
Mumbai, Mar 27 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das said that there is a probability that large parts of the world will slip into recession. "MPC (Monetary Policy Committee) noted that global economic activity has come to a near stand-still as COVID-19 related lockdowns and social distancing in affected countries. Expectations of a shallow recovery in 2020 from 2019's decade low in global growth have been dashed. The outlook is now heavily contingent upon the intensity, spread and duration of the pandemic. There is a rising probability that large parts of the world will slip into recession," said Das while addressing press conference. 

COVID-19 outbreak: Probably large parts of world will slip into recession, says RBI Governor

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One person died and 20 others were rescued after a tourist boat capsized in the Arabian Sea off Calangute beach in North Goa on Wednesday, police said.
The incident occurred around 1.30 pm, they said.
"A 54-year-old man died and 20 others were rescued and taken to a nearby hospital for treatment after the boat they were travelling in capsized," a senior police official said.
Except for two passengers, all others were wearing life jackets, he said.
The passengers included children as young as six year old and women, he said.
Spokesman of Drishti Marine, a government-appointed lifesaving agency, said the boat capsized around  60 metres away from the coastline, resulting in all the passengers falling off into the sea water.
A family comprising 13 members from Khed in Maharashtra were among the passengers on board, he said.  On seeing the boat getting capsized, a personnel of Drishti Marine rushed to aid and called for backup, he said.
"In all, 18 on-duty lifesavers rushed to the ai

Spokesman of Drishti Marine, a government-appointed lifesaving agency, said the boat capsized around 60 metres away from the coastline, resulting in all the passengers falling off into the sea water

Over 58 lakh property cards providing 'Record of Rights' will be issued for owners in over 50,000 villages across 12 states and union territories on Friday at a virtual event which will be addressed by Prime Minister Narendra Modi, officials of Panchayati Raj Ministry said on Wednesday.
At least 13 union ministers will meanwhile address events in different states where the property cards will be distributed, officials said.
SVAMITVA Scheme, which was launched in 2020, aims at providing a "Record of Rights" to every property owner in the Village Abadi area.
Officials from the Panchayati Raj Ministry said the virtual event, which will be addressed by the Prime Minister, property cards will be issued to 58 lakh property owners in approximately 50,000 villages across 10 states - Chhattisgarh, Gujarat, Himachal Pradesh, Madhya Pradesh, Maharashtra, Mizoram, Odisha, Punjab, Rajasthan, Uttar Pradesh and two Union Territories-  Jammu-Kashmir and Ladakh.
Meanwhile, several union ministers w

'Record of Rights' will be issued for owners in over 50,000 villages across 12 states and union territories on Friday at a virtual event which will be addressed by Prime Minister

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COVID-19 outbreak: Probably large parts of world will slip into recession, says RBI Governor

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