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Digital transactions rise sharply, banks’ RTGS up 34% in March: RBI data -Aashish Aryan & Sunny Verma

-The Indian Express The usage of cash and other cash-based services, however, dipped during the period, the data showed. New Delhi: The month of March, in which the national lockdown began, saw a sharp rise in digital financial transactions countrywide, according to data accessed by The Indian Express. According to the latest Reserve Bank of India (RBI) data, the total value of Real Time Gross Settlement (RTGS) transactions — the biggest online payment...

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UN agencies flag online education pitfalls -Basant Kumar Mohanty

-The Telegraph Unesco and Unicef advisories carry a huge significance for India, where the lockdown has triggered efforts to promote online teaching from primary school to universities New Delhi: Two UN agencies have warned against any large-scale shift towards online education, saying it would deepen socio-economic inequalities and warning that virtual platforms can leave children vulnerable to sexual exploitation. The Unesco and Unicef advisories carry a huge significance for India, where the lockdown...

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How pooled testing works, when it helps -Abantika Ghosh

-The Indian Express Last week, the ICMR brought out an advisory on pooled testing, ideally in districts where incidence of COVID-19 is low. Faced with criticism about insufficient testing and the reality of limited resources, India has decided go for pooled testing in districts where no cases have been reported. This would on the one hand give data on whether these really are zero-case districts, and on the other, save resources. * What...

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Finance Minister stipulates time frame for banks to disburse loans; move comes as lenders turning risk averse -Manojit Saha

-The Hindu In a communication to State-run banks, the government said the move is aimed at ensuring credit flow for economic activities and the guidelines come into effect from Monday when the business activities resume. Mumbai: As business activities resumed on Monday after a nationwide lockdown, the Finance Ministry has swung into action to ensure credit flow to companies and prescribed a specific time frame for banks within which a loan needs...

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80% COVID-19 Cases In India Asymptomatic, Worrying: Top Scientist to NDTV -Parimal Kumar

-NDTV It is difficult to detect asymptomatic cases and they can be found out only after tracing the contacts of people who have beentested positive, the top scientist said, adding that testing everyone is almost impossible. New Delhi: 80 per cent of people with coronavirus in India are asymptomatic, or do not show symptoms of the infection, and this is matter of worry, a senior scientist at the country's top medical research...

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