP on Monday, giving stimulus to the saffron party smarting from defeat in the November-December 2019 state assembly polls. Union Home Minister Amit Shah, credited with BJP’s phenomenal expansion as its president, was present at a well-attended public rally
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Oyo says annual loss grew over six-fold on China expansion
By Ritu, Capital Sands SoftBank-backed (9984.T) Oyo Hotels and Homes said on Monday losses widened more than six-fold in the year to March 2019, as the India-based hotel chain spent heavily to expand into China. The news comes weeks after Oyo began laying off roughly 2,000 employees in India, as it inches toward profitability, and
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