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Business

Reserve Bank of India steps in to bail out industry, MSME’s. The central bank will ensure adequate liquidity in the system to ease the financial stress caused by the Covid-19 pandemic.

RBI to ensure adequate liquidity in system; cuts reverse repo rate by 25 bps Mumbai, Apr 17 The Reserve Bank of India Governor Shaktikanta Das on Friday said the central bank will ensure adequate liquidity in the system to ease the financial stress caused by the Covid-19 pandemic. The central
Business

Govt issues set of new guidelines for the extended lockdown. All finance related institutions and health related services will remain fully functional.

The Center today notified a new set of guidelines in light of the extension of the nationwide lockdown till 3rd of May. In order to mitigate the hardship for the public and relax provisions for the daily wage workers and farmers, select additional activities have been allowed which will come into effect from 20th of […]
World

With over 637,000 confirmed Covid-19 cases and over 30,826 deaths, US tops the list of Corona Cases & fatalities in the world

Washington. The US has “passed the peak” on new coronavirus cases, President Donald Trump has said and predicted that some states would reopen this month. The US has over 637,000 confirmed Covid-19 cases and over 30,826 deaths, the highest for any country in the world. At the daily White House coronavirus briefing on Wednesday, Trump […]
Health

WHO will work with India’s Ministry of Health and Family Welfare to leverage the strategies that helped the country eradicate polio to fight the pandemic.

United Nations, Apr 16 (PTI) WHO chief Tedros Adhanom Ghebreyesus has welcomed the world health body’s cooperation with India to leverage strategies that helped the country win its war against polio into the response to COVID-19 outbreak, saying such joint efforts will help defeat the pandemic. The World Health Organization (WHO) has said it will […]
Cover Story

IMF terms COVID-19 pandemic as much bigger & dangerous than the Great Depression. Lockdown to have a significant impact on World Economy

The world has changed dramatically in the three months since our last update of the World Economic Outlook in January. A rare disaster, a coronavirus pandemic, has resulted in a tragically large number of human lives being lost. As countries implement necessary quarantines and social distancing practices to contain the pandemic, the world has been […]