Tag: Nationwide lockdown
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Is India well prepared or failing to handle the surge in covid cases?
India reported 95,735 new coronavirus cases, verging close to crossing the one lakh-mark in the number of daily cases. Up until now, no nation has crossed or even reached this mark. India has seen in the course of recent weeks, a consistent spike in the number of Covid-19 cases reported in a single day. Meanwhile, ... -
RBI report: surge in banking debts could defer India’s monetary recovery from pandemic’s aftermath
The Indian economy was already in awful shape, however, the flare-up of the pandemic has dived it further. The Reserve Bank of India’s committee report expressed that the pandemic “has impacted the best of businesses” and organizations that were generally better before the virus outbreak. Experts believe that banks might be more cautious about loan ...