India extends world’s biggest lockdown as coronavirus cases cross 10,000

India extends world's biggest lockdown as coronavirus cases cross 10,000

By Administrator_India Capital Sands India extended on Tuesday a nationwide lockdown for its 1.3 billion people until May 3 as its prime minister warned of economic sacrifices to save lives as the number of coronavirus cases crossed 10,000. Sharp downward revisions to economic growth forecasts in the wake of the pandemic point toward sickening levels […]

IMF to provide debt relief to help 25 countries deal with pandemic

By Administrator_India Capital Sands The International Monetary Fund said on Monday it would provide immediate debt relief to 25 member countries under its Catastrophe Containment and Relief Trust (CCRT) to allow them to focus more financial resources on fighting the coronavirus pandemic. IMF Managing Director Kristalina Georgieva said the fund’s executive board approved on Monday […]