Day: June 24, 2020

IMF downgrades outlook for global economy in face of virus

WASHINGTON — The International Monetary Fund has sharply lowered its forecast for global growth this year because it envisions far more severe economic damage from the coronavirus than it did just two months ago. The IMF predicts that the global economy will shrink 4.9% this year, significantly worse […]

Scarce medical oxygen worldwide leaves many gasping for life

CONAKRY, Guinea — Guinea’s best hope for coronavirus patients lies inside a neglected yellow shed on the grounds of its main hospital: an oxygen plant that has never been turned on. The plant was part of a hospital renovation funded by international donors responding to the Ebola crisis […]

Migrant workers need support, jobs at home after pandemic disruption – ILO

GENEVA – The U.N. labour agency appealed to governments on Wednesday to support tens of millions of migrant workers forced to return to their homelands due to the coronavirus pandemic only to face unemployment and poverty. Governments should include returning workers, many of whom had lost jobs overnight, […]

India calls in army to run facilities in Delhi as cases surge

NEW DELHI – India reported 16,000 new coronavirus cases on Wednesday, its highest daily increase since the outbreak began, and the government called in the army to manage new treatment centres with thousands of additional hospital beds in New Delhi. At more than 456,000 confirmed coronavirus cases so […]

Union Minister Dr Jitendra Singh inaugurates Devika and Puneja Bridges in Udhampur & Doda Districts

Bridge projects will usher in a new era of development for the region: Dr. Jitendra Singh open view news desk NEW DELHI, JUNE 24: Union Minister of State (Independent Charge) Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances & Pensions, Atomic Energy and Space, Dr […]

Historic decisions taken by Cabinet to boost infrastructure across sectors

Rs 15000 crore Animal Husbandry Infrastructure Development Fund set-up Kushinagar Airport declared as an ‘International Airport’ – will boost tourism & provide impetus to economic development in the region Additional investment for further development of Shwe oil & gas project in Myanmar approved – will assist strengthening of […]

CCI approves acquisition of 9.99% stake in Jio Platforms by Jaadhu Holdings LLC

open view news desk NEW DELHI, JUNE 24: The Competition Commission of India (CCI) approves acquisition of 9.99% stake in Jio Platforms by Jaadhu Holdings LLC. The proposed combination envisages acquisition of approximately 9.99% stake inJio Platforms Limited (Jio Platforms)by Jaadhu Holdings LLC (Jaadhu). Jaadhu is an indirect […]

North Korea: Kim suspended military retaliation against South

Seoul, Jun 24 :  North Korea on Wednesday said leader Kim Jong Un suspended a planned military retaliation against South Korea, possibly slowing the pressure campaign it has waged against its rival amid stalled nuclear negotiations with the Trump administration. Last week, the North had declared relations with […]

All cooperative banks to come under RBI supervision

New Delhi, Jun 24 : The government on Wednesday said that all urban cooperative banks and multi-state cooperative banks will come under the supervision of the Reserve Bank of India, a development aimed at providing comfort to depositors and prevent repeat of PMC Bank like scams. The President of […]

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