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Saturday, April 4, 2020

Day 11 of lockdown sees a 355 case spike

CORONAVIRUS UPDATES

4 Apr, 2020 | 05:57 PM IST


Day 11 of lockdown sees a 355 case spike

As the virus takes a firm hold over the country, over 30% of India's total cases are linked to the Tablighi Jamaat congregation which took place last month. India has reported 355 cases in the last 12 hours.

In spite of all the bad news around, there still seems to be hope, economist Arvind Panagariya belives that India could turn its economy around in the second half of 2021.

Track the latest developments..




The count so far:
    Two deaths and 11 new cases in Madhya Pradesh; state tally now 164, 10 dead.
    One death and 63 new cases in Rajasthan; state tally now at 196.
    One death in Karnataka; state death tally now four.
    One death in Hyderabad.
    One death in Gujarat, 10 new cases; state tally up to 105, 10 dead.
    One death in Tamil Nadu.
    Delhi case count now up to 386.
    47 new cases in Maharashtra; state tally now 537.
    31 new cases in Uttar Pradesh.
    16 new cases in Andhra Pradesh; state tally now 180.
    Five new cases in Assam, total 25.
    Three new cases in J&K; tally up to 78.
    One new case in West Bengal; total now 58.
    One new case in Goa; state tally now seven.

World India Global deaths
11,31,713
2,902 59,884

Health:
    Ministry of Health recommends the usage of cloth masks.
    Bombay Municipal Corporation launches dedicated COVID-19 clinics.
    East Coast Railway converts 261 coaches into isolation wards.
    51 Army Hospitals turned into dedicated COVID-19 centres.
    Gujarat Railways turn 70 coaches into isolation wards.

Post-lockdown:
    Air Asia opens booking for flights post April 15.
    Air India stops all flights till April 30.
    Railways could resume services post lockdown.

Taxes:
    Income Tax department extends deadline to file TDS exemption.
    GST e-way bill validity extended in light of lockdown.

World:
    562 deaths recorded in New York State in one day; 2,935 in total.
    809 deaths reported in Spain, down from previous days.
    19 new cases reported in China, down from 35 the previous day.
    South Africa begins mobile testing amid lockdown.
    USA advocates the usage of cloth masks.
    112 French nationals airlifted back to France via Air India.


Should you opt for three-month EMI moratorium? Here's all you need to know

THE ECONOMIC TIMES
Sat, Apr 04, 2020 | 12:10 PM IST

All you need to know about EMI moratorium

RBI's loan EMI moratorium proposal for borrowers: Here's all you need to know RBI's loan EMI moratorium proposal for borrowers: Here's all you need to know
Sunil Mehta, Chief Executive, Indian Banks' Association (IBA)answers some common questions regarding the 3-month moratorium on loans announced by the Reserve Bank of India
EMI moratorium: Missing two instalments may add 10 months to your loan

Missing two instalments could extend your loan by 6-10 months.

Moratorium on loan EMIs, credit card dues will have an interest cost Moratorium on loan EMIs, credit card dues will have an interest cost
People have a lot of misconceptions about what has been promised. Keep these things in mind when you make financial decisions basis the announcements in the relief package.
No pain, shame if you miss EMIs till May 31

Those who choose to take a three-month break from repayments will also not damage their track record with credit information bureaus. RBI governor Shaktikanta Das on Thursday directed banks to ensure that they do not report delayed payments as a default.

Podcast: Should you opt for EMI moratorium? Here is the math Podcast: Should you opt for EMI moratorium? Here is the math
A 3-month EMI moratorium on term loans has been announced by the RBI, along with other relief measures to target the financial stress caused by Covid-19. In this episode of ET Wealth Wisdom, we try to decode it for you.
Opting for EMI moratorium? Be ready to pay more

Borrowers have been advised to give instructions in advance to stall the debit, even if they have no money because the bank where they have their savings account might charge them for failure of standing instruction.

Watch: EMI moratorium for borrowers: All your questions answered Watch: EMI moratorium for borrowers: All your questions answered
One of the measures announced by RBI last week, as part of its relief measures was a term loan EMI moratorium for borrowers, for three months, i.e. till June 30th, 2020. This move however led to a lot of confusion and frenzy among borrowers and even among banks, right from the execution of the process to its implications. In this video, Shambhavi Mehrotra of ET Online takes you through the borrowers' FAQs responded to by the Indian Banks' Association.
SBI loan EMI moratorium: All you need to know

Here is a look at the details of the country's largest lender, State Bank of India's (SBI) moratorium on loan EMIs. These are details as published on the bank's website.

HDFC Bank loan EMI moratorium: Terms, conditions and charges HDFC Bank loan EMI moratorium: Terms, conditions and charges
Here is a look at the details of HDFC Bank's moratorium on loan EMIs. These are details as published on the bank's website.
ICICI Bank credit card dues moratorium: How it works and the charges

ICICI Bank, along with issuing details on availing the moratorium on loans, also issued a set of FAQs on moratorium for credit card dues.

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