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This $500-bn cushion is Indian economy's only saving grace

The level of reserves is enough to cover 13 months of imports and is equivalent to a fifth of the country’s GDP.


03 July, 2020, 09:23 PM IST



BJP set to begin virtual rallies in Bihar from next week

Putting all its might behind digital campaigning, BJP is set to begin its virtual rallies for Bihar elections from the next week. The assembly polls in the state are expected to take place later this year.

Rouse Avenue District Court prepares staff for video meet

These prominent cases, allegedly also involving former finance minister P Chidambar...

  • During the lockdown, the Chief Minister said the food processing industry should be allowed to function to ensure that farmers are not put to losses and that there was no difficulty in essential commodities supply, an official release quoted him as saying.

    Besides reviewing how state Congress units have been undertaking voluntary services during the lockdown, the meeting may also discuss the ways to campaign for more measures from the government, including increased help for the vulnerable sections and large-scale rapid tests, to tackle the outbreak.

    Indians can soon go vocal on a local version of Zoom. In line with the push towards greater self-reliance, the Centre for Development of Telematics (C-DoT) is developing a secure videoconferencing platform for use by the government and the courts.

    The PM’s conferencing with CMs, Saarc contemporaries, sportspersons and heads of embassies and high-commissions too were done using NIC’s video-conference service. It has a permanent setup at the PM’s residence and office and over 1,800 studios across the country including state and district capitals and union territories.

    Digital was the medium of choice at several institutes to finalise the candidates. While IIM-Ahmedabad, IIM-Bangalore and IIM-Raipur had managed to complete their admission process before the lockdown, others like Lucknow, Calcutta, Kozhikode, Indore, Sambalpur and Jammu had to partly resort to the virtual route to zero in on the candidates.

    “Gaming traffic has increased by 50% in the last few weeks, with doubling of traffic in video streaming and collaborative work apps like Skype, Teams and Zoom,” said Ivo Ivanov, CEO of DE-CIX International, which runs an internet exchange in Mumbai.

    With the young discovering old ways to connect, Covid-19 outbreak has turned some assumptions about tech and the demographics of the Internet on its head.

    The Indian Railways, which runs 13,523 trains daily, has suspended all passenger services till April 14 and its rakes are lying idle. Sources said the proposal to offer the empty coaches and cabins to be used as ICUs was discussed in a meeting of Railway Minister with Railway Board chairman, general managers of all zones and divisional railway managers over videoconferencing.

    You will be surprised to know how your home internet can handle the strain.

    As no-touch is the mantra of Covid-19 times, virtual festivity is the solution.

    “The DFFT policy for year 2020-21 is undergoing an overhaul considering the emphasis on integrated training and capacity building functions of the entire government,” the Department of Personnel and Training (DoPT) wrote to cadre-controlling authorities on January 10.

    As many as 201 houses were demolished with the help of owners and the target was achieved within 15 days, said District Magistrate Ajay Shankar Pandey.

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