Economic package: Banks to go all out in pushing MSME loans

EastEnders star has been getting close with her fellow co-stars, including Dragons Den star Sara Davies, Gordon Ramsay's daughter Tilly, and fellow actress Rose Ayling-Ellis, who made history last year as the show's first ever deaf contestant. Today (12 February) she shared a video of her spending time with CBBC TV presenter Rhys Stephenson in the dressing room before a show at London's 02 arena.

PHILADELPHIA - A man has lost his life after a shooting in Southwest Philadelphia. The shooting happened around 11:30 p.m. Friday on the 6000 block of Woodland Avenue. Police say the 29-year-old man was shot once in the left armpit inside a Nissan Altima.

CDC officials said."We began to hear how the guidelines were being misused and misapplied" said the CDC's Christopher Jones, a co-author of the draft guidance.The proposed changes, contained in a 229-page draft update in the Federal Register, would roll back some suggested limits on the drugs. Their publication opens a 60-day public comment period.

Protesters from the so-called “freedom convoy” in Ottawa have torn down a fence that had been put around the National War Memorial to protect it from further desecration.

According to TMZ, rapper Kodak Black was among those who were shot. The gunfire erupted outside The Nice Guy restaurant, hitting four men ages 60, 19, 20 and 22, LAPD Officer Lizeth Lomeli said. Their names were not released.When officers arrived on the scene, they located three people who had been shot.

as she shares a fresh update with fans. The update from Rylan comes on social media a day after he was rushed to hospital.

The number of coronavirus infections is continuing to plummet in all 10 boroughs in Greater Manchester, latest figures show.

Late Friday afternoon, a judge granted an injunction which prevents protesters from stopping the flow of traffic across the Ambassador Bridge. Sean O’Shea reports.

“Freedom Convoy” originally meant to protest COVID-19 vaccine mandates and quarantine rules for cross-border truck drivers has entered its 16th day on Saturday.Police in Windsor, Ont. say they’ve begun enforcement actions against protesters who blocked access to the Ambassador Bridge for days.They say they’ve told protesters at the scene to head home, and several have begun packing up tents.

COVID-19 today as virus-related hospitalizations continue to decline across the province.The Health Department says 2,143 people are in hospital with the disease, after 144 patients were admitted in the past 24 hours and 215 were discharged.#COVID19 – En date du 11 février, voici la situation au Québec: https://t.co/pwoUoaBgaF pic.twitter.com/aR2nlnEvXO— Santé Québec (@sante_qc) February 12, 2022It says the number of overall virus-related hospitalizations are down by 71.Officials say 153 patients are listed in intensive care, a drop of 11.The province is also reporting 2,359 new cases confirmed by molecular testing, which is limited to certain higher-risk groups.They say 33,661 doses of a COVID-19 vaccine were administered on Friday.

A robot dog operating alongside ATVs in the southwest U.S. Photo: Courtesy Ghost Robotics.

Police in Windsor, Ont., commenced their enforcement Saturday of an injunction granted on Friday by an Ontario judge to allow for protesters at the Ambassador Bridge to be cleared out. Sean O’Shea has more details on how the enforcement proceeded, with protesters closest to the bridge seen moving back peacefully, while others drove their vehicles away from the area.

COVID-19 in Nova Scotia declined slightly since Friday, the province announced on Saturday.In an abbreviated weekend news release, the province said there were 79 people in hospital who were admitted due to COVID-19 and were receiving specialized care in a designated unit. That’s down by three since Friday.However, another three people were in intensive care, for a total of 14.

Wendy Williams is speaking out.

SALT LAKE CITY - Traffic deaths decreased in Utah after the state enacted the strictest drunken driving laws in the nation five years ago, new research published Friday by a U.S. government agency shows.The findings, which pertain to fatalities involving and not involving alcohol, provide initial validation for conservative lawmakers who passed the law over concerns from restaurant and tourism industry lobbyists.In the study published by the National Highway Traffic Safety Administration, researchers wrote that, in the years after Utah changed the drunken driving threshold from .08% to .05% blood-alcohol content, the number of crashes and fatalities fell even though drivers logged more miles."Changing the law to .05% in Utah saved lives and motivated more drivers to take steps to avoid driving impaired," said Dr.

HARPER, Kan. - Rain on a wedding day can be upsetting for any couple, but a tornado can be downright frightening during the vows.In some cultures, rain is viewed as good luck, symbolizing various things from fertility to unity. It can also represent that your marriage will last a lifetime. Candra and Caleb Pence would agree.It was May 19, 2012, and the 21-year-old bride was ready to marry the man of her dreams.

MOSCOW - With the risk of war looming larger, Russian President Vladimir Putin and U.S. President Joe Biden held a high-stakes telephone call Saturday as a tense world watched and worried that an invasion of Ukraine could begin within days.Before talking to Biden, Putin had a telephone call with French President Emmanuel Macron, who met with him in Moscow earlier in the week to try to resolve the biggest security crisis between Russia and the West since the Cold War. A Kremlin summary of the call suggested that little progress was made toward cooling down the tensions.The closely watched call between Biden and Putin began shortly after 11 a.m.

KABUL, Afghanistan - Demonstrators in Afghanistan’s capital Saturday condemned President Joe Biden’s order freeing up $3.5 billion in Afghan assets held in the U.S. for families of America’s 9/11 victims — saying the money belongs to Afghans.Protesters who gathered outside Kabul's grand Eid Gah mosque asked America for financial compensation for the tens of thousands of Afghans killed during the last 20 years of war in Afghanistan.Biden's order, signed Friday, allocates another $3.5 billion in Afghan assets for humanitarian aid to a trust fund to be managed by the U.N.

THIRUVANANTHAPURAM :

COVID-19 on Saturday.According to the provincial COVID-19 dashboard, the deaths involve a person in their 70s and two people in their 80s in Zone 1 and one person in their 90s in Zone 4.A total of 286 people with COVID-19 have now died in New Brunswick. Anti-mandate demonstration in Fredericton enters Day 2 Since Friday, hospitalizations have dropped by 13, for a total of 122 people in hospital.

Ottawa is seeing another influx of people in the downtown as the demonstrations against COVID-19 public health measures and vaccine mandates enters its third weekend. Reports say there was some sort of party or additional protest late Friday night.

WILLINGBORO, Pa. - Officials in Burlington County announced Saturday that a man was shot and killed in a parking lot in a Willingboro shopping center. The investigation began after officers were called to the Kennedy Plaza in the 400 block of John F. Kennedy Way just after 7:30 p.m.

COLOMBO (News 1st); President Gotabaya Rajapaksa said that the nature or extent of the challenges will not matter in fulfilling the promises made to the people.He noted that development activities continue in the country while taking necessary steps to control the COVID-19 pandemic.The President also pointed out that the economy, which had been collapsed for nearly two years, is gradually recovering.The President made these remarks participating in the first round of discussions in a series of sessions with professionals representing various fields, held at the President’s House on Friday (11).The professionals who participated in the discussion said that they are further committed to make the national programme a success by giving the necessary strength to achieve the goals desired by the President, said a statement.The professionals vehemently rejected the allegations spread by some sections with the objective of achieving narrow political agendas, the statement added.Experts in the field said that the new approach to agriculture initiated by the President is being continuously supported by the researchers and entrepreneurs who are engaged full time in these fields, further noted the statement.Representatives from a wide range of fields, including education, policy, sociology, agriculture, research, water and renewable energy, medical, engineering and innovation, were present at the discussion with the President.Ministers, State Ministers, Members of Parliament, the Governor of the Central Bank, the Secretary to the President, the Principal Advisor to the President and many others were also present.

Never miss a story! Stay connected and informed with Mint. Download our App Now!!

Ontario hospital on Saturday with COVID-19, as the province continues to battle the pandemic.New data released by the province on Feb. 12 suggests a drop in the number of people in hospital from the previous day.

Health Matters February 11: As the Alberta Diabetes Foundation’s 48 Hours to Stop Diabetes fundraiser continues, Su-Ling Goh explains how local researchers are aiming to find a pharmaceutical way to achieve Type 2 remission, by understanding the diabetes “dimmer switch.”

were discharged in the past twenty four hours taking the total to 10,31,304.

Never miss a story! Stay connected and informed with Mint. Download our App Now!!

GANDHINAGAR :

◾New cases in State: 3,202◾New cases in B'lore: 1,293◾Positivity rate: State - 2.95%; Blore - 2.49%◾Discharges: 8,988◾Active cases: State- 38,747; B'lore- 16k◾Deaths:38 (B'lore- 10)◾Tests: 1,08,534#COVID

NEW DELHI : Power distribution companies (discoms), hoping to benefit from the ₹90,000 crore loans that finance minister Nirmala Sitharaman said Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) will provide them to help them combat the covid-19-induced stress, are in for a surprise, according to a copy of the document seen by Mint.

Supply-side measures could be just as effective in boosting consumer demand as direct fiscal expenditure might have been

NEW DELHI: Power distribution companies (discoms), hoping to benefit from the Rs90,000 crore loans that Finance Minister Nirmala Sitharaman said PFC and REC will provide them to help them combat the covid-19-induced stress, are in for a surprise, according to a copy of the document seen by Mint. The power sector lenders have set stiff conditions to lend money under the scheme. One of them is that a distributor should not be owing money to either at the time of availing the loan.

NEW DELHI : The ₹90,000 crore package would provide only a temporary relief to power distribution companies but not long-term stability, India Ratings and Research (Ind-Ra) said on Tuesday.

Banks should not be scared to extend loans as 100% guarantee is being given by govt, Nirmala Sitharaman told CEOs and MDs of public sector banks on Friday

PSBs have sanctioned ₹6.68 tn in loans to small biz, retail, agri and corporate sectors between 1 March and 19 May

In a letter sent to FM on Wednesday, FIDC, the representative body of NBFCs, has sought changes to the three liquidity schemes - ₹30,000 crore liquidity support scheme, ₹45,000 crore partial credit guarantee scheme and ₹3 lakh crore guaranteed loans for MSMEs

Just as India was showing initial signs of emerging from a slowdown, finance minister Nirmala Sitharaman was forced to confront a totally unexpected challenge: a pandemic. The government had to redraw battle plans and impose a lockdown, which triggered an economic collapse. Over the course of last week, the finance minister has outlined the contours of a ₹20 trillion stimulus package. In an interview on Tuesday, Sitharaman defended the government’s decisions and said it will not hesitate to take more steps to support Indian businesses. Edited excerpts:

State-owned banks launched an emergency credit line to provide funds to its existing MSME and corporate borrowers in the last week of March, soon after the lockdown was announced.

NEW DELHI : A dozen television channels dedicated to teaching school curriculums and 100 universities offering online degree courses from the end of May form the backbone of a government push for e-learning unveiled on Sunday.

NEW DELHI: Finance Minister Nirmala Sitharaman on Sunday announced setting up of public health laboratories at block levels, a move that will boost testing facilities in rural India.

NEW DELHI: Finance Minister Nirmala Sitharaman on Sunday pushed for promotion of e-learning in a post covid-19 India and said there will be dedicated TV channels for each school class and permission would be granted to 100 top universities to start online degrees.

NEW DELHI: India will suspend bankruptcy proceedings for one year so that companies are not dragged into tribunals at a time they are trying to get back on their feet, finance minister Nirmala Sitharaman said on Sunday.

NEW DELHI : Finance minister Nirmala Sitharaman is expected to make some key announcements today as she addresses the fifth and last press conference on the ₹20 lakh crore economic package announced by Prime Minister Narendra Modi earlier. To revive the Indian economy hit by the impact of coronavirus, the Modi government has decided to make India 'self-reliant' with a combination of several reforms, fiscal and liquidity measures. PM Modi has said that the measures and reforms will create many business opportunities and contribute to economic transformation.

Sitharaman will announce the last tranche of ₹20 lakh crore stimulus package at 11 am today

NEW DELHI : The economic measures announced by his government on Saturday will create many business opportunities and contribute to economic transformation, Prime Minister Narendra Modi said.

NEW DELHI : After having announced economic package and relief measures for farmers, migrant labourers, MSMEs, SMEs, NBFCs, MFIs and other categories, Finance Minister Nirmala Sitharaman will release the fourth tranche of her ₹20 lakh crore economic package today. As announced the Prime Minister Narendra Modi earlier, the stimulus to revive the Indian economy hit by coronavirus is being released in several tranches. Equivalent to 10% of India's GDP, the economic package includes both fiscal and liquidity measures to make India self-reliant under the 'Aatmanirbhar Abhiyan'.