Companies with more than Rs 10,000 crore of debt would seek refinancing.
"Workers and businesses are facing catastrophe, in both developed and developing economies. We have to move fast, decisively, and together. The right, urgent, measures, could make the difference between survival and collapse," ILO Director-General Guy Ryder said on Tuesday. Worldwide, two billion people work in the informal sector (mostly in emerging and developing economies) and are particularly at risk, the report said, adding that the COVID-19 crisis is already affecting tens of millions of informal workers. "In India, Nigeria and Brazil, the number of workers in the informal economy affected by the lockdown and other containment measures is substantial," ILO said.
Describing it as 'a very powerful order' Trump told reporters during his daily news briefing at the White House on Wednesday that he signed the order to protect American workers' jobs in an economy pummelled by the COVID-19 pandemic.
In another round of economic booster, Sitharaman announced steps to help homebuyers and push exports.
The western world had largely considered India to be a production hub, and also, a good potential geography for clinical trials, and a big market. But in Covid-19 research, Indian companies and government researchers are also researching new drug candidates and potential vaccines, says Prosenjit Datta.
'Allocate some parts of one's surplus income towards cryptocurrencies, considering the immense growth potential of this emerging asset class.'
Beyond the barbed wire and watchtowers, though, lies a story that casts more than a little doubt on whether this dream will ever be realised. Praveen Swami reports.
There is growing alarm at the inexorable rise of China, both of its military prowess and its aggressive bullying of other countries plus its subjugation of whole portions of its own population.
US President Barack Obama said there is natural convergence between India and the United States.
As the pandemic spreads and the urgency for effective treatment of COVID-19 mounts, several countries, including the US, have started relying heavily on HCQ, majorly used in the treatment of malaria and rheumatoid-arthritis.
The scheme, which was earlier implemented by the coal companies, has been extended for the current fiscal also.
The commitment by Japan to invest $35 billion or 3.5 trillion YEN is for infrastructure sector over five years.
'Online teaching requires a new set of skills to be acquired by the teacher.' 'These skills are not like foot sizes or height which can't be improved, but are like muscles which can be developed with some practice.'
Meet Gerry Martin, the first Indian to be selected as a National Geographic Adventurer.
Following is the full text of Congress vice-president Rahul Gandhi's speech at FICCI's 86th annual general meeting on Saturday:
'It is a sad day when social activists, environmental campaigners, anti-corruption workers are singled out as anti-nationals and then criminalised.'
Contract finally given for Rs 2,400-cr project, with GIFT City-like features
NRIs must be given business priority in India.
The new organism -- Solibacillus kalamii -- was found on the filters of the International Space Station.
News of all that's transpired on and off the football field
Modi government must fix policy paralysis.
Aditya Aluminium project ready but clearances still stuck for mine
The G20 has cited India among other countries for launch of major investment initiatives and for having a sustainable growth.
'It may be prudent not to plunge into a new online tax appeals system in one go, which could only create more disputes and increase the embarrassingly high tax arrears of the government,' warns A K Bhattacharya.
'Silencing citizens has become a major institutional process under this regime.' 'The anti-Indian argument is a bogey -- meant to silence independent thinking people in India and turn us into goats and sheep.'
Employees asked to work from home... cancelled travel plans... curtailed meetings... Caution and precaution dominate Corporate India's response to Covid-19.
The government also wants to ensure that content meant for radicalising youths, from outfits like Islamic State, doesn't find circulation in India.
It's a relief for inter-faith or inter-caste couples who often face threat to their lives due to their relationship
The prime minister will be visiting an education city, aimed at providing education to under-privileged children living in the area
An official statement said that the successful execution of arrested landing will pave the way for this indigenous platform to undertake Aircraft Carrier landing demonstration onboard the Indian Naval Aircraft Carrier, Vikramaditya.
The Natural History Museum's annual competition and exhibition, Wildlife Photographer of the Year has been the longest-running and most prestigious nature and wildlife photography competition that has been recognising the world's best nature photography every year since 1965.
Indian students, who are living and studying away from home, tell us how they are dealing with the COVID-19 crisis and what they discovered on their journey back home.
According to sources, government officials have asked industry bodies and manufacturers to submit key concerns and requirements to begin manufacturing activity.
Modi placed a $12.6 billion bet in this year's budget on road building
'We are going ahead with the trials assuming what we have is the vaccine.' 'There is also a chance that what you have is not the vaccine. Then, you have to go back to the drawing board again.' 'So far, there has been no success in developing a good vaccine against coronaviruses.' 'That's why there are hundreds of trials going on at different stages in different parts of the world.'
The Indian business community wants to see a strong stable government with a willingness to reform, break down the shackles of the past which is holding India back.
The apex court had last month handed over the case to CBI and asked the state governments to provide all logistical help to the CBI team probing the matter.
The Tamil Nadu government had, on May 28, ordered the state pollution control board to seal and "permanently" close the mining group's copper plant following violent protests over pollution concerns.
While they have restructured loans, there is still question mark over the success of such a work-out
For next fiscal, the minority stake sale target has been kept at Rs 36,000 crore.
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