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 […]
This Surat man buys 150 kg vegetables, 500 kg rice to feed 12,000 people twice a day
Surat, Gujarat: Jignesh Gandhi, a Surat-based entrepreneur, has been starting his days at 6 am every day, ever since a nationwide lockdown was announced on 24 March. In the last 46 days, Gandhi has been providing two meals for 12,000 people daily in some of Surat’s most impoverished neighbourhoods. A social worker and owner of a […]
Tough to ‘weaponise’ coronavirus, but can’t rule out attacks: Armed Forces Medical Chief
New Delhi: The possibility of adversaries weaponising or using the coronavirus against the Indian armed forces is remote, but they remain susceptible to such attacks until a vaccine or preventative medical therapy is found, Lt Gen. Anup Banerji, Director General of the Armed Forces Medical Services (AFMS) told ThePrint. The DG is the head of the […]
Train services resume today after nearly two months; 54,000 bookings done, says railways ministry
The Indian Railways is resuming passenger train operations from Tuesday, nearly two months after services were stopped due to the nationwide lockdown imposed as a precautionary measure to contain the spread of Covid-19. The railways opened bookings for passenger services on Monday with 15 trains a day connecting Delhi to Mumbai, Chennai, Bengaluru, Kolkata and […]
Tablighi Jamaat members should be dealt with like terrorists for spreading coronavirus: BJP MP
Member of Parliament from Muzaffarpur Ajay Nishad has stirred controversy with his statement about members of the Nizamuddin Tablighi Jamaat Markaz. The Bharatiya Janata Party (BJP) MP from Bihar said all members of the Muslim missionary movement should be dealt with like “terrorists” for spreading the novel coronavirus. Nishad went even further to blame members […]
