current affairs

Due to this outbreak there are many disparities in the economy of India. Impact of lockdown on banks We know that the entire economy is disturbed , the entire economy is going through struggle because of this nationwide lockdown. The banking system of India and the entire banking system has been in trouble due to the covid-19 and because of the worldwide economic slowdown. This results in build up of Non- Performing Assets (NPA). Disruption caused to business operations and supply chain during the lockdown period will take time to repair. Even though in this lockdown Reserve Bank of India (RBI) is continuously monitoring and concerned towards normalizing the situation for which Reserve Bank of India (RBI)   has injected fresh liquidity into the banking system and given banks leeway to deal with potential stress in loan accounts. Even though Reserve Bank of India (RBI) has reduced Repo Rate in an unusual   monetary policy committee review meeting. Also the Counte

Indian Ambassador In the US, Taranjit Singh Sandhu Said India and the USA as a global strategic partners are prepared to face this public health crisis together. Indian pharmaceutical companies are leading among the manufacturer's of Generic medicines which are affordable Low cost medicines as compare to another countries. whic will play an important role  in fighting against corona virus globally that has affected over 2.5 million of peoples around the globe, India's top diplomat has said. Ambassador Taranjit Singh Saandhu also said that as a strategic partners, India and US are prepared to face this public health crisis together. India, is one of the largest manufacturer of anti-malaria drug hydroxychloroquine,and there's increase in demand of these medicine globally Whereas India is continuously increase there production to three folds in order to full fll the demand and help other countries in fighting against this covid19 pademic. and both the authorities