RBI’s moves may not snap banks’ wariness to lend

WASHINGTON, DC - FEBRUARY 1: Senate Minority Leader Mitch McConnell (R-KY) speaks during a news conference after a lunch meeting with Senate Republicans on Capitol Hill February 1, 2022 in Washington, DC. McConnell told reporters he disagrees with fo WASHINGTON - Senate Republican leader Mitch McConnell is going against the Republican National Committee calling the Jan. 6, 2021, riot at the U.S.

COLOMBO (News 1st); Sri Lanka’s Deputy Director-General of Public Health Services, Dr. Hemanth Herath has slammed the organizing of mass gatherings in the wake of the COVID-19 spread in the island.‘This is not something that needs to be said over again.

Truckers paralysing the Canadian capital in anger at Covid rules show no sign of backing down, as several of the nation's provinces announced it was time to roll back restrictions that count among the world's toughest.

First nasal spray for covid-19 treatment in India: For the treatment of adult patients suffering from Covid-19, pharma company Glenmark has launched Nitric Oxide Nasal Spray (FabiSpray) in India. The nasal spray was launched by the pharma company in partnership with SaNOtize. "Phase 3 trial in India met the key endpoints and demonstrated reduction of viral load of 94 per cent in 24 hours and 99 per cent in 48 hours. Nitric Oxide Nasal Spray (NONS) was safe and well-tolerated in COVID-19 patients. Glenmark to market NONS under the brand name FabiSpray," the company said in a statement.

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.Never miss a story! Stay connected and informed with Mint. Download our App Now!!

ladies tights such as pantyhose on your face could reduce the risk of getting Covid, more so than masks.A major risk identified with commonly worn face masks is that they do not fit tightly enough to block viral particles from being inhaled or exhaled significantly.Cambridge University researchers have tested seven hacks to improve the fit of masks.Their new study outlined DIY hacks people have used to make masks fit better, including using rubber bands or tape.They found the most effective tactic was to wrap pantyhose around the bottom half of the face or on top of a mask.Researchers have said that this could reduce the number of viral particles by up to seven times more than a loose mask on its own by sealing the gaps around the nose and mouth.They raised that the social and physical impact of wearing tights on your face in public was "unlikely to be tolerated for an extended period of time".Tight-fitting medical masks are great at blocking out the virus, but many describe them as uncomfortable.The study raised that the most common surgical or cloth masks are far less resistant to Covid.Cambridge researchers recruited four volunteers to try seven different mask hacks - the study looked at both surgical and KN95 masks.Other methods included tying the ear bands to make the masks fit more tightly or stuffing the gaps with bandages.Participants did seven minutes of various exercises designed to mimic real-world interactions such as talking, smiling, nodding and eating.The researchers measured how well the masks fit by monitoring the filtration efficiency and calculating a 'fit factor' score.Pantyhose and cloth tape were most effective, increasing the fit factor by 27.7 and 14.7.Surgical masks performed better if worn in

Epik High frontman Tablo has tested positive for COVID-19.OURS, Epik High’s management agency, confirmed the news through a press statement released earlier today (February 9).“Tablo experienced minor symptoms on February 3 and underwent PCR testing, and his results came back negative the next day (January 4),” the agency said, as translated by Soompi. “However, he voluntarily got tested again on February 8, and his results came back positive this morning.”The statement also noted that the rest of Epik High and staff members who were recently in contact with Tablo underwent rapid antigen testing following the hip-hop artist’s diagnosis.

New Zealand anti-vaccine mandate protesters faced off with police outside parliament today, as demonstrators camped inside the Wellington legislature's grounds vowed to stay "as long as it takes".

Director Kamika Bianca Guerra-Walker joins Global News’ Linda Olsen to discuss how she is using her experiences growing up Black in Calgary and how that has inspired her art.

Alberta Premier Jason Kenney has announced the province’s public health restrictions will now be lifting, while a blockade of protesters demanding an end to mandates resumes at the U.S.-Canada border crossing near Coutts. Heather Yourex-West looks at the province’s plan, and whether it will be enough to satiate demonstrators.

Prime Minister Justin Trudeau continues to press hard on the importance of COVID-19 vaccines. But Quebec Liberal MP Joël Lightbound is challenging his own government’s strategy, demanding Trudeau to stop driving up divisions and deliver a roadmap to end public health mandates.

COLOMBO (News 1st); Thousands of Sri Lankan health workers are on strike for the third consecutive day, citing several demands.The trade unions demand that the authorities eliminate existing salary disparities in the sector just as they eliminated the teacher and principal salary anomalies.Health workers across Sri Lanka including nurses, and Public Health Inspectors are on strike citing multiple demands.They resorted to the indefinite trade union action from Monday (7).As a result of the strike activities at the Colombo General Hospital, Kandy General Hospital, 24 Teaching Hospitals, 26 General Hospitals, 46 Base Hospitals, 410 District Hospitals, and 293 MOH Officers came to a complete standstill.

PHILADELPHIA - Investigators with the Philadelphia Police Department are searching for two men wanted in connection with an armed robbery at a Domino’s Pizza in North Philadelphia. According to police, the robbery took place on Monday around 1:00 a.m. at the location on 2628 N.

China enacted a similar traffic light change after one case was detected in November, only to repeal it amid outcry on social media. 

Winter Olympics since 1998 in Nagano, Japan.She has a decade’s worth of knitted red mittens, purchased every year since their debut as part of the Canadian Olympic uniform in 2010.But this year Reid says she won’t be buying anything, because after the merchandising partnership changed hands from Hudson’s Bay to Lululemon, she considers the prices too steep to justify.“They were a great, affordable way to show Canadian Olympic pride and some of the money goes to support our national team,” Reid says of her iconic mittens.“I looked at the Lululemon site and I was pretty surprised to see the prices. I was OK with The Bay’s mittens going up to $20, but $68 for a pair is too much for me.”Reid isn’t alone.

COVID-19: Kenney announces Alberta vaccine passport program ending at midnight In a letter to school authorities, Education Minister Adriana LaGrange outlined the impact that relaxing COVID-19 restrictions will have on schools and students.“I have been encouraged to see a downward trend in the number of Alberta schools shifted to at-home learning over the last few weeks,” she said.“At the peak of the fifth wave, there were 29 schools that were shifted to at-home learning, and today, only seven of the over 2,500-plus schools in our province remain learning at home.”Please see my letter to school authorities below: pic.twitter.com/Z3sph78dDv— Adriana LaGrange (@AdrianaLaGrange) February 9, 2022LaGrange said the masking requirement that will be removed effective Feb. 14 will apply to any students in schools or on school buses.

Freedom Convoy” trucks and say their presence “complicates” efforts to end the demonstration.More than 100 of the trucks remaining as part of the nearly two-week-long protest in downtown Ottawa are estimated to have kids living in them, OPS Deputy Chief Steve Bell told media in a briefing Tuesday afternoon.“Almost 25 per cent of the 418 trucks have children living in them — children who could be at risk during a police operation,” Bell said.“There’s a multitude of concerns” he said, citing effects from carbon monoxide, diesel fumes, cold, noise and a lack of access to sanitation on kids. Trucker convoy — Here’s what the 10-day injunction against horns includes Ottawa police have tapped the Children’s Aid Society (CAS) for advice on how to proceed with enforcement operations in the downtown core.They’re not seeking to take the kids out of the trucks or away from their parents at this stage, Bell said, but will follow the recommendations of CAS.“We’re not at the stage of looking to do any sort of enforcement activity around that,” he said.“We just think it’s an important factor that complicates and makes this an even more challenging operation.”To date, police and bylaw officers have issued more than 1,300 tickets for traffic violations, made 23 arrests and have 85 active criminal investigations related to the protest, which began as a response to vaccination mandates but has expanded to include a wide umbrella of anti-government sentiment.OPS are also liaising with U.S.

₹808 crore to families of 1,616 deceased healthcare workers from 33 states and UTs, who were involved in fighting the COVID-19 pandemic, Union Health Minister Mansukh Mandaviya in a written reply to a question in Rajya Sabha on Tuesday.

COLOMBO (News 1st); Sri Lanka’s Health Ministry said that it is conducting a study on the possibility of vaccinating children below the age of 12.Deputy Director-General of Health Services, Dr. G.

PHILADELPHIA - As a winter surge of COVID-19 cases brought on by the highly-infectious Omicron variant continues to recede, some states have set a deadline for lifting mask mandates in schools. While the Centers for Disease Control and Prevention (CDC) has stood by its recommendation for students to wear masks in school, New Jersey Gov. Phil Murphy said this week that individual districts will have the power to set mask rules after Mar.

PHILADELPHIA - Gas prices continue to climb across the nation as experts claim rising tensions at the Russia-Ukraine border is pushing up the cost of crude oil. According to AAA, the national average for a gallon of gas jumped roughly 7 cents last week. Closer to home, AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $3.44."Financially, yeah, it hurts," said Fatima Robinson, a Lyft driver from Fairmount.

The Department for Work and Pensions (DWP) has announced significant changes to its guidance for health professionals carrying out Personal Independence Payment (PIP) assessments across the UK.

coronavirus cases have surged to 41,610,976. On the other hand, the fatalities count has surged to 5,05,279, which accounts for 1.19% of the total caseload.

COVID-19 who have high risk of progression of the disease. 

₹3 lakh and ₹5 lakh. The Group Care 360 policy is underwritten by Care Health Insurance. This scheme will ensure access to quality healthcare services for all homeowners in the project.

Mumbai will be unlocked by the end of February, mayor Kishori Pednekar said on Tuesday, according to news agency ANI. "We have made up our minds," she also said, while stressing not to show laxity in adherence to Covid protocol. "It is essential for the people to wear masks and observe social distancing," Pednekar also said.

announced plans to lift COVID-19 restrictions in phases on Tuesday. COVID-19: Kenney announces Alberta vaccine passport program ending at midnight “It’s time for us to learn to live with COVID-19,” he said at a press conference, listing the challenges of the pandemic: disrupting livelihoods, dividing people and hurting mental health.“It’s time to let kids be kids.”Kenney said the restrictions exemption program has “outlived its useful purpose,” announcing that after Feb.

Alberta’s COVID-19 vaccine passport program will cease to exist when the clock strikes midnight on Feb. 9, and almost all public health restrictions will be lifted March 1 if the situation in hospitals continues to improve, Premier Jason Kenney announced Tuesday.

Murderer Wayne Couzens has been placed in isolation after catching Covid in prison. The rapist cop who served as an officer for the Metropolitan Police force is currently serving a full life sentence for the murder of Sarah Everard.The 48-year-old is said to have caught the virus while serving time in HMP Frankland in Durham, with reports stating he is "seriously ill".Wayne is one of less than 20 prisoners in the Durham jail who have contracted Covid.It's been reported that a section of the prison has been closed off to stop the spread of the virus, with food and drink being left at the foot of the door of Wayne's isolated cell.A source told The Sun: "People have been talking about karma, but it looks like he will be OK.

WASHINGTON, DC - JUNE 21: Senate Minority Leader Mitch McConnell, R-Ky., walks from his office to the Senate floor at the U.S. Capitol on June 21, 2021, in Washington, D.C.

PHILADELPHIA, PENNSYLVANIA - FEBRUARY 08: Chris Paul #3 of the Phoenix Suns and Joel Embiid #21 of the Philadelphia 76ers look on during the third quarter at Wells Fargo Center on February 08, 2022 in Philadelphia, Pennsylvania. NOTE TO USER: User ex PHILADELPHIA - Devin Booker never tires of watching Chris Paul do his thing to lift Phoenix to big wins.Paul did his part for the Suns in back-to-back nights on the road against top teams in the East — first, Chicago and then Philadelphia — and gets to try it again next game in a rematch with the NBA champs."You’re a cold piece of work, CP3," Booker said.Booker scored 35 points and Paul had 16 points and 12 assists to lead the Suns to their NBA-high 44th win, 114-109 over the 76ers on Tuesday night.The Suns rallied from a 14-point deficit to win for the 14th time in 15 games, raising their record to 44-10.Up next this week for Phoenix, an NBA Finals rematch at home against the Bucks."Our goal is what everybody knows it is," coach Monty Williams said.

COLOMBO (News 1st); The National Water Supply and Drainage Board said that a 14-water cut will be experienced from 4 PM on Wednesday (9) for many areas in the Gampaha District.The areas that will be affected are:Ekala, Kotugoda, Udammita, Thudella to 20th Mile Post along Raja Mawatha, Wahatiyagama, Delatura, Katunayake, Seeduwa, Udugampola, Minuwangoda, Katunayake Air Force Camp, Katunayake Free Trade Zone, and Katana South.

Analysts say RBI governor Shaktikanta Das will need to do a lot more in coming weeks. Here’s a look at some of the policy options still available to him

MUMBAI : Governor Shaktikanta Das vowed on Friday to do “whatever it takes" to cushion the economic blow of the coronavirus pandemic, before drawing from the central bank’s arsenal to cut the reverse repo rate to nudge banks to lend, provide liquidity support to struggling non-banks and ease asset classification norms.

Prime Minister Narendra Modi on Friday welcomed the steps taken by the Reserve Bank of India (RBI) and said the measures will enhance liquidity, improve credit supply and help small businesses and farmers hit by the nationwide lockdown.

MUMBAI: Indian stock markets jumped over 3% on Friday as liquidity boosting measures announced by Reserve Bank of India and firm positive global cues lifted investor sentiment. The BSE Sensex ended at 31,588.72, up 986.11 points or 3.22%, while the 50-share index Nifty closed 273.95 points or 3.05% higher at 9,266.75.

MUMBAI : The Reserve Bank of India (RBI) on Friday made temporary changes to its asset classification norms in a balancing act between offering reprieve to borrowers and ensuring adequate risk buffers for banks.

Setting the stage for a post-covid-19 economic revival requires both monetary and fiscal policy action. Reserve Bank of India (RBI) has plugged gaps left by its last announcements. Now it’s time for the government to act.

Reserve Bank of India (RBI) Governor Shaktikanta Das today announced a new set of measures in an effort to strengthen the financial system’s response to the Covid-19 fueled slowdown that has affected our economy. The RBI Governor said the central bank has taken a number of steps to ensure normal business functioning by the entire banking sector.

NEW DELHI: Finance Minister Nirmala Sitharaman on Friday welcomed the Reserve Bank of India’s (RBI’s) steps aimed at helping companies and individuals borrow at cheaper rates, improving non-banking finance companies’ (NBFCs’) access to low-cost funds besides assisting banks, companies and real estate firms with reclassification of norms on bad assets.

NEW DELHI : Prime Minister Narendra Modi today said the announcements made by Reserve Bank of India (RBI) Governor will improve liquidity and credit supply and also help small businesses, farmers and poor.

Mumbai: The Reserve Bank of India has decided to provide an asset classification standstill for standard accounts that avail a moratorium between 1 March and 31 May, said governor Shaktikanta Das on Friday.

NEW DELHI: The Reserve Bank of India (RBI) on Friday asked scheduled commercial banks and co-operative banks not to make any dividends for the financial year ending March 2020 and said it will review this stand in September. RBI Governor Shaktikanta Das today said this was being done to conserve cash in view of the challenges posed by covid-19.

NEW DELHI: The Reserve Bank of India on Friday cut the reverse repo rate by 25 basis points to 3.75% even as it kept the repo rate unchanged at 4.4%. The central bank today took several steps to improve liquidity for non-banking finance companies as they were finding hard to raise funds. RBI Governor Shaktikanta Das announced the launch of second instalment of TLTRO -- TLTRO 2.0 -- for easing credit to NBFCs.

NEW DELHI: The Reserve Bank of India on Friday announced it will conduct targeted repo operations for an amount of ₹50,000 crore to begin with in tranches of appropriate sizes.

NEW DELHI : After the Narendra Modi government extended the coronavirus lockdown till May 3, Reserve Bank of India (RBI) Governor Shaktikanta Das will make some important announcements at 10 am today. He is likely to announce some fresh measures to cushion the economy during lockdown 2.0.

Indian equity market on Friday is expected to be on the edge. Investors may take positions after the Reserve Bank of India (RBI) governor Shaktikanta Das's briefing at 10 am. SGX Nifty, which indicates the movement for Indian stocks, suggests a firm opening.