FM Nirmala Sitharaman Announcements Live Updates: Congress says ‘cruel blow dealt to those who toil everyday’
FM Nirmala Sitharaman Announcements Live Updates: Senior Congress leader P Chidambaram Wednesday said there was nothing for the for the poor, hungry and migrant workers in Finance Minister Nirmala Sitharaman’s announcement on the Rs 20 lakh crore special Covid economic package today and it was a “cruel blow dealt to those who toil every day”. He also said […]
Deeply disturbing that criminal laws are being used to intimidate journalists: Editors Guild
New Delhi: The Editors Guild of India has said there is “a growing pattern of misuse of criminal laws to intimidate journalists” in different parts of the country, which is “deeply disturbing”. In a statement issued Wednesday, it cited the latest instances of Dhaval Patel, editor and owner of Gujarati news portal Face of Nation who was booked […]
ICMR starts household survey to gauge prevalence of coronavirus
The Indian Council of Medical Research is conducting a household-level antibody testing of 24,000 adults in select districts to “estimate the prevalence of (Covid-19) infection” among people. This new research comes on the heels of another facility-level pooled testing of all districts of the country. Both mark an enhanced level of testing surveillance from previous […]
67% of workers lost jobs during lockdown: Survey by Azim Premji University
About two-thirds, or 67 per cent, of workers lost employment during the ongoing lockdown to counter the COVID-19 pandemic, with urban India posting loss in employment for 8 in 10 workers and almost 6 in 10 workers in rural areas, as per initial findings of a phone survey of nearly 4,000 respondents conducted by Azim Premji University […]
The math: It’s 10% of GDP, but less than 5% cash outgo
The Rs 20-lakh crore package announced by Prime Minister Narendra Modi sounds big but will burn only a small hole in the government’s finances. A large part of it, or as much as Rs 8.04 lakh crore, is additional liquidity injected into the system by the Reserve Bank of India through various measures in February, March and April. Add […]
PM Modi address to nation HIGHLIGHTS: Lockdown 4.0, Rs 20 lakh crore Covid-19 package and more
PM Narendra Modi Speech HIGHLIGHTS: A day after holding a marathon six-hour meeting with chief ministers, Prime Minister Narendra Modi Tuesday addressed the nation over the coronavirus crisis. This was his fifth address to the nation, including a video message, following the outbreak of Covid-19. In his address, the prime minister announced a special Rs 20 lakh crore economic package […]
With 13 more deaths today, Delhi records biggest jump in toll; total at 86
Coronavirus India Live updates: A day after holding a six-hour meeting with chief ministers of different states, Prime Minister Narendra Modi will address the nation at 8 PM on Tuesday. His address comes five days ahead of the end of the third phase of lockdown on May 17. With India reporting 3,604 coronavirus cases in the last 24 hours, […]
Chinese choppers spotted near Ladakh LAC prompt alert, IAF fighters rushed in: Report
After the scuffle between the Chinese People’s Liberation Army troops and Indian troops along the LAC in North Sikkim which led to injuries on both sides, China appears to be continuing on the path of belligerence towards India, this time along the Line of Actual Control in Ladakh. In what appears to be a multi-front […]
Fraudsters Create Duplicate Facebook Page Of Dalai Lama’s Guru, Dupe Followers For Corona Fund
The 35-year-old Ling Rinpoche, one of the most revered spiritual leaders of Tibetian Buddhist tradition, has alleged that some fraudsters have created a duplicate Facebook page under his name to defraud his followers in the name of raising funds to fight COVID-19. The Crime Branch of Delhi Police has lodged an FIR and is investigating […]
Lockdown, slowdown: NPAs looming, PSBs put bad bank creation plan back on table
With non-performing assets (NPAs) of banks set to witness a spike in the wake of the lockdown triggered by the pandemic and the economic slowdown, the banking sector is preparing the groundwork for creation of a bad bank to tackle bad assets. The sector, under the auspices of the Indian Banks Association (IBA), has dusted off a […]
