Covid-19 crisis: Narendra Modi chairs meeting of council of ministers
NEW DELHI: The Council of Ministers met today to discuss the situation arising out of the second wave of COVID-19 in the country. The Council of Ministers meeting noted that the present pandemic crisis is ‘once in a century crisis’ and has thrown a big challenge for the world. Government of India’s Team India approach […]
Rajnath Singh holds second meeting to review efforts of MoD and Armed Forces to fight current COVID-19 crisis
NEW DELHI: India’s Defence Minister (Raksha Mantri) Rajnath Singh reviewed the efforts of the Ministry of Defence and the three Services to fight the current COVID-19 crisis through video conferencing on April 24, 2021. The meeting was attended by Chief of Defence Staff General Bipin Rawat, Chief of Naval Staff Admiral Karambir Singh, Chief of […]
Budget 2021-22 reactions from Real estate and infrastructure sectors
NEW DELHI: The Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman presented the Union Budget 2021-22 in Parliament today, which is the first budget of this new decade and also a digital one in the backdrop of unprecedented COVID-19 crisis. Laying a vision for AatmaNirbhar Bharat, she said this is an expression of 130 […]
Niti Aayog unveils ‘Vision 2035’ for public health surveillance
NEW DELHI:Amid Covid-19 crisis, the NITI Aayog on Monday released a white paper by the name of ‘Vision 2035: Public Health Surveillance in India with the vision’. Among many of its goals are to make India’s public health surveillance system more responsive and predictive to enhance preparedness for action at all level. The Citizen-friendly public […]
Airlines to lose $157 billion as COVID-19 crisis continues: IATA
NEW DELHI: The International Air Transport Association (IATA) 76th Annual General Meeting (AGM) unanimously approved a resolution re-confirming the airlines’ unwavering commitment to safely and sustainably re-connect the planet. The resolution called on governments to: Ensure the industry’s viability with continued financial and regulatory support, Aid the industry in reaching its 2050 goal of cutting […]
How real estate industry leaders react to RBI’s monetary policy
NEW DELHI:Today, maintaining status quo for the second time in a row, Reserve Bank of India (RBI) led by Governor Shaktikanta Das, has decided to keep benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance, implying more rate cuts in the future if the need arises to support the economy hit […]
JP Infra introduces unique home-buying program amid Covid-19 crisis
NEW DELHI: Mumbai-based real estate developers JP Infra Mumbai Private Limited has introduced JP Care, a unique home-buying program for its homebuyers amid the Covid-19 crisis. If a homebuyer buys a house with JP Infra during the ongoing lockdown period but unfortunately loses his job due to termination or lay-off, then the developer will be paying […]
Covid-19 crisis: SBI to disburse Rs 700 crore to MSMEs in Mumbai by June
NEW DELHI: State Bank of India (SBI), the country’s largest lender, has set a target of disbursing Rs 700 crore to MSMEs in the Mumbai circle by the end of June, to help them tide over liquidity crisis due to the Covid-19 lockdown. Among all banks, SBI controls a market share of 22 per cent […]
Finance Ministry releases Rs 17,287 crore to states to fight coronavirus pandemic
NEW DELHI: The Finance Ministry on Friday released Rs 17,287 crore to states to enhance their financial resources during the COVID-19 crisis. Of this amount, Rs 11,092 crore is towards State Disaster Response Mitigation Fund (SDRMF) to all states. An amount of Rs 6,195 crore has been released as ‘Post Devolution Revenue Deficit Grant’ to […]