Wednesday, March 18, 2020

Today's Quote and News:


"If you can remain calm in a stressful situation, You win."


National News:

India reported its third death from the COVID-19 pandemic on Tuesday, with the Union Health Ministry putting the number of positive cases at 137.  However data from States puts the number at 143. The deceased person had a history of travel to Dubai and was being treated in Mumbai, Joint Secretary in the Union Health Ministry Lav Agarwal said at a press conference.

AP News:

The Andhra Pradesh High Court issued a circular to all the principal district and sessions courts at the district-level and subordinate courts throughout the state to take up only urgent cases for hearing in order to effectively control and contain spread of Covid-19.

Business News:

Private sector lender Yes Bank has assured all its customers they need not worry about their deposits after the moratorium is lifted, as branches and automated teller machines (ATMs) will have adequate cash. The moratorium, which was imposed on March 5 with deposit withdrawals capped at ₹50,000, will be lifted on Wednesday at 6 p.m. This is the first time in banking history that a moratorium will be lifted from a commercial bank as, in all previous cases, such lenders were merged with other banks.

International News:

U.S. President Donald Trump will ask Congress to approve a massive $850 billion emergency spending package to contain the growing economic damage from the COVID-19 pandemic, according to media reports on Tuesday.

Sports News:

The European championship, due to be played in June and July this year, has been postponed until 2021 because of the coronavirus pandemic, European football's governing body UEFA said on Tuesday.