Coronavirus or Covid-19 is an infectious disease caused by the SARS-CoV-2 virus. It is a viral disease that turned into a pandemic in early 2020. The first known case was recorded in Wuhan, China, in December 2019. Coronavirus has multiple variants such as Delta and Omicron, and its most common symptoms are fever, chills and sore throat.
The virus spreads through liquid particles when the infected person coughs, sneezes or breathes – it has a high multiplication rate. Therefore, the world had taken measures to quarantine or isolate those infected. While the disease can be mild and recoverable, those older or with underlying medical conditions are more likely to be adversely affected. The disease caused according to WHO estimates 3 million deaths in 2020.
The present NPAs of bank need to be targeted and recovery made.
There will be more defaulters after Covid_19 or those taking excuse of Covid_19.
I pray for wealth of common investor.
India was overdrawing from its aquifers before Covid 19 arrived. ONGC will now be making cash losses, due to the fall in oil and gas prices. Sunken cheeks for the banks and NBFCs. Dr Rajan must have weighed his words carefully before using the phrase ratings downgrade. No matter how tough the situation, we cannot afford to be reckless. Hard to quantify, but we have also depleted a lot of global capital by social / political behaviour, exacerbated in the second term. 2. As far as the medical response is concerned, doctors and nurses are testing positive, partly because they have been deprived of PPEs. The Wockhardt hospital in Bombay has been declared a containment facility. A deadly battle is being waged in the Dharavi slum. There is no harm in lighting a candle, but it does give a hollow feeling, makes us wonder if that is all that is on offer.
each country depending on the requirement of fiscal revenue/expenses/gdp -nearly 10% of gdp can be rised as a debt to the govt by the central bank of that nation-monitored in a perfect way making the money reach the lowest income person level to survive for the period and making the sectors get over safely to run–without causing inflation/deflation–uno to think over.