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Coronavirus Outbreak updates: COVID-19 count in Delhi reaches 1,893; No decision yet on starting domestic, international flights, says Hardeep Singh Puri
Fp Staff •Coronavirus Outbreak updates:Civil Aviation Minister Hardeep Singh Puri on Saturday said airlines are advised to open bookings only after the government takes a decision on starting domestic and international commercial passenger flight services.'The Ministry of Civil Aviation clarifies that so far no decision has been taken to open domestic or international operations,' he wrote on Twitter.
Coronavirus Outbreak LIVE Updates: With 118 new COVID-19 cases today, tally in Maharashtra crosses 3,000-mark; toll rises to 194
Fp Staff •Coronavirus Outbreak LIVE Updates: The Union health ministry said that about 63,000 personal protective equipment (PPE) kits which arrived from China recently did not fulfill the criteria.
RBI measures to boost liquidity, incentivise banks to lend more to revive economy: Nirmala Sitharaman
•In order to increase credit to farmers, MSMEs and housing sector, RBI announced a special refinance facility totalling Rs 50,000 crore for NABARD, SIDBI and the National Housing Bank, she said.
RBI Governor Press Conference: Shaktikanta Das announces relief measures for liquidity in system, to ease financial stress
Fp Staff •Stating that the RBI is monitoring the situation developing out of Covid-19 outbreak, he noted that the contraction in exports in March at 34.6 percent was much more severe than global financial crisis of 2008-09.
Govt's boost to real estate disappointing, says CREDAI; key demands such as tax rebate yet to be addressed
•CREDAI's national chairman Jaxay Shah said the fund created for completing the stalled real estate projects will have limited impact.
DHFL seeks Rs 15,000-cr lifeline from banks for on-lending to retail customers, project customers
•DHFL has seen a rash of rating downgrades in June after it defaulted on Rs 1,150 crore to its bond-holders due on 4 June.
NHB's move to ban subvention scheme 'impulsive', must be withdrawn: Realtors' body CREDAI
•The National Housing Bank's (NHB) decision to ban lending by housing finance companies under subvention scheme was "impulsive" and should be rolled back to boost sales, realtors' body CREDAI Chairman Jaxay Shah said here on Wednesday
Proposed Rs 70,000-cr capital infusion into public sector banks credit positive, to boost economy: S&P
•The capital infusion will help some banks to come out of the central bank's prompt corrective action (PCA) and resume lending and clean up their balance sheets, she added.
NBFC Sector Budget 2019: Govt to provide one-time partial credit guarantee to PSBs to buy financially sound NBFC assets
•The NBFCs are playing an important role in sustaining consumption demand as well as capital formation in small and medium industrial segment, she said in her maiden Budget Speech in Parliament.
National Housing Bank's new norms to structurally strengthen home finance firms: Report
•In the revised guidelines, the National Housing Bank has asked HFCs to increase the core capital adequacy to 10 percent from 6 percent