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UNGA adopts resolution calling for global solidarity against COVID-19

The United Nations General Assembly has unanimously adopted a resolution on COVID-19, calling for intensified international cooperation to defeat the pandemic. Co-sponsored by 188 nations including India, the resolution titled Global solidarity to fight the coronavirus disease 2019 (COVID-19) is first…

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World Bank Fast-Tracks $1 Billion COVID-19 (Coronavirus) Support for India

The World Bank’s Board of Executive Directors today approved a fast-track $1 billion India COVID-19 Emergency Response and Health Systems Preparedness Project to help India prevent, detect, and respond to the COVID-19 pandemic and strengthen its public health preparedness. This is the largest…

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ICMR Approves Rapid Antibody Test For Speedy Detection Of Covid 19 In Hotspots

In order to ensure speedy detection of coronavirus cases, those residing in COVID-19 hotspots or areas which have reported large numbers of cases may have to undergo a rapid antibody blood test for the viral infection. The Indian Council of Medical Research (ICMR) in…

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Union Agriculture Minister launches new features of e-NAM platform

The Union Minister of Agriculture & Farmers’ Welfare, Rural Development and Panchayati Raj launched new features of National Agriculture Market (e-NAM) Platform   to strengthen agriculture marketing by farmers which will reduce their need to physically come to  wholesale mandis  for selling  their…

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RBI allows 3-month moratorium on EMIs, cuts repo rate by 75 basis points

The RBI’s Monetary Policy Committee(MPC) has voted in favour of an interest rate cut to the tune of 75 basis points, which brings the repo rate down to 4.4 per cent from 5.15 per cent. The reverse repo rate has also been reduced by…