India can expect V-shaped recovery post COVID-19: Former RBI gov Subbarao : Bulletin: Business Today
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India can expect V-shaped recovery post COVID-19: Former RBI gov Subbarao

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BusinessToday.In | May 11, 2020

National Technology Day: PM Modi pays tribute to coronavirus researchers, hails 1998 Pokhran nuclear tests
Prime Minister Narendra Modi on Monday took to social media to pay tribute to researchers and innovators on National Technology Day. He also hailed the Pokhran nuclear tests that were conducted on this day in 1998 when Atal Bihari Vajpayee was the prime minister. PM Modi paid tribute to the "exceptional achievement of our scientists" on this day in 1998. The Prime Minister called it a landmark moment in India's history.

Indian Railways to start passenger services from May 12
The Ministry of Railways, on Sunday, announced that it will start operations of 15 passenger trains (30 return journeys) from May 12. All these trains will run from New Delhi railway station. The fares will be equivalent to the ticket fare that is charged for Rajdhani trains. Online booking will start on May 11 at 4 pm.

India can expect V-shaped recovery post coronavirus crisis: Dr Duvvuri Subbarao
Dr Duvvuri Subbarao, former governor of the Reserve Bank of India (RBI) and a veteran economist, says India can expect to see a V-shaped economic recovery post coronavirus crisis. This should allay concerns that the economic recovery post coronavirus would be an arduous task considering the economy was not in the best of health just before the pandemic hit.
WHO rubbishes allegations of pressure from China to withhold information
The World Health Organisation has dismissed as false, allegations of a media report that it withheld information about the new coronavirus following pressure from China. The UN agency said in a statement late Saturday that a German magazine's report about a telephone conversation between WHO chief Tedros Adhanom Ghebreyesus and Chinese President Xi Jinping on January 21 was unfounded and untrue
Former PM Manmohan Singh admitted to AIIMS after chest pain
Former Prime Minister Manmohan Singh has been reportedly admitted to All India Institute of Medical Sciences (AIIMS) in Delhi after he complained of chest pain. Singh is under observation at the cardio-thoracic ward. AIIMS sources say Singh was admitted at around 9 after complaining of some cardiac issue. In the past, Singh has had a few cardiac bypass surgeries.

Reliance Jio introduces new annual work-from-home plan, some add-on plans, get all details
India is in the middle of a 3rd lockdown, and it is safe to say that remote work culture has now become a norm for many. Reliance Jio has brought in a new annual work-from-home plan as the uncertainty of the nationwide lockdown still looms over. The telco already has an annual plan of Rs 2121 in place.
The current plan it is offering comes at Rs 2399. Other than this long-term plan Reliance has also introduced some data-specific add-on packs for users only looking for data

Wuhan reports first coronavirus cluster since lifting of lockdown
Wuhan, the original epicentre of the new coronavirus outbreak in China, reported on Monday its first cluster of infections since a lockdown on the central Chinese city was lifted a month ago, stoking concerns of a wider resurgence of the disease. The new infections add a layer of caution to efforts to lower coronavirus-related restrictions across China as businesses restart and individuals go back to work. Wuhan reported five new confirmed cases, all of whom live in the same residential compound.

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