Press note by Department for Promotion of Industry and Internal Trade says move is aimed at curbing opportunistic takeovers/acquisitions of Indian companies due to Covid-19 pandemic.
Workers hit by the Covid-19 crisis in Bangladesh should also be given cash transfers, apart from the food aid that the government is currently providing.
Amid a cash crunch due to Covid-19, states have been forced to borrow at a rate at least 1.3 percentage points higher than the rate at which RBI lends to banks.
RBI Governor Shaktikanta Das talked about how the economic landscape of the country has deteriorated due to the pandemic but remarked that there is still hope. Read his full speech here.
RBI governor Shaktikanta Das says with inflation falling, there is more policy space available to address growth and financial stability amid Covid-19 concerns.
Navy looking at about 26 multi-role deck-based fighters for its aircraft carrier. Visit by Super Hornets comes close on heels of similar trip by competitor Rafale M of Dassault Aviation.
That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.