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130 new coronavirus cases in India, highest in a single day

In India, the Covid-19 count crossed 1000 mark on Sunday, with the states reporting 130 new cases which are the highest for a single day so far. This is the first time Delhi’s single-day Covis-19 tally has crossed into the double digits. It is a worrying sign, the authorities said.  Also See: Telangana will end...

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Rumours, the 21-day Lockdown extension is baseless

A report which claims that the government was debating extending the lockdown, alarmed over the infection risk posed by the mass exodus of the migrants trying to reach home, desperate for food and shelter. Meanwhile, there are few rumors and media reports which say that the government will extend the 21-day Lockdown when it expires....

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Don’t let your workers go away, Shri Piyush Goyal tells the industry and trade associations!

Don’t let your workers go away, Shri Piyush Goyal tells the industry and trade associations! The Minister of Railways and Commerce & Industry Shri Piyush Goyal has told the industry and trade associations to take care of their employees and workers in this hour of crisis and distress. Talking to representatives from various manufacturing, industry...

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DGM Shipping Issues Advisory on non-charging of container detention charges on imports

DGM Shipping Issues Advisory on non-charging of container detention charges on imports! As per the order of the Directorate General of Shipping, Mumbai Advisory has been issued on non-charging of container detention charges on import shipments As per the order of the Where., the Ministry of Home Affairs, Government of India has issued order No...

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Chandigarh Administration changes relaxation timing in Curfew from 11 am to 3 pm!

Chandigarh Administration changes relaxation timing in Curfew from 11 am to 3 pm. As per the order No. DMiMAI2020/7293 dated 23-03-2020 in the exercise of powers conferred under Section 144 Cr. PC was imposed in the District till further orders for the containment and prevention of the spread of COVID 19. The order says that...

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RBI cuts the repo rate by 75 bps to fight coronavirus

The Reserve Bank of India on Friday has lowered the key Repo Rate by 75 basis points (bps) to 4.4 percent, to help the citizens due to economic slowdown in the wake of the coronavirus outbreak. The reverse repo rate now stands at 4 percent, down 90 bps.   Repo rate is the rate at which...

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The global economy has entered into the recession – IMF Chief

The coronavirus pandemic has taken the global economy into a downturn that will require massive funding to help developing nations, IMF chief Kristalina Georgieva said Friday. “It is clear that we have entered a recession” that is worse than in 2009 following the global financial crisis, she said in an online press briefing. With the...

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Himachal Curfew now to be relaxed for three hours daily!

Himachal Curfew now to be relaxed for three hours daily! To ensure that the people could purchase the essential commodities, the state government had yesterday decided to give six hours relaxation in curfew by maintaining proper social distancing, but it was felt that the people are misusing this relaxation and coming out un-necessarily thereby defeating...