Oil prices Oil prices have dropped over 1% due to global economic concerns and a strong dollar

On Tuesday, oil prices fell more than 1%, continuing the previous day’s severe drop, as coronavirus lockdowns in China’s main oil importer, a strong dollar, and mounting recession threats fueled concerns about global demand. After falling as low as $103.19, Brent crude slid $1.31, or 1.2 percent, to $104.63 at 0216 GMT. After touching an […]

India becomes member of UN's Commission on Status of Women; China fails to secure a seat India becomes member of UN’s Commission on Status of Women; China fails to secure a seat

By Administrator_India Capital Sands India has been elected as a member of the United Nation’s Commission on Status of Women, a body of the Economic and Social Council, said TS Tirumurti, permanent representative of India to the United Nations on September 15. “Election to the ECOSOC body is an endorsement of India’s commitment to promoting […]

China's factory activity expands, but job losses quicken amid weak exports China’s factory activity expands, but job losses quicken amid weak exports

By Administrator_India Capital Sands China’s factory activity grew at a faster clip in June after the government lifted coronavirus lockdown measures and ramped up support steps, but the health crisis continues to pressure exports and jobs, a private business survey showed on Wednesday. The Caixin/Markit Manufacturing Purchasing Managers’ Index rose to 51.2 last month, the […]

Indian and Chinese military agree to disengage on disputed Himalayan border Indian and Chinese military agree to disengage on disputed Himalayan border

By Administrator_India Capital Sands Indian and Chinese military commanders have agreed to step back from a confrontation over a disputed stretch of border where a clash last week left 20 Indian soldiers dead, government officials in New Delhi and Beijing said on Tuesday. “There was a mutual consensus to disengage,” an Indian government source said, […]