India reports daily rise of 326098 in coronavirus infections

India reports daily rise of 326098 in coronavirus infections
Minakshamma, 68, receives a dose of COVISHIELD, a coronavirus disease (COVID-19) vaccine manufactured by Serum Institute of India, at a vaccination centre in Bengaluru, May 13, 2021. REUTERS/Samuel RajkumarIndia reported a smaller rise in daily coronavirus infections on Saturday, but deaths stayed near the 4,000 mark, with the World Health Organisation warning that the second… Read More

India cenbank relief measures to only delay stress for financial institutions

India cenbank relief measures to only delay stress for financial institutions
Relief measures announced by India's central bank last week to help lenders and borrowers during the new devastating wave of COVID-19 infections will only delay the stress for financial institutions, Fitch Ratings said on Monday.The Reserve Bank of India (RBI) rolled out last Wednesday a slew of measures including a loan restructuring scheme to help… Read More