The companies located in any country that shares a border with India will have to follow new Foreign Direct investment or FDI policy for neighbouring states. As per the Ministry, the government amends the extant FDI policy for curbing opportunistic takeovers/acquisitions of Indian companies due to the current COVID-19 pandemic. As per the notification: The … Read more
During this lockdown period, the part which is facing severe impact is the daily wage earners and the migrant workers. Cabinet Secretary writes to all states/UTs to ensure Safety, Shelter and Food security of Migrant Labourers. In this communication, Cabinet Secretary directs all District Collectors to immediately undertake a review of the situation. They may … Read more
In this pandemic we are facing Employment Issues, Employment is a source of income, where both employer and employee are connected towards the common goal. The employee receives the entitlement for the category of work undertaken by him. But in the present environment, where the world is at standstill due to the pandemic coronavirus to … Read more
RBI Governor Shaktikanta Das held his second Press conference during the lockdown and announces various measures to boost economy towards recovery. The announcement covers four major aspects that is easing of financial stress, enabling formal working of markets, facilitating and incentivising bank credit flows and lastly maintaining liquidity in the system. Key Highlights are as … Read more
The nationwide lockdown has been extended until 3rd May, 2020 to curb the transmission of COVID-19. The lockdown has been extended by having feedback from many states and individuals to prevent the creation of new coronavirus hotspots. Here the highlights from Prime Minister Narendra Modi’s address to the nation: Increased vigilance in the next one … Read more
Where the whole world is fighting and taking measures to overcome the pandemic Covid-19, here come the people who are making fake news, irrelevant agendas of religion through memes and social media posts. And circulating fake news like that of migrant workers which is the latest issue taken in the Supreme Court also. Are they … Read more
On 27.03.2020, The Reserve Bank of India Governor Shaktikanta Das responded with regards to the increasing coronavirus issue by making some major announcements to handle the economic crisis which are as follows: Cuts repo rate by a whopping 75 basis points to 4.4%, lowest ever. Repo rate is the rate at which the central bank … Read more
On 26.03.2020, Finance Minister Nirmala Sitharaman made announcements in a press conference to fight the economic stress due the COVID-19 virus which will be implemented immediately. These announcements are related to the fiscal package which include package to care of poor, workers and those who need help at this pandemic situation which are as follows: … Read more