-The Hindu Business Line Gross non-performing assets of banks could rise to 11 to 11.5 per cent this fiscal CRISIL Research has stated that the current coronavirus pandemic could lead to a four per cent permanent loss to real Indian gross domestic product (GDP) and said that more fiscal stimulus will be required. Most economies across the globe are unlikely to see normal conditions until 2022 due to the current coronavirus pandemic and...
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Will COVID-19 Lockdowns Generate Public Support for Climate Change Mitigation? -Rama Mohana R. Turaga
-TheWire.in Many cities are experiencing a dip in pollution levels due to lockdowns. But this may not necessarily translate into support for mitigation policies. In the article published in The Wire Science on April 4, Siddarth Goel presented a good analysis of the initial impact, including the response of business and government, of the ongoing global pandemic on the environment, particularly climate change. The article ends with a note suggesting that heightened...
More »Massive 145% profiteering exposed in coronavirus rapid test kits sold to ICMR -Rajeev Dubey & Vivek Punj
-Businesstoday.in Dispute between importer and distributor unravels super profits; Delhi HC strikes down sale price by 33 per cent * The $3 per test SARS CoV-2 Antibody test kits are being imported from China's Wondfo * Its landed price, including air freight (Rs 20), to importer Matrix Labs is Rs 245 per test * ICMR placed an order to buy 5 lakh kits on March 27, 28 @Rs 600 (plus GST) per test * Importer...
More »Suggested resources to understand the COVID-19 crisis better
These days a lot many articles, reports, documents, etc. are appearing in the public domain on Coronavirus infection and related issues. An attempt has been made in the present news alert to put together in one place some of the best articles, reports, blogs, webinars, podcasts, etc., which can be useful for our readers. We have divided the resources under various themes for the convenience of our readers and social media...
More »Pandemic will deepen job and livelihood crisis of migrants: Study -Nagesh Prabhu
-The Hindu Lockdown has left about 42% with no ration and 33% were stuck in cities with no access to food, water, and money, shows Research done by IIPS, Mumbai Bengaluru: Migrant workers, who constitute about 50% of the urban population and many of whom are engaged in what are called “3D jobs” (dirty, dangerous and demeaning) are likely to face job and livelihood crisis owing to COVID-19 pandemic, according to findings...
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