Covid-19 India: Nizamuddin congregation, Arvind Kejriwal orders FIR against maulana as several people show COVID-19 symptoms

Chief Minister Arvind Kejriwal on Monday ordered the registration of an FIR against a maulana for leading a congregation in West Nizamuddin. Chief Minister Arvind Kejriwal on Monday ordered the registration of an FIR against a maulana for leading a congregation in West Nizamuddin in…

Covid-19: India, China possible exceptions as world economy stares at recession, says UN report

With two-thirds of the world’s population living in developing countries facing unprecedented economic damage from the COVID-19 crisis, the UN is calling for a USD 2.5 trillion rescue package for these nations. The world economy will go into recession this year with a predicted loss…

Fighting coronavirus: L&T donates Rs 150 cr to PM-CARES Fund to fight COVID-19

L&T joins a list of other corporates including Tata Group and Reliance Industries who have come forward to offer their support to fight this unprecedented crisis. Engineering and construction giant Larsen & Toubro (L&T) on Monday announced Rs 150 crore donation to the PM-CARES Fund…

COVID 19: Cabinet secretary Rajiv Gauba says No plan to extend 21-day lockdown period

I’m surprised to see such reports, there is no such plan of extending the lockdown,” Cabinet Secretary Rajiv Gauba said on reports that the lockdown could be extended. Cabinet Secretary, Rajiv Gauba, said that there are no plans to extend the lockdown period beyond the…

Indian banks plan to shut down most branches during 21 day lockdown

India is still very much a cash society and banks have been exempted from a 21-day lockdown that began this week as they are considered an essential service. India’s central bank and major lenders are considering shutting down most branches across the country to prevent…

RBI’s surprise announcement: RBI Cuts Rates, Allows 3-Month Pause On EMIs To Offset Coronavirus Impact

The move came as India entered the third day of a 21-day countrywide lockdown to curb the rapid spread of the coronavirus pandemic. Reserve Bank of India (RBI) Governor Shaktikanta Das slashed the key lending rate by 75 basis points (0.75 percentage point) in an…

Finance Minister To Address Media At 1 pm, Likely to Announce Economic Package Shortly to Deal With Coronavirus Impact

The Indian economy that had already slowed down before the outbreak of coronavirus, is in for a more difficult period in the coming months with businesses almost coming to a standstill. Finance Minister Nirmala Sitharaman is likely to announce shortly a comprehensive economic package to…