Yunus, was speaking on June 6, Saturday, at a webinar organised by Sa-Dhan, the platform for Indian MFIs

According to the protocol, a symptomatic COVID-19 patient with severe pneumonia with a respiratory rate of 30 breath per minute and Spo2 level of less than 90 per cent should be considered for shifting to an ICU

The global fight against health and economic crises highlights the need for big government spending and better redistribution to protect people, not less

Bajaj said, \"I am not seeing a smooth, concerted, rhythmic move towards unlocking of the supply chain\"

The package is completely aligned to self-professed agenda of the IMF of limiting fiscal spending, relying on liquidity and credit to households, privatising government-run companies and more deregulations for private enterprises. This agenda has brought immense grief to a large number of countries to be comforting

The cash transfer of Rs 1,000 per person each month is expected to make a big difference as it would help the common man to pay for all the emergency needs, Banerjee said

The 1929 and 2007-08 financial crises have amply demonstrated how unbridled growth of liquidity and household credit caused havoc in people's lives and economies. Pushing for more of the same at the time of massive loss of jobs and incomes is not such a good idea

Gross treatment to migrants comes along with massive job loss, historically low wage rates, little job or social security and subsistence level existence of millions of Indian workers. This is hardly an ideal situation to recover or rebuild the economy

India's total count of confirmed COVID-19 cases jumped to 74,281 on Wednesday, a day after Prime Minister Narendra Modi's Rs 20 lakh crore special economic package for the country; Government, corporates as well as the social sector joining hands is the need of the hour to help the economy bounce back, said Nobel laureate Dr Esther Duflo (MIT Professor); Twitter Inc on Tuesday became the first major tech company to allow employees who can work remotely to do so indefinitely, as the coronavirus outbreak forces unprecedented changes in work culture across the world. Watch this and more news on News Blast.Also Read: Coronavirus update: scientists decode mechanisms, symptoms, diagnosis of COVID-19

India's total cases near 75,000 a day after PM Modi's economic boosterIndia's total count of confirmed COVID-19 cases jumped to 74,281 on Wednesday, a day after Prime Minister Narendra Modi's Rs 20 lakh crore special economic package for the country.Prime Minister Narendra Modi in his nationwide address on Tuesday announced a special economic package of Rs 20 lakh crore to help revive economic activity and make India self-reliant in the view of COVID-19 pandemic. PM Modi in his sp...

Duflo said that it is the responsibility of the government as well as corporates to ensure that people don't get into the ultra poor bracket, from where it becomes difficult for them to get out

India needs to address massive job losses; strengthen public healthcare for COVID-19 and beyond; develop institutional mechanisms and leadership to respond to emergencies; devolve decision-making and funding to states, local bodies and scale up public spending to infuse life into the economy, all of which call for structural changes

Social media giant Facebook on Wednesday announced a 20-member Oversight Board, which is also being dubbed as the \"Supreme Court\" of the platform. The board will significant decisions about the content on Facebook.

Nobel laureate Abhijit Banerjee, while speaking with Congress leader Rahul Gandhi  said that direct cash transfer is the only way to benefit not only the poor, but also those who have been severely affected by the long spell of lockdown. Banerjee said that Aadhaar portability could work wonders for migrants, by giving access to food grains through the Public Distribution System (PDS). The economist also advised government to bring in a temporary ration system for those in need and suspend all other ration cards temporarily. \"The migrant problem cannot alone be handled by the state governments and the centre needs to manage this\", he added. Watch the video for more.Also Read: 93% employees fear health risks on returning to office: Survey

In the post-industrial democratic era, they have benefited immensely from the public provisioning of health and education that produces quality labour, infrastructure, natural resources, tax incentives, loan write offs (NPAs), bailouts, stimulus packages, and much more. Yet increasingly they use tax havens, shell companies and other tools to evade and avoid paying back

After former RBI governor Raguram Rajan, Rahul Gandhi on Tuesday engaged in a conversation with economist and Nobel laureate Abhijit Banerjee to discuss the economic measures India could take to help those suffering due to the pandemic and the lockdown. Abhijit Banerjee said that direct cash transfer was the only way to benefit not only the poor, but also those who had been severely affected by the long spell of lockdown. He said the government needed a mechanism with which the Centre would transfer the money to the state governments to reach the poor. \"We need a large stimulus package like the US. India has announced a package that is about to 1% of its GDP and US has announced a package of 10% of its GDP\", he added. Watch the video for more.Also Read: How RBI's intervention in overseas currency derivatives market will impact rupee

Amazon VP Tim Bray quits, calls company 'chickenshit' for firing workersTim Bray, a senior software engineer at Amazon, has stepped down from office citing the company's decision to fire protesting employees who called out its labour practices. In an open letter titled 'Bye, Amazon' on his website, he declared that May 1 was his last day as the Vice President and distinguished engineer at Amazon Web Services after five years and five months. Calling his stint at Amazon rewarding f...

Banerjee advocates for handing out ration cards to everybody to fulfill food demand and create more space for upcoming wheat and rice crop storage in the government facilities

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Corona lockdown 3.0 live updates: COVID-19 cases in Maharashtra crossed the 15,000-mark with 841 new cases in 24 hours. Mumbai alone has almost 10,000 coronavirus cases. National capital Delhi has 5,104 cases