In his third speech since the start of the coronavirus-induced lockdown on March 25, the Governor of the Reserve Bank of India (RBI) Shaktikanta Das today reduced the Repo rate by 40 basis points to 4% and also also extended the moratorium…
read moreThe US Food and Drug Administration has issued an emergency use authorization for Remdesivir, an investigational antiviral drug. With this authorization, physicians in the United States are now authorized to use the medication to treat patients with severe cases of COVID-19. Remdesivir…
read moreThe Union Cabinet has extended the date of “Pradhan Mantri Vaya Vandana Yojana (PMVVY)”, a pension scheme for people over 60, for a period of three years. The social security scheme for the elderly will be valid until March 2023. The government…
read moreOne in five people over the age of 80 may need hospitalization if they are infected with the new coronavirus disease, according to a study on the start of the pandemic in China. However, according to research published in The Lancet, for…
read moreIndia would now play a greater role in the World Health Organization (WHO), with Union Minister of Health Dr Harsh Vardhan taking over as President of the Executive Board of the WHO in its 147th session. Dr. Harshvardhan will succeed Dr. Hiroki…
read moreCyclone Amphan, which is intensifying regularly in the Bay of Bengal, is expected to hit West Bengal on May 20. It had formed in the southeast of the Bay of Bengal on the night of May 16, as predicted by the IMD….
read moreReliance Industries Limited and Jio Platforms Limited, India’s leading digital services platform, today announced an investment of Rs 6,598.38 crore from General Atlantic, a leading global growth company. This investment values the Jio platforms at a net value of Rs 4.91 lakh…
read moreWith a combination of various reforms, fiscal and liquidity measures, Finance Minister Nirmala Sitharaman today completed the announcement of the final stage of Rs. The 20 lakh crore economic package previously announced by Prime Minister Narendra Modi. To improve the livelihoods of…
read moreFinance Minister Nirmala Sitharaman said in her fourth episode of the economic stimulus package for coronaviruses on Saturday that structural reforms in coal, defense production and aviation will be the target with the aim of boosting growth and create jobs. Earlier this…
read moreAt her third press conference, Minister of Finance Nirmala Sitharaman announced 11 measures related to agriculture and related activities. Eight will be linked to the strengthening of infrastructure, logistics and storage, while three measures will relate to administrative and governance reforms. Presenting…
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