Harsh Vardhan to take over 34-member WHO Executive Board

Harsh Vardhan to take over 34-member WHO Executive Board

🕔16:37, 22.May 2020

New Delhi, May 22 India’s health Minister Harsh Vardhan is going to take charge as the chairman of the WHO’s Executive Board later on Friday. At a time when the credibility of the World Health Organization (WHO) has plummeted to an

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Railways books 5.7 lakh tickets in 24 hrs for 12 lakh passengers

Railways books 5.7 lakh tickets in 24 hrs for 12 lakh passengers

🕔16:34, 22.May 2020

New Delhi, May 22 A day after the Indian Railways started taking bookings for 200 special trains from June 1, within 24 hours the national transporter sold 5.72 lakh tickets for 12.5 lakh passengers. A senior railway ministry official said that

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RBI defers interest payment on working capital loans for 3 months

RBI defers interest payment on working capital loans for 3 months

🕔16:33, 22.May 2020

Mumbai, May 22  In a bid to ease the pressure of interest repayment on borrowers, the Reserve Bank of India has deferred the interest repayment on working capital facilities for three months and has allowed the repayment of accrued interests

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Path Of Diminishing Marginal Utility: RBI Policy May 2020

Path Of Diminishing Marginal Utility: RBI Policy May 2020

🕔16:32, 22.May 2020

The monetary policy committee (MPC), reflecting the sign of times, had yet another out of policy meeting and delivered a 40 bps repo rate cut with commensurate changes to the rest of the rates in the corridor. In its assessment,

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Group exposure limit raised to 30% till June 30, 2021

Group exposure limit raised to 30% till June 30, 2021

🕔16:30, 22.May 2020

Mumbai, May 22  In a major relief for business groups and conglomerates, the Reserve Bank of India (RBI) has decided to increase the group exposure limit to 30 per cent from the current 25 per cent of the eligible capital

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PM says country stands with Bengal, announces Rs 1K cr aid

PM says country stands with Bengal, announces Rs 1K cr aid

🕔16:29, 22.May 2020

Kolkata, May 22  After conducting an aerial survey of the cyclone-hit areas of West Bengal on Friday, Prime Minister Narendra Modi announced a Rs 1,000 crore relief package for the state, saying the nation stood with Bengal in this hour

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Delhi reports 660 new COVID cases; death toll reaches 208

Delhi reports 660 new COVID cases; death toll reaches 208

🕔16:24, 22.May 2020

New Delhi, May 22  The coronavirus cases count in the national capital witnessed a record jump of 660 in a day, taking the total tally to 12,319 and the death tally has reached 208, the Delhi Health Department said on

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NTPC in pact with ONGC to set up Joint Venture Company for Renewable Energy Business

NTPC in pact with ONGC to set up Joint Venture Company for Renewable Energy Business

🕔16:19, 22.May 2020

New Delhi, May 22, 2020: NTPC Ltd. and Oil and Natural Gas Corporation Limited (ONGC) have signed a Memorandum of Understanding (MoU) to set up a Joint Venture Company for Renewable Energy business. The MoU will enable both companies to

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Yogi govt plans to plant 25 crore saplings this year

Yogi govt plans to plant 25 crore saplings this year

🕔12:43, 22.May 2020

Lucknow, May 22  The Yogi Adityanath government in Uttar Pradesh plans to plant 25 crore trees in July this year, creating yet another world record of sorts. The drive is aimed at increasing the green cover in the state. The

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RBI extends Rs 15,000 cr credit line to EXIM Bank

RBI extends Rs 15,000 cr credit line to EXIM Bank

🕔12:41, 22.May 2020

Mumbai, May 22  The Reserve Bank of India (RBI) will extend a credit line of Rs 15,000 crore to the Export-Import (EXIM) Bank of India. The announcement is part of the RBI’s latest measures to help businesses and the economy

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RBI gives more time to India Inc to repay loans

RBI gives more time to India Inc to repay loans

🕔12:39, 22.May 2020

New Delhi, May 22  In a big relief to the corporate sector the Reserve Bank of India on Friday allowed a three-month extension of moratorium on payment of instalment with respect to all term loans outstanding on March 1, 2020.

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India’s solar tariff stabilises, lower than thermal power

India’s solar tariff stabilises, lower than thermal power

🕔12:38, 22.May 2020

New Delhi, May 22  The current tariffs in the Indian solar sector, hovering at Rs 2.50-2.87 per kWh, have stabilised at rates 20 to 30 per cent below the cost of existing thermal power in India, and up to half

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B’desh incurs loss worth $129 mn due to Amphan

B’desh incurs loss worth $129 mn due to Amphan

🕔12:37, 22.May 2020

Dhaka, May 22  Bangladesh has incurred losses worth 11 billion taka ($129 million) due to cyclone Amphan which has caused damages to housing, infrastructure, fisheries, livestock, water resources and agriculture, according to initial government estimates. Enamur Rahman, state minister for

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Heat wave in UP, Rajasthan till Monday

Heat wave in UP, Rajasthan till Monday

🕔12:36, 22.May 2020

New Delhi, May 22  The India Meteorological Department on Friday forecast heat wave condition for Uttar Pradesh and Rajasthan till Monday while a day less in Madhya Pradesh, Vidarbha and Telangana. The department also stated that the heat wave will

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Pandemic’s macroeconomic impact more severe: RBI Guv

Pandemic’s macroeconomic impact more severe: RBI Guv

🕔12:34, 22.May 2020

Mumbai, May 22  Reserve Bank’s Governor Shaktikanta Das on Friday said the macroeconomic impact of the pandemic is turning out to be more severe than initially anticipated. In an online address to announce the reduction in key lending rates, Das

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RBI says India’s FY21 GDP growth to be negative

RBI says India’s FY21 GDP growth to be negative

🕔11:46, 22.May 2020

Mumbai, May 22 (IANS) Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that the GDP growth rate for the financial year 2020-21 is likely to be in the negative territory due to the severe impact of the coronavirus

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RBI unleashes more firepower; cuts lending rates; extends moratorium

RBI unleashes more firepower; cuts lending rates; extends moratorium

🕔10:57, 22.May 2020

Mumbai, May 22  To mitigate the impact of COVID-19 induced economic fallout, the Reserve Bank of India on Friday further reduced key lending rates by 40 basis points to historic low levels. Making the announcement through an online address, RBI

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With 80% corona recovery rate, Agra heaves a sigh of relief

With 80% corona recovery rate, Agra heaves a sigh of relief

🕔10:56, 22.May 2020

Agra, May 22 With the number of COVID-19 cases remaining under ten a day for past one week, there is considerable relief as the recovery rate touched 80.07 per cent on Friday. Six new cases were reported Till Thursday night. The

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With 6,088 cases India breaches its single day tally

With 6,088 cases India breaches its single day tally

🕔10:55, 22.May 2020

New Delhi, May 22  As Lockdown4.0 brought in a slew of ease from restrictions across the country, India on Friday broke its own 24-hour record adding 6,088 cases in single day as the total number of the novel Coronavirus cases

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KKR to acquire 2.32% stake in Jio Platforms for Rs 11,367 crore

KKR to acquire 2.32% stake in Jio Platforms for Rs 11,367 crore

🕔10:52, 22.May 2020

Mumbai, May 22  Reliance Industries Limited (RIL) and Jio Platforms Limited, India’s leading digital services platform, announced on Friday that US private equity fund, KKR will invest Rs 11,367 crore into Jio Platforms. This transaction values Jio Platforms at an

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