Even when a vaccine does come, there’s going to be a wait before it’s available globally, former Indian central banker Raghuram Rajan told an online conference last week organized by DBS Group Holdings Ltd.
The coronavirus outbreak is accelerating a push to digitize India’s food-rationing system, allowing citizens to receive entitlements anywhere in the country -- boosting labor mobility and the country’s economic recovery.
Gold extended its record-breaking rally, with futures touching $2,000 an ounce for the first time ever, and silver surged as a plunge in the dollar and the fallout from the coronavirus pandemic boost demand for havens.
The work of such so-called Immediate Response Teams offers a look at how South Korea -- once the second worst hit by the coronavirus -- has succeeded in largely quelling its spread without the lockdowns
The rift centered around a February 2018 circular issued by the RBI, which forced banks to immediately classify borrowers as defaulters when they delayed repayments, and which barred defaulting company founders from trying to