RBI Reaches out to Cash-Strapped TS, AP

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RBI Reaches out to Cash-Strapped TS, AP Follow us on: RNI No. APENG/2018/764698 @TheDailyPioneer facebook.com/dailypioneer Established 1864 Published From ANALYSIS 7 MONEY 8 SPORTS 12 VIJAYAWADA DELHI LUCKNOW BHOPAL NOT MAKING A SONG ANOTHER RS 34,000 CRORE SMITH WANTS TO WIN TEST RAIPUR CHANDIGARH BHUBANESWAR AND DANCE... COMPENSATION TO STATES SOON SERIES IN INDIA RANCHI DEHRADUN HYDERABAD *Late City Vol. 2 Issue 178 HYDERABAD, THURSDAY APRIL 9, 2020; PAGES 12 `3 *Air Surcharge Extra if Applicable BUNNY AND SUKU GO PAN-INDIA WITH PUSHPA { Page 11 } www.dailypioneer.com MISS ENGLAND BHASHA MUKHERJEE IITs TO HOLD SPL PLACEMENT DRIVES FOR INDIGO SUSPENDS INTERNATIONAL BRAZIL PREZ REFERENCES RAMAYANA, RETURNS TO WORK AS DOCTOR IN UK AFFECTED BY CANCELLED JOB OFFERS FLIGHTS TILL APRIL 30 URGES INDIA TO RELEASE KEY DRUG iss England 2019 Bhasha Mukherjee has returned to the UK to resume he Indian Institutes of Technology (IITs) will hold special placement mid the nationwide lockdown implemented to contain the spread of razil, the latest country to urge India to open the export of a key drug Mher medical practise in the wake of the coronavirus Tdrives for those students whose job offers got cancelled amid the Anovel coronavirus in India, budget carrier IndiGo said on Wednesday it is Bthat is being tested as a cure for coronavirus, has referred to Hindu epic pandemic. Mukherjee, a doctor by profession who spent her coronavirus outbreak, Union HRD Minister Ramesh Pokhriyal ‘Nishank' said suspending its international flights till April 30. Air India has already Ramayana while making its request.Over 30 countries, led by the US, have childhood in Kolkata, was crowned Miss England in August on Wednesday. "I have also asked all IIT directors to hold special suspended domestic and international flights till April 30. "Our International been urging India to release anti-malarial drug hydroxy-chloroquine in the 2019 and since then she has been travelling for humanitarian placement drives for the students affected by cancelled job operations are temporary suspended till April 30, 2020. Your money is safe fight against coronavirus or COVID-19. Brazil President Jair Bolsonaro, in a work. In December, she represented England at the Miss World offers. The students to whom the jobs were offered during the in the form of a credit shell, valid for one year from the date of the letter to Prime Minister Narendra Modi, wrote," Just as Lord 2019 pageant. But she has now decided to temporarily step back placement drive are among the country's brightest minds and issuance," IndiGo said in a tweet on Wednesday. India has Hanuman brought the holy medicine from the Himalayas to from humanitarian activities as she returned to the UK to can help recruiters in times of crisis," he said. "I have imposed a 21-day lockdown, which is supposed to end on save the life of Lord Rama's brother Lakshmana, and Jesus continue her work as a doctor. "It wasn't a tough decision. appealed to all campus recruiters not to withdraw jobs April 14, to curb the coronavirus pandemic. Consequently, healed those who were sick and restored the sight to Bartimeu, I've been to Africa, Turkey, and India was the first of the offered to graduating students of technical education all domestic and international commercial passenger flights India and Brazil will overcome this global crisis by joining Asian countries I was going to travel to. institutions," he added. have been suspended for this time period. forces and sharing blessings for the sake of all peoples." SC asks pvt labs GOING NOWHERE to conduct corona RBI reaches out to test for free PNS n NEW DELHI cash-strapped TS, AP The Supreme Court on Wednesday ordered all coro- L VENKAT RAM REDDY navirus infection patients to n HYDERABAD be tested free of cost. A bench comprising The Reserve Bank of India Justices Ashok Bhushan and has, in its own way, reached out S. Ravindra Bhat said, "The to the cash-strapped state gov- tests relating to COVID-19, ernments of Telangana and whether in Andhra Pradesh. The RBI has approved gov- allowed TS and AP govern- ernment labo- ments to borrow 50 per cent of ratories or the total open market borrow- approved pri- ings (OMB) ceiling for this fis- vate laborato- cal (2020-21) in the first month ries, shall be free itself (April). of cost. The respondents The RBI has fixed ceiling of Rs (Union of India) shall issue 15,051 crore OMB for Telangana The RBI has fixed ceiling of Rs 15,051 crore necessary direction in this and Rs 15,153 crore for AP for OMB for Telangana and Rs 15,153 crore for AP regard immediately." this fiscal, of which TS and AP The apex court order came can borrow 50 per cent in April for this fiscal, of which TS and AP can borrow on a petition filed by advocate to meet their expenses. 50 per cent in April to meet their expenses. Shashank Deo Sudhi chal- The RBI has relaxed borrow- lenging the Indian Council of ing norms to help the states tide Medical Research (ICMR) over their financial crisis on months of this fiscal (2020-21), cent of the net borrowing ceil- advisory to fix maximum Rs account of the outbreak of against the usual 12-month ing fixed by the RBI in the first 4,500 for corona test by pri- Covid-19. It has allowed states duration. And, even in these month of this fiscal (April) vate entities. to cumulatively borrow from nine months, the states have itself, if situation demands. 2 Gacchibawli and surrounding areas, which throb with intense activity on normal days, looks forlorn on Wednesday due to the Covid-19-induced lockdown. the open market in the first nine been allowed to borrow 50 per 2 Bus pass holders lose a All pending I-T refunds Situation akin to ‘social emergency’, month without travel to be released PNS n HYDERABAD was observed. Each RTC warrants tough decisions: PM Modi depot has set aside five buses PNS n NEW DELHI RTC city bus pass holders, for operation in case of an PNS n NEW DELHI other policy measures to boost including those with student emergency. In a measure that is expect- the country's capability in the passes, have urged the state According to conservative ed to provide relief to the tax- The situation in the country is SUPPORT A POOR FAMILY TO battle against the pandemic, government to extend the estimates, the total number of payers amid the outbreak of akin to a "social emergency" the statement said. Suggestions validity of their passes by 25 bus pass holders in the deadly coronavirus (COVID- and it has necessitated tough SHOW ME YOUR RESPECT: PM were also given by the leaders ‘Modi great’, days, considering the peri- state is 8 lakh, includ- 19), the government decisions, Prime Minister rime Minister Modi has urged that if you really have so much on extending the lockdown, od they have lost on ing 3.5 lakh in on Wednesday Narendra Modi told political PIndians with economic love and want to honour Modi, and on a "phased exit" after the says Trump account of the nation- GHMC limits. decided to leaders on the COVID-19 out- means to financially support one then take the responsibility of a lockdown ended. n wide lockdown Commuters have to release all pend- break as he asserted that his poor family till the coronavirus poor family, at least as long as The leaders provided feed- PNS NEW DELHI imposed to check the shell down Rs 890 ing income tax government's priority is to outbreak continues. "It has been the corona virus crisis is there. back, suggested policy mea- spread of coronavirus. for an ordinary bus refunds up to Rs 5 "save each and every life". brought to my attention that There can be no greater honour sures, discussed the 21-day Hours after warning India of By April 14, these bus pass, Rs 990 for lakh immediately. Interacting with floor lead- some people are campaigning to for me than this." This is not the lockdown and the way forward, "retaliation" if it did not agree pass holders would have lost express service, Rs 1,500 In a press note released by ers of opposition and other honour Modi by standing for 5 first time he urged people to according to the statement. to export hydroxychloro- 25 days as RTC buses have for Metro Deluxe and Rs 2,000 the finance ministry, the parties in Parliament via video minutes. At first glance, it seems help the needy and deprived in They thanked the prime quine, an anti-malarial drug remained off the roads since for AC bus services. There are government said that the conferencing on Wednesday, like a scandal to drag Modi into this hour of crisis. India is amid minister for the meeting, believed effective in treat- March 22. The RTC has con- different kinds of student bus move will benefit as many as Modi said, "We must continue dispute," PM tweeted. Then he a 21-day shutdown to contain appreciated the timely mea- ment of the novel coron- fined its buses to the depots passes too. 14 lakh taxpayers. to remain vigilant." went on to add, "Maybe it is the spread of Coronavirus. sures taken by him and said avirus, US President Donald since the day Janata Curfew 2 2 "The situation in the coun- someone's goodwill, yet I insist that the "entire country is Trump called Prime Minister try is akin to a social emer- standing united behind him Narendra Modi "great" and gency...it has necessitated during the crisis", the state- "really good".
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