-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...

-The Indian Express The extended lockdown across the manufacturing and services sectors, the resultant job losses along with the wave of salary cuts are projected to start impacting the repayment capacity of retail borrowers. Mumbai/ New Delhi: The possibility of loan defaults spilling over from the corporate sector to the retail segment, a key growth area for lenders in recent years, has been flagged as a growing concern by bankers at a...

-PTI/ TheWire.in Pinarayi Vijayan said 46 nurses from Kerala working in Mumbai have contracted the deadly virus and more than 150 nurses are under observation there. Thiruvananthapuram: The Kerala government on Monday requested Prime Minister Narendra Modi to look into reports of nurses from the state getting infected with COVID-19 in Delhi and Maharashtra allegedly due to lack of Personal Protection Equipment (PPE). Chief minister Pinarayi Vijayan has written a letter to Modi...

-The Indian Express Amid the lockdown, Vaishali, whose parents are construction workers, has been living out of a half-built construction site in Tilak Nagar. Mumbai: A couple of days ago, a teary-eyed Vaishali, a student of class VI at Maharashtra Aikyavardhak Mandal in Tilak Nagar, called her school teacher Sangita Patil. Amid the lockdown, Vaishali, whose parents are construction workers, has been living out of a half-built construction site in Tilak Nagar. “She...

-The Indian Express/ PTI They are distributing packets containing food grains and other essential items to residents of different localities and urging citizens to strictly follow the lockdown and not venture out of their homes. Mumbai: In a move aimed at curbing the spread of coronavirus, some city-based NGOs and political leaders have started free distribution of essential items to people, particularly those residing in slum pockets. They are distributing packets containing food...