The government can increase insurance coverage and implement direct cash transfer, besides providing credit support to small and medium enterprises as an immediate economic response
Category: News of interest
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Bill Gates is ‘wasting’ billions of dollars amid Coronavirus outbreak; says it is worth it – The Financial Express
Microsoft co-founder Bill Gates, who recently stepped down from the company’s board to dedicate his time towards philanthropic activities, has decided to spend billions of
India reassures banks of capital infusion: Sources – The Economic Times
India has assured state banks it is ready to provide capital support as the coronavirus pandemic may lead to a surge in bad loans when
ILFS: ‘Substantial recovery’ likely against IL&FS external debt worth Rs 94,000 cr: Injeti Srinivas – The Economic Times
NEW DELHI: With multi-pronged strategies in place for IL&FS resolution, the government expects “substantial recovery” against the group’s Rs 94,000 crore external debt and the
U.S. ‘wasted’ months before preparing for virus pandemic – The Economic Times
WASHINGTON: As the first alarms sounded in early January that an outbreak of a novel coronavirus in China might ignite a global pandemic, the Trump
Government considering another package to minimize lockdown impact: Sources – The Economic Times
NEW DELHI: The government has started working out the possible post-lockdown scenarios and is considering another booster shot to minimize the impact of coronavirus and
coronavirus impact: Coronavirus: Faced with an unprecedented challenge, how is India faring? – The Economic Times
On Friday morning, shortly after Prime Minister Narendra Modi exhorted his countrymen to light candles and lamps as a gesture of a united fight against
coronavirus news: Lockdown would have deeper impact, 52% CEOs foresee job losses: CII Snap Poll – The Economic Times
NEW DELHI: The coronavirus outbreak and the subsequent country-wide lockdown has deeply impacted India’s economy, with a majority of the firms expecting a significant decline
When lockdown is lifted, we have to be highly disciplined: Saraswat – The Economic Times
Corridors of the many government offices in Lutyens’ Delhi are as deserted as the streets of the city to curtail the spread of the coronavirus.
India macroeconomic outlook set to worsen if lockdowns continue: Jean Dreze | Business Standard News
The Indian macroeconomic situation is bleak and all set to get worse if local or national lockdowns continue for some more time, renowned economist Jean
GSTN processed 10,077 new registrations, 7,876 refunds during lockdown | Business Standard News
GST Network on Sunday said tax officers have processed over 10,000 new registrations and about 8,000 refund applications in the first 10 days of lockdown
President Xi Jinping cared more for his reputation than to admit a crisis | The Indian Express
In the middle of the corona crisis, French President Emmanuel Macron has decided that his most urgent need is to have a new PR person
Centre tweaks rules to make inactive accounts functional – The Hindu
Aims to ensure cash transfer under COVID-19 relief reaches beneficiaries The Finance Ministry has tweaked prevention of money laundering (PML) norms with the aim to
How long will the pandemic last? 3 Covid scenarios–Times of India
How long will the coronavirus pandemic last along with the deep economic recession it has created? I am a pessimist and fear a protracted tragedy.
What India did right with the lockdown will overshadow the wrongs–Times of India
Since March 25, India has come to terms with the enormous challenges of managing a 21-day total lockdown — an exercise that most countries in
Covid-19 is not the only crisis the country is confronting–Times of India
India is in crisis, and it is not just because of Covid-19. This pandemic is a surging, temporal disaster that has laid bare an ongoing,
When the virus plays on the mind – The Hindu BusinessLine
Mental well-being must get its due, as health workers and people fight Covid-19 Prime Minister Narendra Modi’s reference to the need to creatively tackle loneliness
Covid-19: Implications for the disabled – The Hindu BusinessLine
India’s differently-abled are left in the lurch by virus and lockdown. The govt’s measures, or the lack thereof, fail to ease their burden Almost everybody
Big Story | How Covid-19 changes the outlook for economy and stock market – The Hindu BusinessLine
The world is staring at a recession, economic output in June 2020 quarter is going to shrink, and growth for FY21 will be sharply lower
Covid-19 crisis: IAS officers call for Rs 5-10 trn spending on health infra | Business Standard News
Inter-state coordination for movement of essential goods and immediate monetary support to migrant labourers and daily-wage workers are some of the other suggestions The government