CONTAINING THE ECONOMIC FALLOUT
RBI announced more measures to revive an ailing economy hit by the Covid-19 pandemic
Rules relaxed for states to borrow more from the Consolidated Sinking Fund -- a buffer fund maintained by states
Will release an additional crore for states to repay their borrowings
FOR EXPORTS AND IMPORTS
nnnMaximum period of loans sanctioned by banks to exporters increased from 1 year to 15 months Line of credit of ₹15,000 crore to EXIM Bank to facilitate and promote foreign trade Time to make import payments extended
NEWDELHI: The number of coronavirus disease (Covid-19) cases in the national capital rose by 660 between Thursday and Friday, the biggest single-day spike in the tally, according to figures released by the government.
Delhi’s tally on Friday crossed 12,000. The city-state also recorded 14 deaths, taking the toll over the 200 mark to 208, according to the daily health bulletin released by the Delhi government.
For the last four days, over 500 cases have been recorded in the daily health bulletin.
Officials and experts have said easing of the lockdown restrictions, resumption of long distance air and rail travel services, and the movement of hundreds of thousands of migrants are likely to lead to a spurt in infections.
Rescue workers look for survivors at the site of the plane crash in Karachi on Friday. >>P9 n