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
IndiGo adds Allahabad as its 60th destination
Allahabad will be the fourth destination in Uttar Pradesh after Lucknow, Varanasi and Gorakhpur on IndiGo’s network. Budget passenger carrier IndiGo announced Allahabad as its 60th destination, said the airline
Thomas Cook India goes Local to target the strong leisure segment in smaller catchment markets
Witnessed business of Rs 60 Million from a unique Weekend Mega Holiday Sale across 5 key locations in Mumbai-Navi Mumbai, Thomas Cook India now set to target multiple cities. Thomas
Azaya Beach Resort appoints Vishal Khosla as General Manager
Saraf Hotel Enterprises announced the appointment of Mr. Vishal Khosla as the General Manager of Azaya Beach Resort, a contemporary lifestyle resort with 38 pool suites and 76 feature-packed rooms