Current Affairs

Explained: RBI’s Regulatory Package on COVID-19 Decoded: Loan Moratorium to Liquidity Injection

RBI’s COVID-19 Regulatory Package: Reserve Bank of India (RBI) on March 27, 2020 announced a Regulatory Package on COVID-19 to tackle the impact of deadly Coronavirus on Indian Economy. From Repo Rate & CRR Cuts to 3-months moratorium on term loans, RBI Governor Shaktikanta Das announced several measures while addressing the media after the release …

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COVID-19: WHO launches Global Mega Trial with 4 promising drugs

World Health Organisation (WHO) in a mission to cure COVID-19 has begun the global mega trial of 4 most promising drugs. Named Solidarity, the trial will include the study and testing in order to develop an antidote of Coronavirus. Scientists all over the world recommended and tried to create an antidote with various forms of …

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With Coronavirus, ‘Nature is sending us a message’, says UN Environment Chief

UN’s Environment chief, Inger Andersen mentioned Coronavirus pandemic as a message to humanity from nature. According to the Danish environmentalist, the immediate response must be to prevent the virus from spreading but the long term response must include tackling the biodiversity loss and habitat. Inger Andersen in her interview clearly stated “We are intimately connected …

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Government restricts sale, export, distribution of Hydroxychloroquine

India has lifted the temporary ban imposed on the export of anti-malarial drug Hydroxychloroquine (HCQ) and paracetamol in appropriate quantities to neighbouring nations that are most affected by COVID-19 pandemic. Anurag Srivastava, MEA spokesperson said in a statement that India has decided to license the export of paracetamol and Hydroxychloroquine (HCQ) in appropriate quantities to …

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UK Prime Minister Boris Johnson tests positive for COVID-19

UK Prime Minister Boris Johnson tested positive for COVID-19 on March 27, 2020. The announcement was made by the Prime Minister himself through his twitter account. Boris Johnson tweeted a video in which he confirmed that he had developed mild symptoms. He had developed temperature and persistent cough over the last 24 hours, following which …

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RBI Measures to counter COVID-19 impact: Repo, CRR Cut, Banks, NBFC’s to offer 3 month Moratorium on Loans

The Reserve Bank of India (RBI) Governor Shaktikanta Das addressed the media on March 27, 2020 on the impact of COVID-19 on the Indian economy and announced certain measures to deal with the crisis. The RBI Governor noted that the current economic outlook is highly dependent on the duration, intensity and spread of Coronavirus. He …

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4 Asteroids including 1,280-foot one hurtling towards Earth: NASA

Four asteroids are headed towards Earth, as per NASA’s Center for Near-Earth Object Studies (CNEOS), which is currently monitoring the situation.  The four asteroids heading towards Earth include 2020 FV4, 2020 FP, 2012 XA133 and 2020 FV3.  One among the four asteroids is a 1,280-foot wide asteroid, which is reportedly even bigger than Paris’s Eiffel …

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