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
Emirates reaffirms customer commitment with ramp up of refunds capability
Emirates has ramped up its capability to process refunds, reaffirming its commitment to customers and travel trade partners impacted by travel disruptions caused by the COVID-19 pandemic. With nearly half
Indiva Marketing to represent Frankfurt tourism in India
Frankfurt Tourism (TCF) appointed Indiva Marketing as the destination representative company for the City of Frankfurt am Main and Rhein-Main region. Indiva Marketing will be responsible for all communications, media
Radisson Hotel Group signs 350-keys Radisson Red Hotel in India
Radisson Hotel Group has recently signed on management rights for a new Radisson RED hotel at a marquee location in Noida. With 350 keys, positioned strategically adjoining Noida expressway, the
