financetom
Economy
financetom
/
Economy
/
COVID Fight Podcast: Rural India sinks in debt; Germany lifts international travel curbs
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
COVID Fight Podcast: Rural India sinks in debt; Germany lifts international travel curbs
Jul 6, 2021 11:02 AM

In this episode of the COVID Fight Podcast, CNBC-TV18's Kanishka Sarkar shares the top developments on the pandemic and its impact on India and the world.

Share Market Live

NSE

While cases in India are gradually decreasing and the pace of vaccination is gathering momentum, problems in rural India continue as people are sinking deeper into debt, with the pandemic wiping out jobs.

Moreover, as the debate around compensation to families of COVID-19 victims heats up, the central government has said that it will factor in an additional expenditure of around Rs 1.50 lakh crore for the purpose. The Delhi government has launched a social security scheme and an online portal to provide financial assistance to families who lost their loved ones due to COVID.

To know all about the situation around the globe, tune in to COVID Fight Podcast.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Fed's Preferred Inflation Gauge Comes In Below Expectations For August, Easing Concerns About Rising Prices
Fed's Preferred Inflation Gauge Comes In Below Expectations For August, Easing Concerns About Rising Prices
Sep 27, 2024
The Federal Reserve’s preferred measure of inflation in August came in below expectations, showing a decline from July’s inflation rate. According to government data released Friday, the Personal Consumption Expenditures (PCE) Price Index increased by 2.2% in August compared to the same period last year. The reading was below the 2.3% analysts were expecting and a drop from July’s 2.5%....
China's factory activity seen extending declines in Sept: Reuters poll
China's factory activity seen extending declines in Sept: Reuters poll
Sep 26, 2024
BEIJING (Reuters) - China's factory activity likely remained in contraction for the fifth consecutive month in September, as weak domestic demand and rising global trade barriers continue to dog the world's second-largest economy. A Reuters poll of 22 economists estimated the official purchasing managers' index (PMI) will come at 49.5, higher than August's reading of 49.1, but below the 50-point...
Fed should cut interest rates 'gradually,' Musalem says
Fed should cut interest rates 'gradually,' Musalem says
Sep 27, 2024
(Reuters) - St. Louis Federal Reserve Bank President Alberto Musalem on Friday said the U.S. central bank should cut interest rates gradually after what he called the strong and clear message of a half-point interest-rate cut last week, which he said he supported. For me, it's about easing off the brake at this stage. It's about making policy gradually less...
US consumer spending rises moderately in August; inflation slows
US consumer spending rises moderately in August; inflation slows
Sep 27, 2024
WASHINGTON (Reuters) - U.S. consumer spending increased moderately in August, suggesting the economy retained some of its solid momentum in the third quarter, while inflation pressures continued to abate. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, rose 0.2% last month after an unrevised 0.5% gain in July, the Commerce Department's Bureau of Economic Analysis reported...
Copyright 2023-2026 - www.financetom.com All Rights Reserved