Its monetary easing tools are turning blunt even as the government relies on lending for an economic revival. Perhaps RBI could fight credit-risk aversion by buying corporate bonds We have by now got accustomed to the Reserve Bank of India (RBI) declaring interest rate cuts in unscheduled instalments of monetary policy.

These are aimed at easing credit in the economy. The central bank’s principal tool is its repo rate, the rate at which it lends funds to regular banks.

It was reduced to 4% last week, the lowest in about two decades. Not all of this easing translates into cheaper or easier loans for borrowers.

This is for a variety of reasons, but perceptions among bankers of rising default risk, given the current recession, play a major

Read more on livemint.com

All news from livemint.com

The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

UN sets new voting rules for Canada’s Security Council campaign amid COVID-19

The United Nations has confirmed that the election for non-permanent seats on the Security Council — which pits Canada against Norway and Ireland — will take place in June under unprecedented new rules to prevent the spread of COVID-19.

New York Ireland Canada Norway covid-19 United Nations Coronavirus UN

11 new coronavirus cases reported in London-Middlesex, 4 recoveries

The Middlesex-London Health Unit (MLHU) says 11 more people have tested positive for novel coronavirus Saturday, and four others have recovered.

city London covid-19 coronavirus news coronavirus update Coronavirus

3 dead, 2 injured after crash involving NJ Transit bus, sedan in Burlington County

Three people died as a result of the crash.

state New Jersey city Moorestown county Burlington hospital

Here's What You Can Do Right Now to Demand Justice for George Floyd

On May 25, George Floyd, a black man in Minneapolis, Minnesota, died during his arrest by a white . Former Minneapolis cop, Derek Chauvin, was filmed pinning Floyd to the ground by kneeling on his neck for nearly nine minutes, even after the 49-year-old truck driver was unconscious.

George Floyd Derek Chauvin state Minnesota city Minneapolis, state Minnesota police violence Police Brutality

Richard Osman: Pointless presenter speaks out after 'non-stop' messages 'Please forgive me

Richard Osman and Alexander Armstrong have hosted Pointless on the BBC for more than a decade. Now the presenters have revealed the impact the coronavirus lockdown has had on the show and their lives.The former, 49, asked for fans' forgiveness after getting a new request "non-stop" behind-the-scenes.The television producer remarked on what the nation were entertaining themseleves with during the pandemic.When asked if they were constantly being asked to host quizzes at the moment, they confirmed it was very much the case.Alexander, 50, told this week's Radio Times: "Yeah – are you, Rich?"He replied: "Literally non-stop.

information BBC Coronavirus Pointless

Launch watchers return for 2nd try with patience, umbrellas

TITUSVILLE, Fla. – After dodging downpours and a tornado only days earlier, Neil Wight was back at a public park Saturday hoping that rain again wouldn’t prevent two NASA astronauts from being launched into space.

New York county Buffalo pandemic prevention Coronavirus

Michelle Obama - Mike Freeman - George Floyd - Derek Chauvin - Michelle Obama on George Floyd's Killing: ‘It Can’t Just Be on People of Color to Deal With It’ - glamour.com - city Minneapolis - county Hennepin

Michelle Obama on George Floyd's Killing: ‘It Can’t Just Be on People of Color to Deal With It’

Michelle Obama is as the country continues to mourn and rage against the killing of , a black man who was suffocated by a white police officer who kept his knee on Floyd's neck until he was dead. "I can't breathe, man," Floyd can be heard saying in .

Michelle Obama Mike Freeman George Floyd Derek Chauvin city Minneapolis county Hennepin 2020 pandemic crisis

Florida Department of Health reports over 900 new cases of COVID-19

ORLANDO, Fla. – As major theme parks, including Universal Orlando and Walt Disney World, formulate their plans and procedures to reopen, cases of COVID-19 are still being reported in the state.

state Florida state Saturday Department Coronavirus

Quebec reports 76 new COVID-19 deaths as new confirmed cases continue to drop

Quebec is reporting 76 new deaths today linked to COVID-19, bringing the provincially tally to 4,439.

covid-19 Quebec Montreal Coronavirus

A-Rod, J-Lo take second swing at buying Mets: report

Alex Rodriguez and Jennifer Lopez reportedly aren’t giving up on their desire to purchase the New York Mets.

Jennifer Lopez Alex Rodriguez New York city New York

NJ to resume child care services, day camps, organized sports effective mid-June, July

Superintendent Greg Cappello, of the West Deptford School District, joined Good Day Philadelphia to discuss Gov. Murphy's new direction.

Phil Murphy state New Jersey covid-19 pandemic Department

Best face masks for kids - top reusable face coverings you can buy online now

Wearing face masks in public is now a common occurrence and is, in fact, encouraged by the government in certain situations where social distancing may not be possible, for example at the shops or on public transport.

Chris Whitty Government mask stars Coronavirus

George Floyd’s death: Here’s 5 ways you can take action

ORLANDO, Fla. – It’s an incident that has started a national conversation-- the death of George Floyd.

George Floyd Derek Chauvin New York Usa city Minneapolis death pandemic donates

Nova Scotia reports 1 more death at Northwood, 1 new case of coronavrius

[ Sign up for our Health IQ newsletter for the latest coronavirus updates ]

Nova Scotia covid-19 coronavirus news coronavirus update Coronavirus

Highest single-day spike in new Covid-19 cases takes Delhi's tally past 18,000

As per the Delhi Health reports, 18 new deaths were added to the tally, taking the total COVID toll in the national capital to 416

city Delhi death Coronavirus

Lockdown 5.0: Night curfew between 9 pm and 5 am

NEW DELHI : As the Centre on Saturday adopted an exit step towards the 67-day long nationwide lockdown, declaring that the restrictions will be limited only to the containment zones up to June 30, it has also shortened the night curfew timings.

city New Delhi India guidelines

New Jersey spends $200M in expenses in COVID-19 battle

Governor Murphy gives an update on the new cases of the coronavirus during press conference Thursday

state New Jersey covid-19 Government Department Coronavirus

Govt to take call on reopening of cinemas in third phase of eased lockdown

Given that the ministry has allowed the reopening of shopping malls from 8 June, multiplexes, which form a crucial part of these malls, should brace for an opening too

city New Delhi covid-19 economy Government

Sarah Jessica-Parker - Bebe Rexha - Sarah Jessica Parker - Bebe Rexha’s parents contract coronavirus, Sarah Jessica Parker’s NYC and more news - us.hola.com - New York - city Santino

Bebe Rexha’s parents contract coronavirus, Sarah Jessica Parker’s NYC and more news

Bebe Rexha, who has a new song inspired by graduating students called Here’s to 2020, has been far from her family during this time. She explained to Extra that her parents both contracted coronavirus, which made her want to drive from L.A. to them in NYC. “They were so adamant about not having my brother and I there, but finally they got better,” she said. “Finally they can taste food again. I’m really grateful. “I am happy that New York is getting into a much better spot and the East Coast is starting to see the light.”

Sarah Jessica-Parker Bebe Rexha Sarah Jessica Parker New York city Santino 2020 Coronavirus Coronavirus Daily Updates

Maharashtra to allow essential and non-essential shops to open, no inter-district travel allowed

Maharashtra which has the highest number of covid-19 cases in the country and accounts for 50% of the total fatalities, does not want to open the lockdown in a hurry

covid-19 death Government travelers

Ontario reports 323 new coronavirus cases, 17 deaths as total cases top 27,500

Ontario reported 323 new cases of novel coronavirus Saturday morning, bringing the total number of cases in the province to 27,533.

city Ottawa Ontario covid-19 coronavirus news Coronavirus

Schools, colleges to re-open in July after Govt readies safety rules

The union government’s new guidelines do not give a specific opening date in July and have underlined that all stake holders including states and parents' feedback will be taken before deciding on the exact date

India guidelines Government Colleges

Government allows restaurants, hotels and malls to open from 8 June

Restaurants that have seen a huge slump in business will see additional relief from the latest relaxations as they can now open for dine-in business after a gap of over two months

hospital guidelines Government

Parliament sanitised after latest case of coronavirus

Of the four cases, three had contracted the infection after Lok Sabha and Rajya Sabha Secretariats resumed functioning when Lockdown 2.0 ended

city New Delhi covid-19 Government infection Coronavirus

PSG make first move for long-time Man Utd transfer target Sergej Milinkovic-Savic

PSG have made the first move for Manchester United transfer target Sergej Milinkovic-Savic, putting a €60m offer on the table.

Italy France city Manchester Serbia Manchester United FC Transfer news PSG FC

Coronavirus Scotland: Number of Ayrshire patients fighting COVID-19 in hospital hits new low

The number of Ayrshire and Arran patients fighting coronavirus in hospital has hit a new low.

Scotland hospital symptoms patient Coronavirus

Madhya Pradesh govt extends lockdown till 15 June

The decision taken by the Madhya Pradesh government is crucial because the state has unilaterally taken the decision even before the Centre has issued guidelines for social distancing and lockdown starting 1 June

Singh Chouhan city New Delhi India outbreak guidelines Government Coronavirus

Nationwide lockdown in Covid-19 containment zones extended till 30 June: MHA

Reopening of prohibited activities in areas outside containment zones to be done in phased manner, says MHA

city New Delhi hospital covid-19 guidelines economy

Richard Ayoade to host online BAFTA TV Awards in July

"I am as surprised as you are that this is still going ahead"

Richard Ayoade 2020 pandemic Coronavirus Bafta

Vaccine to prevent COVID-19 will take long time to be ready: Kiran Mazumdar-Shaw

Trying to develop vaccine in less than a year is a very daunting and almost impossible task. Vaccine development involves a large number of processes to establish the safety, efficacy and endurance of the vaccine, says Kiran Mazumdar-Shaw

Kiran Mazumdar-Shaw city New Delhi pandemic vaccine prevention

PM shares 'vikas yatra' of his second term in office with people

Modi shares a document on his Twitter account, about the steps taken by his govt for the progress and development of the country

Narendra Modi city New Delhi virus pandemic Government Coronavirus

Biggest single-day spike of 938 new coronavirus cases in Tamil Nadu

With six more Covid-19 deaths in the state in the last 24 hours, the death toll rose to 160

India Kuwait covid-19 death Coronavirus

Institutional investment in real estate drops 12% in FY20 at nearly $4.48 billion: report

During the fourth quarter of the last fiscal, institutional investment in real estate fell 44% to $727 million compared with the same period of the previous financial year

city New Delhi Usa India covid-19 2020 crisis Coronavirus

Kerala has 58 new covid-19 cases including seven Air India staffers

Like the bulk of the cases this month, majority of the fresh cases are from people returned from international or interstate traffic

India covid-19 testing Government

Love Island star Molly-Mae’s new dog bags 100,000 Instagram followers in a day – making Mr Chai an influencer

MOLLY-Mae and Tommy Fury’s Pomeranian puppy Mr Chai already has 100,000 followers on Instagram – making him an influencer just like his parents. The dog – gifted to Molly-Mae on her 21st birthday earlier this week - thanked his “human friends” after reaching the impressive milestone within the space of 24 hours.

Britain pandemic stars Coronavirus

India's Covid-19 recovery rate jumps to 47.4%, an increase of 4.5% in 24 hours: Govt

New Delhi: During the last 24 hours, a total of 11,264 Covid-19 patients have been cured in India, which is the highest number of recovered patients recorded in a day in the country. Thus, so far, a total of 82,369 patients have been cured of the virus, the Ministry of Health and Family Welfare said on Saturday.

city New Delhi India covid-19 testing patient

57% concerned about high Covid-19 treatment charges at private hospitals: Survey

46% fear contracting secondary infection in government facilities, according to survey conducted by community social media platform LocalCircles

city New Delhi hospital covid-19 Government infection Coronavirus

Lockdown 5 likely to have relaxations for tourism and hospitality industry

For lockdown 5.0, the Centre is exploring ways to fulfill the demand of opening hotels, restaurants, beaches, etc.

city New Delhi hospital covid-19 economy Government

David Lynch launches new video series ‘What Is David Working on Today?’

The daily series gives fans an insight into the director's creative process

Los Angeles pandemic crisis Coronavirus

513 domestic flights carrying 39,969 passengers flew in India on Friday: Puri

During the pre-lockdown period, Indian airports handled around 3,000 daily domestic flights

Singh Puri city New Delhi India covid-19 testing travelers Coronavirus

Cristiano Ronaldo - Lionel Messi - Lewis Hamilton - Tyson Fury - Serena Williams - Roger Federer - Lebron James - Lionel Messi and Cristiano Ronaldo beaten to first in Forbes Highest-Paid Athletes list - dailystar.co.uk - Switzerland

Lionel Messi and Cristiano Ronaldo beaten to first in Forbes Highest-Paid Athletes list

Roger Federer became the world’s best-paid athlete over the past year despite only generating around £5m of his earnings last year from actually playing tennis.

Cristiano Ronaldo Lionel Messi Lewis Hamilton Tyson Fury Serena Williams Roger Federer Lebron James Switzerland NBA Juventus FC

Every single worker has coronavirus at this US farm

One farm in Tennessee distributed Covid-19 tests to all of its workers after an employee came down with the virus

Usa state Tennessee state New Jersey state Washington county Gloucester county Yakima county Salem virus covid-19 pandemic infection

Small business owners can now apply for PPP loan forgiveness: Everything to know

A new study shows how Americans are using their retirement savings to cover costs amid the COVID-19 pandemic.

Usa Los Angeles covid-19 2020 pandemic Government Coronavirus

Pentagon puts military police on alert to go to Minneapolis

Minnesota Gov. Tim Walz and Minneapolis Mayor Jacob Frey appeared together at a news conference early Saturday morning as fires burned across Minneapolis amid the escalating unrest over the death of George Floyd in police custody. Walz said the state and city do not have the numbers to quell the unrest.

Tim Walz George Floyd Jacob Frey New York Usa state Minnesota state North Carolina county George city Minneapolis county Floyd president death Government Department

Jadon Sancho shows off haircut and new tattoos at Borussia Dortmund training

Jadon Sancho has celebrated football’s return by getting a new haircut and new tattoos which he showed off in Borussia Dortmund training.

Jadon Sancho city Sancho Chelsea FC Manchester United FC Borussia Dortmund FC

PM led from front to give a vision to India, says BJP president on one year of Modi govt 2.0

New Delhi: BJP president JP Nadda on Saturday hailed the Prime Minister Narendra Modi-led government for completing the first year of its second consecutive tenure and called it a year of "accomplishment with unimaginable challenges" and added that this government has the capacity to take bold decisions.

Narendra Modi city New Delhi India covid-19 president Government Coronavirus

Andhra reports 131 new Covid-19 cases, including 61 from other states

Covid-19 cases in AP were only 2,944 while the remaining 517 were foreign returnees and those from other states

covid-19 testing patient

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Opinion | Why RBI should now be our lender of first resort

Related News