Coronavirus In India HIGHLIGHTS: Delhi Records Highest Single-Day Jump With 660 Fresh Covid-19 Cases In 24 Hours
Coronavirus In India HIGHLIGHTS:
RBI Governor Shaktikanta Das while delivering his third live address today announced a cut in policy repo rate by 40 basis points. Providing a major relief to borrowers amid Covid-19 crisis, government has extended the moratorium in loan repayment till August 31. Group exposure limit for lenders to corporates has been raised to 30% from 25%, said Das. India yet again witnessed a record spike in its Coronavirus tally on Friday. With highest ever jump of 6608 new cases in 24 hours, the total number of infections touched 1,18,447, along with 3,583 deaths.
Get all HIGHLIGHTS on Coronavirus in India and around the world below
Background
Coronavirus In India HIGHLIGHTS: Announcing a slew of relief measures, RBI Governor Shaktikanta Das delivered his third live address amid coronavirus lockdown on Friday. In a relief to borrowers , the government has announced an extension in moratorium for loan repayment till August 31.
In a bid to bring India's economy on track, restrictions of lockdown are gradually being eased across the country. Indian Railways which is already running 20 speacial trains and Sharmik trains, has announced that 200 non AC passenger trains will run from June 1 and booking for the same has been initiated. Similarly, domestic flights will resume on May 25 with new set of guidelines and protocols.
The total number of Coronavirus cases in India has escalated beyond 1 lakh mark. It witnessed highest ever jump in its Covid-19 tally with 6088 new Coronavirus cases, taking India's total to 1,18,447 on Friday the Union Health Ministry stated.
It comes as a worrsiome figure as India eases its lockdown rules across the country as fresh guidlines were issues by the Ministry of Home Afafirs extending the lockdown till May 31st with eased curbs. According to the Ministry, there are 66,330 active cases, 48,533 people have been cured and 3,583 have died so far.
Top Headlines
