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An Expert Explains: Cyber frauds trying new ways, it’s important to secure data, accounts -RK Vij

-The Indian Express A few people are attempting novel ways of defrauding innocents using information and technology. Money is being siphoned off using fake accounts and exploiting vulnerabilities of various applications. The COVID-19 outbreak presents a global challenge not just for the medical fraternity and society, but for law enforcement agencies also. Cyber crime, like a pandemic, knows no state borders. A few people are attempting novel ways of defrauding innocents using...

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100 million Indians fall through gaps in food safety net, economists urge rethink on Covid-19 relief

-Scroll.in The Central government is using outdated population figures to determine grain allocations to states under the food security law.   Millions of Indians live on the verge of hunger even in normal times. Now, with the coronavirus epidemic sweeping the world and India declaring a five week-long economic lockdown to contain it, hunger threatens an even larger population which has no income to buy food. As pART of its economic central government has...

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Lockdown extended: But where are the big bang fiscal stimulus measures? -Radhika Merwin

-The Hindu Business Line In a bid to curb the spread of Covid-19, Prime Minister Narendra Modi extended the ongoing lockdown till May 3. While the move was imperative to save lives, taking stock of the massive impact of the extended lockdown on jobs and livelihoods is equally critical. More importantly, the Centre will have to announce big bang fiscal measures soon, to address the fallout of the virus-induced lockdown that...

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Banks red-flag looming retail loan default, push for 6-month moratorium -George Mathew & Anil Sasi

-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...

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Coronavirus deepens struggles for migrant workers in Gulf countries

-The Indian Express A large number of migrants in the Persian Gulf come from India, Bangladesh, Nepal, Pakistan, and the Philippines. The loss of income will not just affect the workers but will also echo across continents in their home countries, which receive billions of dollars in remittances every year. New Delhi: As multiple countries across the globe try to grapple with the lockdown imposed due to coronavirus pandemic, migrants in the...

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