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
Tourism New Zealand highlights the importance of Whānau through its new brand video
Tourism New Zealand’s “Messages from New Zealand” campaign was launched earlier this year sharing video messages of hope and care for their Indian travellers, presenting a unique Kiwi perspective about what is important to them. The
Cleartrip celebrates 11 years of offering the most seamless & comprehensive travel booking experience
Cleartrip recently celebrated its 11th anniversary, marking more than a decade of delivering seamless and cutting-edge travel solutions in the country and abroad. Offering convenience, choice without confusion, multiple payment options,
CCI fines Jet Airways, IndiGo, SpiceJet for unfair business practices
CCI says penalties have been imposed on the airlines for concerted action in fixing and revising fuel surcharge (FSC)—a component of freight charges. The Competition Commission of India (CCI) recently
