Delhi

India: Moody's slashes India GDP growth in 2020 to 2.5 pc

New Delhi, Mar 27 (PTI) Moody's Investors Service on Friday slashed its estimate of India's GDP growth during 2020 calendar year to 2.5 per cent, from an earlier estimate of 5.3 per cent and said the coronavirus pandemic will cause unprecedented shock to the global economy.

The estimate for 2020 compares to 5 per cent economic growth in 2019.

India: Sachin Tendulkar donates Rs 50 lakh to fight COVID-19

New Delhi, Mar 27 (PTI) Batting maestro Sachin Tendulkar on Friday donated Rs 50 lakh to fight the COVID-19 pandemic, which has so far claimed 17 Indian lives and wreaked havoc globally.

Tendulkar's donation is so far the biggest contribution among India's leading sportspersons, some of whom have pledged their salaries while a few others have donated medical equipment to fight the dreaded outbreak, which has caused more than 24,000 deaths globally.

India: Muslim clerics urge people to offer prayers from home

New Delhi, Mar 27 (PTI) The Muslim clerics have appealed to people to pray at home and practice social distancing in view of the coronavirus pandemic.

Shahi Imams of the two biggest mosques in Delhi -- Jama Masjid and Fatehpuri Masjid -- said the people are gradually coming to grips with the alarming situation.

India: EMIs put on hold, big-bang interest rate cut as RBI joins fight against coronavirus

Mumbai, Mar 27 (PTI) The RBI on Friday put on hold EMI payments on all term loans for three months and cut interest rate by steepest in more than 11 years as it joined the government effort to rescue a slowing economy that has now got caught in coronavirus whirlwind.

India: HC directs MEA to ensure safety of 300 Indian students stranded in Kazakhstan

New Delhi, Mar 25 (PTI) The Delhi High Court Wednesday directed the Ministry of External Affairs (MEA) to ensure welfare and safety of around 300 Indian students stranded at Almaty Airport in Kazakhstan for the past 2-3 days without food and medical aid due to coronavirus pandemic.

A bench of justices Siddharth Mridul and Talwant Singh, which conducted the hearing through video conferencing, asked the authorities to expeditiously provide the students basic amenities and assistance with regard to food, medical care, lodging and transportation.

Indian Govt bans export of anti-malarial drug hydroxycloroquine

New Delhi, Mar 25 (PTI) Amid coronavirus outbreak, the government on Wednesday banned export of anti-malarial drug hydroxycloroquine with immediate effect to ensure sufficient availability of the medicine in the domestic market.

Indian Council of Medical Research (ICMR) Director General Balram Bhargava had on Monday recommended the use of hydroxychloroquine for treating healthcare workers handling suspected or confirmed coronavirus cases and also the asymptomatic household contacts of the lab-confirmed cases.

India: NPR, first phase of Census postponed

New Delhi, Mar 25 (PTI) The updating of the National Population Register (NPR) and the first phase of the Census 2021 have been postponed due to the 21-day lockdown announced by Prime Minister Narendra Modi, officials said on Wednesday.

Both the exercises were supposed to be carried out from April 1 to September 30.

Philippines, India refuse to receive deportees from Kuwait

24 Mar 2020; MEMO: The Philippines and India have refused to receive 340 of their nationals who were convicted of violations and were instructed to be expelled from Kuwait. The two countries insist on obtaining health certificates for each of the nationals confirming that they are free of the coronavirus.

India: SC asks states, UTs to consider releasing prisoners to decongest jails

New Delhi, Mar 23 (PTI) The Supreme Court Monday directed all states and Union Territories to constitute high-level committees to consider releasing on parole or interim bail prisoners and undertrials for offences entailing up to 7-year jail term to decongest prisons in the wake of coronavirus pandemic.

The top court said overcrowding of prisons is a matter of serious concern, particularly in the present context of coronavirus (COVID 19).

India: Experts urge India Inc to avoid layoffs, pay cuts for faster recovery

New Delhi, Mar 24 (PTI) With the coronavirus pandemic threatening a sharp economic slowdown, experts are suggesting companies to adopt a humane approach in rationalising their expenses without going for across-the-board pay cuts or freezing of hikes to ensure a faster recovery from the slump.

Subscribe to Delhi