The Week That Was…
We bring to you top 5 developments from the world of politics and business that happened in the Country in the Week Gone by:
1. Within a week, PM Narendra Modi addressed the nation on Tuesday (24th March). He announced 21-days countrywide lockdown to prevent spread of Coronavirus. Modi also announced Rs 15,000 crore to fight COVID-19.
2. On 27th March (Friday) Finance Minister Nirmala Sitharaman announces Rs 1.7 lakh crore relief package for poor.
3. Mar 27, 2020 (Friday), RBI annouced measures for the industry hit hard by the Coronavirus Pandemic. The central bank announced 75 basis point cut in Repo rate. It allowed banks, NBFCs to put a 3 month moratorium on term loans. RBI is ensuring enough liquidity in the market post lockdown.
4. Indian Railways, currently not operating any passenger trains due to the lockdown, will convert its train coaches into quarantine wards, preparing for future.
5.The weekend saw mass exodus of labourers, who losing livelihoods to the lockdown, took to the roads to go from cities to their far-off homes in different states, threatening the whole purpose of the lockdown.
You might also like
‘Restaurant India Awards’ confer Momo Café at Courtyard by Marriott Bengaluru
Momo Café at Courtyard by Marriott emerged as the winner ofthe ‘Best 24 Hours Dining Restaurant in South India’ at the recently concluded, Restaurant India Awards 2016, organized by Franchise
Co-living startup COVIE to start with 3000+ beds in Pune, Bangalore, and Mumbai
The only player in India catering to all 3 forms of co-living for students, professionals, and senior citizens Swapnali Bhosale Kadam and Abhishek Kumar two experienced real estate Entrepreneurs have launched COVIE, a new
Renaissance New York Midtown Hotel set to open
Renaissance Hotels is planning to open New York City’s first digitally enhanced hotel in the heart of the garment district in the spring of 2016. Designed by award-winning Jeffrey Beers
