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    Global Finance Watchdog Seeks To Ease Some Coronavirus Curbs; No Libor Delay

    Global financial regulators said on Thursday they are in talks with governments to allow key staff at financial firms to work on site during the coronavirus epidemic to keep markets open. The Financial Stability Board (FSB) also said an end-of-2021 deadline for stopping the use of Libor benchmarks in financial contracts remained a priority. There has been speculation...

    • 6 hrs ago
  • News

    Delhi Govt Writes To Police Commissioner, Seeks Adequate Deployment Of Cops At Hospitals, Quarantine Centres

    The Delhi government has written to Police Commissioner SN Shrivastava, seeking deployment of the adequate police force at hospitals and quarantine centres. "It is to bring to your notice that in a massive exercise held from 30/3/2020 to 1/4/2020, around 2346 people congregated inside Alami Markaz Banglewali Masjid, Nizamuddin,...

    • 6 hrs ago
  • News

    Modi Govt Has Taken Steps For Support To Farmers, Rural Population During Lockdown: Agriculture Minister

    Agriculture and Rural Development Minister Narendra Singh Tomar on Thursday said that the central government has initiated several steps, including early payment of PM-KISAN instalment and additional funds to states under MGNREGA, in an effort to provide relief to farmers and rural poor during the COVID-19 lockdown. Speaking to ANI, the...

    • 6 hrs ago
  • News

    MG Motor Announces Affordable Ventilator Challenge To Fight COVID-19

    MG Motor India on Thursday started the hunt for a quick-to-produce ventilator design to serve the patients affected by COVID-19. Post evaluation by a team of medical experts, the best ventilator design concept will receive a grant of Rs 10 lakh from the company. The carmaker will also provide production support for the proposed ventilator prototype at its Halol manufacturing...

    • 6 hrs ago
  • News

    Oyo Founder Ritesh Agarwal To Forego 100% Of His Annual Salary

    With travel, hospitality and tourism sectors among the worst affected by COVID-19, Oyo's Founder and Group CEO Ritesh Agarwal on Thursday decided to forego 100 per cent of his salary for rest of the year. The company's entire executive leadership team has taken a voluntary pay cut starting at 25 per cent, with many opting for an additional uncapped amount and some going up...

    • 6 hrs ago
  • News

    With 328 New COVID-19 Cases, Total Climbs To 1,965 In India

    As many as 328 new coronavirus cases and 12 deaths have been reported since Wednesday, the Centre said on Thursday. A total of 1,965 cases have been reported in the country so far. "328 new cases of COVID-19 and 12 deaths have been reported since Wednesday, thus taking the total number of confirmed cases to 1,965 and the number of deaths to 50 in the country," Lav Aggarwal,...

    • 6 hrs ago
  • News

    Form Task Force For Reviving Economy Hit By Coronavirus: CWC

    Asking the Central government to immediately form an economic task force consisting of world-renowned economists to suggest plans to protect and revive the economy, the Congress Working Committee (CWC) on Thursday said that Rs 5-6 lakh crore will be needed for immediate measures to deal with the impact of coronavirus and the resources can be largely found in the Central and the State...

    • 6 hrs ago
  • News

    First COVID-19 Patient Discharged From Kashmir Region

    The first novel coronavirus patient from Kashmir region has fully recovered and is discharged from the hospital, Rohit Kansal, Principal Secretary (Planning) of the Union Territory administration said on Thursday. The total COVID-19 positive cases in Jammu and Kashmir stand at 70. While five new positive cases were reported from the Jammu division, three were confirmed from the Kashmir...

    • 6 hrs ago
  • News

    Veoneer And Volvo Cars To Split Zenuity Software Joint Venture

    Geely-owned Volvo Cars and auto tech supplier Veoneer will split their jointly owned software venture Zenuity as the Swedish carmaker focuses on developing autonomous driving software, the companies said on Thursday. Volvo and Veoneer said last year they were conducting a strategic review of Zenuity, which develops software for advanced driver assistance systems (ADAS) and autonomous...

    • 7 hrs ago
  • News

    Amazon To Deploy Masks And Temperature Checks For Workers By Next Week

    Amazon.com Inc plans to roll out temperature checks and face masks for staff at all its U.S. and European warehouses plus Whole Foods stores by early next week, a huge deployment for workers on the front lines of the coronavirus outbreak. The company, which has reported virus cases among warehouse staff and faced several demonstrations, said it would start testing hundreds...

    • 7 hrs ago

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