Saturday, April 4, 2020

Economy and Finance

Coronavirus Outbreak: Banks start rolling out EMI moratorium scheme, know the details and impacts

If EMI moratorium is availed, total interest payable on the loan will go up, resulting in an increase in the number of EMIs to be paid

FM announcement was just a relief package, a stimulus package will be announced soon: NITI Aayog Vice-Chairman Rajiv Kumar

Rajiv Kumar said that the Modi government is likely to announce more measures after the package announced by Finance minister

Banks allowed to defer EMIs by 3 months, cut in repo rate, liquidity injection of Rs 3.74 lakh crores: Highlights of the RBI Governor’s...

The most important notification put out by the RBI on Friday was that a three-month moratorium has been announced on payment of instalments of loans outstanding on March 1, 2020.

Modi govt announces a Rs 1.70 lakh crore welfare scheme for poor during Coronarvirus lockdown: Here are the 12 announcements made

The package to benefit the poor and medical workers during the Coronavirus lockdown was called 'Prime Minister Gareeb Kalyan Yojana and totalled a whopping 1.70 lakh crores.

Coronavirus Lockdown: Flipkart to resume delivery of food items and essential products, Big Basket to start operating in few cities

Big Basket listed as essential service in 10 cities and started delivering there, Flipkart resumes delivery of grocery during Lockdown

Sensex plunges during initial trading, trading halted in Nifty for 45 minutes after it hits lower circuit limit

The Sensex has plunged to 3090.62 points and is currently under 30,000 points at 29,687.52.

RBI publishes scheme of reconstruction draft for Yes Bank, State Bank of India to pick up 49% stack at ₹10 per share

After placing Yes Bank under moratorium, RBI has published the draft for scheme of reconstruction for the bank

RBI takes over management of Yes Bank and imposes restrictions on withdrawals: All you need to know about the latest crisis in banking sector

RBI imposes moratorium on Yes Bank for a month, caps withdrawals at ₹50,000 and suspends board

As the coronavirus outbreak expands to more countries, it may have adverse effect on stock markets: Report

Experts feel that the impact of the coronavirus outbreak can potentially start a long-term global slowdown.

Number of poor people in India falls from 27 crore in 2011 to 8.4 crore in 2017: New study reveals

The study claims that as per the Tendulkar poverty line it, poverty in India reduced from 14.9 % in 2011 to 7.0 % in 2017, the fastest decline in poverty the country has ever seen.

Latest News

Latest updates and important links about COVID-19 coronavirus

Live statistics and tracking of news related to COVID-19 coronavirus with focus on India.

IIT Roorkee and AIIMS Rishikesh develop closed-loop portable ventilator named as ‘Praan-Vayu’ for COVID-19 patients

The ‘Praan-Vayu’ Ventilator is based on controlled operation of the prime mover that delivers enough air to the patient.

Madhya Pradesh: Police register FIR against fruit vendor after a video of him contaminating the fruits with his saliva goes viral

The police registered the FIR against the fruit vendor on the basis of a complaint lodged by a youth named Bodhraj Tipta

Tablighi Jamaat members kept in Madhu resort in Agra throw tantrums, refuse to eat prescribed healthy food, demand spicy beef biryani

Tablighi Jamaat members are turning out to be quite a headache for the authorities and medical staffs

Karnataka: Muslim mob pelts stones at police officials after being stopped from offering mass namaz defying coronavirus lockdown

Muslim mob in Hubbali attacked police personnel with stone pelting when the cops tried to stop them from offering namaz en masse

Recently Popular

“May Allah send a virus that kills 50 crores Indians”: Bengal Maulvi roared from the stage, video goes viral

May Allah send such a terrible virus to India that ten to twenty to fifty crore people die in India, the Maulvi said to an applauding crowd

Tablighi Jamaat members kept in Ghaziabad hospital roam naked in the ward, make lewd gestures toward female staff

The Chief Medical Officer of the District MMG Hospital in Ghaziabad has written a letter to the Ghaziabad police informing about criminal behaviour of the Jamaatis

Did you know that the Prime Minister’s National Relief Fund has always had the President of Congress party in its managing committee

After PM Modi launched PM CARES Fund, a lot has been discussed about similarities and differences between PM CARES Fund and PMNRF

Nasik police arrest Muslim man after video of him wiping his face with currency note and saying “Coronavirus is Allah’s punishment to you” went...

The man was seen saying that the coronavirus has no treatment because it is sent by ‘Allah’, while licking the notes

Ummah above gender: The Wire journalist refuses to believe nurses’ complaint about Tablighi Jamaatis harassing them

The Wire editor Arfa Khanum Sherwani has declared Tablighi Jamaatis innocent and indulges in Muslim victim-mongering, accusing nurses of lying

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