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LATEST NEWS UPDATES | Explained: How reverse repo rate became benchmark interest rate in the economy -Udit Misra

LATEST NEWS UPDATES

Explained: How reverse repo rate became benchmark interest rate in the economy -Udit Misra


April 20, 2020

-The Indian Express Like most other central banks in the world, the Reserve Bank of India, too, has tried to cut interest rates to boost the economy. New Delhi: The Indian economy’s slowdown during 2018 and 2019 is becoming much worse in 2020 with the spread of...

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How China dominates tech investments in India -Palak Shah
April 19, 2020

-The Hindu Business Line The Centre's decision to impose restrictions on investments coming in from neighbouring countries especially China could have an impact on the start up segment. Chinese investors have already cornered major stake in 18 out of India’s top 30 Unicorns. A recent report by foreign...

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Coronavirus: PM-CARES donations cut from government staff salaries -Priscilla Jebaraj, Vijaita Singh & Manojit Saha
April 19, 2020

-The Hindu Circulars were sent to all departments. Employees from a number of government departments and agencies have donated a day’s salary toward the PM-CARES fund. While the donations, meant for COVID-19 relief, were said to be “voluntary”, government circulars show that the deductions were made directly from...

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Epidemics change the course of nations and transform societies. Here are four lessons from history -Dinyar Patel
April 19, 2020

-Scroll.in The past is no recipe for the future – but it can suggest what to expect. Epidemics, much like wars or natural disasters, profoundly influence the course of history. Consider a few examples. Smallpox, malaria, and influenza decimated indigenous Americans after European contact in the 16th...

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India must enhance fiscal support for COVID-19 relief and rebuilding -Jonathan Coutinho and Amit Basole
April 18, 2020

-The Hindu The trend across developing countries is to give State governments as much discretion as possible India urgently needs to increase fiscal support for COVID-19 relief and rebuilding. Among comparable developing countries with similar Gross Domestic Product (GDP) per capita, India has spent the least as...

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