RBI hints at further cut in interest rate to counter corona risks

New Delhi (IANS) The Reserve Bank of India has hinted at further cuts in interest rates to maintain adequate liquidity in the system and counter the intensification of risks to growth and financial stability brought on by COVID-19.

Announcing…

Oil companies to report big losses as lockdown shrinks sales

New Delhi (IANS) State-owned oil marketing companies (OMCs) including Indian Oil, BPCL, HPCL may see significant erosion in the earnings during the January-March quarter of FY20 even though low crude and product prices jacked up their margins on the…

Govt taking measures to ramp up drug production: Official

New Delhi (IANS) The Central government is pro-actively working to speed up the production of essential medicines to avoid any drug crisis-like situation during the nationwide lockdown owing to the Coronavirus (COVID-19) pandemic that has claimed…

Corona cases now over 20 lakh, Spain reports biggest jump

New York (IANS) The number of Covid-19 cases crossed 20 lakh globally on Wednesday, with the US topping the chart with 610,774 cases and more than 26,000 deaths, according to the Center for Systems Science and Engineering (CSSE) at the Johns Hopkins…

Bengal to give a week's leave to docs after working for 7 days

Kolkata (IANS) The West Bengal government has decided to give seven days' leave to doctors, nurses and health workers after working for a week, in order to give proper rest to these personnel in the front line of the battle against COVID-19 disease.

Rupee hits new record low of 76.82/$

Mumbai (IANS) The Indian currency continued to tumble on Thursday as it touched a fresh all-time low of 76.82 per dollar.

Currently, rupee is trading around 76.72 per dollar, weaker by 0.36 per cent from its previous close.

According…

China may have conducted low level nuclear tests: US

Washington (IANS) In a statement that could fuel US-Chinese tensions, the US State Department has said in a report that China may have secretly conducted low-level underground nuclear tests despite claiming to observe an international pact banning…

Disagree with PM, but this is no time for blame game: Rahul

New Delhi (IANS) Former Congress chief Rahul Gandhi on Thursday said that this is not the time to fight with the government but give constructive suggestions in the fight against coronavirus.

While he said he differed with the Prime Minister,…

Maoist groups using lockdown to regain strength

New Delhi (IANS) Maoists groups have been using the nationwide lockdown to regain strength as a large group of the rebels have entered south Bastar from Andhra Pradesh, Telangana, Maharashtra, Jharkhand, Odisha, West Bengal and Nepal, security sources…

PDS shops to be soon made accessible for all: Hemant

Ranchi: Jharkhand Chief Minister Hemant Soren said that the present government will not allow the people of the state to sleep empty stomach as part of which the PDS system will be soon made accessible to all so that the needy can get food.

The…