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India may need 3 fiscal boosters to avoid a Covid catastrophe

On what kind of expenditures that GoI must undertake, there is a plethora of advice.


02 April, 2020, 05:34 AM IST



IOC declares force majeure on oil purchases from Saudi, UAE, Iraq, Kuwait

IOC has reduced processing at its refineries by at least one-fourth as shutting down of businesses, suspension of flights and most vehicles staying off road due to the 21-day nationwide lockdown has led to drastic fall in demand. Sources said IOC has asked the four suppliers to defer some of the volumes they were to deliver in April.

Abu Dhabi postpones Dhafra solar plant final bids announcement: WAM

The decision was taken in light of rules barring large group meetings due...

65-year-old Covid-19 patient dies in Mumbai

The man recently returned from the United Arab Emirates to Ahmedabad. He later complained of feve...

  • The first COVID-19 death has been reported from Kerala, in Kochi, said a State Minister on Saturday. State Agriculture Minister V.S. Sunilku...

    Almost half of the patients who tested positive for Covid-19 in Maharashtra are in the 31-50 age group, shows an analysis of the first 122 patients prepared by the state department of medical education on Thursday.

    Maharashtra Deputy Chief Minister Ajit Pawar on Tuesday said that the police “have been given a free hand to deal with the situation”. The Maharashtra government had on Monday night issued a five-page notification which said that “no suit or legal proceedings shall lie against any person for anything done or intended to be done in good faith under these regulations”.

    "We will be taking two additional cargoes of Arab mix...we have got a mix of Arab light and Arab medium," BPCL's head of refineries R. Ramachandran told Reuters.

    65-year-old COVID-19 patient dies in Maharashtra. The deceased with other health issues had a travel history to UAE. Details by TIMES NOW's ...

    The Montreal-based carrier, Air Canada is laying off about 3,600 employees, plus 1,549 flight attendants at its low-cost subsidiary Rouge, according to Wesley Lesosky, head of the Air Canada component of the Canadian Union of Public Employees.

    On average, Opec pumped 27.84 million barrels per day (bpd) last month.

    The Persian Gulf city of Dubai, which is home to the world's busiest airport for international travel, relies heavily on tourism and aviation.

    Infrastructure company Larsen & Toubro (L&T) on Tuesday said its construction arm has bagged a large contract from Etihad Rail Company PJSC to design and build freight handling facilities at seven strategic locations across the UAE.

    Global oil prices have fallen around 40% in March as the impact of coronavirus pandemic has destroyed demand.

    President Hassan Rouhani went on to acknowledge that may take "one, two or three weeks" to get control of the virus in Iran, linked to most of the over 160 confirmed cases of the virus now spread across the Mideast. That comes after the top official in charge of Iran's response to the coronavirus tested positive for the illness after a day earlier trying to downplay the disease.

    The Ministry of Health and Prevention said in a statement that 13 out of 15 new cases in the UAE recently arrived from abroad. They were diagnosed through early monitoring and reporting systems implemented in the country and are three Emiratis, two individuals from Saudi Arabia, Ethiopia and Iran as well as a person each from Thailand, Morocco, China, and India, the statement said.

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