Africa and Coronavirus

Africa and Coronavirus

The current situation calls for extremely difficult choices by every nation across the world. The rapid spread of COVID-19 has unwrapped the fragility of our globalised system. Under such circumstances, the pressure on the debt-laden poor countries is all the way...
Coronavirus and the RBI: Steps taken

Coronavirus and the RBI: Steps taken

RBI is fighting the coronavirus seriously.”Amidst the coronavirus panic, the RBI today (27.03.20) decided to reduce the repo rate by 75 bps, i.e, from 5.15% to 4.4%. The reverse repo rate has been cut down by 90 bps and it now stands at 4%.”Source: Govt of...

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