The loan moratorium, as suggested by the Reserve Bank of India (RBI) last month and subsequently implemented by various lenders across the country, might be able to provide some temporary relief for now but could also play a hand in changing the credit landscape of the banking sector.

The tenor of Sidbi’s lending to financial institutions will be 90 days. MSMEs have been cash-starved for a few years and the lockdown to control the spread of Covid-19 is a body blow to their revenues.

Union Bank received the stake after Andhra Bank was merged with the Mumbai-based lender, effective April 1.

“Keeping it open-ended and on-tap would be a better idea than conducting the operation on a pre-decided date. Banks should get enough leeway in deciding how much they want to borrow and when to borrow,” said an expert.

The Reserve Bank in October 2018 had barred the bank from granting or renewing any loan for six months and later extended the curbs twice.

The RBI, in a press release, said 'financial position of the bank is highly adverse and unsustainable'.

The development also shows the government's push for digital technology has enabled people to access banking services even when the pandemic spread its tentacles.

The government can issue recapitalisation bonds, or the RBI's huge reserves of over USD 127 can also be dipped into to help the state-owned bank's recapitalisation needs, it said.

The loan has been disbursed under a refinance scheme by Nabard from its own resources and was given this week, it said.

Having come up with emergency credit lines to help businesses weather the Covid storm, banks are seeing little demand for fresh credit at this stage.

On the COVID-19 pandemic, SBI Card said globally, countries and businesses are under lockdown and there is a high level of uncertainty about the duration of the lockdown and the time required for things to get normal. 

Some schools of thought suggest that the eruption pushed Earth into volcanic winter that lasted as long as six years and the planet Earth had to endure a longish cooling period of a thousand years.

Special grade steel plates have been procured from the Bhilai plant of the Steel Authority of India Limited (SAIL) to be used in the launch vehicle.

ISRO is already working on a Humanoid prototype (with a female form)for the Gaganyaan missions, which is expected to be sent out on a mission next year to test it out before actually sending humans in space.

The term supermoon has only prevailed in the common lexicon for 40 years or so. It was coined by astrologer Richard Nolle in 1979.

The report on World Water Day 2020 explains that in order to tackle climate change, a lot of marginalised communities need clean water and decent toilets as a front line defense.

The space agency is shutting down its Michoud Assembly Facility in New Orleans, where the Space Launch System rocket is being built, and the nearby Stennis Space Center, administrator Jim Bridenstine said late Thursday.

According to the Central Pollution Control Board (CPCB) data, the city's overall air quality index at 9 am stood at 112, which falls in the 'moderate' category.

COVID-19: The team, which consists of only volunteers, has been working without any funding and is working anonymously so that people do not call them with inquiries about the project.

The study, published in the journal Environmental Science & Technology, noted that rapid testing kits using paper-based devices could be used on-site at wastewater treatment plants.

An official at the West Bengal Pollution Control Board (WBPCB) said air quality index (AQI) hovered between 100 and 150 (particulate matter 2.5) in Kolkata -- a spike from 'satisfactory' to 'moderate' level, amid the lockdown.

One of the major lunar events India is going to witness this week is a Pink Super Moon. This appearance of the moon is considered as the brightest and the biggest.

Witness the Pink Super Moon from your balconies today! One of the celestial events, which is an occurrence of a Super Moon, is set to take place today and can be witnessed by many from their balconies only.

In Delhi, the comparison made from the second week of March (before lockdown) to first week of April (April 6), reduction in PM2.5 was found to be by 62 per cent, PM10 by 57 per cent and NOx by 50 per cent,  the latest SAFAR data accessed by PTI showed.

According to NASA, this will be the largest of full Moons this year. Also termed as “Pink Moon”, this Supermoon marks the first full moon of the Spring season.

Explaining the difference between a normal Full Moon and a Supermoon, Brown told The Guardian that the Supermoon is just closer to the Earth than the usual Full Moon.

Weeks of lockdown in the country to fight coronavirus may have reduced greenhouse gas emissions enabling people to breathe cleaner air and feast on blue skies, but it is only a temporary phase and will not benefit the environment in the long run.

Weeks of lockdown in the country to fight coronavirus may have reduced greenhouse gas emissions enabling people to breathe cleaner air and feast on blue skies, but it is only a temporary phase and will not benefit the environment in the long run.

NASA astronaut Chris Cassidy along with two Russian cosmonauts Anatoly Ivanishin and Ivan Vagner reached the International Space Station (ISS) for a six-month-long mission named Expedition 63.

The department has also released the expected date when the monsoon will hit some important cities and areas of the country in terms of monsoon onset and withdrawal.

The planet, being called Kepler-1649c, was discovered by the team when they were looking through the data of previous observations from the Kepler telescope, which had been retired by NASA in 2018.

"The discovery of this exceptional system has been made possible thanks to the acquisition of a great number of measurements, as well as a dramatic improvement of the instrument and of our signal processing techniques," said Francois Bouchy, a professor at the University of Geneva (UNIGE) in Switzerland.

Nitrogen dioxide pollution in the northeastern United States is down 30 per cent. Rome air pollution levels from

Did you miss last month's Pink Supermoon? Don’t worry! You can witness another supermoon today.

The experimental spaceship was launched without crew by China's new large carrier rocket Long March-5B from the Wenchang Space Launch Centre in Hainan on Tuesday.

Super Flower Moon 2020: Scintillating images of the full moon, also a 'supermoon', are being shared from across the world.

The spacecraft entered the return orbit at 12:21 pm after which its return capsule separated with its service capsule at 1:33 pm.

Family consisting of Old aged parents with 3 children (1-daughter & 2-sons,), all 3 are married living separately with their successors. Elder son purchased a house in year 2005 out his own earnings & later in year 2013 due to family disputes viz. Divorce & DVC with his wife transferred the said house in the name of his mother through registered settlement deed. Presently, all his cases are disposed. Please clarify (1) whether his sister, brother or their children/successors has any right to claim the above said house as the same is presently in the name of his mother. (2) Should he make a fresh settlement deed & transfer back the house on his name to avoid any future disputes from his siblings or their successors.

AN NRI WANTS TO SELL HIS PROPERTY IN INDIA. UNDER I. TAX PROVISIONS THE BUYER IS SUPPOSED TO DEDUCT TDS @ 20% . WHETHER A LOWER RATE IS THERE UNDER THE data BETWEEN UAE AND INDIA?

IN MY PREVIOUS QUERY THE WORD SHOULD BE DTAA AND NOT DATA.. THANKS.

Hi My father bought property in the name of 3 minor sons . it was a agricultural land. my father paid for the land. We were 5 7 and 11 years old respectively. Now after 20 years my father wants to sell the property because of financial problem. all 3 children are now adult but elder brother is refusiing to sell his share in property. Younger 2 child has already signed for sale but elder brother is refusing to sign because of issues with father. What can be done in this case? does my father have right to sell the property and how

Hello Lawyers... My mother did filed a civil suit for claim of ancestral property against my maternal grandfather in the year 2014 (SUIT FOR DECLARATION) only. But the Lawyer was not able to prove the case and the suit was dismissed for the reason that " Ancestral nature of the property is not proved". After that she didn't filed any revision or appeal. It's been 4 years. My Question is " Can My sister and I file the fresh suit again and start the fresh case from beginning , Will the previous case hurt this case? 2.If yes, then when should we file the case ( Very soon or we can demand our share at any time in our life?). What should we do? pl guide the right approach....

Hello Experts, I want a legal opinion. I was having a conversation with my friend and he told me that in certain situation clear title of property can be transferred from one person to another without Registry and without paying any stamp duty. eg. Partnership firms property. If a Plot is owned by a partnership firm with some partners. If the plot is brought by reconstituting the partnership firm by getting our names added in the partnership firm and retiring the existing partners in the partnership firm. By this process--- PLOT CAN BE BROUGHT BY NOTARISED PARTNERSHIP DEED ONLY NO REGISTY IN SUB REGISTRAR NEEDED NO STAMP DUTY HAS TO BE PAID TO GOVERNMENT . CLEAR TITLE WILL BE TRANFFERED BY THIS PROCESS I Don't what law says, BUT IS IT REALLY TRUE??????

Hi Team, I am from Delhi. The issue is as subjected. My brothers got the NOC signed just after the death of my father (in 1981) and, claimed to transfer property to Mother’s name. Now, when our Mother died recently (Feb’2020), I got to know that they have transferred the property in their names (2 person) already. But, they have not informed me. Please suggest if I can claim my share.

Straightforward but compassionate, Wolf’s film affectionately documents the heady people and ambitious ideas that fuelled Biosphere II, relating an almost too-perfect metaphor for our feeble -- and perhaps doomed -- efforts to escape our own self-destructive nature

There are a number of other hill-stations, excluding the popular ones, which you can consider if you are looking for a perfect weekend getaway. These places, being less travelled, will keep you away from the hustle-bustle and possibly give you the relaxation you have been looking for.

Without labour, nothing prospers. - SophoclesABOUT INTERNATIONAL LABOUR DAY 1st may is observed as International Labor Day universally, in order to celebrate the labors and the working class.The dateMay 1 has a special significance, as this day was c

In a recent plea by Bar Council of India chairman to Chief Justice of India, it was advised against continuation of hearing via video-conferencing after the lockdown ends, to maintain judicial transparency. The Supreme Court in a press report has sai

Subordinate Courts to conduct hearing of less urgent matter as well, says MP HC; interim bail period also extended by 45 days.A circular has been issued by the Madhya Pradesh High Court, to expand the Scope of matters to be heard by the lower courts