Multilateral institution Asian Development Bank (ADB) on Monday declared a USD 100 million investment for the Indian infrastructure sector through the National Investment and Infrastructure Fund’s (NIIF).
The investment declaration comes at a crucial time for India, whose economic growth is weakening due to the COVID-19.
ICICI Bank has released the banking services on WhatsApp which will allow the banks’ retail customers to undertake a slew of banking demands from their home amid lockdown.
Customers have to send ‘Hi’ from their registered mobile number to the Bank’s verified profile number in order to initialize instantly.
Chief Minister of Nagaland, Neiphiu Rio has started the Self Declaration COVID19 Nagaland App which will be obligatory for everyone who has come into Nagaland after 6th March 2020.
The app is vital for tracking and surveillance of high-risk cases and can be downloaded from the following website “nagalandhealthproject.org.”
Thomas Schaefer, Finance Minister of Hesse (Germany) has committed suicide possibly after becoming “deeply worried” over how to cope with the economic fallout from the COVID-19.
Mr. Schaefer, 54, was found deceased near a railway track on 28th March.
“Boom and Bust 2020:Tracking the Global Plant Pipeline” 47.4 GW coal-fired power projects at different stages were removed in India in 2019 which lessened total under development coal capacity to 66 GW.
The report is the fifth annual survey of the coal plant pipeline.
The Chief of the International Monetary Fund said it is clear that the global economy has now entered a slowdown that could be as bad or worse than the 2009 downturn.
IMF Managing Director Kristalina Georgieva said the 189-nation lending agency was projecting a recovery in 2021.