Red Tape Slows Rs 90,000 Crore Lifeline To Power Distributors: Report

[ad_1] Power Finance Corporation and REC disbursed a combined Rs 11,200 crore as of Tuesday. Two months after India announced a Rs 90,000 crore ($12 billion) loan program to aid power distributors punished by the pandemic, only a fraction has been utilized as many state applications have yet to meet the lending requirements, according to […]

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Lung radiation shows promise for Covid-19 pneumonia; smoking raises risks

[ad_1] Lung radiation may hasten Covid-19 pneumonia recovery A low dose of radiation to the lungs of Covid-19 pneumonia patients can help them recover more quickly, a small study suggests. Doctors at Emory University in Atlanta treated 10 such patients with lung radiation and compared them to 10 patients of similar ages who received usual […]

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‘Unprecedented shock’: Covid-19 pandemic could cause Canada’s federal deficit to increase tenfold

[ad_1] Canada’s projected deficit for the year has multiplied 10 times and net debt could reach $ 1.2 trillion due to the economic impact of the Covid-19 pandemic. These figures were among those detailed by Canadian finance minister Bill Morneau while presenting a fiscal update in the wake of what he described as, “an unprecedented […]

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UK’s Sunak focuses on jobs with $2.5 billion for young workers

[ad_1] Chancellor of the Exchequer Rishi Sunak is set to unveil a 2 billion-pound ($2.5 billion) program to pay the wages of more than 200,000 young workers as he tries to pull the UK economy out of the deepest slump in centuries. It will be the centerpiece of the government’s three-point plan to protect, support […]

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IITBHF Announces Grant to Provide Laptops to Needy IIT Bombay Students

[ad_1] IIT Bombay Heritage Foundation on Friday announced a grant of Rs. 2.35 crores to IIT Bombay in order to fulfill the needs of students in wake of the COVID-19 pandemic. Chairman of IIT Bombay Heritage Foundation, Raj Mashruwala, confirmed that the fund will be used to purchase 500 laptop computers and broadband support for […]

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