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Latest Articles in COVID 19 Crisis

Too Early To Conclude On Lessons Learnt From Covid-19 Crisis: Sitharaman

Sitharaman said much before the second Covid wave struck, her government had extended a stimulus and was waiting for the economy to revive.

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India Has Faced Covid Crisis With Resilience And Fortitude: Nirmala Sitharaman

The broad-based and swift recovery of both the demand and supply-side components reaffirms India’s resilient recovery and strong macroeconomic fundamentals.

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Indian Economy Is Recovering From Covid-19 Crisis: World Bank President

The Indian economy is recovering, and we welcome that. It's going through to the other side of the COVID of the, the latest wave.

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Global Aviation Industry To Lose USD 201 Billion Between 2020-22 Due To COVID-19 Crisis: IATA DG

"The EU Digital Covid Certificate (EU DCC) is an efficient and reliable standard to record test and vaccination status. If governments are looking for a standard to follow, this is our recommendation,"

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India Top Source Of Social Media Misinformation On COVID-19: Study

The results also showed that India (15.94 percent), the US (9.74 percent), Brazil (8.57 percent) and Spain (8.03 percent) are the four most misinformation-affected countries

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Rate Transmission Gaining Traction; New Loans Cheaper By 217 Bps, Old By 170 Bps Since Feb 2019: Das

Das began the rate cut cycle in February 2019. On May 22, 2020, at an unscheduled announcement, the RBI slashed the repo rate by 40 bps to help shore up the economy amid the COVID-19 crisis.

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Indian Govt Needs To Do More To Convince Banks, NBFCs To Lend To MSMEs: AIIB Senior Economist

The whole world is turning more protectionist and it is going to have long-term impact on the global recovery, he emphasised.

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Power Consumption Grows Nearly 10 % To 115.39 BU In June

Power consumption in the country witnessed a 7.9 per cent year-on-year growth in May at 110.17 billion units (BU) despite a low base of 102.08 BU in the same month of 2020.

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Declare Apparel Exports As Essential Services, Exempt Exporting Units From Lockdowns: AEPC

Export orders from the US and Europe have revived but now the Indian apparel exporters face the danger of losing these to competing countries as the second wave of COVID-19 crisis has resulted in lockdowns in several states

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Airtel Upgrades Mobile Network In TN

Airtel acquired large blocks of 1800 and 900 Mhz spectrum for Tamil Nadu during the recent auction by the Centre and with the company's diverse spectrum holdings, Airtel was well positioned to serve the growing demand.

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Swedish Industry, businesses, agencies and individuals along with Government, support India during Covid-19 surge

There are approximately 220 Swedish companies present in India which employ close to 200,000 directly and another 2,200,000 indirectly. Like the rest of the country, almost every company has lost employees, or their family members, to Covid.

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Reliance Power Posts Rs 72.56 Cr Profit In March Quarter

The total income of the company stood at Rs 1,691.19 crore in the March quarter compared to Rs 1,902.03 crore a year ago.

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“The Inclusivity Agenda”

The Covid-19 crisis saw Brooke Bond Red Label emphasising on the impor tance of compassion during difficult times. Extending the brand’s on-going campaign ‘Taste of Togetherness’, the ad talked about the passive hostility that had become prevalent during the pandemic.

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FHRAI Requests Govt For Special Credit Guarantee Window Under ECLGS For Hospitality Sector

The repayment schedule for loans taken under ECLGS 1.0 and 2.0 are likely to begin now, but unfortunately due to the ongoing lockdown many establishments do not have the cash flow to repay it.

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FPIs Turn Net Sellers After 6 Months; Withdraw Rs 9,659 Cr In Apr Amid Second Wave Of COVID-19

The selling by FPIs is a near-term phenomenon and unlikely to pose a big risk as fundamentals of Indian equities continue to remain sound, Binod Modi, head strategy at Reliance Securities

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