Reserve Bank of India (File Photo/IANS)

RBI’s Monetary Policy Report forecasts global recession

Mumbai: Outlining a grim picture for the global economy amid the coronavirus crisis, the Reserve Bank of India’s (RBI) Monetary Policy Report says that the global economy may slump into recession in 2020. The report noted that the the coronavirus pandemic, lockdown and the expected contraction in global output will weigh heavily on the growth outlook. […]

Photo: Raveesh Kumar/Twitter

Times like these bring friends closer: Modi after Trump’s praise

New Delhi: “Times like these bring friends closer,” said Prime Minister Narendra Modi after US President Donald Trump thanked him for clearing the export of anti-malarial drug, hydroxychloroquine, to the US. The drug has been identified by the US Food and Drug Administration (FDA) as a potential treatment for the coronavirus and was touted repeatedly […]

Ministry of Health and Family Welfare's Joint Secretary Lav Agarwal (Photo: IndiaFightsCorona/Twitter)

India records 773 new corona cases, most in a day

New Delhi: India recorded 773 coronavirus positive cases and 32 deaths in the past twenty-four hours, according to the Union Health Ministry on Wednesday. India’s total count of corona positive cases stands at 5,194 with total deaths at 149. As many as 1.21 lakh tests have been conducted so far, the Ministry said, adding the country […]