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
Jet Airways to now allow just 1 check-in bag on domestic flights
If you are travelling with Jet Airways after July 15, you will only be allowed to carry one check-in baggage with you as the airline has revised the guidelines to
Air New Zealand appoints Nikhil Ravishankar as next Chief Executive Officer
Air New Zealand has today announced the appointment of Nikhil Ravishankar as its next Chief Executive Officer, succeeding Greg Foran who steps down in October after almost six years leading
Ethiopian to launch Cargo Services to Ahmedabad- Fifth Cargo Gateway to India
Ethiopian Airlines, the largest cargo operator in Africa, is delighted to announce the addition of Ahmedabad, a fifth cargo gateway to India, to its global cargo network as of March
