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Coronavirus outbreak to hit global growth which have less impact on India: RBI Governor Shaktikanta Das

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RBI Governor Shaktikanta Das has said “The coronavirus outbreak will have a less impact on India but the global GDP and trade will definitely get affected due to the large size of the Chinese economy. Only a couple of sectors in India are likely to see some disruptions but alternatives are being explored to overcome those issues”.

He told in PTI interview that “The deadly virus has brought a large part of the world’s second-largest economy China to a standstill and its impact has been felt across industries. India’s pharmaceutical and electronic manufacturing sectors are dependent on China for inputs and they may be impacted”.

He further said”It is definitely an issue which needs to be closely monitored by every policymaker whether in India or any other country. Every policymaker, every monetary authority needs to keep a very close watch. So coronavirus issue needs to be closely watched .

A similar problem, perhaps on a lower scale, occurred last time during the outbreak of Severe Acute Respiratory Syndrome (SARS) in 2003, he said adding that the Chinese economy had slowed down by about 1 per cent during that time.

At the time of SARS outbreak, China was the sixth-largest economy and accounted for only 4.2 per cent of the world’s GDP. While, the Asian giant is now the world’s second-largest economy, accounting for 16.3 per cent of the global GDP, therefore, any slowdown in the Chinese economy would impact the global economy.
The RBI governor said that the coronavirus outbreak appears to be larger than SARS and this time China’s share in world GDP and world trade is much higher. “So, the coronavirus will definitely have an impact on the global GDP and global trade,” he said adding that every major economy today will have to be very careful and must monitor the situation closely.

For India, China is an important trading partner and policymakers both in the government and the monetary authority “are very watchful of the developments that are taking place,” he said.

If the Chinese authorities are able to contain the problem, the impact on the global economy and on India will be minimised, Das said.
On the impact on India, he said the pharmaceutical sector is sourcing raw materials from China.

“Most of the large pharma companies, according to information that we have, always keep stock for three-four months. So, therefore, they should be able to manage and also those provinces from where these pharma intermediates are sourced have not been impacted by the virus outbreak. Therefore, there is an expectation that the supply of pharma raw materials will be maintained,” he said.

The other areas where India is dependent on China is mobile handsets, TV sets and certain other electronic products. “There again it is important that our manufacturers are able to develop alternative places of sourcing these raw materials.”

“So, I think there is evidence that already our manufacturers are discussing with other countries in the Asian region. So, if they are able to quickly access raw materials from these other countries, then to that extent the problem on our manufacturing will be contained,” he said.

He noted that the critical thing to be watched and monitored now is how quickly Chinese authorities are able to contain the problem. For India, he said, the important aspect is manufacturer should be able to quickly develop alternative sources.

India exports iron ore to China and it could be impacted, he said. “But in economics, something negative in one place always works positive elsewhere. So if your iron ore exports are impacted, then perhaps the raw material supply to our local domestic steel manufacturers will be at reduced costs. So their cost of production may go down.”

Das said Coronavirus is a big human tragedy and the focus has to be on containing this menace. China’s GDP has risen dramatically since SARS outbreak in 2003. In 2002, China contributed 23 per cent to the world GDP growth, in 2019 China contributed an estimated 38 per cent of world growth.

The 11 Chinese provinces have announced an extended holiday period. Meanwhile, the death toll from the coronavirus epidemic in China crossed the 2,000-mark on Wednesday with the death of 136 more people, while the overall confirmed cases climbed to 74,185, authorities said.

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Entertainment

Actor Mark Blum dies at 69 due to coronavirus COVID-19 complications

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American on-screen character Mark Blum referred to for work in theater just as in films ‘Urgently Seeking Susan,’ ‘Crocodile Dundee’ and the Netflix arrangement ‘You,’ is dead at age 69 because of inconveniences from COVID-19. As indicated by Fox News, Blum’s widow, Janet Zarish affirmed reports of Blum’s demise in an email and stated, “My better half spent away yesterday, March 25th, from difficulties from the Corona Virus. He passed on at New York-Presbyterian Hospital.”

Hang AFTRA official VP Rebecca Damon additionally affirmed the news on Twitter, taking note of that he was already on the association’s board.

“It is with such profound distress that I’m writing to share the news that our companion and previous board part Mark Blum has died because of entanglements from the coronavirus. Imprint was a devoted Screen Actors Guild and SAG-AFTRA board part serving from 2007-2013, an enthusiastic victor for the merger, and an energetic backer for individuals. Those of us sufficiently fortunate to have realized him will prize our recollections of a talented entertainer, an ace educator, a dependable companion, and an excellent human.”

Damon proceeded: “On an individual note- – I constantly valued Mark’s away from of complex circumstances. He generally talked reality and did an extraordinary help in educating individuals regarding our locale about the intricate details of the association at whatever point he had the chance. Imprint was keen, clever, and a genuine on-screen character’s entertainer. He will be profoundly missed. Considering all of you. It would be ideal if you #stayhome. #COVID19.”

Dramatists Horizons, the New York City-based gathering likewise tweeted about Blum’s demise, stating, “With affection and overwhelming hearts, Playwrights Horizons pays tribute to Mark Blum, a dear long-lasting companion and a quintessential craftsman who spent for the current week. Much thanks to you, Mark, for all you brought to our theater, and to theaters and crowds over the world. We will miss you.”Blum was an apparatus of the New York theater network, and showed up on Broadway in Neil Simon’s ‘Lost in Yonkers,’ Gore Vidal’s ‘The Best Man’ and some progressively, announced TheWrap.

During the 1970s, the New Jersey-conceived entertainer apparently got his beginning and afterward he made the progress to the big screen. He appeared with a job in the 1983 film ‘Lovesick,’ trailed by ‘St. Somewhere else’ the next year. In the 1985 film ‘Frantically Seeking Susan,’ Blum featured close by Rosanna Arquette.

She told TheWrap of Mark, “I’m pitiful about this. He was actually quite kind, was constantly strong and clever, a man of his word and an extraordinary entertainer who cherished the work. I’m so pitiful for his family and all the individuals who love him. This is a catastrophe on such huge numbers of levels. Find happiness in the hereafter and force Mark Blum.”

Blum played Union Bob on the Amazon arrangement ‘Mozart in the Jungle’ and Mr Mooney in the Netflix show ‘You,’ as of late.

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UK’s Prime Minister Boris Johnson Tests Positive for COVID-19

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The U.K’s. Prime Minister Boris Johnson and the nation’s Health Secretary Matt Hancock have both tried positive for coronavirus, the administration said Friday. Their indications are depicted as gentle, and they are self-segregating.

In a tweet, Johnson stated: “Throughout the most recent 24 hours I have created gentle indications and tried positive for coronavirus. I am presently self-separating, however, I will keep on driving the administration’s reaction using video-meeting as we battle this infection.”

In a video inserted in the tweet, he said his indications were “temperature and a persevering hack.” He underscored the message that he kept on driving the administration. “Be in no uncertainty that I can proceed – on account of the wizardry of present-day innovation – to speak with all my top group to lead the national fightback against coronavirus.”

He finished the video by accentuating the significance of social separating and supporting the endeavors of the National Health Service (NHS): “Thank you to everyone who is doing what I am doing – telecommuting. Stop the spread of the infection from the family unit to the family. That is how we are going to win.

“We are going to beat it, and we are going to beat it together. Remain at home. Secure the NHS and spare lives.”

Johnson, whose life partner is pregnant with their first kid, has been open looking for quite a long time, showing up before cameras pretty much consistently close by different pastors and U.K. Chancellor Rishi Sunak for the administration’s day by day coronavirus press preparation, which is broadcast.

The pioneer’s analysis comes only one day after it was affirmed that Prince Charles has additionally tried positive for the infection, as affirmed by Clarence House. The beneficiary to the British position of authority is the nation’s first imperial to have contracted coronavirus.

Prior this month, Canada’s head administrator Justin Trudeau set himself in social separation after his accomplice, Sophie Trudeau, tried positive for coronavirus. In the interim, EU boss arbitrator Michel Barnier likewise tried positive for coronavirus a week ago.

The U.K. is pondering 11,658 instances of COVID-19, with 578 passings to date.

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Education

NTA NEET 2020 Admit Card Not Releasing Today, Check Updates Here

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NEET admit card 2020 release date has been extended by the NTA (National Testing Agency) due to the spread of novel coronavirus in India. The new dates of the NEET (UG) admit card 2020 will be announced after April 14, 2020 (after the 21-day period of the lockdown). The medical aspirant who applied for NTA National Eligibility cum Entrance Test 2020 are advised to keep a track on the NTA official website; ntaneet.nic.in.

About 15,93,452 lakh candidates have applied for the NEET exam, with around 33,357 candidates are from Jammu and Kashmir (J&K). Many central and state board examinations have been postponed as well. The move has been taken as a precautionary measure to prevent the spread of the deadly coronavirus, cases of which crossed 700 mark.

How to Download the NEET 2020 Admit Card?

The candidates can download the admit card of NEET 2020 online by following the below steps.

  1. Visit the NTA official website: ntaneet.nic.in
  2. Click on “NEET admit card 2020”
  3. Enter date of birth, application number and the security pin
  4. Click on “Submit”
  5. NEET admit card will appear on the screen

About NEET (UG) Exam 2020

The NEET Undergraduate (UG) is a 3 hours’ examination with objective type questions and OMR-based. The question paper consists of three sections – physics, biology and chemistry. The paper will have 45 questions each in the Chemistry and Physics sections. For the Biology part, there will be 45 questions covering topics from Zoology, and 45 questions covering Botany.

The NEET 2020 examination will be held in the afternoon session, from 2 pm to 5 pm. Each question will carry 4 marks and 1 mark will be deducted for every wrong answer.

NEET exam is applicable for medical aspirants seeking admission to JIPMER and AIIMS.  The rank of the NEET-UG shortlists the students for admission to their prestigious medical institutions. The exam is also held for admission to undergraduate dental, medical, and Aayush programmes.

Earlier, NTA had to postpone JEE Main exam in view of the rising coronavirus cases in India. The exam was scheduled in April. Now, all the competitive exam dates will be announced only after April 15, that is after the 21-day period of the lockdown and situation is reviewed again.

NTA helpline number:

8287471852

8178359845

9650173668

9599676953

8882356803

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Education

BSEB Bihar Board 12th Result 2020 Declared: Check Bihar Board Topper List and Highlights

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BSEB Bihar Board 12th Result 2020: Bihar School Examination Board has declared the class 12 Bihar Board results on March 24, 2020. The students who have appeared for the BSB Class 12 Commerce, Arts, and Science exam 2020 can check their marks on the official website: biharboardonline.bihar.gov.in. About 12,04,834 students appeared for the class 12 Bihar Board examination this year.

BSEB intermediate examination was conducted from February 3, 2020, to February 13, 2020. 80.44% have passed the BSEB examination. Last year, the intermediate pass percentage was 79.76%.

Anand Kishor, BSEB chairman decided not to hold any press conference and has suspended the evaluation work for Bihar Board class 10 examination till March 31, 2020.

Students can check their BSEB Class 12 Results 2020 from the direct link available below.

BSEB Bihar Board 12th Result 2020: Direct Link

Class 12 Bihar Board Toppers 2020

The top 5 rank holders (of all streams) verification and interview will be conducted by BSEB through Whatsapp video call. The rankers do not have to physically present for the interview in view of Coronavirus outbreak. The pass percentage for commerce, science and art stream is 93.26%, 77.39% and 81.44% respectively.

In Commerce Stream,

Sudhanshu Narayan Chaudhary and Kausar Fatma has topped by scoring 476 marks (95.2%)

In Science Stream,

Neha Kumari has topped class 12 Bihar board exam by securing 476 marks (95.2%)

In Arts Stream,

Sakshy Kumar has topped BSEB intermediate exam by scoring 474 marks (94.80%)

BSEB Bihar Board 12th Result 2020: Highlights

  • Total Number of Students: 12,04,834
  • Total Number of Pass Students: 9,69,159
  • Overall Pass Percentage: 80.44%
  • Total Number of Male Students: 6,56,301
  • Total Number of Passed Male Students: 5,15,934
  • Total Pass Percentage of Male Students: 78.61%
  • Total Number of Female Students: 5,48,533
  • Total Number of Passed Female Students: 4,53,225
  • Total Pass Percentage of Female Students: 82.62%

Division Wise Bihar Board 2020 Results

  • Students in 1st Division – 4,42,284
  • Students in 2nd Division – 4, 69, 439
  • Students in 3rd Division – 56,115

Bihar Board Facility for scrutiny of answer sheet

Due to the coronavirus pandemic, BSEB has announced that the facility for the students to apply for scrutiny of the marks-sheet will not be provided unless the situation is under control. Usually, this application facility is provided to Bihar students online. The board reviews the answer sheets and releases a revised result of the applicant if there are any changes.

About BSEB

The Board of education, BSEB runs under the government of Bihar which conducts senior secondary school examinations twice a year. The annual board examinations are conducted in the months of February-March every year and other supplementary examination held in August-September. The headquarter is located in Patna, the capital of the state.

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Coronavirus

No need to panic, dear countrymen, essential goods and medicines will be available: PM Modi

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Prime Minister Narendra Modi addressed the country at 8 pm on Tuesday night amid rising cases of Coronavirus in the country. PM Modi has announced the entire lockdown across the country from 12 pm tonight. After addressing the nation, PM Modi tweeted and said, “My countrymen, there is no need to panic. Shops of essential goods and medicines will remain open. Central and state governments are working together to ensure this. Together we will fight Covid-19 and create a healthy India. Jai Hind! 

Also, The Ministry of Home Affairs has issued a guideline regarding essential services, effective measures and exceptions during the 21-day lockdown. This guideline states which services will remain operational during these 21 days.

Read and know what services will continue and what will be stopped during these 21 days of lockdown.

What will be opened?

Medical stores, medical equipment shops food items, ration fruits, vegetables, dairy, milk, meat, fish and fodder, etc. and government ration shops, path labs will remain open.

Hospitals and other related medical institutions, production and allocation units, private and government sector dispensaries, chemists, labs, clinics, nursing homes, and ambulances, etc. will continue to function. Health workers, nurses, paramedical staff and other employees will be allowed to be transported.

People will be allowed to visit the doctor and come home from the hospital.

Essential services like pay troll, CNG, LPG, PNG will remain open.

Power generation, electricity distribution will also continue uninterrupted.

Employees working in the power department will also be allowed to go to work.

Private security services will also continue.

Banks, Insurance Offices and ATMs will remain open.

Print and electronic media will be functional.

Delivery of all essential commodities like food, medicines, medical devices through e-commerce will continue.

Petrol pumps, LPG, Petroleum, and Gas in outlets will be available.

Power Generation, Transmission and Distribution Unit will continue.

What will remain closed?

The central government, it’s autonomous/subordinate offices and government companies will remain closed. Exceptions– Defense, CRPF, Treasury, Petroleum, CNG, LPG, PNG, Disaster Management, Power Generation and Transmission Unit, Post Office, NIC Offices.

Offices of States / Union Territories, their autonomous institutions, companies will remain closed. Exceptions: Police, Home Guards, Civil Defense, Fire and Emergency Services, Disaster Management and Jails.

District administration and treasury.Exception: Municipal bodies – Staff for essential services like sanitation and water supply.

Government and private offices will remain closed.

Rail, air and roadways services will not be available.

All modes of public transport-air, rail, road will be closed.

Public places such as malls, halls, gyms, spas, sports clubs will remain closed.

All restaurants, shops will remain closed. Gym, hotels, motels, religious places, all educational institutions will also be closed.

No more than 20 people will be allowed in the funeral.

All factories, workshops, warehouses, weekly markets will remain closed.

In his address to the nation, Modi said that this step has been taken to implement social distancing (social distance) in a very strict manner, the most important weapon against this dangerous virus. The PM also told how coronavirus cases have increased rapidly in the world. The Prime Minister said, “Forget going out of the house for the next 21 days. If you cross Laxman Rekha then you will invite viruses in your homes. The 21-day prisoner is looking long but this is the way to keep everyone safe. If you do not accept 21 days, then our country, your family will go back 21 years. Thus stay home, stay safe.

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